Mark Midkiff
On May 10, 2024, the Board of Directors (the “Board”) of Texas Capital Bancshares, Inc. (the “Company”) elected Mark Midkiff as a member of the Board, effective June 1, 2024.
Highest-materiality recent filing
Q1 2026 net income available to common stockholders $69.5M ($1.56 EPS), up from $42.7M year-over-year.
Texas Capital Q4 net income $96.3M, EPS $2.12, up 44% YoY; $200M buyback authorized
Q4 2025 net income available to common stockholders of $96.3M vs $66.7M in Q4 2024, up 44%.
Texas Capital Q3 2025: record net income $105.2M, EPS $2.18, ROAA 1.30%
Record net income $105.2M ($100.9M to common) vs net loss of $61.3M in Q3 2024.
Texas Capital Q2 net income up 86% YoY to $77.3M, diluted EPS $1.58
Net income available to common stockholders $73.0M, up 95% YoY; adjusted EPS $1.63.
TCBI Q1 EPS $0.92 vs $0.46 YoY; net income $47M; shareholders reject say-on-pay
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.
Texas Capital Q4 EPS $1.43 vs $0.33 YoY; announces $200M buyback
Q4 net income available to common $66.7M ($1.43 diluted EPS) vs $15.8M ($0.33) in Q4 2023.
Texas Capital CEO Rob Holmes to become Chairman; Stallings to serve as Lead Independent Director
Rob C. Holmes elected Chairman of the Board, effective after 2025 annual meeting.
Texas Capital posts Q3 net loss of $65.6M / ($1.41 EPS) on $179.6M securities loss
Net loss available to common stockholders of $65.6M ($1.41 diluted loss per share); net income of $37.4M in Q2 2024.
Texas Capital announces $400M healthcare acquisition, $1.24B bond repositioning, expense cuts
Acquired ~$400M healthcare committed exposure; expected close in September 2024.
CEO Rob Holmes signs new 4-year employment agreement with $1.1M base salary; cash incentive target of 200% in 2024 and 180% from 2025, LTI target 400% of base.
Texas Capital Bancshares Q2 net income $41.7M, EPS $0.80 vs $1.33 YoY
Q2 2024 net income $41.7M, EPS $0.80 vs Q2 2023 net income $68.7M, EPS $1.33.
Texas Capital appoints David Oman as CRO effective June 10, 2024
David Oman named Chief Risk Officer, succeeding Tim Storms, who will retire next month and remain advisor through 2024.
Texas Capital Bancshares Q1 net income $26.1M ($0.46 EPS); CRO Storms to retire June 15
Net income available to common stockholders $21.8M ($0.46 diluted EPS), vs $15.8M ($0.33) Q4 2023 and $34.3M ($0.70) Q1 2023.
TCBI Q4 net income $20.2M / $0.33 EPS; FDIC charge $19.9M; new $150M buyback
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.
Texas Capital Q3 EPS $1.18 misses Q2; provision jumps to $18M on criticized loan growth
Diluted EPS of $1.18, down from $1.33 in Q2 but up from $0.74 a year ago.
Texas Capital Q2 net income $68.7M, diluted EPS $1.33 vs $0.59 YoY; NIM 3.29%
Net income available to common stockholders $64.3M ($1.33 diluted EPS) vs $29.8M ($0.59) in Q2 2022.
Texas Capital Q1 net income $38.7M, EPS $0.70; net interest margin 3.33%; board changes
Q1 net income available to common $34.3M ($0.70 diluted EPS) vs $35.3M ($0.69) in Q1 2022.
Texas Capital Q4 net income $217.3M, EPS $4.23; announces $150M buyback
Q4 net income available to common $212.9M ($4.23 diluted EPS) vs $37.1M ($0.74) in Q3 2022.
Sale of BankDirect and loan portfolio to AFCO Credit Corp. (Truist) closed Nov 1, 2022 for ~$3.4B in cash.
