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PrivateBancorp (PrivateBancorp) Net Interest Margin (Bank Only) % : 3.30% (As of Mar. 2017)


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What is PrivateBancorp Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. PrivateBancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2017 was $644.1 Mil. PrivateBancorp's average earning assets for the quarter that ended in Mar. 2017 was $19,518.0 Mil. Therefore, PrivateBancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2017 was 3.30%.


PrivateBancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for PrivateBancorp's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PrivateBancorp Net Interest Margin (Bank Only) % Chart

PrivateBancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 3.16 3.20 3.26 3.24

PrivateBancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.32 3.29 3.24 3.29 3.30

Competitive Comparison of PrivateBancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, PrivateBancorp's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PrivateBancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PrivateBancorp's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where PrivateBancorp's Net Interest Margin (Bank Only) % falls into.



PrivateBancorp Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

PrivateBancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2016 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2015 ) + Earning Assets (A: Dec. 2016 ))/ count )
=582.426/( (16594.939 + 19330.268)/ 2 )
=582.426/17962.6035
=3.24 %

where

Earning Assets(A: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=238.511 + 13235.779 + 3120.649
=16594.939

Earning Assets(A: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=587.563 + 14991.057 + 3751.648
=19330.268

PrivateBancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2017 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2016 ) + Earning Assets (Q: Mar. 2017 ))/ count )
=644.072/( (19330.268 + 19705.648)/ 2 )
=644.072/19517.958
=3.30 %

where

Earning Assets(Q: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=587.563 + 14991.057 + 3751.648
=19330.268

Earning Assets(Q: Mar. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=335.943 + 15455.567 + 3914.138
=19705.648

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2017) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


PrivateBancorp  (NAS:PVTB) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


PrivateBancorp Net Interest Margin (Bank Only) % Related Terms

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PrivateBancorp (PrivateBancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
PrivateBancorp provides financial services to wealthy individuals and their families. It operates seven offices in the Chicago area, and one in St. Louis, Missouri. Services include checking, savings, and money market accounts, as well as residential and commercial loans. PrivateBancorp also provides estate planning and trust administration, brokerage accounts, and retirement planning. The company offers investment counsel through its Lodestar subsidiary, in which it has an 80% stake.
Executives
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
William R Rybak director 2020 CALAMOS COURT, NAPERVILE IL 60563
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Cheryl Mayberry Mckissack director 3680 VICTORIA ST. N., C/O DELUXE CORP, SHOREVIEW MN 55126
Norman Bobins director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
James Bruce Nicholson director 500 KIRTS BLVD, TROY MI 48084
Kevin M Killips officer: Chief Financial Officer 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Diane Aigotti director C/O PRIVATEBANCORP,INC., 120 SOUTH LASALLE STREET - LEGAL DEPT., CHICAGO IL 60603
Alejandro Silva director 4118 SOUTH HALSTED STREET, CHICAGO IL 60609
James M Guyette director 111 TOLLGATE WAY, FALLS CHURCH VA 22046
Gtcr Golder Rauner Ii Llc director
Roche Collin E director 303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Gary S Collins officer: Pres. The PrivateClients Group 913 SOUTH BOULEVARD, OAK PARK IL 60302
John B Williams officer: Chief Operating Officer C/O ASSOCIATED BANC-CORP, 433 MAIN STREET, GREEN BAY WI 54301
Dennis L Klaeser officer: Chief Financial Officer 235 EAST MAIN STREET, MIDLAND MI 48640