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.
Texas Capital Bancshares Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$55.94|
|52 Week High||US$29.45|
|52 Week Low||US$93.26|
|1 Month Change||-14.78%|
|3 Month Change||-14.71%|
|1 Year Change||84.80%|
|3 Year Change||-33.56%|
|5 Year Change||2.96%|
|Change since IPO||366.56%|
Recent News & Updates
|TCBI||US Banks||US Market|
Return vs Industry: TCBI exceeded the US Banks industry which returned 67.8% over the past year.
Return vs Market: TCBI exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: TCBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TCBI's weekly volatility (5%) has been stable over the past year.
About the Company
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; treasury management services, including online banking and debit and credit card services; escrow services; and letters of credit.
Texas Capital Bancshares Fundamentals Summary
|TCBI fundamental statistics|
Is TCBI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TCBI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.91|
|Net Profit Margin||25.72%|
How did TCBI perform over the long term?See historical performance and comparison
Is Texas Capital Bancshares undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TCBI ($55.94) is trading below our estimate of fair value ($55.95)
Significantly Below Fair Value: TCBI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TCBI is poor value based on its PE Ratio (11.4x) compared to the US Banks industry average (10.6x).
PE vs Market: TCBI is good value based on its PE Ratio (11.4x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: TCBI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: TCBI's PB Ratio (1x) is in line with the US Banks industry average.
How is Texas Capital Bancshares forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCBI's earnings are forecast to decline over the next 3 years (-6.4% per year).
Earnings vs Market: TCBI's earnings are forecast to decline over the next 3 years (-6.4% per year).
High Growth Earnings: TCBI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: TCBI's revenue (6.1% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: TCBI's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCBI's Return on Equity is forecast to be low in 3 years time (6.5%).
How has Texas Capital Bancshares performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCBI has high quality earnings.
Growing Profit Margin: TCBI's current net profit margins (25.7%) are higher than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: TCBI's earnings have grown by 1% per year over the past 5 years.
Accelerating Growth: TCBI's earnings growth over the past year (170%) exceeds its 5-year average (1% per year).
Earnings vs Industry: TCBI earnings growth over the past year (170%) exceeded the Banks industry 36%.
Return on Equity
High ROE: TCBI's Return on Equity (8.4%) is considered low.
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
Financial Institutions Analysis
Asset Level: TCBI's Assets to Equity ratio (11.3x) is moderate.
Allowance for Bad Loans: TCBI has a sufficient allowance for bad loans (256%).
Low Risk Liabilities: 90% of TCBI's liabilities are made up of primarily low risk sources of funding.
Loan Level: TCBI has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: TCBI's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: TCBI has an appropriate level of bad loans (0.4%).
What is Texas Capital Bancshares's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Holmes (56 yo)
Mr. Robert C. Holmes, also known as Rob, has been Independent Director of Dillard's, Inc. since May 15, 2021. He is the President, Chief Executive Officer and Director of Texas Capital Bancshares, Inc. and...
Experienced Management: TCBI's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: TCBI's board of directors are considered experienced (7.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TCBI insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Texas Capital Bancshares, Inc.'s employee growth, exchange listings and data sources
- Name: Texas Capital Bancshares, Inc.
- Ticker: TCBI
- Exchange: NasdaqGS
- Founded: 1996
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.830b
- Shares outstanding: 50.60m
- Website: https://www.texascapitalbank.com
Number of Employees
- Texas Capital Bancshares, Inc.
- 2000 McKinney Avenue
- Suite 700
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:31|
|End of Day Share Price||2021/09/22 00:00|
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.