Texas Capital Bancshares, Inc. (TCBI)
Texas Capital Bancshares, Inc. (TCBI) is a financial holding company that provides a range of banking and financial services primarily in Texas. Through its subsidiary, Texas Capital Bank, the company offers commercial banking, wealth management, and other financial solutions tailored to middle-market and corporate clients. Founded in 1998 and headquartered in Dallas, TCBI focuses on relationship-based banking, emphasizing personalized service and community engagement.
Company News
Experienced financial advisor Jakub Kubrak founded Kubrak Wealth Advisors, an independent fiduciary firm focused on providing comprehensive financial planning services for retirees, families, and business owners, leveraging his experience from top financial institutions.
Texas Capital Bancshares, Inc. (TCBI) announced a quarterly cash dividend of $14.375 per share of its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, payable on March 17, 2025.
Texas Capital's (TCBI) benefits from growth in net interest income and loan balance. However, a rise in expenses, along with weak asset quality, acts as headwinds.
Other banks trading below tangible book value include Capital One and Citigroup.
Despite exposure to the mortgage sector, this well-run bank remains cheap.
