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 ...

Texas Capital Bancshares, Inc. (TCBI) stock looks like an attractive investment option now. With ongoing progress in its strategic business plan, the company is well-poised to capitalize on growth opportunities while continuing to enhance its financial stability and operational capabilities. A strong capital position is an added positive. Analysts seem optimistic regarding TCBI's earnings growth potential. The Zacks Consensus Estimate for the company's 2024 earnings has been revised 5.7% upward over the pas ...

DALLAS, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that it expects to issue financial results for the third quarter of 2024 before market on Thursday, October 17, 2024. Executive management will host a conference call and webcast to discuss third quarter 2024 operating results on Thursday, October 17, 2024, at 9:00 a.m. EDT. Participants may pre-register for the call by visiting https://www.netroadshow.com/events ...

Texas Capital Bancshares (TCBI) — the parent company of Texas Capital — rose 4% on Friday. The upside followed after TCBI announced major strides in its strategic plan that will advance the company toward achieving performance goals specified in its Sept. 1, 2021, strategic plan. These actions include an acquisition, balance sheet restructuring, and operational enhancements and are expected to generate long-term value. Texas Capital 2021 Strategic Plan at a Glance Before discussing TCBI's progress under its ...

DALLAS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc., the parent company of Texas Capital, led by President & CEO, Rob C. Holmes, today announced a series of actions that materially progresses the firm towards realization of the performance targets outlined in its strategic plan, communicated on September 1, 2021. "Three years after announcing our strategic plan, we are pleased with the tremendous progress made building a balance sheet and a business model worthy of serving the best cli ...