DALLAS, April 15, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced that President & Chief Executive Officer Rob C. Holmes was confirmed as Chairman of the Board of Directors at the conclusion of TCBI’s 2025 Annual Meeting of Stockholders. Holmes, who has served as President & Chief Executive Officer and a Director of the Board since 2021, was unanimously elected to this position by the Board of Directors in January 2025. Bob Stallin ...

Wall Street analysts forecast that Texas Capital (TCBI) will report quarterly earnings of $0.99 per share in its upcoming release, pointing to a year-over-year increase of 59.7%. It is anticipated that revenues will amount to $287.87 million, exhibiting an increase of 12.3% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial p ...

Core Viewpoint - Investors in the Banks - Southwest sector should consider Texas Capital (TCBI) and Cullen/Frost Bankers (CFR) as potential undervalued stocks [1] Valuation Metrics - TCBI has a Zacks Rank of 2 (Buy), indicating a stronger earnings outlook compared to CFR, which has a Zacks Rank of 3 (Hold) [3] - TCBI's forward P/E ratio is 10.71, while CFR's forward P/E ratio is 12.07 [5] - TCBI has a PEG ratio of 0.72, significantly lower than CFR's PEG ratio of 4.25, suggesting better value relative to expected earnings growth [5] - TCBI's P/B ratio is 0.92, compared to CFR's P/B ratio of 1.83, indicating TCBI is undervalued in terms of market value versus book value [6] - TCBI has a Value grade of A, while CFR has a Value grade of F, highlighting TCBI's superior valuation metrics [6]

Texas Capital (TCBI) shares ended the last trading session 6.7% higher at $66.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.4% loss over the past four weeks.Texas Capital witnessed a significant rally following Trump’s announcement on April 9, 2025, of a 90-day pause on reciprocal tariffs for most trading partners, excluding China. The tariff pause reduced immediate fears of a trade war, fostering a more f ...

Group 1 - Texas Capital Bancshares, Inc. plans to release its financial results for Q1 2025 on April 17, 2025, before market opening [1] - A conference call and webcast will be held on the same day at 9:00 a.m. EDT to discuss the operating results [1] - Participants can pre-register for the call or join through an operator using a specific access code [2] Group 2 - Texas Capital Bancshares, Inc. is a member of the Russell 2000 Index and the S&P MidCap 400, and serves as the parent company of Texas Capital Bank [4] - The company offers a full range of financial services, including commercial banking, consumer banking, investment banking, and wealth management [4] - Texas Capital Bank was founded in 1998 and is headquartered in Dallas, with additional offices in Austin, Houston, San Antonio, and Fort Worth [4]

Core Viewpoint - Texas Capital Bancshares (TCBI) is currently identified as a strong value stock, supported by its favorable Zacks Rank and various valuation metrics [4][8]. Valuation Metrics - TCBI has a Forward P/E ratio of 12.61, which is lower than the industry average of 13.01. The stock's Forward P/E has fluctuated between 19.08 and 11.91 over the past year, with a median of 15.57 [4]. - The PEG ratio for TCBI stands at 0.68, compared to the industry average of 1.18. TCBI's PEG has ranged from 2.69 to 0.53 in the past year, with a median of 0.78 [5]. - TCBI's P/B ratio is 1.12, which is significantly lower than the industry average of 1.86. The P/B ratio has varied between 1.36 and 0.90 over the last 12 months, with a median of 1.11 [6]. - The P/S ratio for TCBI is 1.78, compared to the industry's average P/S of 2.07 [7]. Investment Outlook - The combination of TCBI's favorable valuation metrics suggests that it is likely undervalued in the current market, making it an attractive option for value investors [8].

Core Insights - Blue Tide, a leading North American producer of re-refined Group II+ base oils, has successfully upsized its revolving credit facility to support its expanded financial needs [1][2] - The additional funding will enhance operational efficiencies, expand production capabilities, and position the company for long-term success in the lubricants industry [2][3] Company Overview - Blue Tide is focused on developing a network of used motor oil recycling facilities across North America, utilizing advanced hydroprocessing technology to produce high-quality paraffinic Group II+ base oils at its Baytown, Texas facility [4] - The company is a portfolio company of Tailwater Capital LLC, a private equity firm based in Dallas [4][6] Financial Partnership - Texas Capital led the upsized credit facility transaction, with Origin Bank joining as a lending partner, reinforcing Blue Tide's financial strength [1][2] - The transaction highlights Blue Tide's ability to establish strong financial partnerships that align with its long-term vision [2][3]

Group 1 - The focus is on income investing through common shares, preferred shares, or bonds, with occasional insights on the broader economy or specific company situations [1] - The author has a background in history/political science and an MBA with a specialization in Finance and Economics, indicating a strong analytical foundation [1] - The author has been investing since 2000 and currently serves as the CEO of an independent living retirement community in Illinois, suggesting practical experience in both investment and management [1] Group 2 - The author holds a beneficial long position in TCBIO shares, indicating confidence in the company's future performance [2] - The article expresses the author's personal opinions and is not influenced by compensation from any company mentioned, ensuring an independent perspective [2] - There is no business relationship with any company whose stock is mentioned, reinforcing the impartiality of the analysis [2]

