---
schema_version: "secwatch.filing_event.v1"
accession: "0001077428-24-000002"
form_type: "8-K"
ticker: "TCBI"
cik: "0001077428"
company_name: "TEXAS CAPITAL BANCSHARES INC/TX"
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T21:41:26.327996+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TCBI Q4 net income $20.2M / $0.33 EPS; FDIC charge $19.9M; new $150M buyback

## Summary
- Q4 2023 net income available to common stockholders $15.8M ($0.33 diluted EPS), vs $57.4M ($1.18) in Q3 and $212.9M ($4.23) year ago.
- FDIC special assessment expense of $19.9M ($0.32 per share) hurt Q4 results; provision for credit losses $19.0M, net charge-offs $13.8M.
- Net interest income $214.7M vs $232.1M in Q3; net interest margin 2.93%, down 20 bps QoQ.
- Book value and tangible book value per share both rose 6.1% to record levels; CET1 ratio 12.6%.
- Board authorized new $150M share repurchase program through Jan 2025; Q4 repurchased 809,623 shares for $44.8M at $54.90/share.

## SEC filing metadata
- accession: 0001077428-24-000002
- form_type: 8-K
- ticker: TCBI
- cik: 0001077428
- company_name: TEXAS CAPITAL BANCSHARES INC/TX
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1077428/000107742824000002/0001077428-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1077428/000107742824000002/tcbi-20240118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001077428-24-000002
- JSON: https://secwatch.observer/filing/0001077428-24-000002.json
- Plain text: https://secwatch.observer/filing/0001077428-24-000002.txt

## Key facts
- Earnings Releases
  TEXAS CAPITAL BANCSHARES INC/TX reported the fourth quarter and full year of 2023 results: net income $15.8 million, EPS $0.33 per diluted share.
  - Period: the fourth quarter and full year of 2023
  - Net income: $15.8 million
  - EPS: $0.33 per diluted share
  - Result: reported results
  source text: Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the fourth quarter and full year of 2023. Net income available to common stockholders was $15.8 million, or $0.33 per diluted share, for the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1077428/000107742824000002/0001077428-24-000002-index.htm

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