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TCBI News
TCBI Events
Q3 Revenue Reaches $356.63M, Exceeds Consensus
Reports Q3 revenue $356.63M, consensus $339.88M. Reports Q3 CET1 capital ratio 12.2%. "Third quarter results exemplify a steadily improving, and increasingly diversified earnings profile, supported by a business model intentionally built to be resilient to market and rate cycles," said Rob Holmes, chairman, president and CEO. "We continue to effectively serve and grow our client base, leveraging our unique capabilities to support sustained momentum across the platform, despite the challenging economic backdrop."
Texas Capital Bancshares Stock Begins Trading on Texas Stock Exchange
Texas Capital Bancshares, the parent company of Texas Capital, announced that its common and preferred stock have commenced trading on the Texas Stock Exchange, following the transfer of their primary listings from Nasdaq. Texas Capital Bancshares' common and preferred stock began trading on TXSE at market open on October 8 under the ticker symbols, "TCBI" and "TCBI PRB," respectively. The company expects to change the ticker symbols to "TXCP" and "TXCP PRB," respectively, on November 9. No action is required by stockholders in connection with the ticker symbol change.
Company Reports Q2 Revenue of $335.5M, Beating Expectations
Reports Q2 revenue $335.5M, consensus $333.22M. Reports Q2 tangible book value per share $76.98. Reports Q2 CET1 capital ratio 12.1%. "Double-digit year-over-year growth in earnings per share and book value per share, combined with strong capital ratios and operational efficiency, reflect another quarter of consistently improving financial performance earned through continued focus on delivering for our clients," said Rob C. Holmes, Chairman, President & CEO. "The durability of our platform, diversity of our solution set, and dedication of our teams, position us to sustain momentum through the remainder of the year."
Texas Capital Appoints Mo Jamous as Chief Digital Officer
Texas Capital Bancshares (TCBI) announced the appointment of Mo Jamous as managing director, chief digital and information officer, effective immediately. In this role, Jamous will lead the firm's technology strategy and organization, including infrastructure, enterprise architecture, application development, data platforms, artificial intelligence enablement and information security. Jamous will report to Rob Holmes, chairman, president and CEO of Texas Capital, and serve as a member of the firm's operating council. Jamous joins Texas Capital from U.S. Bank (USB), where he most recently served as the chief information officer for consumer, business banking and AI/ML technologies.
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