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olivLaw · US equity research

Texas Capital Bancshares, Inc. TCBI

State Commercial Banks · SIC 6022 · Vertical: State Commercial Banks (SIC 6022)

106.03USD+2.60% · 1 dayClose 04 Nov 2026

Texas Capital Bancshares is a Dallas-based bank holding company that provides financial solutions to businesses, entrepreneurs and individual clients, with a focus on Texas. In the third quarter of 2026 it reported net income available to common stockholders of 99.4 million USD, and net interest income reached a record 275.0 million USD. The company remains sensitive to credit quality in a difficult economic setting, which makes the evolution of its loan book worth following.

At the close of 04 Nov 2026, Texas Capital Bancshares, Inc. (TCBI) stock was 106.03 USD (+2.60% on the day), with market capitalisation 4.5 bn USD, P/E 13.4 on diluted EPS of 7.88 USD over the last 12 months, beta 1.01, 52-week range 82.64–107.74 USD. Latest reported quarter (Q3 2026): net income of 103.7 m USD (−1.4% YoY), diluted EPS 2.28 USD.

Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.

Market cap
4.5 bn USD
shares as of 20 Oct 2026
P/E (TTM)
13.4
Diluted EPS TTM 7.88 · TTM to 30 Sept 2026
E/P (TTM)
7.44%
TTM to 30 Sept 2026
Dividend yield
unavailable
Beta (2y)
1.01
Volatility (1y) 26%
52-week range
82.64107.74

Price history

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Technical reading

RSI (14)
72.3
overbought (≥ 70)
Bollinger (20, 2)
84.49 – 108.51
in the upper half of the band · %B 0.90 · band width 24.9%
SMA 50 / 200
96.10 / 98.82
mixed trend
MACD (12, 26, 9)
2.78 / 1.61
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyS&P 500vs S&P 500Vertical median
1 month+13.2%−1.1%+14.3 pp—
3 months+6.1%−0.5%+6.5 pp—
6 months+3.6%+4.4%−0.8 pp—
Year to date+17.1%+12.3%+4.8 pp—
1 year+26.6%+13.5%+13.0 pp+23.6%
3 years+83.5%+76.4%+7.1 pp+70.7%
5 years+68.6%+63.7%+5.0 pp—
Max drawdown (1y)
−17.8%
16 Jul 2026 → 14 Oct 2026
Max drawdown (5y)
−38.3%
08 Feb 2022 → 11 May 2023
Compound annual growth (5y)
+11.0%
S&P 500 +10.4%

Price returns, dividends excluded.

Quarterly results

Latest quarter: Q3 2026 · 30 Sept 2026

Revenue
unavailable USD
unavailable YoY
Net income
103.7 m USD
−1.4% YoY
Diluted EPS
2.28
+4.6% YoY
net / operating
unavailable / unavailable

Quarterly statements · USD

Fiscal yearQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Depreciation & amortisation15.3 m9.2 m14.5 m ≈12.6 m ≈15.9 m12.8 m15.6 m ≈11.7 m ≈
Pre-tax income93.5 m60.5 m102.2 m137.8 m132.3 m94.4 m112.0 m135.7 m
Income tax22.5 m13.4 m24.9 m32.6 m31.6 m20.6 m27.1 m32.0 m
Net income71.0 m47.0 m77.3 m105.2 m100.7 m73.8 m84.9 m103.7 m
Diluted EPS1.52 ≈0.921.582.182.21 ≈1.561.832.28
Operating cash flow18.2 m368.0 k63.0 m ≈166.3 m ≈130.5 m87.5 m103.5 m ≈207.3 m ≈
Capex7.4 m2.4 m5.5 m ≈5.0 m ≈-341.0 k1.4 m10.0 m ≈-855.0 k ≈
Dividends paid———0 ≈———8.6 m ≈
Share repurchases-26.0 k31.2 m21.0 m ≈7.1 m ≈126.6 m75.1 m23.6 m ≈103.0 m ≈

≈ derived quarter (cumulative difference / share-days average)

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 43 percentile of its own 40-quarter history (min 5.5, median 16.0, max 267.2; quarters with earnings only).

