TABLE-PrivateBancorp <PVTB.O> Q1 earnings rise
April 17 (Reuters) -
PRIVATEBANCORP INC. <PVTB.O>
Latest Yr ago qtr
EPS (diluted, $/shr) 0.42 0.36
Net income ($ million) 9.0 7.6
Net int. income ($ million) 27.8 20.6
--The bank holding company said latest first-quarter
earnings per share include 2 cents of stock-based compensation
expense and that the year-ago first-quarter earnings per share
were restated to 36 cents from 37 cents as a result of 1 cent
of stock-based compensation expense.
--The company said reported results for the first quarter
of 2006 include the financial results of PrivateBank -
Michigan, which was acquired on June 20, 2005.
--For the latest first quarter, analysts on average had
expected the company to earn 42 cents a share, before
exceptional items, according to Reuters Estimates.
(Reporting by Devidutta Tripathy in Bangalore)
(17Apr06 10:35 GMT
Symbols:
us;PVTB
Source RTRS Reuters News