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Texas Capital Bancshares Inc (OQ:TCBI)

Business Focus: Commercial Banks

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.