PrivateBancorp Inc. Earnings Advance 40% In Q4

(RTTNews) - PrivateBancorp Inc. (PVTB) announced a profit for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $52.14 million, or $0.65 per share. This was up from $37.22 million, or $0.47 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

PrivateBancorp Inc. earnings at a glance:

-Earnings (Q4): $52.14 Mln. vs. $37.22 Mln. last year. -Earnings Growth (Y-o-Y): 40.1% -EPS (Q4): $0.65 vs. $0.47 last year. -EPS Growth (Y-o-Y): 38.3% -Analysts Estimate: $0.56