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Privatebancorp, Inc. operates as the bank holding company for PrivateBancorp that provides banking and trust services. PrivateBancorp, Inc. was previously known as PrivateBank Holdings, Inc. and changed its name to PrivateBancorp, Inc. in 1998. PrivateBancorp, Inc. was founded in 1988 and is headquartered in Chicago, Illinois with operations in 10 states in the United States.
The Company offers a variety of banking products and services, including checking and savings accounts, money market accounts, deposits, and loans, including residential first and second mortgage loans, home equity loans and lines of credit, personal and cash reserve loans, and credit cards, as well as financial planning and investment advisory services. It also offers a range of commercial lending products, such as commercial checking accounts, government guarantee programs, commercial mortgage loans, construction and development loans, and commercial and industrial loans. The company provides treasury management programs and foreign exchange services to assist business and commercial clients with cash management. Additionally, it offers trust and estate services, including management of personal trusts, wills, and estates, as well as retirement planning services.
As of 2023, Privatebancorp, Inc. operates through 77 locations in the United States. Privatebancorp trades on the NASDAQ exchange under the ticker symbol "PVTB".
Earnings per share (EPS) is a company's net income divided by the number of outstanding shares. Growth in earnings per share can suggest that a company is reaping financial benefits from its investments and can bolster stock price.
Earnings Per Share (EPS) Growth Rates
Annual revenue can be a good starting point for assessing a company's financial health as it reflects growth to help gauge a company's long term sustainability.
Revenue Growth Rates
Year Over Year (%)
0.21%
Quarter To Quarter (%)
-3.05%
Company financial highlights include:
Market capitalization: 4.8 mill
PE ratio:8.84
EBITDA: 136.37 mill
Net income: 103.68 mill
Gross Profit: 445.29 mill
Sales & Revenue: 495.65 mill
Market capitalization (market cap) is the current stock price multiplied by the number of shares outstanding. A company's market cap is, in effect, publicly-traded company's total value. A company's market cap is found by multiplying the total number of shares outstanding by the stock's current price. For example, if a company has 1 million shares outstanding, and its current share price is $10, its market cap is $10 million.
PE Ratio is an important tool for investors and analysts as it helps them to understand whether a stock is overvalued and undervalued. It compares the current stock price to its earnings per share (EPS). The price-to-earnings ratio gives investors a better sense of whether a stock is undervalued or overvalued. Stock with high PE ratios are typically expected to grow faster than those with lower ones. A high PE ratio indicates that a stock is overvalued.
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is used to measure a company's profitability. EBITDA demonstrates a company's ability to generate earnings. It answers the question: "How much money is this company making at its core?" EBITDA measures a company's earnings without taking into account non-operational costs, such as interest (financing costs), taxes, depreciation, and amortization.
Net income or profit for a company is calculated as total revenue minus total expenses. Net income reflects a company's total earnings.
Gross Profit represents the profit made by a company after deducting the cost of goods sold (production/manufacturing cost) from revenue (sales). Also considered as revenue minus its cost of goods sold (COGS).