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Dec 31, 2021

Texas Capital Bancshares Q4 2021 Earnings Report

Reported net income of $65.1 million, driven by continued credit quality improvement and a provision release.

Key Takeaways

Texas Capital Bancshares, Inc. reported a net income of $65.1 million, or $1.19 per diluted share, for the fourth quarter of 2021. The results reflect improvements in credit quality and a negative provision for credit losses. The company is focused on executing its strategic goals and achieving its vision of becoming a leading financial services firm in Texas.

Net income for Q4 2021 was $65.1 million, or $1.19 per diluted share.

Credit quality improved, leading to a provision release of $10.0 million.

Necessary regulatory approvals were obtained for the launch of Texas Capital Securities.

Net interest income was $194.0 million for the fourth quarter of 2021.

Total Revenue
$225M
Previous year: $266M
-15.2%
EPS
$1.19
Previous year: $1.14
+4.4%
Net Interest Margin
2.12%
Previous year: 2.32%
-8.6%
Efficiency Ratio
65%
Previous year: 56.7%
+14.6%
Common Equity Tier 1
11.1%
Previous year: 9.4%
+18.1%
Cash and Equivalents
$181M
Previous year: $9.21B
-98.0%
Free Cash Flow
$109M
Previous year: $470M
-76.7%
Total Assets
$34.7B
Previous year: $37.7B
-7.9%

Texas Capital Bancshares

Texas Capital Bancshares

Forward Guidance

This document does not contain forward guidance.