Texas Capital's (TCBI) Strategic Plan to Aid Despite Cost Woes [Yahoo! Finance]
Texas Capital Bancshares, Inc. (TCBI)
Last texas capital bancshares, inc. earnings: 4/22 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.texascapitalbank.com
Company Research
Source: Yahoo! Finance
Solid balance sheet and decent liquidity support its share repurchase program. However, escalating expenses on technological advancements are worrisome for the bank. Also, deteriorating credit quality on the back of the economic slowdown keeps us apprehensive. The company's revenues witnessed a compound annual growth rate (CAGR) of almost 1% over the last three years (2020-2023). Progress on its strategic plan (announced in September 2021), efforts to expand banking capabilities and focus on client satisfaction are expected to support revenue growth in the quarters ahead. In line with the strategic plan, the company has expanded its product offerings and improved coverage in the potential markets. Management expects 2024 adjusted revenues to grow in the mid-single-digit range. Balance sheet strength remains a key positive for Texas Capital. It continues to demonstrate resilience on a variety of metrics despite a tough operating backdrop. In 2023, net loans held for investments (
Show less
Read more
Impact Snapshot
Event Time:
TCBI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCBI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCBI alerts
High impacting Texas Capital Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
TCBI
News
- Deutsche Bank (DB) Q1 Earnings & Revenues Rise Y/Y, Stock Up [Yahoo! Finance]Yahoo! Finance
- Texas Capital Bancshares, Inc. Announces Quarterly Dividend for Preferred StockGlobeNewswire
- Texas Capital Bancshares, Inc. (NASDAQ: TCBI) had its price target lowered by analysts at Truist Financial Co. from $66.00 to $61.00. They now have a "hold" rating on the stock.MarketBeat
- Texas Capital Bancshares, Inc. (NASDAQ: TCBI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $76.00 to $74.00. They now have an "outperform" rating on the stock.MarketBeat
- Texas Capital Bancshares, Inc. (NASDAQ: TCBI) had its price target lowered by analysts at Stephens from $78.00 to $73.00. They now have an "overweight" rating on the stock.MarketBeat
TCBI
Earnings
- 4/18/24 - Miss
TCBI
Sec Filings
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- TCBI's page on the SEC website