Core Insights - Texas Capital Bancshares, Inc. has received multiple awards from Bankrate, GOBankingRates, and Newsweek, underscoring its excellence in financial services and reinforcing its status as a leading full-service financial institution in Texas [1][8]. Awards and Recognition - Bankrate recognized Texas Capital as the Best Regional Bank for the second consecutive year, highlighting its success with main deposit accounts and competitive APYs on products like the Star Money Market, High-Yield Savings Account, and CD terms [8]. - GOBankingRates also awarded Texas Capital's Money Market Accounts as the Best Money Market Accounts for the second year in a row, noting the firm's low monthly fees and excellent APYs [8]. - Newsweek acknowledged Texas Capital for the first time as one of America's Best Regional Banks and Credit Unions, reflecting the company's strong performance and positive customer reviews [8]. Company Overview - Texas Capital Bancshares, Inc. is the parent company of Texas Capital Bank, a full-service financial services firm founded in 1998 and headquartered in Dallas, Texas [7]. - The company operates in various financial sectors, including commercial banking, consumer banking, investment banking, and wealth management, serving a diverse client base across the country [7].

Regulatory Compliance - The Company is subject to regulatory capital requirements that may change, potentially requiring an increase in capital allocation to assets held by the Bank[58]. - The FDICIA establishes a system of prompt corrective action for undercapitalized institutions, with five capital categories ranging from "well capitalized" to "critically undercapitalized"[59][62]. - A "critically undercapitalized" institution has a tangible equity to total assets ratio of 2% or less, which imposes severe restrictions on operations[62]. - The Company must comply with the Community Reinvestment Act (CRA), which requires assistance in meeting credit needs in its market areas[76]. - The CRA regulations are being modernized, with new rules likely to take effect in 2026, potentially increasing compliance challenges for the Bank[77]. - The Company has invested significant resources to comply with anti-money laundering laws and regulations, including the Bank Secrecy Act[78][79]. - The Office of Foreign Assets Control (OFAC) requires the Company to block transactions with prohibited parties, with non-compliance leading to serious consequences[80]. - Federal bank regulatory agencies have broad authority to enforce operational and managerial standards for insured depository institutions, which the Company must adhere to[82]. - The Bank's deposits are insured up to $250,000 per depositor, per account ownership category, per bank, as per FDIC regulations[89]. - As of June 30, 2020, the DIF reserve ratio fell to 1.30%, below the statutory minimum of 1.35%, prompting the FDIC to establish a restoration plan[90]. - The FDIC approved a special assessment in November 2023 to recover losses associated with bank failures, with an annual rate of approximately 13.4 basis points for eight quarterly assessment periods starting in 2024[91]. Financial Performance and Risk Management - The Company has a total interest-sensitive asset of $29,951,245, with a gap of $6,906,107 in the 0-3 months category[269]. - Total loans amount to $22,542,823, which includes gross loans held for investment and loans held for sale[270]. - The Company uses Value-at-Risk (VaR) to measure and monitor aggregate market risk, estimating potential loss at the 95th percentile based on a one-year history[266]. - The Company's interest rate sensitivity analysis indicates a positive gap in the 0-3 months category, suggesting an increase in net interest margin in a rising rate environment[268]. - The Company is subject to restrictions on extensions of credit to insiders, with aggregate limitations not exceeding total unimpaired capital and surplus[85]. - The Volcker Rule has not had a material effect on the Company's operations, but future interpretations may impact business[92]. - The Company models interest rate risk exposure with scenarios assuming immediate parallel changes of 100 and 200 basis points in interest rates as of December 31, 2023 and 2024[273]. - A 200 basis point increase in interest rates is projected to result in a 6.8% increase in annualized net interest income by December 31, 2024, and a 3.2% increase by December 31, 2023[274]. - Conversely, a 200 basis point decrease in interest rates is expected to lead to a 13.7% decrease in annualized net interest income by December 31, 2024, and a 9.1% decrease by December 31, 2023[274]. - The Company utilizes derivative transactions to manage various risks, including interest rate, prepayment, credit, price, and foreign currency fluctuations[275][277]. - Derivative contracts are designated as fair value hedges, cash flow hedges, or net investment hedges, depending on the nature of the transaction[276]. - The Company continuously evaluates interest rate scenarios as market conditions change, impacting deposit pricing and customer behavior[274]. - The impact of changes in prepayment behavior for mortgage-backed securities is incorporated into the simulation model results[274]. - The assumptions used in the interest rate risk simulations are based on historical analysis and projections of future pricing behavior[274]. - Actual results may differ from simulated results due to various factors, including timing and magnitude of interest rate changes[274]. - The Company enters into derivative transactions to support customer-related positions and manage asset/liability risk[277].