Texas Capital Bancshares(TCBI) - 2023 Q2 - Earnings Call Transcript

Yes. Look, the answer is the same. We have a very, very complex decision tree on which we determine distribution policy. Right now, a dollar investment business generates a much greater return then a -- then buying back shares even at book value for future benefit of our shareholders. If that changes, we have plenty of capital liquidity to where we could buy back. But right now, we're just so pleased with the plan and our progress that that's the best use of capital. Rob Holmes Matt Scurlock could make a ca ...