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PrivateBancorp (PrivateBancorp) Asset Turnover : 0.01 (As of Mar. 2017)


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What is PrivateBancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PrivateBancorp's Revenue for the three months ended in Mar. 2017 was $198.3 Mil. PrivateBancorp's Total Assets for the quarter that ended in Mar. 2017 was $20,235.0 Mil. Therefore, PrivateBancorp's Asset Turnover for the quarter that ended in Mar. 2017 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. PrivateBancorp's annualized ROE % for the quarter that ended in Mar. 2017 was 11.84%. It is also linked to ROA % through Du Pont Formula. PrivateBancorp's annualized ROA % for the quarter that ended in Mar. 2017 was 1.15%.


PrivateBancorp Asset Turnover Historical Data

The historical data trend for PrivateBancorp's Asset Turnover 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 Asset Turnover Chart

PrivateBancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

PrivateBancorp Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of PrivateBancorp's Asset Turnover

For the Banks - Regional subindustry, PrivateBancorp's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PrivateBancorp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PrivateBancorp's Asset Turnover falls into.



PrivateBancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

PrivateBancorp's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=730.184/( (17252.848+20053.773)/ 2 )
=730.184/18653.3105
=0.04

PrivateBancorp's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=198.301/( (20053.773+20416.218)/ 2 )
=198.301/20234.9955
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


PrivateBancorp  (NAS:PVTB) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

PrivateBancorp's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=231.808/1957.333
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(231.808 / 793.204)*(793.204 / 20234.9955)*(20234.9955/ 1957.333)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.22 %*0.0392*10.338
=ROA %*Equity Multiplier
=1.15 %*10.338
=11.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

PrivateBancorp's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=231.808/20234.9955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(231.808 / 793.204)*(793.204 / 20234.9955)
=Net Margin %*Asset Turnover
=29.22 %*0.0392
=1.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


PrivateBancorp Asset Turnover Related Terms

Thank you for viewing the detailed overview of PrivateBancorp's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


PrivateBancorp (PrivateBancorp) Business Description

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