NASDAQ : TCBI
Texas Capital Bancshares, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 102.69 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 4.36B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 1.46B | 1.45B | 1.38B | 1.30B | 983.79M | 820.48M |
| Interest Income on Investments | 297.28M | 326.78M | 351.62M | 329.27M | 160.45M | 56.05M |
| Total Interest Income | 1.76B | 1.77B | 1.73B | 1.63B | 1.14B | 876.53M |
| Interest Paid on Deposits | 662.71M | 697.77M | 736.20M | 587.77M | 190.66M | 65.51M |
| Interest Paid on Borrowings | 40.27M | 45.38M | 92.05M | 128.03M | 77.82M | 42.24M |
| Total Interest Expense | 702.98M | 743.15M | 828.25M | 715.80M | 268.48M | 107.75M |
| Net Interest Income | 1.06B | 1.03B | 901.30M | 914.12M | 875.76M | 768.78M |
| Trust Income | 18.30M | 15.90M | 15.31M | 13.96M | 15.04M | 13.17M |
| Income From Trading Activities | 39.00M | 27.09M | 21.64M | 22.51M | 10.08M | |
| Gain (Loss) on Sale of Assets | 248.53M | |||||
| Gain (Loss) on Sale of Investments | -1.89M | -179.58M | 489.00K | |||
| Other Non-Interest Income | 192.87M | 153.49M | 148.13M | 103.59M | 52.61M | 106.06M |
| Total Non-Interest Income | 286.07M | 227.14M | 31.05M | 161.42M | 349.52M | 138.29M |
| Revenues Before Loan Losses | 1.34B | 1.26B | 932.35M | 1.08B | 1.23B | 907.07M |
| Provision for Loan Losses | 62.00M | 55.00M | 67.00M | 72.00M | 66.00M | -30.00M |
| Revenue | 1.28B | 1.20B | 865.35M | 1.00B | 1.16B | 937.07M |
| Salaries and Employee Benefits | 449.89M | 443.74M | 441.88M | 435.50M | 413.47M | 318.87M |
| Occupancy Expenses | 18.54M | 18.54M | 17.57M | 38.49M | 44.22M | 33.23M |
| Federal Deposit Insurance | 19.17M | 20.11M | 20.55M | 36.77M | 14.34M | 21.03M |
| Selling, General & Administrative | 259.21M | 232.25M | 221.61M | 196.24M | 198.93M | 157.67M |
| Other Non-Interest Expense | 62.56M | 55.62M | 53.87M | 49.94M | 56.56M | 68.21M |
| Total Non-Interest Expense | 809.38M | 770.27M | 755.49M | 756.95M | 727.53M | 599.01M |
| EBT Excluding Unusual Items | 472.21M | 430.51M | 109.86M | 246.59M | 431.75M | 338.06M |
| Other Unusual Items | 2.20M | 2.20M | -2.80M | |||
| Pretax Income | 474.41M | 432.71M | 107.06M | 246.59M | 431.75M | 338.06M |
| Income Tax Expense | 111.31M | 102.47M | 29.55M | 57.45M | 99.28M | 84.12M |
| Net Income | 363.10M | 330.24M | 77.51M | 189.14M | 332.48M | 253.94M |
| Preferred Dividends & Other Adjustments | 17.25M | 17.25M | 17.25M | 17.25M | 17.25M | 18.72M |
| Net Income to Common | 345.85M | 312.99M | 60.26M | 171.89M | 315.23M | 235.22M |
| Basic Shares Outstanding | 43.93M | 45.64M | 46.56M | 48.05M | 50.46M | 50.58M |
| Diluted Shares Outstanding | 44.42M | 46.13M | 46.99M | 48.61M | 51.05M | 51.14M |
