Larry Richman - PrivateBancorp CEO
CEO
Mr. Larry D. Richman is President, Chief Executive Officer, Director of PrivateBancorp, Inc., and President, Chief Executive Officer of The PrivateBank, subsidiary of the Company. He was a director since 2007. Prior to joining the Company in 2007, Mr. Richman was president and chief executive officer of LaSalle Bank, N.A., and president of LaSalle Bank Midwest N.A. Mr. Richman began his career with American National Bank and joined Exchange National Bank of Chicago in 1981, which merged with LaSalle Bank in 1990. Mr. Richman is involved in many civic and charitable organizations, including, among others, Mayor Rahm Emanuels World Business Chicago, the Economic Club of Chicago, the Museum of Science and Industry, Northwestern Memorial Hospital, the Field Museum, the Big Shoulders Fund and the Executives Club of Chicago. Mr. Richman is also a member of the Deans Advisory Council at Indiana Universitys Kelley School of Business since 2007.
| Age | 62 |
| Tenure | 17 years |
| Phone | 312 564-2000 |
| Web | www.pvtb.com |
PrivateBancorp Management Efficiency
The company has return on total asset (ROA) of 0.84 % which means that it generated a profit of $0.84 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 8.69 %, meaning that it created $8.69 on every $100 dollars invested by stockholders. PrivateBancorp's management efficiency ratios could be used to measure how well PrivateBancorp manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 1.55 B in liabilities with Debt to Equity (D/E) ratio of 9.15, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist PrivateBancorp until it has trouble settling it off, either with new capital or with free cash flow. So, PrivateBancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PrivateBancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PrivateBancorp to invest in growth at high rates of return. When we think about PrivateBancorp's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 8.69 | |||
| Return On Asset | 0.84 |
PrivateBancorp Leadership Team
Elected by the shareholders, the PrivateBancorp's board of directors comprises two types of representatives: PrivateBancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PrivateBancorp. The board's role is to monitor PrivateBancorp's management team and ensure that shareholders' interests are well served. PrivateBancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PrivateBancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Norman Bobins, Independent Director | ||
| Brant Ahrens, President - Personal Client Services of the Bank | ||
| Michelle Collins, Director | ||
| Cheryl McKissack, Independent Director | ||
| Leonard Wiatr, Chief Risk Officer | ||
| Jeanette OLoughlin, IR Contact Officer | ||
| James Guyette, Non-Executive Independent Chairman of the Board | ||
| Ralph Mandell, Co-Founder, Chairman Emeritus and Member of Bus. Risk Committee | ||
| Diane Aigotti, Independent Director | ||
| Larry Richman, CEO and President Executive Director, Member of Bus. Risk Committee, CEO of Privatebank and President of Privatebank | ||
| Karen Case, Executive VP and President of Commercial Real Estate Banking - Privatebank | ||
| Vicki Znavor, Chief Human Resource Officer | ||
| Alejandro Silva, Independent Director | ||
| William Rybak, Independent Director | ||
| Richard Price, Independent Director | ||
| Edward Rabin, Independent Director | ||
| Kevin Killips, CFO, Executive VP, CFO of Privatebank and Executive Managing Director of Privatebank | ||
| Jennifer Evans, Executive Vice President General Counsel, Corporate Secretary | ||
| Kevin Solkema, Chief Credit Risk Officer | ||
| James Nicholson, Independent Director | ||
| Bruce Lubin, Executive VP and President of Illinois Commercial Banking - Privatebank | ||
| Bruce Hague, Executive VP and President of National Commercial Banking and Regional Markets - Privatebank and Executive Managing Director of Privatebank |
PrivateBancorp Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PrivateBancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 8.69 | |||
| Return On Asset | 0.84 | |||
| Profit Margin | 19.16 % | |||
| Operating Margin | 48.48 % | |||
| Current Valuation | 4.07 B | |||
| Shares Outstanding | 80.07 M | |||
| Shares Owned By Insiders | 6.85 % | |||
| Shares Owned By Institutions | 95.80 % | |||
| Number Of Shares Shorted | 2.2 M | |||
| Price To Earning | 22.95 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PrivateBancorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PrivateBancorp's short interest history, or implied volatility extrapolated from PrivateBancorp options trading.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in PrivateBancorp Stock
If you are still planning to invest in PrivateBancorp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PrivateBancorp's history and understand the potential risks before investing.
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