Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Get Free Report) insider Ellen Detrich sold 2,045 shares of Texas Capital Bancshares stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $100.03, for a total transaction of $204,561.35. Following the completion of the transaction, the insider directly owned 7,529 shares of the company’s stock, valued at $753,125.87. This trade represents a 21.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Texas Capital Bancshares Stock Up 0.3%
NASDAQ:TCBI opened at $98.71 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average of $101.38 and a 200-day moving average of $99.59. The firm has a market capitalization of $4.29 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 1.44 and a beta of 0.67. Texas Capital Bancshares, Inc. has a 52 week low of $75.41 and a 52 week high of $108.92.
Texas Capital Bancshares (NASDAQ:TCBI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The bank reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.01. Texas Capital Bancshares had a return on equity of 10.86% and a net margin of 17.90%.The business had revenue of $335.50 million for the quarter, compared to the consensus estimate of $333.37 million. During the same quarter last year, the business posted $1.63 EPS. The business’s revenue was up 9.1% on a year-over-year basis. Analysts predict that Texas Capital Bancshares, Inc. will post 7.41 EPS for the current year.
Texas Capital Bancshares Dividend Announcement
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Fundamental Research set a $110.00 price target on shares of Texas Capital Bancshares in a research note on Wednesday, July 1st. TD Cowen reduced their price objective on Texas Capital Bancshares from $109.00 to $106.00 and set a “hold” rating for the company in a research report on Monday. Stephens lowered their target price on Texas Capital Bancshares from $116.00 to $112.00 and set an “overweight” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada lifted their target price on Texas Capital Bancshares from $110.00 to $114.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Finally, Citigroup boosted their price target on Texas Capital Bancshares from $105.00 to $107.00 and gave the stock a “neutral” rating in a research report on Friday. Four investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Texas Capital Bancshares has a consensus rating of “Hold” and a consensus price target of $105.83.
View Our Latest Report on Texas Capital Bancshares
Institutional Investors Weigh In On Texas Capital Bancshares
A number of institutional investors and hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Texas Capital Bancshares by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,603 shares of the bank’s stock worth $2,062,000 after purchasing an additional 1,206 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Texas Capital Bancshares by 3.7% during the first quarter. Goldman Sachs Group Inc. now owns 560,070 shares of the bank’s stock valued at $41,837,000 after purchasing an additional 20,231 shares during the last quarter. United Services Automobile Association bought a new stake in Texas Capital Bancshares during the first quarter worth approximately $230,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Texas Capital Bancshares by 29.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,761 shares of the bank’s stock worth $8,050,000 after buying an additional 24,538 shares in the last quarter. Finally, Invesco Ltd. grew its position in Texas Capital Bancshares by 34.0% in the second quarter. Invesco Ltd. now owns 149,559 shares of the bank’s stock worth $11,875,000 after buying an additional 37,982 shares during the last quarter. 96.88% of the stock is owned by institutional investors and hedge funds.
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.
Featured Stories
- Five stocks we like better than Texas Capital Bancshares
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Receive News & Ratings for Texas Capital Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Capital Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
