Loading...
•
Dec 31, 2019
Texas Capital Bancshares Q4 2019 Earnings Report
Texas Capital Bancshares reported an increase in net income and EPS for Q4 2019.
Key Takeaways
Texas Capital Bancshares, Inc. reported a net income of $73.9 million for the fourth quarter of 2019, compared to $71.9 million for the same period in 2018. Diluted earnings per share were $1.42 for the quarter ended December 31, 2019, compared to $1.38 for the same period of 2018. The fourth quarter of 2019 includes $1.3 million of merger-related expenses.
Net income for Q4 2019 was $73.9 million, a 3% increase compared to Q4 2018.
Diluted EPS for Q4 2019 was $1.42, a 3% increase compared to Q4 2018.
Average mortgage finance loans increased 61% from the fourth quarter of 2018.
Average demand deposits and average total deposits increased 47% and 35%, respectively, from the fourth quarter of 2018.