Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Free Report) announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Monday, June 1st will be given a dividend of 0.20 per share by the bank on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Monday, June 1st.
Texas Capital Bancshares Stock Down 0.2%
NASDAQ:TCBI opened at $99.49 on Friday. Texas Capital Bancshares has a fifty-two week low of $70.11 and a fifty-two week high of $108.92. The stock has a market capitalization of $4.34 billion, a P/E ratio of 13.37, a P/E/G ratio of 1.42 and a beta of 0.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.01 and a current ratio of 1.01. The company’s 50-day simple moving average is $98.70 and its 200-day simple moving average is $96.45.
Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The bank reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Texas Capital Bancshares had a net margin of 17.71% and a return on equity of 10.76%. The business had revenue of $323.99 million for the quarter, compared to analysts’ expectations of $318.10 million. During the same period last year, the business earned $0.92 EPS. The company’s revenue was up 15.5% compared to the same quarter last year. On average, equities analysts anticipate that Texas Capital Bancshares will post 7.63 earnings per share for the current fiscal year.
Texas Capital Bancshares Company Profile
Texas Capital Bancshares, Inc is a bank holding company headquartered in Dallas, Texas, operating through its wholly owned subsidiary, Texas Capital Bank. The company specializes in providing commercial banking services to middle-market companies, entrepreneurs, professional service firms, real estate developers, and not-for-profit organizations. Its broad range of offerings includes commercial lending, treasury and cash management, real estate finance, equipment finance, and energy lending, all designed to address the unique financial needs of businesses navigating growth and market challenges.
In addition to its core commercial banking capabilities, Texas Capital Bancshares delivers private banking and wealth management services for business owners and high-net-worth individuals.
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