---
schema_version: "secwatch.filing_event.v1"
accession: "0001077428-23-000002"
form_type: "8-K"
ticker: "TCBI"
cik: "0001077428"
company_name: "TEXAS CAPITAL BANCSHARES INC/TX"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T13:47:17.222725+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Texas Capital Q4 net income $217.3M, EPS $4.23; announces $150M buyback

## Summary
- Q4 net income available to common $212.9M ($4.23 diluted EPS) vs $37.1M ($0.74) in Q3 2022.
- Results include $248.5M pre-tax gain on sale of BankDirect Capital Finance subsidiary.
- Net interest margin expanded to 3.26% (+21 bps QoQ); CET1 ratio 13.0% (record).
- Repurchased 1.14M shares for $65.3M in Q4; board authorized new $150M buyback program.
- Credit: net charge-offs $15M (vs $2.7M Q3), criticized loans $513.2M, allowance/LHI 1.43%.

## SEC filing metadata
- accession: 0001077428-23-000002
- form_type: 8-K
- ticker: TCBI
- cik: 0001077428
- company_name: TEXAS CAPITAL BANCSHARES INC/TX
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000002/0001077428-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000002/tcbi-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001077428-23-000002
- JSON: https://secwatch.observer/filing/0001077428-23-000002.json
- Plain text: https://secwatch.observer/filing/0001077428-23-000002.txt

## Key facts
- Earnings Releases
  TEXAS CAPITAL BANCSHARES INC/TX reported the fourth quarter of 2022 results: net income net income available to common stockholders of $212.9 million, EPS $4.23 per diluted share.
  - Period: the fourth quarter of 2022
  - Net income: net income available to common stockholders of $212.9 million
  - EPS: $4.23 per diluted share
  - Result: reported results
  source text: Net income available to common stockholders was $212.9 million, or $4.23 per diluted share, for the fourth quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000002/0001077428-23-000002-index.htm
- Earnings Releases
  TEXAS CAPITAL BANCSHARES INC/TX reported the full year of 2022 results: net income $315,228, EPS $6.18.
  - Period: the full year of 2022
  - Net income: $315,228
  - EPS: $6.18
  - Result: reported results
  source text: Net income available to common stockholders $ 212,939 $ 37,105 $ 60,817 $ 315,228 $ 235,218
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077428/000107742823000002/0001077428-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.