Tristate Capital (TSC) Tops Q2 EPS by 10c, Slight Beat on Revenues

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TriState Capital Reports Record Revenue, Pre-Tax Income and Earnings for the Second Quarter of 2018

July 18, 2018 4:15 PM EDT

-- Results included double-digit growth in pre-tax income, earnings, loans, deposits and AUM --

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (NASDAQ: TSC) reported record pre-tax income and earnings resulting from increasing revenues and operating leverage in the three months ended June 30, 2018, as loans, deposits and assets under management (AUM) grew at double-digit rates in the second quarter.

The parent company of TriState Capital Bank and Chartwell Investment Partners grew second quarter 2018 diluted earnings per share (EPS) to $0.48, including a net benefit of $0.08 primarily from a tax credit... More