Texas Capital Bancshares, Inc. TCBI

FinancialsBanking ServicesUnited States of America

Last close 104.12 USD on Nov 2, 2026, +11.9% year to date

Quant rating

Quant rating B Rank 242 of 799 in Financials

Growth B 209 of 799
Valuation C 474 of 799
Quality C 386 of 799
Revisions B 148 of 799
Momentum C 386 of 799

Wall Street consensus Hold (2.58)Average target 105.33 USD +1.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 4.3B
Enterprise value: –
52-week range: 91.58 – 106.13
3-year range: 53.45 – 107.74
Dividend yield: 0.88%
Beta (5 years): 0.64
Shares outstanding: 42.4M
Next earnings: Jan 20, 2027

About the company

Texas Capital Bancshares, Inc. is a bank holding company and a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The Company's business activities are conducted through its subsidiary, Texas Capital Bank. It offers a range of products and services for its business customers, including commercial loans; real estate term and construction loans; mortgage warehouse lending and mortgage finance services; treasury management services, including online banking, foreign exchange and debit and credit card services; investment banking and advisory services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans; online and mobile banking; investment banking and advisory services, and Bask Bank.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	1,772	1,730	1,630	1,144	877	–
Revenue growth	2.4%	6.1%	42.4%	30.5%	−15.7%	11.3%
EPS (basic, normalized)	6.89	1.54	3.58	2.45	4.65	–
EPS growth	347.8%	−57.0%	45.7%	−47.2%	−16.6%	4.3%
Gross margin	–	–	–	–	–	–
Net margin	17.7%	3.5%	10.5%	27.5%	26.8%	17.2%
ROE	9.6%	2.0%	6.2%	4.0%	8.3%	6.0%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	13.7%
Long-term debt (mil)	487
Net debt (mil)	–
Total equity (mil)	3,488
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	1,772	+2.4%	–	75.28	+12.1%	1.4x	6.79	+430.5%	15.3x
2026	1,364	−23.0%	–	78.16	+3.8%	1.3x	7.68	+13.2%	13.6x
2027	1,443	+5.8%	–	86.98	+11.3%	1.2x	8.36	+8.8%	12.4x
2028	1,525	+5.6%	–	97.63	+12.2%	1.1x	9.22	+10.2%	11.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	1,364	+1.7%	+1.8%	+1.3%	7.68	+4.5%	+4.7%	+1.7%
2027	1,443	+1.0%	+0.9%	+0.2%	8.36	+2.0%	+1.2%	+0.2%
2028	1,525	+0.2%	−0.4%	−1.8%	9.22	+1.0%	−0.2%	−2.3%

Earnings surprises EPS beat in 3 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	256	267	125	284	280	307	340	327	324	335
Sales mean (mil)	253	267	254	283	285	299	325	324	319	333
Surprise	+1.2%	−0.1%	−50.6%	+0.2%	−1.5%	+2.8%	+4.7%	+1.0%	+1.7%	+0.6%
EPS reported	0.46	0.80	1.62	1.43	0.92	1.58	2.18	2.12	1.56	1.83
EPS mean	0.60	0.86	0.94	1.08	0.97	1.29	1.77	1.77	1.40	1.86
Surprise	−22.9%	−7.1%	+72.1%	+32.2%	−4.9%	+22.9%	+23.0%	+20.1%	+11.2%	−1.7%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
TCBI Texas Capital Bancshares, Inc.	4.3B	13.7%	17.7%	1.11x	13.6x	12.4x	1.3x	1.2x
USB U.S. Bancorp	94.2B	12.2%	23.2%	1.36x	11.4x	10.3x	1.5x	1.4x
FITB Fifth Third Bancorp	49.9B	10.8%	24.0%	1.43x	13.6x	11.0x	1.5x	1.4x
HBAN Huntington Bancshares Inc	32.3B	11.5%	20.2%	1.20x	10.6x	9.1x	1.1x	1.0x
RF Regions Financial Corporation	24.6B	11.8%	29.1%	1.39x	10.9x	10.1x	1.4x	1.3x
FCNCA First Citizens BancShares, Inc.	28.2B	11.7%	18.2%	1.10x	12.0x	11.0x	1.3x	1.2x
Mean		11.9%	22.1%	1.27x	12.0x	10.7x	1.4x	1.3x
Median		11.8%	21.7%	1.28x	11.7x	10.7x	1.4x	1.3x

