earnings
confidence high
sentiment neutral
materiality 0.80
Texas Capital Bancshares Q1 Net Income Up 63% to $69.5M; Initiates $0.20 Dividend, Redomestication Rejected
TEXAS CAPITAL BANCSHARES INC/TX
2026-Q1 EPS reported
$1.56
- Q1 2026 net income available to common stockholders $69.5M ($1.56 EPS), up from $42.7M year-over-year.
- Board initiates first quarterly common stock dividend of $0.20 per share, payable June 15, 2026.
- John Cummings appointed Chief Operating Officer, effective April 16, 2026.
- Shareholders rejected redomestication from Delaware to Texas (18.2M for, 22.0M against).
- Non-accrual loans rose to $144.9M (0.58% of LHI) and net charge-offs were $17.4M.