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Texas Capital Foundation Awards $250,000 to Texas Nonprofits
GlobeNewswire· 2025-05-14 13:00
Annual Honors Award program celebrates four organizations that are building a stronger TexasDALLAS, May 14, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the recipients of its 2025 Honors Awards. Launched in 2022, the Honors Awards are a signature initiative of the Texas Capital Foundation, awarding $250,000 in total annually to four organizations dedicated to addressing community needs across the state. “We are proud to honor fo ...
Texas Capital Announces Expansion of Corporate and Investment Banking Division
GlobeNewswire· 2025-05-07 20:05
DALLAS, May 07, 2025 (GLOBE NEWSWIRE) -- Texas Capital Securities, a subsidiary of Texas Capital Bancshares, Inc. (NASDAQ: TCBI), today announced a significant expansion of the services offered by its Corporate and Investment Bank. The additions to personnel and corresponding enhancements in capabilities build upon the firm's existing industry-focused Corporate Banking expertise, with significant impact on the breadth and reach of the Investment Bank in advisory and capital markets services. With the additi ...
Texas Capital Q1 Earnings Miss on Higher Expenses, Decline in Loans
ZACKS· 2025-04-21 15:15
Texas Capital Bancshares, Inc. (TCBI) reported first-quarter 2025 adjusted earnings per share of 92 cents, which missed the Zacks Consensus Estimate of 99 cents. However, the figure compared favorably with 62 cents in the year-ago quarter.TCBI's results were adversely impacted by a rise in expenses and a decline in the loan balance. Nonetheless, an increase in net interest income (NII), non-interest income, and higher deposit balances acted as a tailwind.Net income available to common shareholders (GAAP bas ...
Is Texas Capital Bancshares (TCBI) Stock Undervalued Right Now?
ZACKS· 2025-04-21 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...
Axxess and Texas Capital Enter Strategic Partnership to Enable Faster Payer Remittance for Care at Home Providers
Prnewswire· 2025-04-21 11:13
Product Integration to Help Speed Up Payment Reconciliation DALLAS, April 21, 2025 /PRNewswire/ -- Axxess, the leading global technology platform for healthcare at home, and Texas Capital, a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers, announced a product integration that will enable faster payment reconciliation for home health and hospice providers. The integration between Texas Capital's RevNow product and Axxess RCM optimi ...
Texas Capital Bancshares(TCBI) - 2025 Q1 - Quarterly Report
2025-04-17 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended March 31, 2025 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the transition period from to Commission file number 001-34657 TEXAS CAPITAL BANCSHARES, INC. (Exact Name of Registrant as Specified in Its Charter) 2000 McKinney Avenue Suite 700 Dallas TX USA 752 ...
Texas Capital Bancshares(TCBI) - 2025 Q1 - Earnings Call Transcript
2025-04-17 15:45
Financial Data and Key Metrics Changes - Year-over-year revenue growth of 9% with total revenue increasing by $24.1 million [6][13] - Adjusted pre-provision net revenue growth of 21% to $77.5 million [14] - Tangible book value per share grew by 11%, reaching a record high [6] - Net income at common increased by 44% year-over-year to $42.7 million [15] - Quarterly earnings per share rose by 48% compared to the previous year [15] Business Line Data and Key Metrics Changes - Treasury product fees increased by 22% year-over-year, marking a record high [8] - Noninterest-bearing deposits grew by 7%, the largest quarterly increase since 2021 [8] - Average commercial loan balances increased by 4% or $401 million during the quarter [17] - Real estate loans increased by $208 million, remaining flat compared to Q1 2024 [17] - Average mortgage finance loans decreased by 27% linked quarter to $4 billion [17] Market Data and Key Metrics Changes - Client interest-bearing deposit balances increased by approximately $2.9 billion or 19% year-over-year [19] - Non-interest-bearing deposits excluding mortgage finance increased by $250 million or 7% linked quarter [18] - The firm's allowance for credit loss increased by $7 million linked quarter to $332 million [21] Company Strategy and Development Direction - The company aims to be the primary operating bank for clients, focusing on client relevance through breadth of services and quality of advice [7][9] - The firm is strategically positioned to operate through various market cycles, maintaining high capital levels and liquidity [11][12] - The company is focused on enhancing its mortgage finance product offerings and improving client relationships [60][64] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering risk-adjusted returns despite macroeconomic uncertainties [9][10] - The firm is preparing for potential impacts from recent tariff actions and market volatility [10][23] - The outlook for revenue growth has been raised to low double digits percent growth for the full year [26] Other Important Information - The company repurchased approximately 396,000 shares for a total of $31 million [26] - The total regulatory capital remained strong at 11.63%, a 25 basis point increase from the prior quarter [24] Q&A Session Summary Question: What is driving the higher revenue guidance? - Management indicated that the higher revenue guidance is driven by net interest income growth and expected loan growth [30][31] Question: How is the loan pipeline shaping up for the second quarter? - The loan pipeline remains strong, with ongoing client acquisition trends supporting loan growth despite some risks [36] Question: What is the outlook for mortgage finance? - The mortgage finance business is competitive, with expectations for a 10% increase in average balances for the full year [60][61] Question: What are the impacts of tariffs on specific sectors? - Management highlighted infrastructure, transportation, logistics, and general manufacturing as sectors of concern due to tariffs [91] Question: What is the expected impact of hedging on net interest income? - The firm expects to manage balance sheet duration effectively and has added forward starting swaps to mitigate falling rates [120] Question: How does the company view its capital position? - The company aims to maintain a strong capital position, viewing it as a competitive advantage [186]
Texas Capital (TCBI) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-04-17 14:35
For the quarter ended March 2025, Texas Capital (TCBI) reported revenue of $280.48 million, up 9.4% over the same period last year. EPS came in at $0.92, compared to $0.62 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $287.87 million, representing a surprise of -2.57%. The company delivered an EPS surprise of -7.07%, with the consensus EPS estimate being $0.99.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...
Texas Capital Bancshares(TCBI) - 2025 Q1 - Earnings Call Presentation
2025-04-17 13:25
Forward-Looking Statements This communication contains "forward-looking statements" within the meaning of and pursuant to the Private Securities Litigation Reform Act of 1995 regarding, among other things, TCBI's financial condition, results of operations, business plans and future performance. These statements are not historical in nature and may often be identified by the use of words such as "believes," "projects," "expects," "may," "estimates," "should," "plans," "targets," "intends" "could," "would," " ...
Texas Capital (TCBI) Misses Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-17 12:10
Texas Capital (TCBI) came out with quarterly earnings of $0.92 per share, missing the Zacks Consensus Estimate of $0.99 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.07%. A quarter ago, it was expected that this holding company for Texas Capital Bank would post earnings of $1.07 per share when it actually produced earnings of $1.43, delivering a surprise of 33.64%.Over the las ...