PrivateBancorp (PVTB) Tops Q1 EPS by 5c
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PrivateBancorp Reports First Quarter 2016 Earnings
April 21, 2016 7:30 AM EDTCHICAGO, April 21, 2016 /PRNewswire/ -- PrivateBancorp, Inc. (NASDAQ: PVTB) today reported net income of $49.6 million, or $0.62 per diluted share, for the first quarter 2016, compared to $41.5 million, or $0.52 per diluted share, for the first quarter 2015, and $52.1 million, or $0.65 per diluted share, for the fourth quarter 2015.
"We had a solid first quarter as we continued to drive results through consistent execution and delivery for our clients," said Larry D. Richman, President and Chief Executive Officer, PrivateBancorp, Inc. "We generated solid loan origination activity, deposit growth and cross-sell opportunities and benefited from a... More
