TriState Capital Holdings Inc (TSC) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 24, 2020
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TriState Capital Holdings Inc (TSC, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. TriState Capital Holdings Inc is a bank holding company. The company through its subsidiaries provides banking products and services serving the middle-market businesses in markets throughout the states of Pennsylvania, Ohio, New Jersey and New York. TriState Capital Holdings Inc has a market cap of $706.340 million; its shares were traded at around $22.05 with a P/E ratio of 11.66 and P/S ratio of 3.64. GuruFocus has detected 2 severe warning signs with TriState Capital Holdings Inc. .

For the last quarter TriState Capital Holdings Inc reported a revenue of $46.6 million, compared with the revenue of $41.11 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $179.8 million, an increase of 11.5% from last year. For the complete 30-year financial data, please go here.. For the last five years TriState Capital Holdings Inc had an average revenue growth rate of 13.8% a year.

The reported diluted earnings per share was $1.89 for the year, an increase of 4.4% from previous year. Over the last five years TriState Capital Holdings Inc had an EPS growth rate of 28.9% a year. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, TriState Capital Holdings Inc has the cash and cash equivalents of $403.9 million, compared with $184.0 million in the previous year. The long term debt was $355.0 million, compared with $399.9 million in the previous year. TriState Capital Holdings Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $22.05, TriState Capital Holdings Inc is traded at 12.4% discount to its historical median P/S valuation band of $25.16. The P/S ratio of the stock is 3.64, while the historical median P/S ratio is 4.15. The stock lost 0.44% during the past 12 months.

CFO Recent Trades:

  • CFO David J Demas bought 1,000 shares of TSC stock on 02/11/2020 at the average price of $22.45. The price of the stock has decreased by 1.78% since.

Directors and Officers Recent Trades:

  • Director James E. Minnick sold 2,678,049 shares of TSC stock on 02/05/2020 at the average price of $22.35. The price of the stock has decreased by 1.34% since.

For the complete 20-year historical financial data of TSC, click here.