TriState Capital Holdings, Inc. operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. More Details
No risks detected for TSC from our risk checks.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has TriState Capital Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TSC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TSC's weekly volatility (9%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: TSC underperformed the US Banks industry which returned -20.3% over the past year.
Return vs Market: TSC underperformed the US Market which returned 19% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is TriState Capital Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Type Of Returns Would TriState Capital Holdings'(NASDAQ:TSC) Shareholders Have Earned If They Purchased Their SharesYear Ago?
3 months ago | Simply Wall StThe Managing Partner & CEO of Chartwell Investment Partners of TriState Capital Holdings, Inc. (NASDAQ:TSC), Timothy Riddle, Just Bought 1.7% More Shares
4 months ago | Simply Wall StHow Much Of TriState Capital Holdings, Inc. (NASDAQ:TSC) Do Insiders Own?
Is TriState Capital Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TSC ($16.6) is trading above our estimate of fair value ($13.45)
Significantly Below Fair Value: TSC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TSC is poor value based on its PE Ratio (11.9x) compared to the US Banks industry average (11.2x).
PE vs Market: TSC is good value based on its PE Ratio (11.9x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: TSC is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: TSC's PB Ratio (0.9x) is in line with the US Banks industry average.
How is TriState Capital Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TSC's forecast earnings growth (25.6% per year) is above the savings rate (2.2%).
Earnings vs Market: TSC's earnings (25.6% per year) are forecast to grow faster than the US market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TSC's revenue (14.5% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: TSC's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TSC's Return on Equity is forecast to be low in 3 years time (8.4%).
How has TriState Capital Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TSC has high quality earnings.
Growing Profit Margin: TSC's current net profit margins (22.6%) are lower than last year (31.8%).
Past Earnings Growth Analysis
Earnings Trend: TSC's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: TSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TSC had negative earnings growth (-30%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).
Return on Equity
High ROE: TSC's Return on Equity (7.3%) is considered low.
How is TriState Capital Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TSC's Assets to Equity ratio (14.8x) is moderate.
Allowance for Bad Loans: TSC has a sufficient allowance for bad loans (455%).
Low Risk Liabilities: 92% of TSC's liabilities are made up of primarily low risk sources of funding.
Loan Level: TSC has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: TSC's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: TSC has an appropriate level of bad loans (0.1%).
What is TriState Capital Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TSC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TSC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TSC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TSC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TSC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Getz (73 yo)
Mr. James Francis Getz, also known as Jim, Co-founded Tristate Capital Holdings, Inc. in 2007 and has been its President and Chief Executive Officer since January 01, 2013 and January 2007 respectively. Mr...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD2.99M) is above average for companies of similar size in the US market ($USD1.81M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||2.83yrs||US$1.11m||0.27% |
|VP & Director||3.33yrs||US$1.64m||1.08% |
|Managing Partner & CEO of Chartwell Investment Partners||1.75yrs||US$829.30k||0.92% |
|Chief Credit Officer||no data||no data||no data|
|Senior Vice President of Commercial Lending - New Jersey Regional Office||2.33yrs||no data||no data|
|Secretary||no data||no data||no data|
Experienced Management: TSC's management team is considered experienced (2.6 years average tenure).
|VP & Director||3.33yrs||US$1.64m||1.08% |
|Independent Director||14.83yrs||US$140.79k||0.15% |
|Vice Chairman of the Board||no data||no data||0.37% |
|Independent Director||5.08yrs||US$137.79k||0.072% |
|Independent Director||14.83yrs||US$150.79k||0.21% |
|Independent Director||3.83yrs||US$133.79k||0.057% |
|Independent Director||14.83yrs||US$147.79k||0.10% |
|Independent Director||0.83yr||no data||0.021% |
|Independent Director||no data||US$133.79k||0.28% |
|Lead Independent Director||no data||US$149.79k||0.094% |
|Independent Director||0.33yr||no data||0.026% |
Experienced Board: TSC's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TSC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TriState Capital Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: TriState Capital Holdings, Inc.
- Ticker: TSC
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$495.096m
- Shares outstanding: 29.83m
- Website: https://www.tristatecapitalbank.com
Number of Employees
- TriState Capital Holdings, Inc.
- One Oxford Centre
- Suite 2700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TSC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2013|
|3ZS||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2013|
|TSCA.P||NasdaqGS (Nasdaq Global Select)||DEP SHS 1/40 INT||US||USD||Mar 2018|
|TSCB.P||NasdaqGS (Nasdaq Global Select)||6.375 DEP PFD B||US||USD||May 2019|
TriState Capital Holdings, Inc. operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth i...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 23:56|
|End of Day Share Price||2020/11/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.