Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Texas Capital (TCBI) due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1] Earnings Estimates - The consensus EPS estimate for Texas Capital has been revised 1.09% lower in the last 30 days, indicating a reassessment by analysts [3] - The expected earnings per share for Texas Capital in the upcoming report is $0.87, reflecting a year-over-year decrease of 34.6% [14] Earnings Surprise Prediction - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more recent and potentially more accurate [4] - Texas Capital has an Earnings ESP of -5.28%, suggesting analysts have become bearish on the company's earnings prospects [16] - The company has beaten consensus EPS estimates three times in the last four quarters, indicating some potential for positive surprises [10] Industry Comparison - First Horizon, another player in the banking industry, has a consensus EPS estimate revised 2.1% higher, with an Earnings ESP of 1.59%, suggesting a higher likelihood of beating estimates [12] - First Horizon is expected to post earnings of $0.37 per share, indicating a year-over-year change of -5.1%, with revenues expected to be $819.82 million, down 20.5% from the previous year [21] Conclusion - Texas Capital does not appear to be a compelling earnings-beat candidate, and investors should consider other factors before making decisions regarding the stock [20]

The increase in interest rates to fight inflation has led to Texas Capital's asset yields to rise from under 3% to nearly 6% in three years. Consequently, borrowing yields have risen from under 1% to nearing 5% over the same period. While the rise in borrowing yields has been stronger, causing the net interest spread to plunge, the net interest margin has rallied over the same time and is currently sitting above pandemic levels. The net interest margin is a more important measure because it demonstrates the ...

Based in Houston, Texas, Fenn will lead a skilled team of bankers across five cities within the state, with a focus on cultivating strong client relationships and driving the company's growth. In his role, he will continue the firm's leadership in delivering to Business Banking clients best-in-class products and solutions with a strong focus on client service. Fenn will report directly to Jay Clingman, Managing Director, Head of Commercial Banking, who oversees commercial strategy and client base expansion. ...

Company Overview - Texas Capital Bancshares, Inc. is a full-service financial services firm headquartered in Dallas, with offices in Austin, Houston, San Antonio, and Fort Worth, providing customized solutions to businesses, entrepreneurs, and individual customers [5][6] - The company is a member of the Russell 2000 Index and the S&P MidCap 400, established in 1998, and has built a network of clients across the country [5] Leadership Appointment - Brett Fenn has been appointed as Managing Director, Head of Business Banking, effective immediately, leading a team across five cities in Texas [6][7] - Fenn's role will focus on cultivating strong client relationships and driving growth within the Business Banking division, reporting directly to Jay Clingman, Managing Director, Head of Commercial Banking [6][7] Experience and Background - Fenn joined Texas Capital in 2022 as a Managing Director in the Investment Bank, specializing in Interest Rate Derivatives Structuring and Marketing, providing strategic guidance on macroeconomic trends [2][10] - He has over 17 years of experience at J.P. Morgan, where he held various roles, including Executive Director of Oil & Gas Corporate Banking, advising on capital markets and investment banking transactions [8][10] - Fenn holds a Bachelor of Business Administration in finance from Baylor University and an MBA with a concentration in investments from Southern Methodist University [4]

DALLAS, June 26, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital, today announced it will open a new financial center in Southlake, Texas next month. It will be the first location of its kind for the firm, transforming its retail strategy to meet the evolving needs of the clients within the markets it serves across Texas. "At Texas Capital, our goal is to deliver high touch, personalized service while pairing it with the right products and solutions ...

Texas Capital Bancshares, Inc.'s (TCBI) increase in net interest income (NII) and steady loan growth will continue to support its financials. Given the company's strong liquidity position, its capital distribution activities seem sustainable. However, an elevated expense base and deteriorating asset quality are a major concern. Texas Capital is focused on growing organically. An elevated level of investment banking, trading income and higher NII drove revenues to witness a compound annual growth rate (CAGR) ...

Oman joins Texas Capital from PricewaterhouseCoopers (PwC) where he served as a Managing Director in the firm's financial risk practice. Prior to PwC, he led strategic execution in market risk, global markets infrastructure, credit risk review, global wealth and investment management, emerging markets risk and counterparty risk for firms in New York and London, including Bank of New York Mellon, Credit Suisse AG, Bank of America Merrill Lynch and UBS, among others. "David's extensive professional experience ...

DALLAS, May 21, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the appointment of David Oman to serve as the firm's Chief Risk Officer (CRO), effective June 10, 2024. Oman will report directly to Texas Capital's President & Chief Executive Officer Rob C. Holmes and serve as a member of the firm's Operating Committee. As previously announced, Tim Storms, Texas Capital's current CRO will retire next month and continue to serve as an ...

Portfolio Concentrations (1) March 31, 2024 includes one non-accrual loan previously reported in loans held for investment that was transferred at fair value to held for sale as of March 31, 2024. Table of Contents | --- | --- | --- | --- | --- | --- | |----------------------------|-------|------------------------|----------------------------------------------------------------------|--------------------------------------|-----------------------------------------| | (dollars in thousands) | | 2024 \nNet Cha ...

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Jocelyn Kukulka - Head of IR Rob Holmes - President and CEO Matt Scurlock - CFO Conference Call Participants Brett Rabatin - Hovde Group Ben Gerlinger - Citi Matt Olney - Stephens Woody Lay - KBW Jon Arfstrom - RBC Operator Welcome to the Texas Capital Bancshares, Inc. Q1 Conference Call. My name is Carla, and I will be coordinating your call today. [Operator Instructions] I will now ...