TriState Capital Holdings, Inc. (NASDAQ:TSC) is reporting third quarter earnings results on Wednesday 21st October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.21 per share from $ 46.81 million in revenue.
For the full year, analysts predict revenues of $ 189.08 million, while looking forward to income of $ 1.06 per share.
Previous Quarter Performance
TriState Capital Holdings, Inc. communicated income for the second quarter of $ 0.30 per share, from the revenue of $ 46.48 million. The quarterly earnings declined 36.17 percent while revenues extended 7.39 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.21 per share from $ 48.26 million in revenue. The bottom line results beat street analysts by $ 0.09 or 42.86 percent, at the same time, top line results fell short of analysts by $ 1.78 million or 3.69 percent.
Stock Performance
Shares of TriState Capital Holdings, Inc. traded low $ -0.03 or -0.22 percent on Tuesday, reaching $ 13.52 with volume of 86.70 thousand shares. TriState Capital Holdings, Inc. has traded high as $ 13.86 and has cracked $ 13.45 on the downward trend
The closing price of $ 13.52, representing a 78.52 % increase from the 52 week low of $ 7.59 and a 48.73 % decrease over the 52 week high of $ 26.43.
The company has a market capital of $ 403.28 million and is part of the Financial Services sector and Banks – Regional – US industry.
Conference Call
TriState Capital Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tristatecapitalbank.com
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. It operates in two segments, Bank and Investment Management.
