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Sep 30, 2022

Texas Capital Bancshares Q3 2022 Earnings Report

Net income of $41.4 million and EPS of $0.74 per diluted share were announced.

Key Takeaways

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.

Net income available to common stockholders was $37.1 million, or $0.74 per diluted share.

Net interest income increased to $239.1 million.

Net interest margin increased 94 basis points to 3.05%.

All regulatory ratios continue to be in excess of “well capitalized” requirements.

Total Revenue
$264M
Previous year: $215M
+22.8%
EPS
$0.74
Previous year: $0.94
-21.3%
Net Interest Margin
3.05%
Return on Avg. Assets
0.52%
Previous year: 0.47%
+10.6%
Return on Avg. Equity
5.36%
Cash and Equivalents
$3.4B
Previous year: $8.54B
-60.2%
Free Cash Flow
$66.3M
Previous year: $107M
-37.8%
Total Assets
$30.4B
Previous year: $36.4B
-16.5%

Texas Capital Bancshares

Texas Capital Bancshares

Forward Guidance

This communication contains “forward-looking statements” within the meaning of and pursuant to the Private Securities Litigation Reform Act of 1995 regarding, among other things, TCBI’s financial condition, results of operations, business plans and future performance.