Benzinga | Jan 27, 2021 05:11PM EST

Recap: TriState Capital Holdings Q4 Earnings

Shares of TriState Capital Holdings (NASDAQ:TSC) were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 21.28% over the past year to $0.37, which beat the estimate of $0.26.

Revenue of $50,067,000 rose by 7.54% from the same period last year, which beat the estimate of $48,370,000.

Outlook

TriState Capital Holdings hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Technicals

Company's 52-week high was at $25.10

52-week low: $7.59

Price action over last quarter: Up 33.43%

Company Description

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.