Texas Capital Bancshares, Inc. (TCBI) announced a new private credit strategy with the launch of the Texas Capital Direct Lending (TCDL) platform. The new platform will focus on Texas-based middle market companies and private equity sponsors, with an emphasis on senior secured floating rate term loans. TCDL will offer non-bank private capital to the middle market. TCDL will be an integral part of Texas Financing's Corporate & Investment Bank, allowing Texas Capital clients and prospects to access a broader ...

DALLAS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital, today announced that Todd Jordan has joined Texas Capital as Austin Market President and leader of Austin Middle Market Banking. In his new role, Jordan is responsible for delivering best-in-class products and solutions with a strong focus on client service, driving Texas Capital's strategy and instilling the firm's culture across Central Texas. Jordan joins Texas Capital from Bank of ...

DALLAS, July 22, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital Bank, and its board of directors declared a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the "Series B Preferred Stock"), equivalent to $0.359375 per depositary share, each representing a 1/40th interest in a share of the Series B Preferred Stock. The depositary shares are traded on the NASDAQ under the symbol "TCBIO." T ...

Texas Capital Bancshares, Inc. (TCBI) reported second-quarter 2024 earnings per share of 80 cents (excluding non-recurring items), which missed the Zacks Consensus Estimate of 87 cents. Moreover, earnings compared unfavorably with $1.33 reported in the year-ago quarter. TCBI's results benefited from an increase in non-interest income and higher loan and deposit balances. However, a decline in net interest income (NII) and an increase in expenses were the undermining factors. Net income available to common s ...

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS The Company repurchased shares of its common stock in the open market during the six months ended June 30, 2024 as follows: | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------|------------------------------------------|-------|-------------|-------------------------|-------------------------------------------------------------------------------------------------------------|-----------------------------|----------- ...

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Q2 2024 Earnings Conference Call July 18, 2024 9:00 AM ET Company Participants Jocelyn Kukulka - Head of IR Rob Holmes - President and CEO Matt Scurlock - CFO Conference Call Participants Ben Gerlinger - Citi Stephen Scouten - Piper Sandler Matt Olney - Stephens Woody Lay - KBW Jon Arfstrom - RBC Operator Good morning all. I would like to welcome you all to the Texas Capital Bancshares, Inc. Q2 2024 Earnings Call. My name is Breka, and I will be your moderator fo ...

This quarterly report represents an earnings surprise of -8.05%. A quarter ago, it was expected that this holding company for Texas Capital Bank would post earnings of $0.59 per share when it actually produced earnings of $0.62, delivering a surprise of 5.08%. What's Next for Texas Capital? It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.03 on $279.9 million in revenues for the coming quarter and $ ...

| --- | --- | |-------|-------------------------------------------------------------------------------------------| | | | | | INVESTOR CONTACT Jocelyn Kukulka, 469.399.8544 jocelyn.kukulka@texascapitalbank.com | | | MEDIA CONTACT Julia Monter, 469.399.8425 julia.monter@texascapitalbank.com | DALLAS - July 18, 2024 - Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the second quarter of 2024. Net income available to common stockholders w ...

CREDIT QUALITY SELECTED FINANCIAL HIGHLIGHTS (UNAUDITED) CONSOLIDATED BALANCE SHEET DATA | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------|-----------------|-------|-----------------|---------|-------| | Issued shares - 300,000 shares issued at June 30, 2024 and 2023 | 300,000 | | 300,000 | — | % | | Common stock, $.01 par value: | | | | | | | Authorized shares - 100,000,000 | | | | | | | Issued shares - ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Texas Capital (TCBI) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. Zacks Consensus Estimate The consensus EPS estimate for the quarter has been revised 1.09% lower over the last 30 days to the current level. This is ...