| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| PrivateBancorp, Inc. |
| Ten North Dearborn Street, Chicago, IL 60602 * (312) 683-7100 |
| Business Description | The company is a bank holding company for The PrivateBank and Trust Company. The bank provides private banking and trust services primarily to affluent professionals, entrepreneurial individuals and their business interests. |
| Offering Information Company has | |||
| Trading As | PVTB (NASNTL) | Industry | Financial (SIC 6022) |
| Type of Stock Offered | Common Shares | Filing Date | 04/27/1999 |
| Domestic Shares Offered | 900,000 | Offer Date | 06/29/1999 |
| Foreign Shares Offered | 0 | Filing Range | $16.00 - $18.00 |
| Company Shares | 900,000 | Offer Price | $18.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.260 |
| Gross Proceeds | $16,200,000 | Selling | $0.720 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 4,351,824 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Everen Securities, Inc. | Lead Manager | (312) 574-6859 |
| Stifel, Nicolaus & Company, Incorporated | Co-manager | (314) 342-2130 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | 3 Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/1994 | 12/31/1995 | 12/31/1996 | 12/31/1997 | 12/31/1998 | 03/31/1998 | 03/31/1999 |
| Revenues | 8.455 | 13.576 | 16.851 | 21.330 | 26.613 | 6.122 | 7.696 |
| Income from Oper. | - | - | - | - | - | - | - |
| Net Income | 0.425 | 1.110 | 1.433 | 2.145 | 3.010 | 0.570 | 1.027 |
| E.P.S | 0.170 | 0.390 | 0.490 | 0.690 | 0.910 | 0.180 | 0.300 |
| Revenue Growth (%) | 60.57 | 24.12 | 26.58 | 24.768 | 25.71 | ||
| Net Income Growth (%) | 161.18 | 29.10 | 49.69 | 40.33 | 80.18 | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | 5.03 | 8.18 | 8.50 | 10.06 | 11.31 | 13.34 | 9.31 |
| Cash Flow - Oper. | 4.27 | 0.74 | 5.51 | ||||
| Cash Flow - Inv. | -115.28 | 11.93 | -14.42 | ||||
| Cash Flow - Fin. | 100.32 | 18.95 | 9.37 | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 03/31/1999 | Financial Ratios | ||||
| Total Assets | 431.06 | Current Assets | - | Current Ratio | - |
| Total Liab. | 401.00 | Current Liab. | 384.45 | Debt Ratio | 93.03% |
| Total Equity | 30.05 | Working Cap. | - | Debt to Equity Ratio | 13.34 |
| Cash | 15.98 | Return on Assets | 0.24% | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes to support the anticipated future growth which may include funding internal growth at the current locations of the banking subsidiary, creating a presence in new markets in the Midwest, creating new offices in the Chicago metropolitan area and acquiring businesses that are complementary. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Vedder Price Kaufman & Kammholz |
| Bank's Law Firm | Jenner & Block |
| Registrar/Transfer Agent | Illinois Stock Transfer Company |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |