Texas Capital Bancshares

Texas Capital Bancshares, Inc. operates as the holding company of Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company has offices in Austin, Houston, San Antonio, and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital Bank has established commercial banking, consumer banking, investment banking and wealth management capabilities. The company was founded by George F. Jones, Jr. and Joseph M. Grant in November 1996 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Texas Capital Bancshares reports solid Q4 performance and eyes revenue growth in 2023

Texas Capital Bancshares (TCBI) showcased strong financial performance in Q4 2022, with notable increases in C&I loans, fee income, and total adjusted revenue.
Despite facing challenges such as a decline in net income and criticized loans, the company's focus on expense management and capital strength positions it well for future growth.
Opportunities lie in revenue growth expectations for 2023, a new share repurchase program, and a commitment to maintaining a solid CET1 capital ratio.

Texas Capital Bancshares (TCBI) reports strong Q1 performance and navigates challenges

Texas Capital Bancshares (TCBI) reported strong Q1 2023 performance with record investment banking income and robust capital levels, emphasizing sustainable earnings growth through client adoption and operational efficiencies.
While facing challenges with criticized loans and expense reduction targets, the company sees opportunities in stabilizing revenue growth, adjusting NII expectations, and improving interest rate sensitivity.
Navigating market conditions and slower net interest income expansion, Texas Capital Bancshares (TCBI) remains committed to maintaining strong liquidity and capital positions, confident in its ability to sustain stable revenue and earnings.
The company's strategic moves to reduce asset sensitivity, stabilize margins, and focus on long-term scalability position it for success in achieving its financial targets and maintaining profitability.

Texas Capital Bancshares reports robust Q2 earnings and growth prospects

Texas Capital Bancshares delivered a strong performance in Q2 2023, with notable revenue growth and a focus on financial resilience and client acquisition.
The company faces challenges in loan growth and DDA balances but has opportunities to enhance revenue streams through investment banking, client expansion, and operational efficiencies.
Overall, Texas Capital Bancshares remains committed to its strategic targets, confident in its progress, and poised to capitalize on opportunities for growth and market expansion.
The firm's emphasis on fee-generating businesses, digital client onboarding, and diversified financial services positions it well for continued success and value creation.

Texas Capital Bancshares excels in Q3 earnings, eyes growth opportunities

Texas Capital Bancshares reported strong financial results in Q3 2023, with notable revenue growth and improved profitability metrics, underpinned by a focus on new products and services.
The firm's robust liquidity and capital positions, along with progress in credit quality management, reflect a commitment to financial strength and resilience amidst market challenges.
Opportunities for sustained growth in investment banking, syndicated credits, and operational efficiency enhancements present avenues for future revenue diversification and value creation.
Challenges in the mortgage market and ongoing credit management efforts underscore the need for strategic adaptation and risk mitigation strategies to navigate the evolving financial landscape.

Texas Capital Bancshares excels in Q4 2023, poised for growth

Texas Capital Bancshares delivered a strong performance in Q4 2023, driven by strategic focus on balance sheet resiliency and client relationships.
While facing challenges related to deposit base composition and managing fluctuations, the firm is well-positioned for growth opportunities in investment banking and mortgage finance.
Effective execution and leveraging core competencies will be crucial for Texas Capital Bancshares to achieve return targets and navigate market dynamics.
Overall, the firm's emphasis on quality business models and market expansion sets a positive trajectory for future financial performance.

Texas Capital Bancshares excels in Q1 2024, eyes growth opportunities

TCBI's Q1 2024 performance showcased strength in client adoption, fee income growth, and business transformations.
Despite challenges in the mortgage finance industry, the bank's commitment to tailored services and strong balance sheet metrics are notable.
Opportunities in scaling platforms, modernizing private wealth services, and enhancing operational efficiency are key focus areas for future growth.
Overall, TCBI's strategic focus on long-term shareholder value and disciplined capital deployment positions it well for continued success.

Texas Capital Bancshares reports robust Q2 performance amidst growth opportunities

Texas Capital Bancshares delivered a strong performance in Q2 2024, driven by fee income growth and record investment banking and trading income.
While facing challenges in loan growth and potential expense increases, the company's strong liquidity and capital position provide a solid foundation for growth.
Opportunities lie in expanding fee income areas, enhancing client onboarding, and optimizing balance sheet funding for future success.

