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TriState Capital Holdings (TriState Capital Holdings) Asset Turnover : 0.01 (As of Mar. 2022)


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What is TriState Capital Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. TriState Capital Holdings's Revenue for the three months ended in Mar. 2022 was $68.7 Mil. TriState Capital Holdings's Total Assets for the quarter that ended in Mar. 2022 was $13,341.3 Mil. Therefore, TriState Capital Holdings's Asset Turnover for the quarter that ended in Mar. 2022 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. TriState Capital Holdings's annualized ROE % for the quarter that ended in Mar. 2022 was 10.34%. It is also linked to ROA % through Du Pont Formula. TriState Capital Holdings's annualized ROA % for the quarter that ended in Mar. 2022 was 0.65%.


TriState Capital Holdings Asset Turnover Historical Data

The historical data trend for TriState Capital Holdings's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TriState Capital Holdings Asset Turnover Chart

TriState Capital Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.02 0.02

TriState Capital Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of TriState Capital Holdings's Asset Turnover

For the Banks - Regional subindustry, TriState Capital Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriState Capital Holdings's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TriState Capital Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where TriState Capital Holdings's Asset Turnover falls into.



TriState Capital Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

TriState Capital Holdings's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=238.005/( (9896.816+13004.852)/ 2 )
=238.005/11450.834
=0.02

TriState Capital Holdings's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=68.698/( (13004.852+13677.667)/ 2 )
=68.698/13341.2595
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


TriState Capital Holdings  (NAS:TSC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

TriState Capital Holdings's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=86.564/837.43
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(86.564 / 274.792)*(274.792 / 13341.2595)*(13341.2595/ 837.43)
=Net Margin %*Asset Turnover*Equity Multiplier
=31.5 %*0.0206*15.9312
=ROA %*Equity Multiplier
=0.65 %*15.9312
=10.34 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

TriState Capital Holdings's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=86.564/13341.2595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(86.564 / 274.792)*(274.792 / 13341.2595)
=Net Margin %*Asset Turnover
=31.5 %*0.0206
=0.65 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) net income data. The Revenue data used here is four times the quarterly (Mar. 2022) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


TriState Capital Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of TriState Capital Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


TriState Capital Holdings (TriState Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
301 Grant Street, One Oxford Centre, Suite 2700, Pittsburgh, PA, USA, 15219
TriState Capital Holdings Inc provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the United States. The company operates in two segments, Bank and Investment Management. Its Investment Management segment provides advisory and sub-advisory investment management services primarily to institutional investors, mutual funds and individual investors. The company generates maximum revenue from the Bank segment.
Executives
Michael Robert Harris director C/O TRISTATE CAPITAL HOLDINGS ONE OXFORD CENTER, 27TH FL. PITTSBURGH PA 15219
Kim Ruth director C/O TRISTATE CAPITAL HOLDINGS, INC 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Anthony J. Buzzelli director C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
David L Bonvenuto director C/O TRISTATE CAPITAL HOLDINGS, INC. 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
Timothy J Riddle officer: CEO, Chartwell Inv. Partners CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DR., SUITE 400, BERWYN PA 19312
David J Demas officer: Chief Financial Officer C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Brian S Fetterolf director, officer: CEO, Director TSC C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
E.h. Dewhurst director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
James F Getz director, officer: Chairman, President and CEO C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Christopher M Doody director 20 HORSENECK LANE, GREENWICH CT 06830
James J. Dolan director C/O TRISTATE CAPITAL HOLDINGS, INC., ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
James E. Minnick director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Richard B. Seidel director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Helen Hanna Casey director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219

TriState Capital Holdings (TriState Capital Holdings) Headlines

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