TriState Capital Holdings, Inc. IPO Info
Company Name: TriState Capital Holdings, Inc.
Stock Symbol: TSC
Exchange: NASDAQ
Status: Priced
IPO Date: 5/9/2013
IPO Price:
11.50 (
3.13%)
Underwriters
Stephens Inc., Keefe, Bruyette & Woods, A Stifel Company, Baird, Macquarie Capital
Amount of Offering: N/A
Number of Shares Offered: 5.7 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
TriState Capital Holdings, Inc. is a bank holding company headquartered in Pittsburgh, Pennsylvania. Through wholly owned bank subsidiary, TriState Capital Bank, the company serves middle market businesses in primary markets throughout the states of Pennsylvania, Ohio, New Jersey and New York. TriState Capital also serve high net worth individuals on a national basis through its private banking channel. The company markets and distributes all of products and services through a scalable branchless banking model.
As of December 31, 2012, on a consolidated basis, the company had total assets of $2.1 billion, total loans of $1.6 billion, total deposits of $1.8 billion and shareholdersâ equity of $217.7 million.
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