Texas Capital Q2 net income $68.7M, diluted EPS $1.33 vs $0.59 YoY; NIM 3.29%

TEXAS CAPITAL BANCSHARES INC/TX

2023-Q2 EPS reported $2.02

Net income available to common stockholders $64.3M ($1.33 diluted EPS) vs $29.8M ($0.59) in Q2 2022.
Net interest income $232M, net interest margin 3.29% (+61 bps YoY); total cost of deposits 2.37%.
Provision for credit losses $7M vs $28M in Q1 2023; net charge-offs $8.2M vs $19.9M.
Non-accrual LHI ratio improved to 0.38% from 0.47% QoQ; CET1 ratio 12.2% (well-capitalized).
Balance sheet: total deposits $23.3B, total LHI $21.3B; tangible common equity / tangible assets 9.6%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TEXAS CAPITAL BANCSHARES INC/TX reported the fiscal quarter ended June 30, 2023 results: net income $64.3 million, EPS $1.33 per diluted share.

Period: the fiscal quarter ended June 30, 2023
Net income: $64.3 million
EPS: $1.33 per diluted share
Result: reported results

Exact text from the filing

Net income available to common stockholders was $64.3 million, or $1.33 per diluted share, for the second quarter of 2023

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

TEXAS CAPITAL BANCSHARES INC/TX filing history →

Source: SEC EDGAR

accession 0001077428-23-000152

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