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TriState Capital Holdings (TriState Capital Holdings) Effective Interest Rate on Debt % : 10.95% (As of Mar. 2022)


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What is TriState Capital Holdings Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. TriState Capital Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $55.9 Mil. TriState Capital Holdings's average total debt for the quarter that ended in Mar. 2022 was $510.6 Mil. Therefore, TriState Capital Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 10.95%.


TriState Capital Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for TriState Capital Holdings's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TriState Capital Holdings Effective Interest Rate on Debt % Chart

TriState Capital Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.93 23.34 34.59 19.74 11.16

TriState Capital Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.48 13.71 13.69 11.49 10.95

Competitive Comparison of TriState Capital Holdings's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, TriState Capital Holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TriState Capital Holdings's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TriState Capital Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where TriState Capital Holdings's Effective Interest Rate on Debt % falls into.



TriState Capital Holdings Effective Interest Rate on Debt % Calculation

TriState Capital Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -51.938/( (423.451+507.1)/ 2 )
=-1  *  -51.938/465.2755
=11.16 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=418.451 + 5
=423.451

TriState Capital Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -55.904/( (507.1+514.006)/ 2 )
=-1  *  -55.904/510.553
=10.95 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=514.006 + 0
=514.006

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


TriState Capital Holdings  (NAS:TSC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


TriState Capital Holdings Effective Interest Rate on Debt % Related Terms

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TriState Capital Holdings (TriState Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
301 Grant Street, One Oxford Centre, Suite 2700, Pittsburgh, PA, USA, 15219
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.
Executives
Michael Robert Harris director C/O TRISTATE CAPITAL HOLDINGS ONE OXFORD CENTER, 27TH FL. PITTSBURGH PA 15219
Kim Ruth director C/O TRISTATE CAPITAL HOLDINGS, INC 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Anthony J. Buzzelli director C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
David L Bonvenuto director C/O TRISTATE CAPITAL HOLDINGS, INC. 301 GRANT STREET, SUITE 2700 PITTSBURGH PA 15219
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
Timothy J Riddle officer: CEO, Chartwell Inv. Partners CHARTWELL INVESTMENT PARTNERS, L.P., 1235 WESTLAKES DR., SUITE 400, BERWYN PA 19312
David J Demas officer: Chief Financial Officer C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Brian S Fetterolf director, officer: CEO, Director TSC C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
E.h. Dewhurst director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
James F Getz director, officer: Chairman, President and CEO C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Christopher M Doody director 20 HORSENECK LANE, GREENWICH CT 06830
James J. Dolan director C/O TRISTATE CAPITAL HOLDINGS, INC., ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
James E. Minnick director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Richard B. Seidel director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219
Helen Hanna Casey director C/O TRISTATE CAPITAL HOLDINGS, INC. ONE OXFORD CENTRE, SUITE 2700 PITTSBURGH PA 15219