TriState Capital Holdings, Inc. operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management. Its deposit products include checking accounts, money market deposit accounts, and certificates of deposit, as well as promontory's certificate of deposit account registry service and insured cash sweep services. The company also provides loans that are secured by cash or marketable securities, commercial and industrial loans, commercial real estate loans, personal loans, asset-based loans, acquisition financing, and letters of credit. In addition, it offers cash and treasury management services, such as online balance reporting, online bill payment, remote deposit, liquidity, wire and ACH, foreign exchange, and controlled disbursement services; and capital market services comprising interest rate swaps and investment management products. Further, the company provides equity and fixed income advisory and sub-advisory services to third party mutual funds and series trust mutual funds, as well as to separately managed accounts for clients, including ultra-high-net-worth and institutional clients, corporations, ERISA plans, Taft-Hartley funds, municipalities, endowments, and foundations. The company offers its products and services through its main office located in Pittsburgh, Pennsylvania, as well as through its four additional representative offices in Cleveland, Ohio; Philadelphia, Pennsylvania; Edison, New Jersey; and New York, New York. TriState Capital Holdings, Inc. was founded in 2007 and is headquartered in Pittsburgh, Pennsylvania.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:TSC
Previous Symbol
CUSIPN/A
Phone412-304-0304
Debt
Debt-to-Equity Ratio0.61
Current Ratio1.02
Quick Ratio1.02
Price-To-Earnings
Trailing P/E Ratio16.71
Forward P/E Ratio12.12
P/E Growth1.09
Sales & Book Value
Annual Sales$181.26 million
Price / Sales3.30
Cash Flow$1.2926 per share
Price / Cash Flow16.03
Book Value$13.61 per share
Price / Book1.52
Profitability
EPS (Most Recent Fiscal Year)$1.24
Net Income$37.98 million
Net Margins22.52%
Return on Equity11.43%
Return on Assets0.91%
Miscellaneous
Employees230
Outstanding Shares28,860,000
Market Cap$649.11 million
OptionableNot Optionable
Tristate Capital (NASDAQ:TSC) Frequently Asked Questions
What is Tristate Capital's stock symbol?
Tristate Capital trades on the NASDAQ under the ticker symbol "TSC."
How will Tristate Capital's stock buyback program work?
Tristate Capital announced that its Board of Directors has approved a share repurchase program on Thursday, January 25th 2018, which authorizes the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Tristate Capital's earnings last quarter?
Tristate Capital Holdings Inc (NASDAQ:TSC) released its earnings results on Wednesday, October, 17th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.01. The financial services provider earned $41.57 million during the quarter, compared to analysts' expectations of $43.64 million. Tristate Capital had a net margin of 22.52% and a return on equity of 11.43%. View Tristate Capital's Earnings History.
When is Tristate Capital's next earnings date?
What price target have analysts set for TSC?
4 Wall Street analysts have issued 1 year price targets for Tristate Capital's shares. Their forecasts range from $31.00 to $35.00. On average, they anticipate Tristate Capital's stock price to reach $32.6667 in the next twelve months. This suggests a possible upside of 57.7% from the stock's current price. View Analyst Price Targets for Tristate Capital.
What is the consensus analysts' recommendation for Tristate Capital?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tristate Capital in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Tristate Capital.
What are Wall Street analysts saying about Tristate Capital stock?
Here are some recent quotes from research analysts about Tristate Capital stock:
- 1. According to Zacks Investment Research, "Tristate Capital Holdings, Inc. is a bank holding company for TriState Capital Bank. The company provides commercial and private banking services to middle market businesses, professionals and high net worth individuals. It offers deposit products, commercial and industrial loans as well as cash management services which consist of online balance reporting, online bill payment, remote deposit, liquidity services, wire and ACH services, foreign exchange, controlled disbursement services and capital market services. Tristate Capital Holdings, Inc. is headquartered in Pittsburgh, Pennsylvania. " (10/23/2018)
- 2. Maxim Group analysts commented, "3Q18 EPS of $0.47 versus consensus of $0.46, driven by very strong growth in loans (up 4.5% linked-quarter) and deposits (up 7.1%), though a narrower net interest margin (down 16bps)." (10/18/2018)
Has Tristate Capital been receiving favorable news coverage?
