NASDAQ:TSC - Tristate Capital Stock Price, News, Headlines & Rumors

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$28.85 -0.50 (-1.70 %)
(As of 08/16/2018 06:08 AM ET)
Previous Close$29.35
Today's Range$28.70 - $29.35
52-Week Range$20.30 - $30.10
Volume95,660 shs
Average Volume121,205 shs
Market Capitalization$846.77 million
P/E Ratio23.27
Dividend YieldN/A
Beta0.48
Tristate Capital logoTriState 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.64
Current Ratio1.05
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio23.27
Forward P/E Ratio16.77
P/E Growth1.42

Sales & Book Value

Annual Sales$181.26 million
Price / Sales4.61
Cash Flow$1.3844 per share
Price / Cash20.84
Book Value$13.61 per share
Price / Book2.12

Profitability

EPS (Most Recent Fiscal Year)$1.24
Net Income$37.98 million
Net Margins22.41%
Return on Equity10.73%
Return on Assets0.87%

Miscellaneous

Employees230
Outstanding Shares28,950,000
Market Cap$846.77 million

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 approved a share repurchase plan on Thursday, January 25th 2018, which permits the company to buyback $5,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its shares are undervalued.

How were Tristate Capital's earnings last quarter?

Tristate Capital Holdings Inc (NASDAQ:TSC) posted its quarterly earnings results on Wednesday, July, 18th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.03. The financial services provider earned $41.29 million during the quarter, compared to analyst estimates of $40.72 million. Tristate Capital had a net margin of 22.41% and a return on equity of 10.73%. 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, October, 17th 2018. View Earnings Estimates for Tristate Capital.

What price target have analysts set for TSC?

5 analysts have issued 1-year price objectives for Tristate Capital's shares. Their predictions range from $28.00 to $35.00. On average, they expect Tristate Capital's stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 5.7% 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.

Are investors shorting Tristate Capital?

Tristate Capital saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,177,278 shares, an increase of 28.5% from the July 13th total of 916,208 shares. Based on an average daily trading volume, of 194,626 shares, the days-to-cover ratio is presently 6.0 days. Approximately 4.9% of the shares of the company are short sold. View Tristate Capital's Current Options Chain.

Who are some of Tristate Capital's key competitors?

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 S. Fetterolf, VP & Director (Age 45)
  • Mr. David J. Demas, Chief Financial Officer (Age 52)
  • Mr. Thomas M. Groneman, Chief Credit Officer
  • James F. Bauerle, Sec.

Has Tristate Capital been receiving favorable news coverage?

News stories about TSC stock have been trending somewhat positive on Thursday, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tristate Capital earned a coverage optimism score of 0.03 on Accern's scale. They also gave news stories about the financial services provider an impact score of 47.98 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Tristate Capital.

Who are Tristate Capital's major shareholders?

Tristate Capital's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.27%), Dimensional Fund Advisors LP (4.25%), Royce & Associates LP (2.52%), Heartland Advisors Inc. (2.07%), Emerald Mutual Fund Advisers Trust (1.84%) and Northpointe Capital LLC (1.76%). 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 A Zappala. View Institutional Ownership Trends for Tristate Capital.

Which major investors are selling Tristate Capital stock?

TSC stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Millennium Management LLC, Heartland Advisors Inc., Renaissance Technologies LLC, Cortina Asset Management LLC, Globeflex Capital L P, Carroll Financial Associates Inc. and Kestrel Investment Management Corp. 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 and Lovell Minnick Partners Llc. View Insider Buying and Selling for Tristate Capital.

Which major investors are buying Tristate Capital stock?

TSC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Advisors LLC, Emerald Mutual Fund Advisers Trust, Dimensional Fund Advisors LP, Royce & Associates LP, Fuller & Thaler Asset Management Inc., Bank of New York Mellon Corp and Putnam Investments 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 F Getz 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 $28.85.

How big of a company is Tristate Capital?

Tristate Capital has a market capitalization of $846.77 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  357
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 8/16/2018 by MarketBeat.com Staff

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