Tristate Capital (TSC) Tops Q2 EPS by 2c

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TriState Capital Reports Second Quarter 2016 Financial Results

July 20, 2016 4:25 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) grew earnings per share to $0.24 in the second quarter of 2016, with EPS increasing 20.0% from the second quarter of 2015 and 14.3% from the first quarter of 2016, driven by record non-interest income, continued double-digit growth of loans, and strong credit quality.

Net income for the parent company of TriState Capital Bank and Chartwell Investment Partners was $6.8 million in the second quarter of 2016, increasing 18.2% from $5.7 million in the second quarter of 2015 and 15.9% from $5.8 million in the first quarter of 2016. Net income per diluted share was $0.24 in the second... More