Core Viewpoint - Texas Capital Bancshares, Inc. (TCBI) reported strong fourth-quarter 2024 adjusted earnings per share (EPS) of 1.43,exceedingexpectationsandshowingsignificantimprovementfromthepreviousyear[1][2]FinancialPerformance−Forthefourthquarterof2024,adjustedEPSwas1.43, beating the Zacks Consensus Estimate of 1.07,andupfrom65centsinthesamequarterlastyear[1]−Thefull−yearadjustedEPSfor2024was4.43, surpassing the Zacks Consensus Estimate of 4.08,andupfrom3.85 in the prior year [2] - Net income available to common shareholders (GAAP basis) for the fourth quarter was 66.7million,asubstantialincreasefrom15.8 million in the prior-year quarter [3] - However, for the full year 2024, net income available to common shareholders (GAAP basis) was 60.3million,reflectinga64.9283.68 million, although it fell short of the Zacks Consensus Estimate of 284.19million[4]−Full−yearrevenuesfor2024were932.3 million, down 13.3% year over year, and also missed the Zacks Consensus Estimate of 1.11billion[4]−Netinterestincome(NII)forthefourthquarterwas229.6 million, a 6.9% increase year over year, driven by higher loan balances and lower funding costs [5] - Non-interest income surged 73.7% to 54.1million,primarilyduetoincreasedinvestmentbankingandadvisoryfees[5]−Non−interestexpensesdecreasedby14.5172.2 million, attributed to lower salaries and benefits from reduced headcount [6] Asset and Deposit Trends - As of December 31, 2024, total loans held for investment (LHI) increased nearly 1% sequentially to 22.4billion,whiletotaldepositsdecreasedby2.425.2 billion [7] Credit Quality - Total non-performing assets rose 36.6% to 111.2millioncomparedtotheprior−yearquarter[8]−Provisionforcreditlosseswas18 million, down 5.2% from the year-ago quarter, while net charge-offs decreased by 12.8% to $12.1 million [8] Capital Ratios - As of December 31, 2024, the tangible common equity to total tangible assets ratio decreased to 10% from 10.2% in the prior year [9] - The leverage ratio was 11.3%, down from 12.2% as of December 31, 2023, and the common equity tier 1 ratio was 11.4%, down from 12.6% in the previous year [10] Strategic Outlook - The company continues to execute its strategic plan aimed at enhancing top-line growth, with increasing NII and fee income expected to support future performance [11]