{"schema_version":"secwatch.filing_event.v1","accession":"0001077428-22-000124","form_type":"8-K","ticker":"TCBI","cik":"0001077428","company_name":"TEXAS CAPITAL BANCSHARES INC/TX","filed_at":"2022-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.900068+00:00","generated_at":"2026-06-23T14:59:15.901212+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Texas Capital sells insurance premium finance unit for ~$3.4B to Truist's AFCO","bullets":["Purchase price ~$3.4B in cash for BankDirect unit with $3.1B loan portfolio, an 8.5% premium.","Expected to increase Common Equity Tier 1 ratio by 199 bps and tangible book value per share by 6.5%.","Transaction expected to close in Q4 2022, subject to customary conditions.","Texas Capital reaffirms guidance of achieving year-over-year quarterly operating leverage by year-end.","Divestiture supports strategic transformation to focus on core Texas commercial client strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001077428-22-000124","json":"https://secwatch.observer/filing/0001077428-22-000124.json","markdown":"https://secwatch.observer/filing/0001077428-22-000124.md","text":"https://secwatch.observer/filing/0001077428-22-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1077428/000107742822000124/0001077428-22-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1077428/000107742822000124/tcbi-20220905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T14:59:15.901212+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}