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Texas Capital Bancshares Inc  (TCBI)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $58.1000 $-0.55 -0.938%
Day's High: $58.35 Week Perf: 0.07 %
Day's Low: $ 56.94 30 Day Perf: -4.75 %
Volume (M): 290 52 Wk High: $ 67.62
Volume (M$): $ 16,832 52 Wk Avg: $56.75
Open: $58.35 52 Wk Low: $42.79



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 1,329
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 169
 Cash Flow (TTM) (Millions $) -1,769
 Capital Exp. (TTM) (Millions $) 16

Texas Capital Bancshares Inc

The Bank is headquartered in Dallas, with primary banking offices in Austin, Dallas, Fort Worth, Houston and San Antonio, the five largest metropolitan areas of Texas. All of our business activities are conducted through the Bank. We have focused on organic growth, maintenance of credit quality and recruiting and retaining experienced bankers with strong personal and professional relationships in their communities.


We serve the needs of commercial businesses and successful professionals and entrepreneurs located in Texas as well as operate several lines of business serving a regional or national clientele of commercial borrowers. We are primarily a secured lender, with a majority of our loans being made to businesses headquartered or with operations in Texas. At the same time our national lines of business continue to provide specialized lending products to businesses throughout the United States. We have benefitted from the success of our business model since inception, producing strong loan growth and favorable loss experience amidst a challenging environment for banking nationally.

While the Texas market continues to be central to the growth and success of our company, we have developed several lines of business, including our mortgage finance, mortgage correspondent aggregation, homebuilder finance, insurance premium finance and lender finance lines of business, that offer specialized loan and deposit products to businesses regionally and throughout the country. We believe this helps us mitigate our geographic concentration risk in Texas.


We launched a correspondent lending program, mortgage correspondent aggregation ("MCA"), to complement our mortgage finance warehouse lending program. Through our MCA program we commit to purchase residential mortgage loans from independent correspondent lenders and deliver those loans into the secondary market via whole loan sales to independent third parties or in securitization transactions to government sponsored enterprises such as Fannie Mae, Freddie Mac and Ginnie Mae.

Drawing on the business and community ties of our management and their banking experience, our strategy is to continue building an independent bank that focuses primarily on middle market business customers and successful professionals and entrepreneurs in each of the five major metropolitan markets of Texas as well as our national lines of business. To achieve this, we seek to implement the following strategies:

Targeting middle market businesses and successful professionals and entrepreneurs;

Growing our loan and deposit base in our existing markets by hiring additional experienced bankers in our different lines of business;

Continuing our emphasis on credit policy to maintain credit quality consistent with long-term objectives;

Leveraging our existing infrastructure to support a larger volume of business;

Maintaining stringent internal approval processes for capital and operating expenditures;

Continuing our extensive use of outsourcing to provide cost-effective operational support and service levels consistent with large-bank operations; and

Extending our reach within our target markets and lines of business through service innovation and service excellence

We offer a variety of loan, deposit account and other financial products and services to our customers.
Business Customers. We offer a full range of products and services oriented to the needs of our business customers, including:

commercial loans for general corporate purposes including financing for working capital, internal growth, acquisitions and financing for business insurance premiums;

real estate term and construction loans;

mortgage finance lending;

mortgage correspondent aggregation;

equipment leasing;

treasury management services;

wealth management and trust services; and
letters of credit.

Individual Customers. We also provide complete banking services for our individual customers, including:

personal wealth management and trust services;

certificates of deposit;

interest-bearing and non-interest-bearing checking accounts with optional features such as Visa® debit/ATM cards and overdraft protection;

traditional money market and savings accounts;

loans, both secured and unsecured; and

Internet banking.

Lending Activities
We target our lending to middle market businesses and successful professionals and entrepreneurs that meet our credit standards. The credit standards are set by our standing Credit Policy Committee with the assistance of our Bank’s Chief Credit Officer, who is charged with ensuring that credit standards are met by loans in our portfolio. Our Credit Policy Committee is comprised of senior Bank officers including our Bank’s Chief Executive Officer and President, our Texas President/Chief Lending Officer, our Banks Chief Risk Officer and our Bank’s Chief Credit Officer. We believe we maintain an appropriately diversified loan portfolio. Credit policies and underwriting guidelines are tailored to address the unique risks associated with each industry represented in the portfolio.


Our credit standards for commercial borrowers reference numerous criteria with respect to the borrower, including historical and projected financial information, strength of management, acceptable collateral and associated advance rates, and market conditions and trends in the borrower’s industry. In addition, prospective loans are also analyzed based on current industry concentrations in our loan portfolio to prevent an unacceptable concentration of loans in any particular industry. We believe our credit standards are consistent with achieving business objectives in the markets we serve and will generally mitigate a portion of our risk. We believe that we differentiate our Bank from its competitors by focusing on and aggressively marketing to our core customers and fitting our products to their individual needs.