| EPS (Basic) | 7.87 | 6.86 | 1.29 | 3.58 | 6.25 | 4.65 |
| EPS (Diluted) | 7.79 | 6.79 | 1.28 | 3.54 | 6.18 | 4.60 |
| Effective Tax Rate | 23.46% | 23.68% | 27.60% | 23.30% | 22.99% | 24.88% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.56B | 2.07B | 3.12B | 3.12B | 4.92B | 7.91B |
| Investment Securities | 52.13M | 52.80M | 364.47M | 806.88M | 818.55M | 358.43M |
| Trading Asset Securities | 14.46M | 44.82M | 23.20M | 32.94M | 13.50M | 37.79M |
| Mortgage-Backed Securities | 4.76B | 4.67B | 4.03B | 3.34B | 2.77B | 3.23B |
| Total Investments | 4.83B | 4.76B | 4.42B | 4.18B | 3.60B | 3.62B |
| Gross Loans | 24.08B | 24.15B | 22.54B | 20.42B | 19.35B | 22.87B |
| Allowance for Loan Losses | -270.33M | -270.56M | -271.71M | -249.97M | -253.47M | -211.87M |
| Other Adjustments to Gross Loans | -106.80M | -92.76M | -80.26M | -63.58M | -65.01M | |
| Net Loans | 23.81B | 23.77B | 22.18B | 20.09B | 19.03B | 22.60B |
| Property, Plant & Equipment | 89.01M | 251.89M | 251.64M | 120.18M | 106.27M | 76.23M |
| Goodwill | 1.50M | 1.50M | 1.50M | 1.50M | 1.50M | 15.09M |
| Other Intangible Assets | 2.17M | |||||
| Loans Held for Sale | 28.68M | 4.36M | 44.10M | 36.36M | 8.12M | |
| Accrued Interest Receivable | 125.60M | 124.60M | 122.40M | 129.00M | 108.50M | 57.50M |
| Restricted Cash | 113.10M | 29.50M | 71.30M | 119.00M | 89.20M | 40.30M |
| Long-Term Deferred Tax Assets | 108.32M | 158.32M | 185.06M | 182.41M | 66.34M | |
| Other Long-Term Assets | 788.30M | 416.85M | 411.55M | 366.86M | 334.86M | 342.94M |
| Total Assets | 32.35B | 31.54B | 30.73B | 28.36B | 28.41B | 34.73B |
| Interest Bearing Deposits | 20.71B | 18.89B | 17.26B | 14.67B | 12.98B | 14.53B |
| Institutional Deposits | 600.07M | 495.49M | 376.37M | 258.44M | 186.03M | |
| Non-Interest Bearing Deposits | 7.01B | 6.96B | 7.49B | 7.33B | 9.62B | 13.39B |
| Total Deposits | 27.72B | 26.45B | 25.24B | 22.37B | 22.86B | 28.11B |
| Short-Term Borrowings | 140.10M | 354.46M | 942.91M | 1.57B | 92.90M | 40.62M |
| Current Portion of Long-Term Debt | 134.51M | 199.50M | 1.20B | 2.20B | ||
| Current Portion of Leases | 24.89M | 234.00K | ||||
| Accrued Interest Payable | 8.56M | 6.72M | 23.68M | 33.23M | 24.00M | 7.70M |
| Long-Term Debt | 373.86M | 372.66M | 546.94M | 546.24M | 818.04M | 815.33M |
| Long-Term Leases | 206.19M | 224.97M | 111.07M | 106.69M | 69.44M | |
| Trust Preferred Securities | 113.41M | 113.41M | 113.41M | 113.41M | 113.41M | 113.41M |
| Other Long-Term Liabilities | 505.94M | 247.30M | 273.21M | 210.91M | 147.38M | 166.26M |
| Total Liabilities | 28.86B | 27.91B | 27.36B | 25.16B | 25.36B | 31.52B |
| Preferred Stock, Non-Redeemable | 300.00M | 300.00M | 300.00M | 300.00M | 300.00M | 300.00M |
