NasdaqGS:TCBIBanks
Should Texas Capital Bancshares’ (TCBI) $375 Million Subordinated Note Redemption Require Action From Investors?
In March 2026, Texas Capital Bancshares announced it will redeem all US$375,000,000 of its 4.000% fixed-to-fixed rate subordinated notes due 2031 on May 6, 2026, at par plus accrued and unpaid interest, under its existing indenture with U.S. Bank Trust Company as trustee.
This move, alongside recent insider share purchases and a rebound in quarterly profitability, points to management confidence in the bank’s balance sheet and earnings profile.
We’ll now examine how the planned subordinated...