Tristate Capital (TSC) Tops Q3 EPS by 5c

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Go back to Tristate Capital (TSC) Tops Q3 EPS by 5c

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