About Texas Capital Bancshares (NASDAQ:TCBI)
Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust 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-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:TCBI
- CUSIP: 88224Q10
- Web: www.texascapitalbank.com
- Market Cap: $4.36718 billion
- Outstanding Shares: 49,600,000
- 50 Day Moving Avg: $81.66
- 200 Day Moving Avg: $78.18
- 52 Week Range: $56.25 - $93.35
Sales & Book Value:
- Trailing P/E Ratio: 24.42
- Foreward P/E Ratio: 17.78
- P/E Growth: 1.43
- Annual Revenue: $702.71 million
- Price / Sales: 6.21
- Book Value: $39.33 per share
- Price / Book: 2.24
- Net Margins: 26.27%
- Return on Equity: 11.40%
- Return on Assets: 0.99%
- Debt-to-Equity Ratio: 1.44%
- Current Ratio: 1.27%
- Quick Ratio: 1.24%
- Average Volume: 420,471 shs.
- Beta: 1.68
- Short Ratio: 7.08
Frequently Asked Questions for Texas Capital Bancshares (NASDAQ:TCBI)
What is Texas Capital Bancshares' stock symbol?
Texas Capital Bancshares trades on the NASDAQ under the ticker symbol "TCBI."
How were Texas Capital Bancshares' earnings last quarter?
Texas Capital Bancshares Inc (NASDAQ:TCBI) issued its quarterly earnings data on Wednesday, October, 18th. The company reported $1.12 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.01. The business had revenue of $204.40 million for the quarter, compared to analysts' expectations of $214.08 million. Texas Capital Bancshares had a net margin of 26.27% and a return on equity of 11.40%. The company's revenue was up 11.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 earnings per share. View Texas Capital Bancshares' Earnings History.
Where is Texas Capital Bancshares' stock going? Where will Texas Capital Bancshares' stock price be in 2017?
15 brokers have issued twelve-month price targets for Texas Capital Bancshares' shares. Their forecasts range from $66.00 to $104.00. On average, they anticipate Texas Capital Bancshares' share price to reach $89.57 in the next twelve months. View Analyst Ratings for Texas Capital Bancshares.
Who are some of Texas Capital Bancshares' key competitors?
Some companies that are related to Texas Capital Bancshares include BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), Pinnacle Financial Partners (PNFP), Prosperity Bancshares (PB), F.N.B. Corporation (FNB), Hancock Holding Company (HBHC), First Hawaiian (FHB), Home BancShares (HOMB), IBERIABANK Corporation (IBKC), MB Financial (MBFI), Associated Banc Corp (ASB), Chemical Financial Corporation (CHFC), UMB Financial Corporation (UMBF), Bank of Hawaii Corporation (BOH), Sterling Bancorp (STL), Fulton Financial Corporation (FULT), First Financial Bankshares (FFIN) and Columbia Banking System (COLB).
Who are Texas Capital Bancshares' key executives?
Texas Capital Bancshares' management team includes the folowing people:
- C. Keith Cargill, President, Chief Executive Officer of the Company and the Bank, Director
- Julie L. Anderson, Chief Financial Officer
- Vince A. Ackerson, Texas President and Chief Lending Officer of Texas Capital Bank
- Peter B. Bartholow, Chief Operating Officer of the Company and the Bank, Director
- John D. Hudgens, Chief Risk Officer of the Bank and the Company
- Larry L. Helm, Non-Executive Independent Chairman of the Board
- Jonathan E. Baliff, Director
- James H. Browning, Independent Director
- Preston M. Geren III, Independent Director
- Charles S. Hyle, Independent Director
Who owns Texas Capital Bancshares stock?
Texas Capital Bancshares' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.92%), Mutual of America Capital Management LLC (0.08%), State Treasurer State of Michigan (0.04%) and Beacon Financial Group (0.01%). Company insiders that own Texas Capital Bancshares stock include C Keith Cargill, Ian J Turpin, James H Browning, Jonathan Baliff, Patricia A Watson, Peter B Bartholow and Steve Rosenberg. View Institutional Ownership Trends for Texas Capital Bancshares.
Who sold Texas Capital Bancshares stock? Who is selling Texas Capital Bancshares stock?
Texas Capital Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, State Treasurer State of Michigan and Beacon Financial Group. Company insiders that have sold Texas Capital Bancshares stock in the last year include Ian J Turpin, Peter B Bartholow and Steve Rosenberg. View Insider Buying and Selling for Texas Capital Bancshares.
Who bought Texas Capital Bancshares stock? Who is buying Texas Capital Bancshares stock?
Texas Capital Bancshares' stock was acquired by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have bought Texas Capital Bancshares stock in the last two years include C Keith Cargill, James H Browning, Jonathan Baliff, Patricia A Watson and Peter B Bartholow. View Insider Buying and Selling for Texas Capital Bancshares.
