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 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 ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Texas Capital Bancshares (TCBI) as a strong value stock based on various valuation metrics [2][4][8] Valuation Metrics - TCBI has a Zacks Rank of 2 (Buy) and an A for Value, indicating strong potential for value investors [4] - The Forward P/E ratio for TCBI is 11.12, which is lower than the industry average of 11.90, suggesting it may be undervalued [4] - TCBI's PEG ratio stands at 0.75, compared to the industry's average of 1.12, indicating favorable growth expectations relative to its price [5] - The P/B ratio for TCBI is 0.99, significantly lower than the industry average of 1.70, further supporting its undervaluation [6] - TCBI's P/S ratio is 1.56, which is also lower than the industry's average of 1.93, reinforcing the notion of it being a strong value stock [7] Overall Assessment - The combination of TCBI's strong valuation metrics and positive earnings outlook positions it as an attractive investment opportunity for value investors [8]

Core Insights - Axxess and Texas Capital have announced a product integration aimed at speeding up payment reconciliation for home health and hospice providers, enhancing operational efficiency through automation [1][2][3] Company Overview - Axxess is a leading global technology platform for healthcare at home, serving over 9,000 organizations and more than 7 million patients worldwide, recognized for its secure and compliant software solutions [4] - Texas Capital Bancshares, Inc. is a full-service financial services firm that provides customized solutions across various sectors, including commercial and consumer banking, investment banking, and wealth management [5] Product Integration Details - The integration combines Texas Capital's RevNow product with Axxess RCM, allowing providers to automate payment matching, reducing the reconciliation time from weeks to just 24 hours [2][3] - RevNow processed 115 million claims nationwide in 2024, showcasing its significant impact in the healthcare space [3] Value Proposition - The partnership is expected to save providers substantial time and costs by streamlining operations through automation and artificial intelligence, allowing them to focus on core business activities [2][3]

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 ...

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]

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 ...

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) 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 ...

Exhibit 99.1 Jocelyn Kukulka, 469.399.8544 jocelyn.kukulka@texascapitalbank.com MEDIA CONTACT Julia Monter, 469.399.8425 julia.monter@texascapitalbank.com TEXAS CAPITAL BANCSHARES, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS First quarter 2025 net income of $47.0 million and net income available to common stockholders of $42.7 million, or $0.92 per diluted share Strong balance sheet growth with total deposits increasing 9% and total loans growing 7% year-over-year Book Value and Tangible Book Value per share ...