The increase in interest rates to fight inflation has led to Texas Capital's asset yields to rise from under 3% to nearly 6% in three years. Consequently, borrowing yields have risen from under 1% to nearing 5% over the same period. While the rise in borrowing yields has been stronger, causing the net interest spread to plunge, the net interest margin has rallied over the same time and is currently sitting above pandemic levels. The net interest margin is a more important measure because it demonstrates the ...

Based in Houston, Texas, Fenn will lead a skilled team of bankers across five cities within the state, with a focus on cultivating strong client relationships and driving the company's growth. In his role, he will continue the firm's leadership in delivering to Business Banking clients best-in-class products and solutions with a strong focus on client service. Fenn will report directly to Jay Clingman, Managing Director, Head of Commercial Banking, who oversees commercial strategy and client base expansion. ...

Based in Houston, Texas, Fenn will lead a skilled team of bankers across five cities within the state, with a focus on cultivating strong client relationships and driving the company's growth. In his role, he will continue the firm's leadership in delivering to Business Banking clients best-in-class products and solutions with a strong focus on client service. Fenn will report directly to Jay Clingman, Managing Director, Head of Commercial Banking, who oversees commercial strategy and client base expansion. ...

DALLAS, June 26, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital, today announced it will open a new financial center in Southlake, Texas next month. It will be the first location of its kind for the firm, transforming its retail strategy to meet the evolving needs of the clients within the markets it serves across Texas. "At Texas Capital, our goal is to deliver high touch, personalized service while pairing it with the right products and solutions ...

Texas Capital Bancshares, Inc.'s (TCBI) increase in net interest income (NII) and steady loan growth will continue to support its financials. Given the company's strong liquidity position, its capital distribution activities seem sustainable. However, an elevated expense base and deteriorating asset quality are a major concern. Texas Capital is focused on growing organically. An elevated level of investment banking, trading income and higher NII drove revenues to witness a compound annual growth rate (CAGR) ...

Oman joins Texas Capital from PricewaterhouseCoopers (PwC) where he served as a Managing Director in the firm's financial risk practice. Prior to PwC, he led strategic execution in market risk, global markets infrastructure, credit risk review, global wealth and investment management, emerging markets risk and counterparty risk for firms in New York and London, including Bank of New York Mellon, Credit Suisse AG, Bank of America Merrill Lynch and UBS, among others. "David's extensive professional experience ...

DALLAS, May 21, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the appointment of David Oman to serve as the firm's Chief Risk Officer (CRO), effective June 10, 2024. Oman will report directly to Texas Capital's President & Chief Executive Officer Rob C. Holmes and serve as a member of the firm's Operating Committee. As previously announced, Tim Storms, Texas Capital's current CRO will retire next month and continue to serve as an ...

Portfolio Concentrations (1) March 31, 2024 includes one non-accrual loan previously reported in loans held for investment that was transferred at fair value to held for sale as of March 31, 2024. Table of Contents | --- | --- | --- | --- | --- | --- | |----------------------------|-------|------------------------|----------------------------------------------------------------------|--------------------------------------|-----------------------------------------| | (dollars in thousands) | | 2024 \nNet Cha ...

Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Q1 2024 Earnings Conference Call April 18, 2024 9:00 AM ET Company Participants Jocelyn Kukulka - Head of IR Rob Holmes - President and CEO Matt Scurlock - CFO Conference Call Participants Brett Rabatin - Hovde Group Ben Gerlinger - Citi Matt Olney - Stephens Woody Lay - KBW Jon Arfstrom - RBC Operator Welcome to the Texas Capital Bancshares, Inc. Q1 Conference Call. My name is Carla, and I will be coordinating your call today. [Operator Instructions] I will now ...

Exhibit 99.1 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 FIRST QUARTER 2024 RESULTS First quarter 2024 net income of $26.1 million and net income available to common stockholders of $21.8 million, or $0.46 per diluted share First quarter 2024 growth in loans held for investment of 2.4% and in total deposits of 7.1% Capital ratios continue to be strong, i ...