Recap: Texas Capital Bancshares Q1 Earnings

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Texas Capital Bancshares TCBI reported its Q1 earnings results on Thursday, April 20, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Texas Capital Bancshares missed estimated earnings by 18.6%, reporting an EPS of $0.7 versus an estimate of $0.86.

Revenue was up $68.92 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 5.63% increase in the share price the next day.

Here's a look at Texas Capital Bancshares's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.94 1.01 0.74 0.73
EPS Actual 0.87 0.74 0.59 0.69
Revenue Estimate 273.83M 257.74M 221.95M 213.99M
Revenue Actual 525.27M 264.41M 231.77M 203.83M

To track all earnings releases for Texas Capital Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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