We generally extend variable rate loans in which the interest rate fluctuates with a specified reference rate such as the United States prime rate or the London Interbank Offered Rate (LIBOR) and frequently provide for a minimum floor rate. Our use of variable rate loans is designed to protect us from risks associated with interest rate fluctuations since the rates of interest earned will automatically reflect such fluctuations.



   Company Address: 2000 McKinney Avenue Dallas 75201 TX
   Company Phone Number: 932-6600   Stock Exchange / Ticker: NASDAQ TCBI
    Next quarterly dividend pay out on March 15, 2024.


Customers Net Income fell by TCBI's Customers Net Profit Margin fell to

-16.83 %

8.81 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK        0.38% 
CFG        3.94% 
FCNCA   -0.09%    
FITB        3.31% 
NTRS        1.8% 
WAL   -2.42%    
• View Complete Report
   



Dividend

Texas Capital Bank Pact: A Maximised Yield of Dividends and a Bullish Future for Shareholders

Published Mon, Jan 22 2024 11:00 PM UTC


In a determined step towards sustained shareholder returns, Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, pronounced an impressive cash dividend program. This declaration, crafted in sync with the company?s robust growth strategy, boasts of a pronounced $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferre...

Product Service News

Texas Capital Unveils Two Exceptional ETFs, Harnessing the Power of Texas's Robust Economy

Published Thu, Dec 21 2023 2:00 PM UTC

Texas Capital Bancshares Inc., a renowned financial institution headquartered in Dallas, has unveiled two new innovative exchange-traded funds (ETFs), TXSS and OILT, aimed at enabling global investors to tap into the immense potential of the Texas economy. With these new offerings, the bank seeks to provide access to the stability and resilience of the state's economic lands...

Dividend

Texas Capital Bancshares Strengthens Investor Appeal with Series B Preferred Stock Dividend Delcaration

Published Tue, Oct 24 2023 9:00 PM UTC



Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the leading parent company of Texas Capital Bank, recently announced its decision to declare a cash dividend on its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the Series B Preferred Stock). This highly-anticipated move further solidifies the institution's commitment to maximizing value for its...

Texas Capital Bancshares Inc

Texas Capital Bancshares Inc Shatters Expectations with $260.9 Million Revenue in Q3 2023

The stock market has seen its fair share of ups and downs over the years, but there is some exciting news on the horizon. Texas Capital Bancshares Inc, a prominent player in the financial industry, has recently announced some impressive financial results for the July to September 30, 2023, interval.
During this period, Texas Capital Bancshares Inc disclosed a remarkable $260.943 million in revenue. This is a clear indication that the company is thriving, as this figure represents a significant increase from previous years. In fact, net earnings for the same timeframe also experienced substantial growth, reaching $61.679 million. This marks an impressive 48.92% increase from the net earnings of $41.418 million reported in the July to September 30, 2022, financial interval.
One key aspect that Texas Capital Bancshares Inc has particularly emphasized is its improving profit margins. The company has demonstrated its ability to increase its net margin, which rose to an impressive 23.64% during the July to September 30, 2023, financial interval. Additionally, the operating margin saw a notable improvement, edging up to 31.06%. These figures indicate that the company is becoming more efficient and strategic in its operations, resulting in higher profitability.

Texas Capital Bancshares Inc

Texas Capital Bancshares Inc. Unveils Impressive Q2 Financial Standing with a Revenue of $271.001 Million in 2023 Report from Amid Fiscal Dividend, TCBI Records an Elevation in Revenue to $271.001 Million at Close of Second Quarter, 2023

Texas Capital Bancshares Inc (TCBI) has reported impressive financial results for the fiscal span ending June 30, 2023. The company achieved a revenue of $271.001 million during this period, showcasing its strong performance in generating income. Furthermore, TCBI's net profits increased by 100.97% compared to the previous fiscal year, reaching $68.651 million. This substantial growth is an indicator of the company's success in managing its operations and finances.
Notably, TCBI has also demonstrated an improvement in its profit margins. The net margin, a crucial measure of profitability, rose to 25.33% for the fiscal span ending June 30, 2023. This indicates that the company is efficiently converting its revenue into profits. Additionally, the operating margin, which measures operating income as a percentage of revenue, edged up to 32.97%. These positive margins reflect TCBI's ability to effectively control costs and maximize its operational efficiency.






 

Texas Capital Bancshares Inc's Segments
 
 
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