After five consecutive quarters of losses, PrivateBancorp Inc. of Chicago might have expected a more positive reaction to its surprising $4.8 million profit for the first quarter.

Instead, analysts focused on weakening credit quality, saying the $10.4 billion-asset company should have set aside a higher provision for loan losses.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.