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Tristate Capital Stock Price, Forecast & Analysis (NASDAQ:TSC)

$24.00
-0.04 (-0.17 %)
(As of 11/22/2019 05:51 AM ET)
Today's Range
$23.89
Now: $24.00
$24.24
50-Day Range
$20.77
MA: $22.89
$24.34
52-Week Range
$18.20
Now: $24.00
$25.65
Volume181,600 shs
Average Volume114,545 shs
Market Capitalization$703.30 million
P/E Ratio13.87
Dividend YieldN/A
Beta1.07
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. It operates in two segments, Bank and Investment Management. The company's deposit products include checking accounts, money market deposit accounts, and certificates of deposit, as well as promontory's certificate of deposit account registry services and insured cash sweep services. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:TSC
CUSIPN/A
Phone412-304-0304

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$247.70 million
Cash Flow$1.94 per share
Book Value$15.28 per share

Profitability

Net Income$54.42 million

Miscellaneous

Employees257
Market Cap$703.30 million
Next Earnings Date1/29/2020 (Estimated)
OptionableNot Optionable

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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 has initiated a stock buyback plan on Thursday, January 25th 2018, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its stock is undervalued.

How were Tristate Capital's earnings last quarter?

Tristate Capital Holdings Inc (NASDAQ:TSC) issued its quarterly earnings results on Wednesday, October, 16th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.07. The financial services provider earned $46.56 million during the quarter, compared to analyst estimates of $45.39 million. Tristate Capital had a return on equity of 13.05% and a net margin of 19.84%. View Tristate Capital's Earnings History.

When is Tristate Capital's next earnings date?

Tristate Capital is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Tristate Capital.

What price target have analysts set for TSC?

5 brokers have issued twelve-month price targets for Tristate Capital's shares. Their forecasts range from $24.00 to $28.00. On average, they expect Tristate Capital's stock price to reach $26.00 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Tristate Capital.

What is the consensus analysts' recommendation for Tristate Capital?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tristate Capital in the last year. There are currently 1 hold rating and 4 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. " (10/19/2019)
  • 2. Stephens analysts commented, "We also find it unique that TSC is strategically focused (and compensated) on pre-tax income, EPS and revenue while most of other similar sized banks are focused on other profitability metrics such as efficiency ratio, ROA and ROTCE. With its recently completed capital raise, we believe TSC is well positioned to announce an EPS accretive acquisition of an asset manager while continuing to grow loan balances ~20% annualized. TSC is trading at 10.5x our updated EPS forecast and 1.59x tbv vs. small-cap peers at 12.0x and 1.78x tbv respectively. We maintain our Overweight rating and our $25 price target. Our updated EPS forecast primarily reflects the recent and pending capital actions. KEY Updating EPS Forecasts/NDR Highlights. This week, we hosted investor meetings with TSC and CFO David Demas." (6/14/2019)
  • 3. Maxim Group analysts commented, "EPS beat were strong growth in loans and deposits, a stable net interest margin, and a (small) negative loan loss provision. Our $28 price target equates to 12.2x our newly-introduced 2020 EPS estimate of $2.30, versus an average of 9.9x for Small-Cap peers and 12.4x for higher- valued Small-Cap peers. In our view, TSC should be compared to the higher- valued peers, due to its many above-peer attributes (see below)." (4/21/2019)

Has Tristate Capital been receiving favorable news coverage?

Media headlines about TSC stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tristate Capital earned a daily sentiment score of -2.5 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Tristate Capital.

Are investors shorting Tristate Capital?

Tristate Capital saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,570,000 shares, an increase of 22.7% from the September 30th total of 1,280,000 shares. Based on an average daily trading volume, of 113,800 shares, the days-to-cover ratio is presently 13.8 days. Currently, 6.5% of the company's shares are short sold. View Tristate Capital's Current Options Chain.

Who are some of Tristate Capital's key competitors?

What other stocks do shareholders of Tristate Capital own?

Who are Tristate Capital's key executives?

Tristate Capital's management team includes the folowing people:
  • Mr. James Francis Getz, Chairman, Pres & CEO (Age 72)
  • Mr. David J. Demas, Chief Financial Officer (Age 53)
  • Timothy J. Riddle, Exec. Officer and Chief Exec. Officer of Chartwell Investment Partners, LLC
  • Mr. Brian Scott Fetterolf, VP & Director (Age 46)
  • Mr. Thomas M. Groneman, Chief Credit Officer

Who are Tristate Capital's major shareholders?

Tristate Capital's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Stephens Inc. AR (0.66%), NBW Capital LLC (0.25%), Mackay Shields LLC (0.20%), Chicago Equity Partners LLC (0.16%), Rhumbline Advisers (0.13%) and Virginia Retirement Systems ET AL (0.11%). 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, Lovell Minnick Partners Llc, Richard B Seidel and Timothy J Riddle. 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 Emerald Mutual Fund Advisers Trust, SG Americas Securities LLC, Mackay Shields LLC, Stephens Inc. AR, Creative Planning, NBW Capital LLC, First Trust Advisors LP and Chicago Equity Partners LLC. Company insiders that have sold Tristate Capital company stock in the last year include Brian S Fetterolf, James F Getz and Richard B Seidel. View Insider Buying and Selling for Tristate Capital.

Which institutional investors are buying Tristate Capital stock?

TSC stock was acquired by a variety of institutional investors in the last quarter, including Carroll Financial Associates Inc., Rhumbline Advisers, California Public Employees Retirement System and Virginia Retirement Systems ET AL. 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 F Getz, James J Dolan, Richard B Seidel and Timothy J Riddle. 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, Robinhood, Fidelity and Charles Schwab.

What is Tristate Capital's stock price today?

One share of TSC stock can currently be purchased for approximately $24.00.

How big of a company is Tristate Capital?

Tristate Capital has a market capitalization of $703.30 million and generates $247.70 million in revenue each year. The financial services provider earns $54.42 million in net income (profit) each year or $1.73 on an earnings per share basis. Tristate Capital employs 257 workers across the globe.View Additional Information About Tristate Capital.

What is Tristate Capital's official website?

The official website for Tristate Capital is http://www.tristatecapitalbank.com/.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  561
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.
This page was last updated on 11/22/2019 by MarketBeat.com Staff

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