Aluminum producer Alcoa (AA) and financial holding company Texas Capital Bancshares (TCBI) are two stocks to watch after crushing their third quarter earnings expectations on Thursday. Further suggesting they are worthy of investors' consideration is that Alcoa and Texas Capital were able to post significant growth on their bottom lines from the comparative quarter. Alcoa's Q3 Results Zacks Rank #3 (Hold) With Aluminum prices up +20% this year to current levels of over $2,600 per "tonne", Alcoa's ability to ...

Texas Capital Bancshares, Inc. (TCBI) reported third-quarter 2024 adjusted earnings per share of $1.62, which beat the Zacks Consensus Estimate of 97 cents. Moreover, earnings compared favorably with $1.18 reported in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Shares of Texas Capital rose 2.7% following the release of its third-quarter earnings, which highlighted a record high non-interest income. In the third quarter of 2024, the company included a $179. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share TCBI Nasdaq Stock Market 5.75% Non-Cumulative Perpetual Preferred Stock Series B, par value $0.01 per share TCBIO Nasdaq Stock Market ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the quarterly period ended September 30, 2024 ☐ Transition Report pursuant to Sec ...

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Rob Holmes - President and CEO Matt Scurlock - CFO Jocelyn Kukulka - Head of IR Conference Call Participants Woody Lay - KBW Ben Gerlinger - Citi Matt Olney - Stephens Michael Rose - Raymond James Operator Good morning, all, and thank you all for attending the Texas Capital Bancshares Third Quarter 2024 Earnings Conference Call. My name is Breka, and I will be your moderator for tod ...

Q3-2024 Earnings October 17, 2024 © 2024 Texas Capital Bank Member FDIC Forward-Looking Statements 2 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, ...

Texas Capital (TCBI) reported $304.91 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 9.3%. EPS of $1.62 for the same period compares to $1.18 a year ago. The reported revenue represents a surprise of +9.04% over the Zacks Consensus Estimate of $279.64 million. With the consensus EPS estimate being $0.97, the EPS surprise was +67.01%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Texas Capital (TCBI) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 67.01%. A quarter ago, it was expected that this holding company for Texas Capital Bank would post earnings of $0.87 per share when it actually produced earnings of $0.80, delivering a surprise of -8.05%. Over the l ...

| --- | --- | |-------|------------------------------------------------------| | | | | | INVESTOR CONTACT 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 THIRD QUARTER 2024 RESULTS Record level of income in fee areas of focus (1) Quarterly strategic actions include acquisition of $332 million commercial loan portfolio and balance sheet repositioning ...

Record level of income in fee areas of focus(1) Quarterly strategic actions include acquisition of $332 million commercial loan portfolio and balance sheet repositioning of the proceeds from $1.2 billion sale of lower-yielding available-for-sale securities into higher yielding securities Book Value and Tangible Book Value(2) per share both increased 14% year over year, reaching record levels Capital ratios continue to be strong, including 11.2% CET1 and 15.2% Total Capital DALLAS, Oct. 17, 2024 (GLOBE NEWSW ...

Wall Street analysts forecast that Texas Capital (TCBI) will report quarterly earnings of $0.97 per share in its upcoming release, pointing to a year-over-year decline of 17.8%. It is anticipated that revenues will amount to $279.64 million, exhibiting an increase of 0.3% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 6.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reasse ...