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PrivateBancorp Returns To Profitability In 1Q
Stock quotes in this article:
PVTB
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CHICAGO (AP) — PrivateBancorp Inc., which provides financial services to commercial firms, business owners, executives and individuals, said Monday it returned to profitability during the first quarter and easily topped analysts' expectations.
The bank earned $4.8 million, or 14 cents per share, after paying preferred dividends. It lost $9.3 million, or 34 cents per share, during the same quarter last year.
Analysts polled by Thomson Reuters, on average, forecast a loss of 2 cents per share. ...
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