Tristate Capital (TSC) Tops Q3 EPS by 5c

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TriState Capital’s Third Quarter Results Include Robust Growth Across All Three of Its Business Lines With Strong Credit Metrics and Deferral Trends

October 21, 2020 4:15 PM EDT

-- Profitable growth highlighted by Chartwell assets under management increasing 4.3%, private banking loans primarily collateralized by marketable securities up by 9.7%, and commercial lending up by 2.8% --

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (Nasdaq: TSC) reported third quarter 2020 financial results including positive net flows of client assets into its investment management unit and double-digit growth in loans and deposits from its core private banking and commercial banking businesses, as well as strong credit quality metrics and COVID-19 deferral levels declining better than previously forecast.

The parent company of TriState... More