TCBI
Texas Capital Bancshares, Inc.94.72
-1.38-1.44%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
IB pipeline strong, subscale upside
Q&A highlighted investment banking's healthy pipeline—$49 billion debt arranged in 2025, up 40% transaction volume—and Texas Capital's first sole-managed lead-left equity deal, underscoring subscale potential across all lines like public finance and sales & trading. Management affirmed mid-high single-digit LHI growth into 2026 via C&I and mortgage finance offsetting 10% CRE average balance drop from payoffs and thin originations. Minor Central Texas multifamily special mentions ($205-250M) tied to rental concessions drew scrutiny but were called well-reserved with no upstream issues. Q1 guides: $210-215M expenses, mid-3s NIM. No business hits scale yet. Confident tone on execution; watch fee trajectory to $265-290M.
Key Stats
Market Cap
4.33BP/E (TTM)
15.55Basic EPS (TTM)
6.09Dividend Yield
0%Recent Filings
8-K
Full notes redemption announced
Texas Capital Bancshares notified holders of its $375,000,000 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 of full redemption on May 6, 2026, at 100% of principal plus accrued interest. Issued under a 2012 indenture supplemented in 2021, the move retires all outstanding notes early. Clean balance sheet ahead.
8-K
Completes $400M notes offering
Texas Capital Bancshares completed a $400 million public offering of 5.301% fixed-to-floating rate senior notes due 2032 on February 27, 2026. It netted $398.4 million before expenses, earmarked for general corporate purposes including redeeming its 4% subordinated notes due 2031. Notes fix at 5.301% until 2031, then float. Clean refinancing swap.
8-K
Eliminates old stock designations
Texas Capital Bancshares eliminated certificates of designation for its Series A-1 Nonvoting Common Stock and 6.50% Non-Cumulative Perpetual Preferred Stock, Series A, on February 20, 2026. No shares of either series were outstanding. Those preferred shares now revert to undesignated status. Clean slate, no impact.
10-K
FY2025 results
Texas Capital Bancshares crushed FY2025 with net income leaping to $330M from $78M in 2024, fueled by net interest income up 14% to $1.0B on 4% loan growth to $24B while deposit costs plunged to 2.60% from 2.93%. Q4 roared with 1.4M shares repurchased at $86.76 average, exhausting one program before launching a fresh $200M authorization. Loans held steady as commercial and mortgage finance surged, offsetting CRE pullback; non-accruals ticked to 0.49%. Capital stayed rock-solid well above 'well capitalized.' Q4 accelerated buybacks. Texas economy ties could jolt quarterly momentum.
8-K
Q4 net income jumps 44%
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