Technical analysis

1M+7.6%
3M+2.3%
1Y+20.8%
3Y+77.2%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Texas Capital Bancshares, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	1,772	1,730	1,630	1,144	877	1,039
Total interest expense	743	828	716	268	108	188
Net interest income	1,029	901	914	876	769	851
Loan loss provision	55.0	67.0	72.0	66.0	−30.0	–
Net interest income after loan loss provision	974	834	842	810	799	851
Non-interest income	227	31.0	161	350	138	203
Non-interest expense	−768	−758	−757	−728	−599	−962
Net income before taxes	433	107	247	432	338	91.9
Provision for taxes	102	29.6	57.5	99.3	84.1	25.7
Minority interest & equity in affiliates	–	–	–	–	–	–
Other	0	0	0	0	0	0
Net income before extraordinary items	330	77.5	189	332	254	66.3
Extraordinary items	–	–	–	–	–	–
Net income	330	77.5	189	332	254	66.3
Basic weighted average shares (mil)	45.6	46.6	48.1	50.5	50.6	50.4
Diluted weighted average shares (mil)	46.1	47.0	48.6	51.0	51.1	50.6
Basic EPS excluding extraordinary items	6.86	1.29	3.58	6.25	4.65	1.12
Basic EPS, normalized	6.89	1.54	3.58	2.45	4.65	5.58

Balance sheet in millions of USD, fiscal years

Balance sheet, Texas Capital Bancshares, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	2,070	3,189	3,243	5,012	7,947	9,206
Other earning assets	4,685	4,321	4,135	3,588	3,592	3,480
Net loans	23,770	22,178	20,091	19,034	22,595	24,176
Property, plant & equipment	252	252	120	106	76.2	91.5
Goodwill	–	–	–	1.5	15.1	15.1
Intangibles	1.5	1.5	1.5	0	2.2	108
Long-term investments	42.0	75.3	51.8	34.0	–	–
Other long-term assets	108	158	185	182	66.3	29.2
Other assets	612	557	529	457	438	619
Total assets	31,540	30,732	28,356	28,415	34,732	37,726
Liabilities
Accounts payable	6.7	23.7	33.2	24.0	7.7	11.2
Payable/accrued	–	–	–	–	–	–
Accrued expenses	228	225	110	104	69.2	82.5
Total deposits	26,449	25,239	22,372	22,857	28,109	30,997
Other bearing liabilities	300	885	1,500	1,200	2,200	3,000
Short-term borrowings	30.0	0	0	1.1	2.8	112
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	624	661	861	934	929	396
Minority interest	–	–	–	–	–	–
Other liabilities	272	331	282	239	204	257
Total liabilities	27,909	27,364	25,157	25,359	31,522	34,855
Shareholders' equity
Preferred stock	300	300	300	300	300	150
Common stock	0.5	0.5	0.5	0.5	0.5	0.5
Additional paid-in capital	1,074	1,057	1,046	1,026	1,009	992
Retained earnings (accumulated deficit)	2,809	2,496	2,435	2,264	1,948	1,713
Treasury stock	−488	−302	−220	−115	0	0
Other equity	−64.6	−183	−362	−419	−47.7	15.8
Total equity	3,631	3,368	3,199	3,055	3,210	2,871
Total liabilities & shareholders' equity	31,540	30,732	28,356	28,415	34,732	37,726

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Texas Capital Bancshares, Inc., fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	330	77.5	189	332	254	66.3
Depreciation, depletion & amortization	52.2	54.2	40.5	45.3	93.4	74.9
Deferred taxes	15.9	−16.1	−17.8	−17.4	−20.3	−8.0
Non-cash items	35.6	24.7	24.2	−227	14.9	37.6
Changes in working capital	−73.7	341	138	14.7	315	2,469
Cash from operations	360	481	374	148	657	2,640
Investing activities
Capital expenditures	−12.6	−64.8	−16.4	−11.3	−4.1	−2.8
Other investing cash flows	−1,842	−2,414	−1,739	3,320	1,237	−2,933
Cash from investing	−1,854	−2,479	−1,755	3,309	1,233	−2,935
Financing activities
Financing cash flow items	648	2,243	−489	−5,257	−3,799	5,086
Cash dividends paid	−17.2	−17.2	−17.2	−17.2	−18.7	−9.8
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−226	−282	119	−1,117	668	0
Cash from financing	404	1,944	−388	−6,391	−3,150	5,076
Foreign exchange effects	–	–	–	–	–	–
Net change in cash	−1,090	−54.0	−1,769	−2,934	−1,260	4,781
Free cash flow	348	416	357	137	653	2,637

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.