Texas Capital Bancshares reports record Q3 performance and strategic growth

Texas Capital Bancshares delivered exceptional financial results in Q3 2024, driven by record performance in key metrics and strong noninterest revenue growth.
The firm's focus on fee income areas, successful acquisitions, and robust balance sheet position it well for future growth and market leadership.
Challenges around loan growth expectations, technology enhancements, and strategic planning underscore the need for continued vigilance and adaptability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Texas Capital Bancshares, Inc. is a holding company, which engages in the provision of financial services and customized solutions to businesses, entrepreneurs, and individual customers. The company was founded by George F. Jones, Jr. and Joseph M. Grant in November 1996 and is headquartered in Dallas, TX.

Texas Capital (TCBI) delivered earnings and revenue surprises of -28.16% and 2.15%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Texas Capital (TCBI) Q3 Earnings Miss Estimates

Third quarter 2022 net income of $41.4 million and net income available to common  stockholders of $37.1 million , or $0.74 per diluted share

Texas Capital Bancshares, Inc. Announces Third Quarter 2022 Results

New lease executed for building located at 2000 McKinney Avenue in Dallas New lease executed for building located at 2000 McKinney Avenue in Dallas

Texas Capital Bank's Corporate Headquarters to be Named Texas Capital Center

DALLAS, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that its executive management will host a conference call and webcast to discuss third quarter 2022 operating results on Thursday, October 20, 2022, at 10:00 a.m. EDT. The related press release will be issued Wednesday, October 19, 2022, after the close of the stock market.

Texas Capital Bancshares, Inc. Announces Date for Q3 2022 Operating Results

Truist Financial

Texas Capital Bancshares Inc. TCBI, -0.94% said Tuesday it agreed to sell for $3.4 billion its 122-employee insurance premium finance unit BankDirect Capital Finance to a unit of Truist Financial Corp. TFC, -0.81% . Truist Financial's Afco Credit Corp. will acquire BankDirect Capital Finance's business operations, as well as its $3.1 billion loan portfolio.

Truist paying $3.4 bln for BankDirect Capital Finance, the insurance premium finance unit of Texas Capital Bancshares

CHARLOTTE, N.C. , Sept. 6, 2022 Truist Insurance Holdings, Inc., a subsidiary of Truist Financial Corporation (NYSE: TFC) and the sixth-largest insurance brokerage in the U.S., announced today that it has signed a definitive agreement to acquire BankDirect Capital Finance, a nationwide premium finance company, from Texas Capital Bancshares, Inc. (NASDAQ: TCBI).

Truist Insurance Holdings further enhances premium finance business with acquisition of BankDirect Capital Finance

DALLAS, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Vivek Misra has been appointed to serve as Executive Vice President, Chief Compliance Officer, effective immediately.

Texas Capital Bank Appoints Vivek Misra to Serve as Chief Compliance Officer

DALLAS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Bryan Kucholtz has been appointed to serve as Executive Vice President, Head of Private Wealth, effective immediately.

Texas Capital Bank Appoints Bryan Kucholtz as Head of Private Wealth

Higher yields on average earnings assets drive NII growth for Texas Capital (TCBI) in Q2. However, an increase in expenses and a dip in fee income pose hurdles.

Texas Capital (TCBI) Q2 Earnings Lag Estimate, Revenues Beat

Texas Capital Bancshares, Inc. (NASDAQ:TCBI ) Q2 2022 Results Conference Call July 21, 2022 11:00 AM ET Company Participants Jocelyn Kukulka - Head, IR Rob Holmes - President, CEO Matt Scurlock - CFO Conference Call Participants Brad Milsaps - Piper Sandler Brady Gailey - KBW Michael Rose - Raymond James Operator Hello, and welcome to today's TCBI Q2 2022 Earnings Conference Call. My name is Elliot, and I will be coordinating your call today.

