NASDAQ:TCBI - Texas Capital Bancshares Stock Price, News, & Analysis

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$63.82 -0.19 (-0.30 %)
(As of 04/25/2019 11:55 AM ET)
Previous Close$64.01
Today's Range$62.81 - $63.92
52-Week Range$47.86 - $103.05
Volume177,205 shs
Average Volume775,516 shs
Market Capitalization$3.21 billion
P/E Ratio11.02
Dividend YieldN/A
Beta1.77
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial businesses, and professionals and entrepreneurs. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services, including information services, wire transfer initiation, ACH initiation, account transfer, and service integration; and consumer deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial loans for general corporate purposes comprising financing for working capital, internal growth, and acquisitions, as well as financing for business insurance premiums; real estate term and construction loans; mortgage warehouse lending; mortgage correspondent aggregation; equipment finance and leasing; medium- and long-term tax-exempt loans; treasury management services, including online banking and debit and credit card services; and letters of credit. In addition, it offers personal wealth management and trust services; secured and unsecured loans; and online and mobile banking services. It operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was founded in 1996 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:TCBI
CUSIP88224Q10
Phone214-932-6600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.24 billion
Cash Flow$6.5867 per share
Book Value$48.37 per share

Profitability

Net Income$300.82 million

Miscellaneous

Employees1,641
Market Cap$3.21 billion
Next Earnings Date7/17/2019 (Estimated)
OptionableOptionable

Texas Capital Bancshares (NASDAQ:TCBI) Frequently Asked Questions

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) posted its earnings results on Wednesday, April, 17th. The bank reported $1.60 earnings per share for the quarter, topping analysts' consensus estimates of $1.34 by $0.26. The bank earned $265.63 million during the quarter, compared to analyst estimates of $253.83 million. Texas Capital Bancshares had a return on equity of 13.37% and a net margin of 23.36%. During the same quarter in the prior year, the business earned $1.38 earnings per share. View Texas Capital Bancshares' Earnings History.

When is Texas Capital Bancshares' next earnings date?

Texas Capital Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Texas Capital Bancshares.

What price target have analysts set for TCBI?

13 analysts have issued 1 year price targets for Texas Capital Bancshares' shares. Their predictions range from $58.49 to $117.00. On average, they anticipate Texas Capital Bancshares' share price to reach $85.5408 in the next year. This suggests a possible upside of 34.0% from the stock's current price. View Analyst Price Targets for Texas Capital Bancshares.

What is the consensus analysts' recommendation for Texas Capital Bancshares?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Capital Bancshares in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Texas Capital Bancshares.

What are Wall Street analysts saying about Texas Capital Bancshares stock?

Here are some recent quotes from research analysts about Texas Capital Bancshares stock:
  • 1. According to Zacks Investment Research, "Shares of Texas Capital have underperformed the industry, over the past six months. The company has a disappointing earnings surprise history, beating the Zacks Consensus Estimate in only one of the trailing four quarters. The company’s first-quarter 2019 earnings reflected rise in revenues, aided by higher loans and deposit balances. However, provisions and expenses escalated. Texas Capital’s persistently increasing expenses, mainly due to hiring of experienced bankers, is likely to impede bottom-line growth to some extent. Moreover, lack of geographical diversification remains a concern. However, growth in revenues and favorable interest rates are likely to support the company. Also, the company’s diversified fee income sources, along with rising loans and deposits balances, are anticipated to drive top-line growth." (4/22/2019)
  • 2. Stephens analysts commented, "We’re maintaining our price target of $64 which represents a 10x multiple on our 2020 EPS forecast of $6.40. We maintain our Equal-Weight rating. KEY EPS Beat Driven by Lower LLP Expense; Increasing Forecast. TCBI reported operating EPS of $1.46, above consensus estimates of $1.35. It should be noted that over the last month, the consensus 1Q19 EPS forecast had drifted down from $1.47 levels as management’s conference commentary around higher LLP expense was fully digested. Based on the earnings call commentary, it now appears management expects 2Q19 to represent the high water mark for 2019 LLP expense. We are increasing our 2019 operating EPS from $6.01 to $6.14 and our 2020 EPS from $6.36 to $6.40. We are increasing our PPNR forecast for 2019 and 2020 as we expect increased growth in mortgage (warehouse and MCA) to outrun the NIM compression." (4/18/2019)

Has Texas Capital Bancshares been receiving favorable news coverage?

