TSC's current price/earnings ratio is 8.1, which is higher than merely 13.33% of US stocks with positive earnings.
TSC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 96.5% of US stocks.
TriState Capital Holdings Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -15.21%, greater than the shareholder yield of merely 21.39% of stocks in our set.
Stocks that are quantitatively similar to TSC, based on their financial statements, market capitalization, and price volatility, are WTBA, MYFW, AX, FSBW, and PFIS.
Tristate Capital Holdings, Inc. operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking, and investment management services for middle-market companies, institutional clients, and high-net-worth individuals in Pittsburgh, Pennsylvania, as well as through its four additional representative offices in Cleveland, Ohio; Philadelphia, Pennsylvania; Princeton, New Jersey; and New York, New York. The company was founded in 2007 and is based in Pittsburgh, Pennsylvania.
Good morning everyone, and welcome to TriState Capital Holdings Conference Call to discuss financial results for the three months ended June 30, 2020. Before turning the call over to management, I would like to remind everyone that today's call may contain forward-looking statements related to the TriState Capital that may generally be identified as describing the Company's future plans, objectives, or goals. Such forward-looking statements are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those currently anticipated.
PITTSBURGH--(BUSINESS WIRE)--TriState Capital Holdings, Inc. (Nasdaq: TSC) reported second quarter 2020 financial results that reflect the resilience of its differentiated business model, credit quality and balance sheet strength, including the profitable growth of its investment management, private banking and commercial banking businesses. The parent company of TriState Capital Bank and Chartwell Investment Partners reported net income available to common shareholders of $8.4 million in the s