Fiscal years

Fiscal year20182019202020212022202320242025
Revenueunavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable
Revenue YoYunavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable
Net income293.4 m312.0 m66.3 m253.9 m332.5 m189.1 m77.5 m330.2 m
Net income YoY+49.6%+6.3%−78.8%+283.1%+30.9%−43.1%−59.0%+326.1%
Diluted EPS5.645.991.124.606.183.541.286.79
Diluted EPS YoY+51.2%+6.2%−81.3%+310.7%+34.3%−42.7%−63.8%+430.5%
net %unavailableunavailableunavailableunavailableunavailableunavailableunavailableunavailable
Free cash flow-687.4 m-256.8 m2.6 bn653.2 m136.7 m357.4 m415.2 m347.6 m

Reported results vs expectations

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Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
2.1 bn USD
Financial debt
620.6 m USD
Net debt
-1.5 bn USD
Equity
3.6 bn USD
Total assets
31.5 bn USD
Debt / equity
0.17x
Current ratio
unavailable
ROE
9.4%
ROA
1.1%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (USD)

Income statement · USD

Net interest income
2023
914.1 m
2024
901.3 m
2025
1.0 bn

SEC (XBRL)· 10 Feb 2026verified

Net fee income
2023
161.4 m
2024
31.0 m
2025
227.1 m

SEC (XBRL)· 10 Feb 2026verified

Non-interest expense
2023
756.9 m
2024
758.3 m
2025
768.1 m

SEC (XBRL)· 10 Feb 2026verified

Pre-tax income
2023
246.6 m
2024
107.1 m
2025
432.7 m

SEC (XBRL)· 10 Feb 2026verified

Net income
2023
189.1 m
2024
77.5 m
2025
330.2 m

SEC (XBRL)· 10 Feb 2026verified

Diluted EPS
2023
3.54
2024
1.28
2025
6.79

SEC (XBRL)· 10 Feb 2026verified

Balance sheet · USD

Cash
2023
3.2 bn
2024
3.2 bn
2025
2.1 bn

SEC (XBRL)· 10 Feb 2026verified

Loans
2023
20.1 bn
2024
22.2 bn
2025
23.8 bn

SEC (XBRL)· 10 Feb 2026verified

Total assets
2023
28.4 bn
2024
30.7 bn
2025
31.5 bn

SEC (XBRL)· 10 Feb 2026verified

Deposits
2023
22.4 bn
2024
25.2 bn
2025
26.4 bn

SEC (XBRL)· 10 Feb 2026verified

Long-term debt
2023
859.1 m
2024
660.3 m
2025
620.6 m

SEC (XBRL)· 10 Feb 2026verified

Total liabilities
2023
25.2 bn
2024
27.4 bn
2025
27.9 bn

SEC (XBRL)· 10 Feb 2026verified

Equity
2023
3.2 bn †
2024
3.4 bn †
2025
3.6 bn †

SEC (XBRL)· 10 Feb 2026verified

Cash flow · USD

Share repurchases
2023
105.0 m
2024
81.5 m
2025
185.9 m

SEC (XBRL)· 10 Feb 2026verified

Computed indicators

Growth

Revenue growth (YoY)
-37.4%
computed by olivLawFY 2011
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
Net income growth (YoY)
104.3%
computed by olivLawFY 2011
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
98.0%
computed by olivLawFY 2011
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing

Profitability

Net margin
unavailable
input data missing

Returns

ROE
10.2%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
ROA
1.1%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Payout ratio (EPS)
unavailable
input data missing

Market and valuation

Market capitalisation
4.5 bn USD
computed by olivLawbalance sheet at 30 Sept 2026
Market cap / net income TTM
12.4x
computed by olivLawTTM to 30 Sept 2026
P/E (TTM)
13.4x
computed by olivLawTTM to 30 Sept 2026
Earnings yield
7.4%
computed by olivLawTTM to 30 Sept 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Sept 2026
P/S
unavailable
input data missing
Dividend yield
unavailable
input data missing
Shareholder yield (distributions)
7.3%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026

Banking

Net interest margin
3.3%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Cost-to-income
60.1%
computed by olivLawTTM to 30 Sept 2026
Loan-to-deposit
85.9%
computed by olivLawbalance sheet at 30 Sept 2026
NPL ratio
unavailable
input data missing
CET1 ratio
unavailable
input data missing
Cost of risk
unavailable
input data missing

32 indicators that do not apply to the sector.

Valuation

olivLaw classification

Neutral profile

Score: 42 / 100

A scoring methodology on indicators and valuation, not investment advice.

Closing price

106.03 USD

04 Nov 2026Source: olivLaw, closing series

Market cap: 4.5 bn USD

Key indicators

Market capitalisation
4.5 bn USD
computed by olivLawbalance sheet at 30 Sept 2026
P/E (TTM)
13.4x
computed by olivLawTTM to 30 Sept 2026
P/B
1.3x
computed by olivLawbalance sheet at 30 Sept 2026
ROE
10.2%
computed by olivLawTTM to 30 Sept 2026 · balance sheet at 30 Sept 2026
Net margin
unavailable
input data missing
Revenue growth (YoY)
-37.4%
computed by olivLawFY 2011
Dividend yield
unavailable
input data missing

Coverage and freshness

14/20 reporting lines present
Latest full fiscal year: 2011
Latest reported period: 30 Sept 2026
Latest balance sheet date: 30 Sept 2026
Share count (cover of the latest filing), as of: 20 Oct 2026
Source: SEC (XBRL)published 22 Oct 2026
verified 2128derived 99

