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TriState Capital Declares Quarterly Dividends on Perpetual Preferred Stock

PITTSBURGH--(BUSINESS WIRE)--

The Board of Directors of TriState Capital Holdings, Inc. (TSC) declared quarterly cash dividends on the company’s outstanding non-cumulative perpetual preferred stock.

A dividend of $0.421875 per depositary share of Series A Non-Cumulative Perpetual Preferred Stock (TSCAP) is payable on January 2, 2020 to holders of record as of December 18, 2019.

A dividend of $0.3984375 per depositary share of Series B Non-Cumulative Perpetual Preferred Stock (TSCBP) is payable on January 2, 2020 to holders of record as of December 18, 2019.

ABOUT TRISTATE CAPITAL

TriState Capital Holdings, Inc. (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 $7.1 billion in assets as of September 30, 2019, 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 $9.6 billion in assets under management as of September 30, 2019, and serves institutional clients and TriState Capital’s financial intermediary network. For more information, please visit http://investors.tristatecapitalbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20191101005066/en/