TCBI News and Press, Texas Capital Bancshares Inc. From 01/30/23

Summary PacWest missed fourth quarter expectations as high deposit costs pressured spread income even more than expected. Management is refocusing on higher-margin, relationship-driven businesses and will be exiting its Premium Finance and much of its Multifamily businesses (14% of loan...

Summary Independent's fourth quarter results were noticeably different than those of most banks, with a contraction in net interest income and net interest margin and weak pre-provision profit performance. The nature of IBTX's loan book means that it's seeing less uplift from higher rat...

Summary Texas Capital's fourth quarter had something for bulls and bears, with a healthy pre-provision beat but significantly higher provisioning expenses and rapidly-rising deposit costs. I believe Texas Capital is still in the process of restructuring and remaking the business, and a ...

Texas Capital Bancshares, Inc. (TCBI) Q4 2022 Earnings Conference Call January 19, 2023 9:00 AM Company Participants Jocelyn Kukulka - Head, IR Rob Holmes - President, CEO and Director Matt Scurlock - Executive VP and CFO Conference Call Participants Brett ...

The following slide deck was published by Texas Capital Bancshares, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: Texas Capital Bancshares, Inc. 2022 Q4 - Results - Earnings Call Presentation

Texas Capital Bancshares press release ( NASDAQ: TCBI ): Q4 GAAP EPS of $4.23 beats by $3.24 . Revenue of $525.27M (+132.8% Y/Y) beats by $305.37M . Repurchased $65.3 million shares of common stock at tangible book value For further details see: T...

Fourth quarter 2022 net income of $217.3 million and net income available to common stockholders of $212.9 million , or $4.23 per diluted share Repurchased $65.3 million shares of common stock at tangible book val...

DALLAS, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Dustin Cosper has been appointed to serve as Head of Commercial Real Estate, effective immediately. As Head...

DALLAS, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that its executive management will host a conference call and webcast to discuss fourth quarter 2022 operating results on Thursday, January 19, 2023, ...

Summary Texas Capital Bancshares has seen significant outflow of non-interest-bearing deposits, leading to much higher deposit costs and a higher-than-average deposit beta. Management is addressing its funding issues, but the deposit beta is still likely to be well above its peers for t...