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Jun 30, 2023
Texas Capital Bancshares Q2 2023 Earnings Report
Net income doubled and pre-provision net revenue grew, demonstrating strong capital and liquidity positions.
Key Takeaways
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.
Net income available to common stockholders was $64.3 million, or $1.33 per diluted share.
Net income increased to $68.7 million compared to $34.2 million in Q2 2022.
Pre-Provision Net Revenue grew 43% compared to Q2 2022.
All regulatory ratios continue to be in excess of 'well capitalized' requirements as of June 30, 2023.
Texas Capital Bancshares
Texas Capital Bancshares
Forward Guidance
This communication contains forward-looking statements regarding TCBI’s financial condition, results of operations, business plans and future performance.