Texas Capital Bancshares Earnings Reports

Texas Capital Bancshares delivered a strong Q1 2025 performance, driven by improved net interest income, expanding margins, and record book value per share. Despite increased operating expenses, profitability and capital strength remained robust.

Texas Capital Bancshares, Inc. announced strong fourth quarter and full year 2024 results, demonstrating significant strategic milestones and client adoption trends, positioning the firm to deliver in 2025.

Texas Capital Bancshares reported a net loss available to common stockholders of $65.6 million, or $1.41 net loss per diluted share, for the third quarter of 2024. This was primarily due to a $179.6 million loss on the sale of available-for-sale debt securities and restructuring expenses, partially offset by a release of FDIC special assessment accrual. However, the company achieved record levels of income in fee areas of focus and maintained strong capital ratios.

Texas Capital Bancshares reported a net income of $41.7 million for Q2 2024, with diluted earnings per share of $0.80. The company's capital ratios remained strong, including a CET1 ratio of 11.6% and a total capital ratio of 15.7%.

Texas Capital Bancshares, Inc. announced its first quarter 2024 results, reporting a net income available to common stockholders of $21.8 million, or $0.46 per diluted share. The quarter included expenses related to a legal settlement, FDIC special assessment, and restructuring activities. The company highlighted growth in loans and total deposits and maintained strong capital ratios.

Texas Capital Bancshares, Inc. announced Q4 2023 results with net income available to common stockholders at $15.8 million, or $0.33 per diluted share. The results reflect strategic execution amidst industry pressures and include a $19.9 million FDIC special assessment expense.

Texas Capital Bancshares reported a net income of $61.7 million for Q3 2023, with earnings per diluted share at $1.18. The results reflect the strength of the company's platform and solutions-oriented approach for clients, complemented by strong capital and liquidity positions.

Texas Capital Bancshares reported a strong second quarter in 2023, with net income doubling compared to the same period in 2022. Net income available to common stockholders reached $64.3 million, or $1.33 per diluted share. Pre-Provision Net Revenue grew by 43% compared to the second quarter of 2022, and the company maintains strong capital and liquidity positions.

Texas Capital Bancshares, Inc. reported a net income available to common stockholders of $34.3 million, or $0.70 per diluted share, for the first quarter of 2023. The company maintained top tier liquidity and capital ratios and added a record number of new clients.

Texas Capital Bancshares, Inc. reported a strong fourth quarter and full year 2022, with net income available to common stockholders reaching $212.9 million, or $4.23 per diluted share. The company completed the sale of BankDirect Capital Finance, LLC, recognizing a significant pre-tax gain. Record level regulatory capital ratios were achieved, including 13.0% CET 1 and 17.7% Total Capital.

Texas Capital Bancshares, Inc. reported a net income available to common stockholders of $37.1 million, or $0.74 per diluted share, for the third quarter of 2022. The company achieved year-over-year operating leverage and built a financially resilient balance sheet.

Texas Capital Bancshares reported a net income of $34.2 million for Q2 2022, with earnings per diluted share at $0.59. The results reflect strategic execution and revenue growth, supported by a $2.4 billion increase in total loans held for investment.

Texas Capital Bancshares reported a net income of $39.7 million, or $0.69 per diluted share, for the first quarter of 2022. The results reflect a strategic shift to reduce reliance on the mortgage finance business, with growth in loans held for investment, excluding mortgage finance and PPP, increasing by $577.7 million, or 15% annualized.

Texas Capital Bancshares, Inc. reported a net income of $65.1 million, or $1.19 per diluted share, for the fourth quarter of 2021. The results reflect improvements in credit quality and a negative provision for credit losses. The company is focused on executing its strategic goals and achieving its vision of becoming a leading financial services firm in Texas.

Texas Capital Bancshares reported a net income of $43.4 million for Q3 2021, a decrease compared to both the previous quarter and the same quarter last year. The company is focusing on a transformative vision aimed at achieving higher quality, more sustainable earnings.

Texas Capital Bancshares reported a net income of $73.5 million for Q2 2021, an increase of $1.5 million on a linked quarter basis and an increase of $107.8 million from Q2 2020. The company executed its largest capital markets transaction to-date with a $375.0 million subordinated note issuance and made the strategic decision to sell its portfolio of mortgage servicing rights.

Texas Capital Bancshares reported a net income of $71.9 million for Q1 2021, marking an increase of $11.8 million on a linked quarter basis and $88.6 million compared to Q1 2020. The company executed its largest capital raise and closed its first warehouse lending credit risk transfer transaction, positioning TCBI for future growth.

Texas Capital Bancshares, Inc. reported a net income of $60.2 million for Q4 2020, a slight decrease compared to Q4 2019. The company successfully deployed $1.8 billion of excess liquidity into higher yielding investment securities and improved credit quality, reflecting declines in non-performing assets and criticized loans.

Texas Capital Bancshares reported a net income of $57.1 million for Q3 2020, a significant increase from the previous quarter's net loss. This improvement was primarily driven by a decrease in the provision for credit losses and a decrease in non-interest expense.

Texas Capital Bancshares reported a net loss of $34.3 million for the second quarter of 2020, compared to a net income of $77.8 million for the same period in 2019. The decline was primarily due to a $73.0 million increase in the provision for credit losses and an $80.6 million increase in non-interest expense, offset by a $46.1 million increase in non-interest income.

Texas Capital Bancshares, Inc. reported a net loss of $16.7 million for Q1 2020, primarily due to a $96.0 million provision for credit losses related to CECL adoption and the COVID-19 pandemic. The company focused on maintaining a strong balance sheet with increased liquidity and reserves.

Texas Capital Bancshares, Inc. reported a net income of $73.9 million for the fourth quarter of 2019, compared to $71.9 million for the same period in 2018. Diluted earnings per share were $1.42 for the quarter ended December 31, 2019, compared to $1.38 for the same period of 2018. The fourth quarter of 2019 includes $1.3 million of merger-related expenses.