TriState Capital Holdings, Inc. (TSC) Scheduled to Post Earnings on Tuesday

TriState Capital Holdings, Inc. (NASDAQ:TSC) will be releasing its earnings data after the market closes on Tuesday, October 17th. Analysts expect TriState Capital Holdings to post earnings of $0.32 per share for the quarter.

TriState Capital Holdings (NASDAQ:TSC) last released its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. TriState Capital Holdings had a net margin of 19.80% and a return on equity of 8.98%. The firm had revenue of $33.75 million during the quarter, compared to the consensus estimate of $35.27 million. On average, analysts expect TriState Capital Holdings to post $1.19 EPS for the current fiscal year and $1.56 EPS for the next fiscal year.

TriState Capital Holdings, Inc. (NASDAQ TSC) opened at 23.20 on Tuesday. The company’s 50 day moving average is $21.65 and its 200 day moving average is $23.32. The firm has a market cap of $665.03 million, a P/E ratio of 20.92 and a beta of 0.32. TriState Capital Holdings, Inc. has a 52-week low of $15.90 and a 52-week high of $26.30.

A number of research firms recently commented on TSC. ValuEngine downgraded shares of TriState Capital Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub raised shares of TriState Capital Holdings from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research downgraded shares of TriState Capital Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $28.00 price objective on shares of TriState Capital Holdings in a report on Tuesday, August 22nd. Finally, Stephens reissued a “buy” rating and set a $30.00 price objective on shares of TriState Capital Holdings in a report on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $28.75.

In related news, insider Brian S. Fetterolf purchased 3,250 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average price of $21.83 per share, with a total value of $70,947.50. Following the completion of the transaction, the insider now owns 85,090 shares of the company’s stock, valued at approximately $1,857,514.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian S. Fetterolf purchased 1,560 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average cost of $21.54 per share, with a total value of $33,602.40. Following the transaction, the insider now directly owns 85,090 shares of the company’s stock, valued at approximately $1,832,838.60. The disclosure for this purchase can be found here. Insiders own 23.40% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “TriState Capital Holdings, Inc. (TSC) Scheduled to Post Earnings on Tuesday” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/10/tristate-capital-holdings-inc-tsc-scheduled-to-post-earnings-on-tuesday.html.

TriState Capital Holdings Company Profile

TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and

TriState Capital Holdings (NASDAQ:TSC) last released its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. TriState Capital Holdings had a net margin of 19.80% and a return on equity of 8.98%. The firm had revenue of $33.75 million during the quarter, compared to the consensus estimate of $35.27 million. On average, analysts expect TriState Capital Holdings to post $1.19 EPS for the current fiscal year and $1.56 EPS for the next fiscal year.

TriState Capital Holdings, Inc. (NASDAQ TSC) opened at 23.20 on Tuesday. The company’s 50 day moving average is $21.65 and its 200 day moving average is $23.32. The firm has a market cap of $665.03 million, a P/E ratio of 20.92 and a beta of 0.32. TriState Capital Holdings, Inc. has a 52-week low of $15.90 and a 52-week high of $26.30.

A number of research firms recently commented on TSC. ValuEngine downgraded shares of TriState Capital Holdings from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. BidaskClub raised shares of TriState Capital Holdings from a “sell” rating to a “hold” rating in a report on Thursday, September 28th. Zacks Investment Research downgraded shares of TriState Capital Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Keefe, Bruyette & Woods reissued a “buy” rating and set a $28.00 price objective on shares of TriState Capital Holdings in a report on Tuesday, August 22nd. Finally, Stephens reissued a “buy” rating and set a $30.00 price objective on shares of TriState Capital Holdings in a report on Thursday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $28.75.

In related news, insider Brian S. Fetterolf purchased 3,250 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average price of $21.83 per share, with a total value of $70,947.50. Following the completion of the transaction, the insider now owns 85,090 shares of the company’s stock, valued at approximately $1,857,514.70. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian S. Fetterolf purchased 1,560 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The shares were bought at an average cost of $21.54 per share, with a total value of $33,602.40. Following the transaction, the insider now directly owns 85,090 shares of the company’s stock, valued at approximately $1,832,838.60. The disclosure for this purchase can be found here. Insiders own 23.40% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “TriState Capital Holdings, Inc. (TSC) Scheduled to Post Earnings on Tuesday” was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://ledgergazette.com/2017/10/10/tristate-capital-holdings-inc-tsc-scheduled-to-post-earnings-on-tuesday.html.

TriState Capital Holdings Company Profile

TriState Capital Holdings, Inc is a bank holding company. The Company’s subsidiaries include TriState Capital Bank (the Bank), a Pennsylvania chartered bank; Chartwell Investment Partners, LLC (Chartwell), an investment advisor, and Chartwell TSC Securities Corp. (CTSC Securities). The Company operates through two segments: Bank and Investment Management.

Earnings History for TriState Capital Holdings (NASDAQ:TSC)

Receive News & Ratings for TriState Capital Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriState Capital Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply