Tristate Capital (TSC) Tops Q1 EPS by 2c

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Go back to Tristate Capital (TSC) Tops Q1 EPS by 2c

TriState Capital Reports First Quarter 2015 Financial Results

April 22, 2015 4:01 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) today reported solid growth in first quarter 2015 net income, earnings per share and total revenue over the first quarter of 2014, driven by excellent credit quality, investment management fees and continued double-digit expansion of lending.

Net income was $5.1 million, or $0.18 per diluted share, in the first quarter of 2015, compared to $4.6 million, or $0.16 per share, in the prior year quarter. Results for the first quarter of 2014 included $1.0 million in pre-tax gains from the sales of investment securities and one months contribution from the Chartwell Investment Partners... More