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Market Overview

Recap: Texas Capital Bancshares Q4 Earnings

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Shares of Texas Capital Bancshares (NASDAQ:TCBI) were flat in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 20.83% over the past year to $1.14, which beat the estimate of $1.13.

Revenue of $265,896,000 decreased by 0.09% from the same period last year, which beat the estimate of $250,270,000.

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: Jan 21, 2021

Time: 05:00 PM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/tcbi/mediaframe/42818/indexr.html

Recent Stock Performance

52-week high: $70.61

52-week low: $19.10

Price action over last quarter: Up 62.92%

Company Profile

Texas Capital Bancshares Inc is a more than $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 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.

 

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Posted-In: BZI-RecapsEarnings