PrivateBancorp Inc. Q3 Earnings Advance 12%

(RTTNews) - PrivateBancorp Inc. (PVTB) announced earnings for its third quarter that advanced from last year.

The company said its bottom line came in at $45.27 million, or $0.57 per share. This was up from $40.53 million, or $0.51 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.0% to $163.13 million. This was up from $148.24 million last year.

PrivateBancorp Inc. earnings at a glance:

-Earnings (Q3): $45.27 Mln. vs. $40.53 Mln. last year.
-Earnings Growth (Y-o-Y): 11.7%
-EPS (Q3): $0.57 vs. $0.51 last year.
-EPS Growth (Y-o-Y): 11.8%
-Analysts Estimate: $0.55
-Revenue (Q3): $163.13 Mln vs. $148.24 Mln last year.
-Revenue Change (Y-o-Y): 10.0%