TriState Capital Bank (“TriState”) (“the bank”) is a Pennsylvania state-chartered subsidiary of Raymond James Financial, Inc. (NYSE: RJF) (via an intermediary subsidiary, TriState Capital Holding Company, LLC), operating independently of Raymond James Bank. TriState provides middle market commercial banking services, treasury management and deposit services on a national scale, and is a peer leader in the private banking sector. Headquartered in Pittsburgh, TriState has no retail operations, with four bank representative offices in Philadelphia, Cleveland, Edison, NJ, and NYC.
The bank’s largest lending segment remains private banking, which is primarily comprised of loans secured with marketable securities and other liquid financial collateral, sourced through a national distribution network of over 400 financial intermediaries. TriState has reported strong growth within its private banking loan portfolio, up 6% through 1H25, comprising over 60% of…
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