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.
Net income available to common stockholders was $29.8 million, or $0.59 per diluted share.
Total loans held for investment increased by $2.4 billion, or 11%, linked quarter.
Net interest income increased to $205.5 million, driven by increases in total LHI average balances and yields.
Non-interest income increased by $6.0 million, or 29%, primarily due to increases in investment banking and trading income.
This communication contains forward-looking statements regarding our financial condition, results of operations, business plans and future performance.