Texas Capital Bancshares: Q3 Earnings Insights

Shares of Texas Capital Bancshares TCBI moved higher by 1.25% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 36.47% over the past year to $1.08, which beat the estimate of $0.59.

Revenue of $267,917,000 decreased by 1.67% year over year, which beat the estimate of $255,350,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 21, 2020

Time: 05:00 PM

ET Webcast URL: https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10148685&linkSecurityString=da8861d574

Recent Stock Performance

Company's 52-week high was at $64.88

52-week low: $19.10

Price action over last quarter: Up 25.23%

Company Description

Texas Capital Bancshares Inc is a $10 billion asset bank that caters to middle-market companies and wealthy people in the Lone Star State. Business loans are the biggest portfolio in the $6 billion loan book, with almost 60% share, followed by commercial real estate at 30%. Construction, consumer, and leasing credits make up the balance. The bank operates in Texas' main metropolitan areas, like Austin, Dallas, Fort Worth, Houston and San Antonio.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: Earnings
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!