Texas Capital (TCBI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Texas Capital (TCBI) reported a revenue of $283.68 million for the quarter ended December 2024, reflecting a year-over-year increase of 15.4% [1] - The earnings per share (EPS) for the quarter was $1.43, significantly higher than the $0.65 reported in the same quarter last year, indicating a strong performance [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $284.19 million, resulting in a revenue surprise of -0.18%, while the EPS exceeded expectations by 33.64% [1] Financial Performance Metrics - Efficiency Ratio stood at 60.7%, outperforming the average estimate of 68.2% based on five analysts [4] - Net interest margin was reported at 2.9%, lower than the average estimate of 3.1% from five analysts [4] - Total earning assets averaged $31.03 billion, surpassing the four-analyst average estimate of $29.78 billion [4] - Net charge-offs to average total loans held for investment for the last 12 months were 0.2%, better than the 0.3% average estimate from four analysts [4] - Total non-performing assets amounted to $111.17 million, exceeding the average estimate of $96.12 million from three analysts [4] - Non-accrual loans held for investment were also reported at $111.17 million, compared to the average estimate of $96.12 million from three analysts [4] - Total Non-Interest Income was $54.07 million, higher than the average estimate of $48.79 million from five analysts [4] - Net Interest Income was reported at $229.61 million, slightly below the average estimate of $233.97 million from five analysts [4] - Net Interest Income (FTE) was $229.82 million, compared to the four-analyst average estimate of $232.53 million [4] - Other Non-Interest Income was $8.33 million, lower than the three-analyst average estimate of $9.25 million [4] - Wealth management and trust fee income was $4.01 million, below the three-analyst average estimate of $4.30 million [4] - Service charges on deposit accounts reached $6.99 million, exceeding the three-analyst average estimate of $6.56 million [4] Stock Performance - Texas Capital shares have returned +2.9% over the past month, slightly outperforming the Zacks S&P 500 composite's +2.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]