Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | SUITE 700, 2000 MCKINNEY AVE DALLAS TX 75201 |
Tel: | N/A |
Website: | https://www.texascapitalbank.com |
IR: | See website |
Key People | ||
Robert C. Holmes President, Chief Executive Officer, Director | John Matthew Scurlock Chief Financial Officer, Managing Director | John W. Cummings Chief Administrative Officer, Managing Director |
Tim J. Storms Chief Risk Officer, Managing Director | Anna M. Alvarado Managing Director, Corporate Secretary, Chief Legal Officer |
Business Overview |
Texas Capital Bancshares, Inc. is a bank holding company. The Company, through its subsidiary Texas Capital Bank (the Bank), provides a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The Bank offers a full range of products and services, including commercial loans for general corporate purposes, including financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending; treasury management services, including online banking and debit and credit card services; investment banking and advisory services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest and non-interest bearing checking accounts; savings accounts; secured and unsecured loans; online and mobile banking, and investment banking, and advisory services. |
Financial Overview |
For the three months ended 31 March 2024, Texas Capital Bancshares Inc interest income increased 8% to $417.4M. Net interest income after loan loss provision decreased 5% to $196M. Net income applicable to common stockholders decreased 36% to $21.8M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 9% to 3.03%, Interest bearing cash and cash equivalen decrease of 13% to $54.4M. |