PITTSBURGH (AP) _ TriState Capital Holdings Inc. (TSC) on Wednesday reported third-quarter net income of $20 million.
The bank, based in Pittsburgh, said it had earnings of 44 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The holding company for TriState Capital Bank posted revenue of $73.9 million in the period. Its revenue net of interest expense was $60.9 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $61.5 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSC at https://www.zacks.com/ap/TSC
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News