Tristate Capital (TSC) Tops Q3 EPS by 6c; Agrees to Acquire Certain Assets from Aberdeen Asset Management

TriState Capital Reports Third Quarter 2016 Financial Results

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) grew earnings per share (EPS) to $0.30 in the third quarter of 2016, with EPS increasing 36.4% from the third quarter of 2015 and 25.0% from the second quarter of 2016. The parent company of TriState Capital Bank and Chartwell Investment Partners also reported record revenue, net interest income and investment management fees, while continuing to drive strong loan and deposit growth, maintaining excellent credit quality, and enhancing its capital position.

TriState Capitals net income grew to $8.5 million in the third quarter of 2016, increasing 38.2% from $6.1 million in the third quarter... More

TriState Capital to Accelerate Growth of Its Chartwell Investment Partners Subsidiary Through Transaction with Aberdeen Asset Management, Inc.

-- Brings expanded product capability and about $4 billion in client assets to Chartwell as TriState Capital executes strategy to complement strong organic growth of its investment management business with selective acquisitions --

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) entered into a definitive agreement to acquire certain assets from Aberdeen Asset Management Inc. in a transaction designed to expand the fixed income investment team and product offering of the bank holding companys Chartwell Investment Partners business.

Institutional accounts with about $4 billion in client assets under... More