News stories about TSC stock have trended somewhat negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tristate Capital earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an impact on the stock's share price in the near term.
Who are some of Tristate Capital's key competitors?
Some companies that are related to Tristate Capital include South State (SSB), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), First Bancorp (FBP), Renasant (RNST), TowneBank (TOWN), Banner (BANR), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), Eagle Bancorp (EGBN), Ameris Bancorp (ABCB) and Heartland Financial USA (HTLF).
Who are Tristate Capital's key executives?
Tristate Capital's management team includes the folowing people:
- Mr. James Francis Getz, Chairman, Pres & CEO (Age 71)
- Mr. Brian Scott Fetterolf, VP & Director (Age 45)
- Mr. David J. Demas, Chief Financial Officer (Age 52)
- Mr. Thomas M. Groneman, Chief Credit Officer
- Mr. James Hill, Sr. VP of Commercial Lending - New Jersey Regional Office
Who are Tristate Capital's major shareholders?
Tristate Capital's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.03%), Dimensional Fund Advisors LP (4.60%), Banc Funds Co. LLC (4.53%), Vanguard Group Inc. (4.00%), Vanguard Group Inc (4.00%) and Royce & Associates LP (2.67%). Company insiders that own Tristate Capital stock include Brian S Fetterolf, David J Demas, David L Bonvenuto, Helen Hanna Casey, James E Minnick, James F Getz, James J Dolan, John B Yasinsky, Kim Ruth, Lovell Minnick Partners Llc and Richard B Seidel. View Institutional Ownership Trends for Tristate Capital.
Which institutional investors are selling Tristate Capital stock?
TSC stock was sold by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, Heartland Advisors Inc., Northpointe Capital LLC, Quantum Capital Management, Putnam Investments LLC, First Trust Advisors LP, Elk Creek Partners LLC and Hodges Capital Management Inc.. Company insiders that have sold Tristate Capital company stock in the last year include James E Minnick, James F Getz, James J Dolan, John B Yasinsky, Lovell Minnick Partners Llc and Richard B Seidel. View Insider Buying and Selling for Tristate Capital.
Which institutional investors are buying Tristate Capital stock?
TSC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Clearbridge Investments LLC, Brown Advisory Inc., Marshall Wace LLP, Morgan Stanley, Chicago Equity Partners LLC, Dimensional Fund Advisors LP and TIAA CREF Investment Management LLC. Company insiders that have bought Tristate Capital stock in the last two years include Brian S Fetterolf, David J Demas, David L Bonvenuto, Helen Hanna Casey, James J Dolan and Kim Ruth. View Insider Buying and Selling for Tristate Capital.
How do I buy shares of Tristate Capital?
Shares of TSC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tristate Capital's stock price today?
One share of TSC stock can currently be purchased for approximately $20.72.
How big of a company is Tristate Capital?
Tristate Capital has a market capitalization of $649.11 million and generates $181.26 million in revenue each year. The financial services provider earns $37.98 million in net income (profit) each year or $1.24 on an earnings per share basis. Tristate Capital employs 230 workers across the globe.
What is Tristate Capital's official website?
How can I contact Tristate Capital?
Tristate Capital's mailing address is ONE OXFORD CENTRE 301 GRANT STREET SUITE 2700, PITTSBURGH PA, 15219. The financial services provider can be reached via phone at 412-304-0304 or via email at [email protected]
MarketBeat Community Rating for Tristate Capital (NASDAQ TSC)
MarketBeat's community ratings are surveys of what our community members think about Tristate Capital and other stocks. Vote "Outperform" if you believe TSC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TSC will underperform the S&P 500 over the long term. You may vote once every thirty days.