Texas Capital completes sale of insurance premium finance business for ~$3.4B cash
Sale of BankDirect to AFCO Credit (Truist subsidiary) closed Nov 1, 2022.
Texas Capital Q3 EPS $0.74 beats Q2 $0.59; appoints John Cummings as CAO
Q3 net income available to common $37.1M ($0.74 diluted EPS) vs $29.8M ($0.59) last quarter and $39.1M ($0.76) a year ago.
Texas Capital Bancshares sells insurance premium finance business for ~$3.4B
Sale of BankDirect Capital Finance LLC and a $3.4B loan portfolio (based on June 30, 2022 NAV plus premium) to AFCO Credit Corporation.
Texas Capital sells insurance premium finance unit for ~$3.4B to Truist's AFCO
Purchase price ~$3.4B in cash for BankDirect unit with $3.1B loan portfolio, an 8.5% premium.
Texas Capital Q2 EPS $0.59 vs $1.31 YoY; net income down 54%; loans up 11% QoQ
Net income available to common $29.8M ($0.59 diluted EPS) vs $67.2M ($1.31) in Q2 2021 and $35.3M ($0.69) in Q1 2022.
Texas Capital Q1 EPS $0.69 vs $1.19 Q4; announces $150M share buyback
Net income $39.7M, diluted EPS $0.69, down from $65.1M ($1.19) in Q4 2021 and $71.9M ($1.33) in Q1 2021.
Texas Capital Q4 net income $65.1M ($1.19 EPS); full year EPS $4.60 vs $1.12; credit improves
Q4 2021 net income $65.1M ($1.19 diluted EPS), vs $43.4M ($0.76) Q3 and $60.2M ($1.14) Q4 2020.
Texas Capital Bancshares appoints Matt Scurlock as CFO, effective Jan 1, 2022
Julie Anderson to step down as CFO on Dec 31, 2021; remain in advisory role through Mar 31, 2022.
Texas Capital Q3 EPS $0.76, down 41% linked quarter; $12M software write-off
Net income $43.4M ($0.76 diluted EPS) vs $73.5M ($1.31) in Q2 2021, down 41% linked quarter.
Plans to more than double client-facing professionals across Texas by 2025.
Texas Capital Q2 net income $73.5M ($1.31 EPS) vs year-ago loss; appoints new director
Net income $73.5M ($1.31 diluted EPS) vs net loss $34.3M ($0.73 loss) in Q2 2020; negative provision $19M.
On May 10, 2024, the Board of Directors (the “Board”) of Texas Capital Bancshares, Inc. (the “Company”) elected Mark Midkiff as a member of the Board, effective June 1, 2024.
Tim J. Storms, Managing Director and Chief Risk Officer of the Company and Texas Capital Bank, informed the Company that he plans to retire on or around June 15, 2024.
elected Laura L. Whitley as a new member of the Board
Larry L. Helm retired from the Company’s board of directors effective April 18, 2023 pursuant to the Company’s director retirement guidelines.
the Board of Directors appointed Robert W. Stallings as Chairman of the Board
On October 18, 2022, the Board of Directors of the Company appointed John Cummings, age 62, to serve as Chief Administrative Officer of the Company
On May 16, 2022, the Board of Directors of Texas Capital Bancshares, Inc. (the “Company”) elected Thomas E. Long as a member of the Board.
On December 9, 2021, Texas Capital Bancshares, Inc. (the “Company”), the parent company of Texas Capital Bank (the “Bank”), announced that, effective December 31, 2021, Julie L. Anderson will cease serving as the Chief Financial Officer (“CFO”) of the Company and the Bank and will transition into an advisory role for the Company until March 31, 2022.
On December 9, 2021, the Company also announced that, effective January 1, 2022, the Board of Directors has appointed John M. (“Matt”) Scurlock, age 40, as CFO of the Company and the Bank.
On July 20, 2021, the Board of Directors of the Company (the “Board”) elected Paola Arbour as a member of the Board.
Max materiality 0.90 · Median 0.70 · Most common event earnings