Texas Capital Bancshares, Inc. (TCBI) CEO Rob Holmes on Q2 2022 Results - Earnings Call Transcript

Texas Capital (TCBI) delivered earnings and revenue surprises of -20.27% and 4.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Texas Capital (TCBI) Q2 Earnings Lag Estimates

Second quarter 2022 net income of $34.2 million and net income available to common stockholders of $29.8 million, or $0.59 per diluted share

Texas Capital Bancshares, Inc. Announces Second Quarter 2022 Results

Texas Capital Bancshares, Inc. is still on its way to a strategic transformation. The stock price remains in a downtrend, following its still humdrum performance.

Texas Capital Will Still Emerge From The Troughs But Investors Must Be Patient

DALLAS, July 07, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that its executive management will host a conference call and webcast to discuss second quarter 2022 operating results on Thursday, July 21, 2022, at 11:00 a.m. EDT. The related press release will be issued prior to the call at 6:00 a.m. EDT.

Texas Capital Bancshares, Inc. Announces Date for Q2 2022 Operating Results

Texas Capital's (TCBI) robust revenues, along with solid loans and deposits, will keep supporting financials. Yet, concerns related to rising expenses and unmanageable debt levels make us apprehensive.

Here's Why You Should Hold on to Texas Capital (TCBI) Stock

Texas-based financial institution announces real estate changes to accommodate growth trajectory Texas-based financial institution announces real estate changes to accommodate growth trajectory

Texas Capital Bank to Relocate Richardson Offices to Blue Cross and Blue Shield of Texas Campus

Texas Capital's (TCBI) plan to expand its product offerings and digitalize operations will likely boost financials. However, escalating operating costs are concerning.

Texas Capital's (TCBI) Strategic Plan to Aid Despite High Costs

DALLAS, May 16, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the appointment of Thomas E. Long to its Board of Directors, effective immediately. With Mr. Long's appointment, the Board will be expanded to 12 directors.

Texas Capital Bancshares, Inc. Appoints Thomas E. Long to Board of Directors

DALLAS, May 16, 2022 (GLOBE NEWSWIRE) -- WHAT: Texas Capital Bancshares, Inc. (NASDAQ: TCBI) executives will join together at the Nasdaq MarketSite in Times Square on May 17, 2022, to celebrate the launch of its affiliated broker dealer, Texas Capital Securities.

Texas Capital Bancshares, Inc. to Ring the Nasdaq Stock Market Closing Bell

Texas Capital Bancshares, Inc. (NASDAQ:TCBI ) Q1 2022 Earnings Conference Call April 21, 2022 4:30 PM ET Company Participants Jocelyn Kukulka - Head, IR Rob Holmes - President and CEO Matt Scurlock - CFO Conference Call Participants Brady Gailey - KBW Brock Vandervliet - UBS Jennifer Demba - Truist Michael Rose - Raymond James Brad Milsaps - Piper Sandler Operator Good afternoon. Thank you for attending today's TCBI Q1 2022 Earnings Call.

Texas Capital Bancshares, Inc. (TCBI) CEO Rob Holmes on Q1 2022 Results - Earnings Call Transcript

A decline in revenues, weak balance sheet position and higher expenses drag Texas Capital's (TCBI) Q1 results.

Texas Capital (TCBI) Q1 Earnings Miss, Revenues Fall Y/Y

Texas Capital (TCBI) delivered earnings and revenue surprises of -5.48% and 5.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Texas Capital (TCBI) Lags Q1 Earnings and Revenue Estimates

First quarter 2022 net income of $39.7 million, or $0.69 per diluted share

Texas Capital Bancshares, Inc. Announces First Quarter 2022 Results

DALLAS, April 06, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced today that executive management will host a conference call and webcast to discuss first quarter 2022 operating results on Wednesday, April 20, 2022, at 4:30 p.m. EDT. The related press release will be issued prior to the call at 4:00 p.m. EDT.

Texas Capital Bancshares, Inc. Announces Date for Q1 2022 Operating Results

BancFirst

Discover

Interest rates are set to go parabolic in the coming months as the Federal Reserve moves to lower inflation. In a statement on Tuesday, Fed's Lael Brainard said that the bank will also likely start quantitative tightening (QT), as it seeks to reduce its balance sheet.

News for Texas Capital Bancshares Stock (TCBI)