How do I buy Texas Capital Bancshares stock?
Shares of Texas Capital Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Texas Capital Bancshares' stock price today?
MarketBeat Community Rating for Texas Capital Bancshares (NASDAQ TCBI)MarketBeat's community ratings are surveys of what our community members think about Texas Capital Bancshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Texas Capital Bancshares stock can currently be purchased for approximately $88.00.
Consensus Ratings for Texas Capital Bancshares (NASDAQ:TCBI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||10 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$89.57 (1.79% upside)|Consensus Price Target History for Texas Capital Bancshares (NASDAQ:TCBI)
Analysts' Ratings History for Texas Capital Bancshares (NASDAQ:TCBI)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Barclays PLC||Set Price Target||Hold||$87.00||N/A|
|10/20/2017||Royal Bank Of Canada||Reiterated Rating||Buy||N/A|
|10/19/2017||Bank of America Corporation||Reiterated Rating||Buy||$97.00 -> $100.00||N/A|
|10/19/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$95.00||N/A|
|10/19/2017||DA Davidson||Reiterated Rating||Neutral||$90.00||N/A|
|10/4/2017||Wedbush||Downgrade||Outperform -> Neutral||$88.00 -> $87.00||High|
|9/1/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$86.00||Low|
|8/1/2017||Hovde Group||Boost Price Target||Market Perform -> Market Perform||$85.00 -> $86.00||Low|
|7/14/2017||Jefferies Group LLC||Reiterated Rating||Buy||$104.00||Low|
|4/20/2017||Raymond James Financial, Inc.||Reiterated Rating||Strong-Buy -> Market Perform||Medium|
|4/3/2017||Keefe, Bruyette & Woods||Set Price Target||Hold||$83.00||Low|
|2/2/2017||JMP Securities||Initiated Coverage||Outperform||$98.00||N/A|
|11/18/2016||Compass Point||Downgrade||Buy -> Neutral||N/A|
|11/11/2016||Deutsche Bank AG||Downgrade||Buy -> Hold||$66.00||N/A|
|7/21/2016||Citigroup Inc.||Downgrade||Outperform||$52.00 -> $54.00||N/A|
|6/6/2016||FIG Partners||Reiterated Rating||Market-Perform||N/A|
|3/28/2016||FBR & Co||Lower Price Target||Market Perform||$67.00 -> $58.00||N/A|
|3/28/2016||Evercore ISI||Lower Price Target||Outperform -> Hold||$56.00 -> $42.00||N/A|
|3/28/2016||Credit Suisse Group||Boost Price Target||Neutral||$51.00 -> $56.00||N/A|
|1/21/2016||Sterne Agee CRT||Lower Price Target||Neutral||$47.00||N/A|
|1/21/2016||Macquarie||Downgrade||Outperform -> Neutral||N/A|
Earnings History for Texas Capital Bancshares (NASDAQ:TCBI)Earnings History by Quarter for Texas Capital Bancshares (NASDAQ TCBI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/18/2017||Q3 2017||$1.11||$1.12||$214.08 million||$204.40 million||View||N/A|
|7/19/2017||Q2 2017||$0.94||$0.97||$197.10 million||$201.73 million||View||N/A|
|4/19/2017||Q1 2017||$0.88||$0.80||$192.60 million||$180.47 million||View||N/A|
|1/25/2017||Q4 2016||$0.89||$0.96||$184.30 million||$190.06 million||View||N/A|
|10/20/2016||Q3||$0.86||$0.87||$175.14 million||$183.46 million||View||Listen|
|7/20/2016||Q216||$0.77||$0.78||$166.20 million||$171.00 million||View||Listen|
|4/20/2016||Q116||$0.67||$0.49||$158.54 million||$156.08 million||View||Listen|
|1/20/2016||Q415||$0.72||$0.70||$155.64 million||$153.51 million||View||Listen|
|10/21/2015||Q315||$0.74||$0.75||$154.50 million||$153.43 million||View||Listen|
|7/22/2015||Q215||$0.76||$0.76||$146.17 million||$155.06 million||View||Listen|
|4/22/2015||Q115||$0.70||$0.70||$138.01 million||$142.28 million||View||N/A|
|1/21/2015||Q414||$0.78||$0.78||$137.93 million||$138.81 million||View||N/A|
|10/22/2014||Q314||$0.76||$0.78||$131.77 million||$136.06 million||View||Listen|
