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Jun 30, 2024
Texas Capital Bancshares Q2 2024 Earnings Report
Net income of $41.7 million, EPS of $0.80, and strong capital ratios were announced.
Key Takeaways
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%.
Net income available to common stockholders was $37.4 million, or $0.80 per diluted share.
Book Value and Tangible Book Value per share both increased 1.9%, reaching record levels.
Capital ratios continue to be strong, including 11.6% CET1 and 15.7% Total Capital.
The company repurchased 852,098 shares of its common stock for $50.0 million.
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.