News headlines about TCBI stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Texas Capital Bancshares earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Texas Capital Bancshares?

Texas Capital Bancshares saw a increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,676,254 shares, an increase of 59.9% from the February 28th total of 1,673,931 shares. Based on an average daily volume of 723,901 shares, the days-to-cover ratio is presently 3.7 days. Currently, 5.4% of the shares of the company are sold short. View Texas Capital Bancshares' Current Options Chain.

Who are some of Texas Capital Bancshares' key competitors?

What other stocks do shareholders of Texas Capital Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Capital Bancshares investors own include Regions Financial (RF), Bank of America (BAC), SunTrust Banks (STI), Chesapeake Energy (CHK), Applied Materials (AMAT), Skyworks Solutions (SWKS), Alibaba Group (BABA), Celgene (CELG), Huntington Bancshares (HBAN) and NVIDIA (NVDA).

Who are Texas Capital Bancshares' key executives?

Texas Capital Bancshares' management team includes the folowing people:
  • Mr. C. Keith Cargill, Pres, CEO & Director (Age 66)
  • Ms. Julie L. Anderson, CFO & Sec. (Age 51)
  • Mr. Vince A. Ackerson, Texas Pres & Chief Lending Officer of Texas Capital Bank (Age 62)
  • Ms. Heather L. Worley, SVP, Director of IR (Age 44)
  • Mr. John G. Turpen, Chief Risk Officer (Age 50)

Who are Texas Capital Bancshares' major shareholders?

Texas Capital Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include BTIM Corp. (0.54%), Hodges Capital Management Inc. (0.16%), Retirement Systems of Alabama (0.13%), Hennessy Advisors Inc. (0.10%), Oppenheimer Asset Management Inc. (0.04%) and Brinker Capital Inc. (0.03%). Company insiders that own Texas Capital Bancshares stock include C Keith Cargill, David S Huntley, Ian J Turpin, Jonathan Baliff, Peter B Bartholow, Steve Rosenberg and Vince A Ackerson. View Institutional Ownership Trends for Texas Capital Bancshares.

Which institutional investors are selling Texas Capital Bancshares stock?

TCBI stock was sold by a variety of institutional investors in the last quarter, including Oppenheimer & Co. Inc., BKS Advisors LLC, Exane Derivatives and State of Alaska Department of Revenue. Company insiders that have sold Texas Capital Bancshares company stock in the last year include Ian J Turpin and Steve Rosenberg. View Insider Buying and Selling for Texas Capital Bancshares.

Which institutional investors are buying Texas Capital Bancshares stock?

TCBI stock was bought by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., BTIM Corp., Hennessy Advisors Inc., Quantitative Systematic Strategies LLC, Brinker Capital Inc., Oppenheimer Asset Management Inc., Retirement Systems of Alabama and Louisiana State Employees Retirement System. Company insiders that have bought Texas Capital Bancshares stock in the last two years include C Keith Cargill, David S Huntley, Jonathan Baliff and Vince A Ackerson. View Insider Buying and Selling for Texas Capital Bancshares.

How do I buy shares of Texas Capital Bancshares?

Shares of TCBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Texas Capital Bancshares' stock price today?

One share of TCBI stock can currently be purchased for approximately $63.8250.

How big of a company is Texas Capital Bancshares?

Texas Capital Bancshares has a market capitalization of $3.21 billion and generates $1.24 billion in revenue each year. The bank earns $300.82 million in net income (profit) each year or $5.79 on an earnings per share basis. Texas Capital Bancshares employs 1,641 workers across the globe.

What is Texas Capital Bancshares' official website?

The official website for Texas Capital Bancshares is http://www.texascapitalbank.com.

How can I contact Texas Capital Bancshares?

Texas Capital Bancshares' mailing address is 2000 MCKINNEY AVE SUITE 700, DALLAS TX, 75201. The bank can be reached via phone at 214-932-6600 or via email at [email protected]


MarketBeat Community Rating for Texas Capital Bancshares (NASDAQ TCBI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  436 (Vote Outperform)
Underperform Votes:  627 (Vote Underperform)
Total Votes:  1,063
MarketBeat's community ratings are surveys of what our community members think about Texas Capital Bancshares and other stocks. Vote "Outperform" if you believe TCBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TCBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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