| Total Preferred Equity | 300.00M | 300.00M | 300.00M | 300.00M | 300.00M | 300.00M |
| Common Stock | 520.00K | 518.00K | 515.00K | 511.00K | 509.00K | 506.00K |
| Additional Paid-In Capital | 1.09B | 1.07B | 1.06B | 1.05B | 1.03B | 1.01B |
| Retained Earnings | 3.04B | 2.81B | 2.50B | 2.44B | 2.26B | 1.95B |
| Treasury Stock | -689.41M | -487.69M | -301.84M | -220.33M | -115.31M | -8.00K |
| Comprehensive Income & Other | -250.62M | -64.58M | -183.11M | -362.00M | -418.94M | -47.72M |
| Total Common Equity | 3.19B | 3.33B | 3.07B | 2.90B | 2.76B | 2.91B |
| Shareholders' Equity | 3.49B | 3.63B | 3.37B | 3.20B | 3.06B | 3.21B |
| Total Liabilities & Equity | 32.35B | 31.54B | 30.73B | 28.36B | 28.41B | 34.73B |
| Total Debt | 627.37M | 1.21B | 1.83B | 2.54B | 2.33B | 3.24B |
| Net Cash (Debt) | 1.95B | 908.33M | 1.31B | 615.66M | 2.61B | 4.71B |
| Net Cash Per Share | 43.86 | 19.69 | 27.93 | 12.67 | 51.04 | 92.01 |
| Filing Date Shares Outstanding | 42.43M | 44.18M | 46.01M | 47.41M | 48.23M | 50.63M |
| Total Common Shares Outstanding | 42.43M | 44.25M | 46.23M | 47.24M | 48.78M | 50.62M |
| Book Value Per Share | 75.13 | 75.28 | 66.36 | 61.37 | 56.48 | 57.48 |
| Tangible Book Value | 3.19B | 3.33B | 3.07B | 2.90B | 2.75B | 2.89B |
| Tangible Book Value Per Share | 75.09 | 75.25 | 66.32 | 61.34 | 56.45 | 57.14 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 363.10M | 330.24M | 77.51M | 189.14M | 332.48M | 253.94M |
| Depreciation & Amortization | 55.94M | 52.17M | 54.23M | 40.47M | 45.28M | 93.41M |
| Gain (Loss) on Sale of Assets | -248.53M | |||||
| Gain (Loss) on Sale of Investments | -2.51M | 1.89M | 179.58M | -489.00K | ||
| Provision for Credit Losses | 62.00M | 55.00M | 67.00M | 72.00M | 66.00M | -30.00M |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -2.98M | 62.52M | 119.24M | -29.33M | 262.70M | |
| Accrued Interest Receivable | -50.14M | -57.77M | -1.61M | -78.61M | -25.48M | 154.11M |
| Other Operating Activities | 20.26M | 11.96M | -16.09M | -17.78M | -17.39M | -36.70M |
| Operating Cash Flow | 528.78M | 360.15M | 480.09M | 373.74M | 147.97M | 657.32M |
| Capital Expenditures | -10.16M | -12.57M | -64.84M | -16.38M | -11.27M | -4.13M |
| Investment in Securities | -384.61M | -199.82M | -247.01M | -507.96M | -388.45M | -489.97M |
| Income (Loss) Equity Investments | -1.17M | -1.17M | -6.62M | -3.57M | ||
| Divestitures | 3.32B | |||||
| Purchase / Sale of Intangibles | 115.89M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 24.47M | -1.64B | -2.17B | -1.23B | 384.12M | 1.61B |
| Investing Cash Flow | -370.29M | -1.85B | -2.48B | -1.76B | 3.31B | 1.23B |
