CoverageForm 410-K10-Q8-K13D13G13F

TSC · Tristate Capital Holdings, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Income Statement

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Revenue------
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$3.00M$2.30M$1.60M$1.50M$1.50M$1.30M
Operating Income$52.65M$52.65M$68.66M$60.37M$47.47M$41.69M
Interest Expense$51.94M$79.15M$135.39M$86.38M$42.94M$23.50M
Income Tax$12.64M$7.41M$8.46M$5.95M$9.48M$13.05M
Net Income$78.06M$45.23M$60.19M$54.42M$37.99M$28.64M
EPS - Basic$1.77$1.32$1.95$1.90$1.38$1.04
EPS - Diluted$1.71$1.30$1.89$1.81$1.32$1.01

Balance Sheet

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Cash & Equivalents$452.02M$156.15M$403.86M$189.99M$156.15M$103.99M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$13.00B$9.90B$7.77B$6.04B$4.78B$3.93B
Current Liabilities------
Long-term Debt------
Total Liabilities$12.17B$9.14B$7.14B$5.56B$4.39B$3.58B
Stockholders' Equity$836.72M$757.14M$621.28M$479.35M$389.07M$351.81M
Retained Earnings$319.77M$254.05M$218.45M$164.01M$111.73M$73.74M

Cash Flow

Line itemFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Operating Cash Flow$105.75M$85.41M$68.19M$82.70M$38.21M$30.11M
Investing Cash Flow($3.17B)($2.04B)($1.46B)($1.21B)($776.07M)($596.08M)
Financing Cash Flow$3.08B$1.99B$1.60B$1.16B$790.02M$573.28M
CapEx$10.44M$5.07M$6.08M$1.78M$929.0K$2.94M
Free Cash Flow$95.31M$80.34M$62.11M$80.92M$37.28M$27.17M

Ratios

MetricFY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income1.221.781.031.490.980.95
R&D / Revenue------
SG&A / Revenue------
Effective tax rate13.9%14.1%12.3%9.8%20.0%31.3%
Return on assets0.6%0.5%0.8%0.9%0.8%0.7%
Return on equity9.3%6.0%9.7%11.4%9.8%8.1%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage1.0x0.7x0.5x0.7x1.1x1.8x
Equity multiplier15.5413.0712.5012.5912.2811.17
Liabilities / Assets0.940.920.920.920.920.91
Efficiency
Asset turnover------
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B------
P / S------
EV / EBITDA------
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)0.0%-23.3%13.7%27.2%13.9%24.9%
Net income growth (YoY)72.6%-24.9%10.6%43.3%32.6%27.4%
EPS growth (YoY)31.5%-31.2%4.4%37.1%30.7%26.2%
EPS CAGR (3y)-1.9%-0.5%23.2%31.3%33.9%29.0%
EPS CAGR (5y)11.1%10.2%28.0%31.0%--
FCF growth (YoY)18.6%29.3%-23.2%117.0%37.2%-11.4%
FCF CAGR (5y)28.5%21.3%17.8%36.4%--
Book value growth (YoY)10.5%21.9%29.6%23.2%10.6%7.9%

Stability scores

Piotroski F-score

FY 2021 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: State Commercial Banks

CompanyRevenue (last FY)Net marginROE
ASB--9.5%
CZNC$5.98M392.0%6.9%
SBSI--8.2%
CBSH--14.9%
BUSE$719.58M18.8%5.5%

Comparing TriState Capital Holdings against the 5 most active filers in the same SIC group.