PrivateBancorp Inc. (PVTB) reported a third quarter net loss available to common stockholders of $0.68 per share Monday morning, compared to a net loss available to common stockholders of $0.25 per share last year. The consensus estimate was for a profit of $0.08 per share. The company also announced that it commenced an underwritten public offering of $175 million of its common stock. PrivateBancorp gapped open sharply lower Monday and declined for the majority of the session. Shares finished down by $7.02 at $11.98 on the highest volume in over 5 months. The stock has been declining for the last week and a half and finished at a 7-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.