| Short-Term Debt Issued | 298.86M | |||||
| Long-Term Debt Issued | 639.44M | |||||
| Total Debt Issued | 397.51M | 298.86M | 639.44M | |||
| Short-Term Debt Repaid | -555.00M | -615.00M | -1.00B | -908.92M | ||
| Long-Term Debt Repaid | -40.44M | -200.00M | -75.00M | -111.00M | ||
| Total Debt Repaid | -784.52M | -595.43M | -815.00M | -75.00M | -1.00B | -1.02B |
| Net Debt Issued (Repaid) | -387.01M | -595.43M | -815.00M | 223.86M | -1.00B | -380.48M |
| Repurchase of Common Stock | -328.33M | -185.85M | -81.51M | -105.02M | -115.30M | |
| Preferred Stock Issued | 289.72M | |||||
| Preferred Share Repurchases | -150.00M | |||||
| Preferred Dividends Paid | -17.25M | -17.25M | -17.25M | -17.25M | -17.25M | -18.72M |
| Total Dividends Paid | -34.55M | -17.25M | -17.25M | -17.25M | -17.25M | -18.72M |
| Net Increase (Decrease) in Deposit Accounts | 210.26M | 1.21B | 2.87B | -485.04M | -5.25B | -2.89B |
| Other Financing Activities | -9.52M | -7.36M | -9.06M | -4.21M | -4.21M | -3.12M |
| Financing Cash Flow | -549.15M | 404.27M | 1.94B | -387.67M | -6.39B | -3.15B |
| Net Cash Flow | -390.67M | -1.09B | -54.04M | -1.77B | -2.93B | -1.26B |
| Free Cash Flow | 518.62M | 347.58M | 415.25M | 357.36M | 136.70M | 653.19M |
| Free Cash Flow Margin | 40.47% | 28.95% | 47.99% | 35.61% | 11.79% | 69.71% |
| Free Cash Flow Per Share | 11.68 | 7.54 | 8.84 | 7.35 | 2.68 | 12.77 |
| Cash Interest Paid | 720.90M | 760.11M | 837.80M | 773.03M | 252.18M | 111.20M |
| Cash Income Tax Paid | 102.94M | 70.18M | 52.81M | 71.94M | 128.44M | 101.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.46B | 4.13B | 3.61B | 3.10B | 3.01B | 3.05B |
| Last Close Price | 101.77 | 90.17 | 77.88 | 64.37 | 60.06 | 60.01 |
| PE Ratio | 13.47 | 13.20 | 59.97 | 18.05 | 9.55 | 12.96 |
| PS Ratio | 3.51 | 3.44 | 4.18 | 3.09 | 2.60 | 3.25 |
| PB Ratio | 1.35 | 1.14 | 1.07 | 0.97 | 0.98 | 0.95 |
| P/FCF Ratio | 8.68 | 11.89 | 8.70 | 8.69 | 22.02 | 4.67 |
| P/OCF Ratio | 8.52 | 11.47 | 7.53 | 8.30 | 20.34 | 4.64 |
| Debt / Equity Ratio | 0.18 | 0.33 | 0.54 | 0.79 | 0.76 | 1.01 |
| Debt / FCF Ratio | 1.21 | 3.47 | 4.40 | 7.11 | 17.05 | 4.96 |
| Net Debt / Equity Ratio | -0.56 | -0.25 | -0.39 | -0.19 | -0.85 | -1.47 |
| Net Debt / FCF Ratio | -3.76 | -2.61 | -3.16 | -1.72 | -19.06 | -7.20 |
| Return on Equity (ROE) | 10.19% | 9.44% | 2.36% | 6.05% | 10.61% | 8.35% |
| Return on Assets (ROA) | 1.12% | 1.06% | 0.26% | 0.67% | 1.05% | 0.70% |
| Earnings Yield | 7.42% | 7.99% | 2.15% | 6.09% | 11.05% | 8.33% |
| FCF Yield | 11.52% | 8.41% | 11.49% | 11.51% | 4.54% | 21.42% |
| Payout Ratio | 7.70% | 5.22% | 22.26% | 9.12% | 5.19% | 7.37% |
| Buyback Yield / Dilution | 4.40% | 1.83% | 3.33% | 4.77% | 0.18% | -1.10% |