Private Banking Growth TriState Capital Bank is expanding its private banking team with multiple senior VP hires focused on relationship management, signaling a push to deepen wealthy client relationships and cross-sell private banking products and investment services.

Equipment Finance Momentum The bank’s Monitor 101+ recognition and leadership in equipment finance indicate a strong growth engine in this vertical, presenting opportunities to upsell leasing solutions to mid-market clients and expand cross-sell into adjacent lending products.

Regional Footprint With representative offices in major northeastern markets near Philadelphia, Cleveland, Edison, and New York, there is potential to target mid-market businesses seeking local relationship banks with national private banking capabilities.

Asset Growth Signals A 59.1% year-over-year asset growth in 2023 and recognition on industry lists suggest healthy balance sheet expansion, creating upsell opportunities for cash management, treasury services, and scalable credit solutions to growing firms.

Talent Movement Recent leadership and private banking hires, including vice presidents and relationship managers, indicate a focus on strengthening advisory services and wealth management capabilities to win higher-net-worth clients and referrals.