NasdaqGS:TCBI.L

Stock Analysis Report

Texas Capital Bancshares

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Texas Capital Bancshares's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.0%

NasdaqGS:TCBI.L

0.3%

US Banks

0.9%

US Market


1 Year Return

1.8%

NasdaqGS:TCBI.L

-13.6%

US Banks

0.3%

US Market

TCBI.L outperformed the Banks industry which returned -14.2% over the past year.

TCBI.L outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

TCBI.LIndustryMarket
7 Day1.0%0.3%0.9%
30 Day0.3%-5.1%-1.9%
90 Day0.1%-3.5%1.6%
1 Year8.5%1.8%-11.2%-13.6%2.6%0.3%
3 Year23.9%2.4%43.6%33.7%41.0%31.8%
5 Year49.6%8.5%53.7%37.0%55.2%38.0%

Price Volatility Vs. Market

How volatile is Texas Capital Bancshares's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Texas Capital Bancshares undervalued based on future cash flows and its price relative to the stock market?

21%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Texas Capital Bancshares's share price is below the future cash flow value, and at a moderate discount (> 20%).

Texas Capital Bancshares's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Texas Capital Bancshares is good value based on earnings compared to the US Banks industry average.

Texas Capital Bancshares is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Texas Capital Bancshares is poor value based on expected growth next year.


Price Based on Value of Assets

Texas Capital Bancshares is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Texas Capital Bancshares expected to perform in the next 1 to 3 years based on estimates from 16 analysts?

2.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Texas Capital Bancshares's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).

Texas Capital Bancshares's earnings are expected to grow by 2.3% yearly, however this is not considered high growth (20% yearly).

Texas Capital Bancshares's revenue growth is positive but not above the United States of America market average.

Texas Capital Bancshares's earnings growth is positive but not above the United States of America market average.

Texas Capital Bancshares's earnings growth is positive but not above the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Texas Capital Bancshares is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Texas Capital Bancshares performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Texas Capital Bancshares has delivered over 20% year on year earnings growth in the past 5 years.

Texas Capital Bancshares's 1-year earnings growth exceeds its 5-year average (30.1% vs 21.2%)

Texas Capital Bancshares's earnings growth has not exceeded the US Banks industry average in the past year (30.1% vs 33.2%).


Return on Equity

Texas Capital Bancshares has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Texas Capital Bancshares used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Texas Capital Bancshares improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

  • Explore strong past performing companies in the Banks industry.

Financial Health

How is Texas Capital Bancshares's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Texas Capital Bancshares has an acceptable proportion of non-loan assets held.

Texas Capital Bancshares has a sufficient allowance for bad loans.

Texas Capital Bancshares's liabilities are made up of primarily low risk sources of funding.

Texas Capital Bancshares's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Texas Capital Bancshares are broadly funded by customer deposits.

Texas Capital Bancshares has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Texas Capital Bancshares's current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

Purchase Texas Capital Bancshares before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Unable to evaluate Texas Capital Bancshares's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Texas Capital Bancshares's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Texas Capital Bancshares has not reported any payouts.

Unable to verify if Texas Capital Bancshares's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Texas Capital Bancshares has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Texas Capital Bancshares's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Texas Capital Bancshares's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

C. Cargill (66yo)

5.6yrs

Tenure

US$4,144,219

Compensation

Mr. C. Keith Cargill serves as founder, President and Chief Executive Officer of Texas Capital Bancshares, Inc. (Company) and also serves as a member of the Board of Directors since January 1, 2014. He has ...


CEO Compensation Analysis

C.'s remuneration is about average for companies of similar size in United States of America.

C.'s compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.6yrs

Average Tenure

56.5yo

Average Age

The average tenure for the Texas Capital Bancshares management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

8.9yrs

Average Tenure

67.5yo

Average Age

The tenure for the Texas Capital Bancshares board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • C. Cargill (66yo)

    President

    • Tenure: 5.6yrs
    • Compensation: US$4.14m
  • Julie Anderson (51yo)

    CFO & Secretary

    • Tenure: 2.1yrs
    • Compensation: US$1.46m
  • John Hudgens (63yo)

    Vice Chairman

    • Tenure: 0.6yrs
    • Compensation: US$1.26m
  • Vince Ackerson (62yo)

    Texas President & Chief Lending Officer of Texas Capital Bank

    • Tenure: 6.1yrs
    • Compensation: US$1.47m
  • Kirk Coleman

    Executive Vice President of Technology

    • Tenure: 4.6yrs
  • Heather Worley (43yo)

    Senior VP & Director of Investor Relations

    • Tenure: 5.6yrs
  • Ellen Detrich

    Controller

    • Tenure: 0.0yrs
  • John Turpen (50yo)

    Chief Risk Officer

    • Tenure: 0.6yrs

Board Members

  • Larry Helm (71yo)

    Chairman of the Board

    • Tenure: 7.3yrs
    • Compensation: US$194.02k
  • Bob Stallings (69yo)

    Director

    • Tenure: 18.0yrs
    • Compensation: US$124.52k
  • Elysia Ragusa (68yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$146.27k
  • Steven Rosenberg (60yo)

    Director

    • Tenure: 17.9yrs
    • Compensation: US$144.02k
  • Ian Turpin (74yo)

    Director

    • Tenure: 18.3yrs
    • Compensation: US$134.27k
  • C. Cargill (66yo)

    President

    • Tenure: 5.6yrs
    • Compensation: US$4.14m
  • Chuck Hyle (67yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$150.77k
  • John Hudgens (63yo)

    Vice Chairman

    • Tenure: 0.6yrs
    • Compensation: US$1.26m
  • Dale Tremblay (60yo)

    Director

    • Tenure: 8.3yrs
    • Compensation: US$143.02k
  • Jim Browning (69yo)

    Director

    • Tenure: 9.8yrs
    • Compensation: US$168.02k

Company Information

Texas Capital Bancshares, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Texas Capital Bancshares, Inc.
  • Ticker: TCBI.L
  • Exchange: NasdaqGS
  • Founded: 1996
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$2.843b
  • Shares outstanding: 50.30m
  • Website: https://www.texascapitalbank.com

Number of Employees


Location

  • Texas Capital Bancshares, Inc.
  • 2000 McKinney Avenue
  • Suite 700
  • Dallas
  • Texas
  • 75201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCBINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2003
TCADB (Deutsche Boerse AG)YesCommon StockDEEURAug 2003
TCBI.LNasdaqGS (Nasdaq Global Select)SUB NT 6.50%42USUSDSep 2012
TCBI.PNasdaqGS (Nasdaq Global Select)PFD PERP SR-AUSUSDMar 2013

Biography

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 professio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 00:28
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.