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Texas Capital Bancshares, Inc. - TCBI STOCK NEWS

Welcome to our dedicated page for Texas Capital Bancshares news (Ticker: TCBI), a resource for investors and traders seeking the latest updates and insights on Texas Capital Bancshares stock.

Texas Capital Bancshares, Inc. (NASDAQ: TCBI), headquartered in Dallas, Texas, is a prominent commercial bank known for delivering highly personalized financial services to businesses and entrepreneurs. As a wholly-owned subsidiary of Texas Capital Bank, the company extends its expert services across Texas and throughout the United States. Recognized by Forbes as one of America's Best Banks, Texas Capital Bank prides itself on its client-centric approach and streamlined decision-making processes, making it the best business bank in Texas.

Founded in 1998, Texas Capital offers a comprehensive suite of financial solutions including commercial banking, consumer banking, investment banking, and wealth management. Its operations span key Texas metropolitan areas such as Austin, Dallas, Fort Worth, Houston, and San Antonio. The bank's national lines of business further provide specialized lending products to businesses nationwide, primarily focusing on secured lending with a majority of loans held for investment.

Texas Capital Bancshares has recently been involved in several noteworthy projects and partnerships. These include collaborations with organizations like the Presbyterian Night Shelter to combat homelessness and the launch of innovative financial products such as the Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS). This new ETF aims to track the performance of small-cap companies headquartered in Texas, reflecting the state’s diverse economy and solidifying Texas Capital's role in supporting local businesses.

Financially, Texas Capital continues to demonstrate robust performance, as evidenced by their latest quarterly reports and forward-looking statements. The bank's ability to handle complex deals while maintaining close personal relationships with clients underscores their commitment to service excellence.

For more detailed information and the latest updates on Texas Capital Bancshares, visit their investor website or contact their representatives directly.

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Texas Capital Bancshares, Inc. announces a quarterly dividend for its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, at $14.375 per share, payable on June 17, 2024. The dividend amounts to $0.359375 per depositary share, with the record date set for June 3, 2024.
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Texas Capital Bancshares, Inc. reported a net income of $26.1 million and net income available to common stockholders of $21.8 million in the first quarter of 2024. The company saw growth in loans held for investment by 2.4% and total deposits by 7.1%. Capital ratios remained strong with 12.4% CET1 and 16.6% Total Capital. The first quarter included legal settlement expenses, FDIC special assessment expenses, and restructuring expenses. Despite challenges, the company's President and CEO, Rob C. Holmes, expressed confidence in the firm's growth and value creation.
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Texas Capital ETF & Funds Management executives celebrate the launch of TXSS ETF at Nasdaq MarketSite. The ETF tracks Texas small-cap companies, reflecting key sectors like industrials, energy, and healthcare.
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Texas Capital Bancshares, Inc. (NASDAQ: TCBI) to release first quarter 2024 financial results on April 18, 2024, with a conference call and webcast scheduled for the same day.
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Texas Capital, Trinity Habitat for Humanity, and HistoryMaker Homes collaborate to rebuild the home of Dr. Opal Lee, the 'Grandmother of Juneteenth', in Fort Worth. The Wall Raising Ceremony is scheduled for March 21, 2024, showcasing the community's support and dedication to Dr. Lee's legacy.
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Texas Capital Bancshares, Inc. (NASDAQ: TCBI) has been named one of America's Greatest Workplaces for Diversity for 2024 by Newsweek. The recognition follows other recent awards for banking services, showcasing the firm's commitment to valuing individuals from different backgrounds.
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Texas Capital Bancshares, Inc. declares a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, equivalent to $0.359375 per depositary share. The dividend is payable on March 15, 2024, to holders of record at the close of business on March 1, 2024.
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Texas Capital Bancshares, Inc. (NASDAQ: TCBI) reported a net income of $20.2 million and net income available to common stockholders of $15.8 million, or $0.33 per diluted share for the fourth quarter of 2023. The company's book value and tangible book value per share both increased by 6.1%, reaching record levels after the repurchase of $44.8 million in shares. The capital ratios remain strong, with a 12.6% CET1 and 17.1% Total Capital. However, the fourth quarter of 2023 included Federal Deposit Insurance Corporation special assessment expense of $19.9 million. The company's President and CEO, Rob C. Holmes, emphasized the firm's strategic plan execution, client adoption, and significant structural improvements in the operating model.
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Texas Capital Bancshares, Inc. (NASDAQ: TCBI) to Release Full Year and Fourth Quarter 2023 Financial Results on January 18, 2024
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Texas Capital Bancshares, Inc. (NASDAQ: TCBI) launches the Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS) and the Texas Capital Texas Oil Index ETF (NYSE Arca: OILT) to enable global investors to invest in the strength of the Texas economy.
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FAQ

What is the current stock price of Texas Capital Bancshares (TCBI)?

The current stock price of Texas Capital Bancshares (TCBI) is $76.77 as of December 20, 2024.

What is the market cap of Texas Capital Bancshares (TCBI)?

The market cap of Texas Capital Bancshares (TCBI) is approximately 3.5B.

What is Texas Capital Bancshares, Inc.?

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) is a commercial bank headquartered in Dallas, Texas, offering personalized financial services to businesses and entrepreneurs.

Where is Texas Capital Bancshares headquartered?

Texas Capital Bancshares is headquartered in Dallas, Texas.

What kind of services does Texas Capital Bancshares provide?

Texas Capital Bancshares provides a range of services including commercial banking, consumer banking, investment banking, and wealth management.

What areas does Texas Capital Bancshares serve?

Texas Capital Bancshares serves clients primarily in Texas metropolitan areas like Austin, Dallas, Fort Worth, Houston, and San Antonio, and also offers services nationwide.

What recent projects has Texas Capital Bancshares been involved in?

Recent projects include partnering with the Presbyterian Night Shelter and launching the Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS).

How is Texas Capital Bancshares performing financially?

Texas Capital Bancshares has shown robust financial performance, detailed in their quarterly reports and forward-looking statements.

How can I get more information about Texas Capital Bancshares?

Visit Texas Capital Bancshares' investor website or contact their representatives for more detailed information and updates.

What is the Texas Capital Texas Small Cap Equity Index ETF?

The Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS) is an ETF designed to track the performance of small-cap companies headquartered in Texas.

What recognition has Texas Capital Bancshares received?

Texas Capital Bancshares has been recognized by Forbes as one of America's Best Banks.

What is the primary focus of Texas Capital Bancshares' lending practices?

The primary focus is on secured lending with a majority of loans held for investment, excluding mortgage finance loans and other national lines of business.

Texas Capital Bancshares, Inc.

Nasdaq:TCBI

TCBI Rankings

TCBI Stock Data

3.55B
45.34M
1.6%
99.48%
3.25%
Banks - Regional
State Commercial Banks
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United States of America
DALLAS