Group 1 - Texas Capital Bancshares, Inc. plans to release its financial results for Q2 2025 on July 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 via a provided 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]

Company Overview - Texas Capital Bancshares operates as the holding company for Texas Capital Bank, providing a range of financial services including commercial, consumer, and investment banking, as well as wealth management [1] Investment Opportunity - The company offers investable options through common and preferred shares, with the common shares listed on NASDAQ under the ticker TCBI and preferred shares under TCBIO [1]

Company Overview - Texas Capital (TCBI) shares increased by 5.1% to $76.05 in the last trading session, with a notable trading volume compared to its previous 0.3% loss over the past four weeks [1] - The company is expected to report quarterly earnings of $1.29 per share, reflecting a year-over-year increase of 61.3%, with revenues projected at $298.92 million, up 12% from the same quarter last year [3] Earnings and Market Sentiment - Solid job market data has led to expectations of interest rate cuts being pushed to later in the year, which is likely to benefit banks' net interest income and margin, resulting in increased investor optimism towards Texas Capital stock [2] - The consensus EPS estimate for Texas Capital has been revised slightly higher in the last 30 days, indicating a positive trend in earnings estimate revisions that typically correlates with stock price appreciation [4] Industry Context - Texas Capital is part of the Zacks Banks - Southwest industry, where Cullen/Frost Bankers (CFR) also operates, having closed 2.3% higher at $129.22 in the last trading session [4] - Cullen/Frost's consensus EPS estimate remains unchanged at $2.27, representing a 2.7% increase from the previous year, and it also holds a Zacks Rank of 3 (Hold) [5]

Core Points - Texas Capital Bancshares, Inc. announced the recipients of its 2025 Honors Awards, which total $250,000 annually to support organizations addressing community needs in Texas [1][2] - The Honors Awards aim to fund small to mid-sized nonprofit organizations through a competitive grant application process, focusing on those operating within Texas Capital's footprint [2] Award Recipients - The Art Station, a nonprofit in Fort Worth, will use its grant to hire additional art therapists and expand services to improve mental health accessibility in Tarrant County [5] - Center for Applied Science and Technology (CAST) Schools in San Antonio will bolster its drone program at CAST STEM High School and CAST Imagine Middle School with the grant [5] - ScholarShot, based in Dallas, plans to hire an additional Academic Manager to increase support for first-generation college students, raising the number of Scholars served from 160 to 200 [5] - Folds of Honor, a national nonprofit with a presence in Central Texas and Houston, will use the STAR Award to provide college scholarships for 20 Texas families, covering various educational expenses [5]

Core Insights - Texas Capital Securities, a subsidiary of Texas Capital Bancshares, is significantly expanding its Corporate and Investment Bank services, enhancing its advisory and capital markets capabilities [1][2] - The firm aims to be the primary financial services provider for business owners, executives, and public company Boards of Directors [2] Personnel Expansion - Texas Capital has made key senior hires to strengthen its investment banking and capital markets teams, including Robert Chen, Holly Smyth, Jon Merriman, Ryan Bernath, Matthew Johnson, Alex Rygiel, Deena Sullivan, and Charles Moreau, all bringing extensive industry experience [6][8] Strategic Office Expansion - The company plans to open new offices in Los Angeles and Chicago and relocate its New York City office to enhance connectivity with key financial centers [7] Vision and Market Position - Texas Capital aims to be a dominant financial services firm in Texas while expanding its relevance nationally and internationally, focusing on meeting the sophisticated needs of its clients [8]

DALLAS, April 22, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the appointment of Ranjana B. Clark to its Board of Directors, effective April 15, 2025. Clark will serve as a member of the Audit and Technology Committees. Clark has over 35 years of executive experience in the financial services and technology industries, with previous leadership roles spanning payments, marketing, strategy and business operations. Clark earned a ...

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]

Financial Performance - Net income for Q1 2025 was $47.0 million, up from $26.1 million in Q1 2024, representing an increase of 80.5%[74] - Net income available to common stockholders increased to $42.7 million in Q1 2025 from $21.8 million in Q1 2024, a growth of 95.0%[74] - Basic earnings per common share rose to $0.93 in Q1 2025, compared to $0.46 in Q1 2024, reflecting a 102.2% increase[74] Income and Expenses - Net interest income increased to $236.0 million in Q1 2025 from $215.0 million in Q1 2024, a rise of 9.8%[73] - Non-interest income for Q1 2025 was $44.4 million, compared to $41.3 million in Q1 2024, marking an increase of 7.4%[73] - Non-interest expense increased by $627,000 to $203.0 million for the three months ended March 31, 2025, primarily due to higher salaries and benefits[86] Profitability Ratios - Return on average assets (ROA) improved to 0.61% in Q1 2025 from 0.36% in Q1 2024[74] - Return on average common equity (ROE) increased to 5.56% in Q1 2025, up from 3.03% in Q1 2024[74] - The efficiency ratio improved to 72.4% in Q1 2025 from 79.0% in Q1 2024, indicating better cost management[73] Asset and Loan Growth - Total assets grew to $31.1 billion in Q1 2025, up from $29.3 billion in Q1 2024[76] - Average earning assets increased by $1.8 billion to $26.1 billion for the three months ended March 31, 2025, compared to the same period in 2024[82] - Total loans held for investment reached $22.4 billion as of March 31, 2025, an increase of $70.3 million from December 31, 2024[88] Non-Performing Assets and Credit Losses - Non-performing assets decreased to $93.6 million as of March 31, 2025, down from $111.2 million at December 31, 2024[93] - The provision for credit losses was $17.0 million for the three months ended March 31, 2025, compared to $19.0 million for the same period in 2024[95] Deposits and Borrowings - Customer deposits increased to $25.7 billion as of March 31, 2025, representing 98.5% of total deposits[99] - Interest bearing cash and cash equivalents rose to $3.6 billion as of March 31, 2025, accounting for 16.1% of total loans held for investment[99] - As of March 31, 2025, the Company has total short-term borrowings of $750 million, down from $885 million as of December 31, 2024, reflecting a decrease of approximately 15.2%[101] Capital and Shareholder Actions - The average equity capital for the Company was $3.4 billion for the three months ended March 31, 2025, compared to $3.2 billion for the same period in 2024, representing a growth of approximately 6.25%[106] - The Company authorized a share repurchase program of up to $200 million on January 22, 2025, and repurchased 396,106 shares for $31.2 million during the three months ended March 31, 2025[107] Interest Rate Sensitivity - The Company’s total interest-sensitive assets amount to $30.61 billion, while total interest-sensitive liabilities are $19.59 billion, resulting in a positive gap of $7.04 billion in the 0-3 months category[117] - The Company has unused Federal Reserve borrowings capacity of $6.49 billion as of March 31, 2025, compared to $5.44 billion as of December 31, 2024, showing an increase of approximately 19.3%[101] - The company's interest rate risk exposure model indicates a hypothetical annualized change in net interest income of +7.4% for a 200 basis point increase and -12.2% for a 200 basis point decrease as of March 31, 2025[122] Risk Management - The company conducts sensitivity analysis to assess interest rate risk exposure on net interest income, utilizing various interest rate scenarios[120] - The company uses derivative contracts to manage exposure to adverse fluctuations in primary interest rate exposures[120] - The model's assumptions are inherently uncertain, leading to potential discrepancies between simulated and actual net interest income results[122]