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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.
Forward Guidance
This communication contains forward-looking statements regarding TCBI’s financial condition, results of operations, business plans and future performance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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