Fortune named TriState Capital Holdings, Inc. (NASDAQ: TSC) to its annual
100 Fastest-Growing Companies list, citing the financial services company’s 33%
growth in earnings per share, 20% growth in revenue and 21% total return on a
three-year annualized basis.
The parent company of TriState Capital Bank and Chartwell Investment
Partners’ three-year EPS growth rate ranked seventh among the 17 U.S. commercial
banks on Fortune’s Fastest-Growing Companies list. Overall, Fortune
ranked TriState Capital 11th among U.S. commercial banks and 90th
among all 100 Fastest-Growing
Companies listed on major U.S. stock exchanges.
The financial services company’s performance reflects strong
contributions from its regional middle-market commercial banking, national
private banking, and national investment management businesses, enabling the
company to achieve annual average organic loan growth of 20% since June 2014
and expand non-interest income from about 8% of revenue three years ago to 34%
for the most recent quarter.
“As an organization with a relationship-driven sales culture and a strong
commitment to delivering meaningful and sustainable earnings growth for its
shareholders, we are very proud that our top- and bottom-line performance
earned us a place on Fortune’s Fastest-Growing Companies ranking just four
years after TriState Capital’s initial public offering,” Chairman and Chief
Executive Officer James F. Getz said.
Fortune ranks its 100 Fastest-Growing Companies list by “revenue growth
rate, EPS growth rate, and three-year annualized total return for the period
ended June 30, 2017. (To compute the revenue and EPS growth rates, Fortune uses
a trailing-four-quarters log linear least square regression fit.)” More information on the ranking and
methodology is available in the September 15, 2017 issue of Fortune and at http://fortune.com/100-fastest-growing-companies.
ABOUT TRISTATE CAPITAL
TriState Capital Holdings, Inc. (NASDAQ: TSC) is a bank holding company
headquartered in Pittsburgh, Pa., providing commercial banking, private banking
and investment management services to middle-market companies, institutional
clients and high-net-worth individuals. Its TriState Capital Bank subsidiary
had $4.2 billion in assets, as of June 30, 2017, and serves middle-market
commercial customers through regional representative offices in Pittsburgh,
Philadelphia, Cleveland, Edison, N.J., and New York City, as well as high-net-worth
individuals nationwide through its national referral network of financial
intermediaries. Its Chartwell Investment Partners subsidiary had $8.0 billion
in assets under management, as of June 30, 2017, and serves as the advisor to
The Berwyn Funds and Chartwell Mutual Funds. For more information, please visit
and Kate Croft