|7/23/2014||Q214||$0.69||$0.71||$125.83 million||$125.94 million||View||N/A|
|4/23/2014||Q114||$0.73||$0.60||$123.58 million||$118.67 million||View||N/A|
|7/24/2013||Q2 2013||$0.80||$0.52||$103.57 million||View||Listen|
|4/24/2013||Q1 2013||$0.83||$0.80||$104.67 million||View||Listen|
|1/23/2013||Q4 2012||$0.82||$0.82||$100.84 million||View||Listen|
Earnings Estimates for Texas Capital Bancshares (NASDAQ:TCBI)
2017 EPS Consensus Estimate: $4.05
2018 EPS Consensus Estimate: $4.93
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Texas Capital Bancshares (NASDAQ:TCBI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Texas Capital Bancshares (NASDAQ:TCBI)
Insider Ownership Percentage: 0.47%Insider Trades by Quarter for Texas Capital Bancshares (NASDAQ:TCBI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/11/2017||C Keith Cargill||Insider||Buy||3,000||$74.15||$222,450.00|| |
|7/26/2017||Jonathan Baliff||Director||Buy||25||$81.55||$2,038.75|| |
|6/2/2017||Peter B Bartholow||CFO||Sell||4,000||$74.52||$298,080.00|| |
|4/21/2017||C Keith Cargill||Insider||Buy||5,000||$73.57||$367,850.00|| |
|4/21/2017||Ian J Turpin||Director||Sell||2,507||$73.59||$184,490.13|| |
|10/26/2016||Steve Rosenberg||Director||Sell||1,241||$59.27||$73,554.07|| |
|9/1/2016||James H Browning||Director||Sell||2,500||$52.55||$131,375.00|| |
|4/22/2016||Steve Rosenberg||Director||Sell||982||$45.09||$44,278.38|| |
|2/25/2016||James H Browning||Director||Buy||1,500||$30.50||$45,750.00|| |
|2/24/2016||Patricia A Watson||Director||Buy||40||$31.79||$1,271.60|| |
|1/25/2016||Peter B. Bartholow||CFO||Buy||4,000||$32.80||$131,200.00|| |
|1/22/2016||C Keith Cargill||CEO||Buy||10,000||$33.52||$335,200.00|| |
|8/24/2015||C Keith Cargill||CEO||Buy||5,000||$49.91||$249,550.00|| |
|2/27/2015||Preston M Geren III||Director||Buy||1,000||$46.94||$46,940.00|| |
|2/9/2015||Ian J Turpin||Director||Sell||4,000||$47.25||$189,000.00|| |
|1/23/2015||C Keith Cargill||CEO||Buy||10,000||$43.12||$431,200.00|| |
|9/3/2014||Frederick B Hegi Jr||Director||Sell||15,000||$55.13||$826,950.00|| |
|8/7/2014||James R Holland Jr||Director||Sell||1,212||$50.69||$61,436.28|| |
|6/6/2014||C Keith Cargill||CEO||Buy||5,000||$53.44||$267,200.00|| |
|3/7/2014||John Hudgens||Insider||Sell||3,000||$64.50||$193,500.00|| |
|2/21/2014||Grant Sims||Director||Buy||1,000||$59.39||$59,390.00|| |
|10/28/2013||Vince A Ackerson||Insider||Sell||10,000||$54.78||$547,800.00|| |
|10/25/2013||C Keith Cargill||COO||Sell||5,043||$53.70||$270,809.10|| |
|10/25/2013||George F Jones Jr||CEO||Sell||31,818||$53.69||$1,708,308.42|| |
|10/25/2013||John Hudgens||Insider||Sell||8,983||$53.63||$481,758.29|| |
|8/6/2013||George Jones, Jr.||CEO||Sell||6,111||$45.58||$278,539.38|| |
|7/26/2013||James R Holland Jr||Director||Sell||8,956||$47.42||$424,693.52|| |
|5/21/2013||Robert W Stallings||Director||Sell||3,595||$43.16||$155,160.20|| |
|5/17/2013||Peter B Bartholow||CFO||Sell||21,781||$44.32||$965,333.92|| |
|5/15/2013||C Keith Cargill||COO||Sell||13,763||$44.32||$609,976.16|| |
|12/4/2012||Preston M Geren III||Director||Buy||2,500||$44.97||$112,425.00|| |
|12/3/2012||Frederick B Hegi Jr||Director||Sell||5,315||$44.94||$238,856.10|| |
|8/21/2012||C Keith Cargill||COO||Sell||4,000||$45.10||$180,400.00|| |
|8/20/2012||Vince A Ackerson||Insider||Sell||10,000||$45.17||$451,700.00|| |
|8/8/2012||Peter B Bartholow||CFO||Sell||10,000||$43.70||$437,000.00|| |
Headline Trends for Texas Capital Bancshares (NASDAQ:TCBI)
Latest Headlines for Texas Capital Bancshares (NASDAQ:TCBI)
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Texas Capital Bancshares (TCBI) Chart for Monday, October, 23, 2017