secwatch.observer — SEC 8-K summary
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Issuer:     TEXAS CAPITAL BANCSHARES INC/TX (TCBI)
CIK:        0001077428
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001077428-25-000075
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TCBI Q1 EPS $0.92 vs $0.46 YoY; net income $47M; shareholders reject say-on-pay
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- Net income available to common stockholders $42.7M ($0.92 diluted EPS) vs $21.8M ($0.46) a year ago; QoQ down from $1.43.
- Total deposits grew 9% YoY to $26.05B; total loans held for investment up 7% to $22.38B.
- CET1 ratio 11.6%, Total Capital 15.6%; all regulatory ratios above well-capitalized thresholds.
- Say-on-pay advisory vote failed: 21.8M against, 19.4M for (excluding broker non-votes of 2.2M).
- Pre-provision net revenue $77.5M; net charge-offs $9.8M; criticized loans $762.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1077428/000107742825000075/0001077428-25-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1077428/000107742825000075/tcbi-20250417.htm
  HTML page:      https://secwatch.observer/filing/0001077428-25-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer