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NASDAQ:TSCTristate Capital Stock Price, Forecast & News

$14.89
-0.06 (-0.40 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$14.89
Now: $14.89
$15.50
50-Day Range
$9.67
MA: $13.06
$15.96
52-Week Range
$7.59
Now: $14.89
$26.43
Volume155,100 shs
Average Volume239,246 shs
Market Capitalization$444.33 million
P/E Ratio8.32
Dividend YieldN/A
Beta2
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. It also provides loans that are secured by cash, marketable securities, cash value life insurance, residential property, or other financial assets, as well as commercial and industrial loans, commercial real estate loans, personal loans, asset-based loans, acquisition financing, and letters of credit. In addition, the company offers liquidity 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 equity and fixed income advisory and sub-advisory services to third party mutual funds and series trust mutual funds, as well as separately managed accounts primarily comprising ultra-high-net-worth and institutional clients that include corporations, ERISA plans, Taft-Hartley funds, municipalities, endowments, and foundations. Further, it provides cash management services; and capital market services, which comprise interest rate swaps and investment management products, as well as engages in wholesaling and marketing the investment products and services. 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 incorporated in 2006 and is headquartered in Pittsburgh, Pennsylvania.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.57 out of 5 stars


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$315.23 million
Cash Flow$2.20 per share
Book Value$17.21 per share

Profitability

Net Income$60.19 million

Miscellaneous

Employees257
Market Cap$444.33 million
Next Earnings Date7/15/2020 (Estimated)
OptionableNot Optionable

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Tristate Capital (NASDAQ:TSC) Frequently Asked Questions

How has Tristate Capital's stock been impacted by COVID-19 (Coronavirus)?

Tristate Capital's stock was trading at $15.47 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TSC stock has decreased by 3.7% and is now trading at $14.89. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tristate Capital?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tristate Capital in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tristate Capital.

When is Tristate Capital's next earnings date?

Tristate Capital is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Tristate Capital.

How were Tristate Capital's earnings last quarter?

Tristate Capital Holdings Inc (NASDAQ:TSC) issued its earnings results on Monday, April, 20th. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.12. The financial services provider earned $48.24 million during the quarter, compared to analysts' expectations of $45.23 million. Tristate Capital had a net margin of 18.48% and a return on equity of 12.09%. View Tristate Capital's earnings history.

What price target have analysts set for TSC?

6 brokers have issued 1-year target prices for Tristate Capital's shares. Their forecasts range from $20.00 to $25.00. On average, they anticipate Tristate Capital's share price to reach $23.50 in the next year. This suggests a possible upside of 57.8% from the stock's current price. View analysts' price targets 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. " (5/9/2020)
  • 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)

Has Tristate Capital been receiving favorable news coverage?

News headlines about TSC stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tristate Capital earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutTristate Capital.

Are investors shorting Tristate Capital?

Tristate Capital saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 815,800 shares, an increase of 28.9% from the April 30th total of 633,100 shares. Based on an average daily trading volume, of 292,500 shares, the short-interest ratio is currently 2.8 days. Approximately 3.0% 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?

What other stocks do shareholders of Tristate Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tristate Capital investors own include Energy Transfer LP Unit (ET), Netflix (NFLX), Ford Motor (F), Veeva Systems (VEEV), SandRidge Permian Trust (PER), AT&T (T), Twitter (TWTR), Verizon Communications (VZ), Advanced Micro Devices (AMD) and Baidu (BIDU).

Who are Tristate Capital's key executives?

Tristate Capital's management team includes the following 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

What is Tristate Capital's stock symbol?

Tristate Capital trades on the NASDAQ under the ticker symbol "TSC."

Who are Tristate Capital's major shareholders?

Tristate Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.50%), Banc Funds Co. LLC (4.02%), Clearbridge Investments LLC (3.01%), Fuller & Thaler Asset Management Inc. (2.49%), State Street Corp (2.12%) and Silvercrest Asset Management Group LLC (1.94%). Company insiders that own Tristate Capital stock 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 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 BlackRock Inc., Banc Funds Co. LLC, Citigroup Inc., Clearbridge Investments LLC, Kestrel Investment Management Corp, UBS Group AG, HighTower Advisors LLC, and NBW Capital LLC. View insider buying and selling activity for Tristate Capital.

Which major investors are buying Tristate Capital stock?

TSC stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Fuller & Thaler Asset Management Inc., Skylands Capital LLC, 1492 Capital Management LLC, Comerica Bank, Driehaus Capital Management LLC, Two Sigma Investments LP, and Tieton Capital 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 F Getz, James J Dolan, Richard B Seidel, and Timothy J Riddle. View insider buying and selling activity 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 $14.89.

How big of a company is Tristate Capital?

Tristate Capital has a market capitalization of $444.33 million and generates $315.23 million in revenue each year. The financial services provider earns $60.19 million in net income (profit) each year or $1.92 on an earnings per share basis. Tristate Capital employs 257 workers across the globe.

What is Tristate Capital's official website?

The official website for Tristate Capital is 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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