Score by group

  • Balance sheet35
  • Quality45
  • Valuation38

Estimated value range

Low
84.63
USD per share
Mid
96.44
USD per share
High
107.43
USD per share
Price: 106.03 USD
The price is within the range
Potential to the central value: -9.0% (value / price − 1)
Margin of safety: -9.9% (1 − price / value)
Agreement between methods: high · 4 methods used · 3 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 81.07 – 122.34 USD.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (USD per share)

— — Mid · ▏ Price

Valuation methods

  • Residual income82.00 – 85.84 (Mid 83.89)
  • Justified P/B81.07 – 109.02 (Mid 92.99)
  • Dividend discount (DDM)unavailable · input data missing
  • Peers: P/E87.26 – 105.84 (Mid 99.89)
    33 companies used · median multiple 12.7x · quartiles 11.1x – 13.4x
    ACNB, ALLY, ASB, AUBN, BANR, BNY, BWFG, CFG, COFS, COSO, EFSI, EWBC, FBP, FHB, FUSB, FVCB, GABC, HTH, ISBA, JMSB, MNSB, MTB, MYFW, NTRS, NWFL, OFG, OPBK, PEBK, PEBO, STT, TCBK, WAL, WTFC
  • Peers: P/B90.56 – 122.34 (Mid 102.84)
    34 companies used · median multiple 1.3x · quartiles 1.1x – 1.5x
    ACNB, ALLY, ASB, AUBN, AVBH, BANR, BWFG, CFG, COFS, COSO, EFSI, EWBC, FBP, FHB, FITB, FUSB, FVCB, GABC, GBCI, HTH, ISBA, JMSB, MNSB, MTB, MYFW, NWFL, OFG, OPBK, PEBK, PEBO, STT, TCBK, WAL, WTFC
Multiple comparisons use the SIC vertical: State Commercial Banks (SIC 6022)

Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.

Assumptions (illustrative, editorial)

Risk-free rate
4.3%
Equity risk premium
5.0%
Beta (default)
1.00
Cost of equity
9.3%
Terminal growth
2.5%

Factor scorecard

Neutral profile · Score 42/100

FactorValueScoreWeight used
ROE · Quality10.2%50 (vs peers)26%
ROA · Quality1.1%51 (on a fixed band)10%
Cost-to-income · Quality60.1%20 (on a fixed band)16%
Net interest margin · Quality3.3%70 (on a fixed band)10%
EPS CAGR 3Y · Growthunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
NPL ratio · Balance sheetunavailableunavailable—
Cost of risk · Balance sheetunavailableunavailable—
Loan-to-deposit · Balance sheet85.9%35 (on a fixed band)6%
P/B · Valuation1.3x47 (vs peers)16%
P/E (TTM) · Valuation13.4x29 (vs peers)16%
Dividend yield · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial35/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality45/100 · 4/4 factors with a value
  • Returns· partialunavailable · 0/1 factors with a value
  • Valuation38/100 · 2/2 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

TEXAS CAPITAL BANCSHARES INC/TX (TCBI). Latest full fiscal year: 2011; data up to 2026-09-30.

Figures computed from the financial statements: net interest income 1.0 bn USD in 2025; YoY growth -37.4%; ROE 10.2%.

The estimated value range is 84.63–107.43 USD per share (median of 4 methods, agreement: high); assumptions are illustrative. Against the central value of 96.44 USD, the price of 106.03 USD leaves a potential of -9.0% (value / price − 1) and a margin of safety of -9.9% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

olivLaw score 42/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance, growth, returns. Not investment advice.

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net interest margin: 3.3%

What contradicts it

  • Cost-to-income: 60.1%
  • P/E (TTM): 13.4x

Not assessed (insufficient data or a ratio without meaning): EPS CAGR 3Y, Revenue CAGR 3Y, NPL ratio, Cost of risk, Dividend yield.

Versus the vertical median

State Commercial Banks (SIC 6022) · same industry (4-digit SIC) · compared with 39 companies

Multiples and returns vs the median

P/E
13.4x
vertical median 12.8x
at median
EV/EBITDA
—
vertical median —
P/S
—
vertical median 16.1x
P/B
1.3x
vertical median 1.3x
at median
ROE
10.2%
vertical median 10.3%
at median
Net margin
—
vertical median 42.0%
EBIT margin
—
vertical median —
Revenue YoY
-37.4%
vertical median 5.9%
below median (−729.6%)
Net debt/EBITDA
—
vertical median —
Dividend yield
—
vertical median 2.7%

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
BNYThe Bank Of New York Mellon Corporation102.8 bn16.815.0%32.6%+7.8%+36% / +216%
FITBFifth Third Bancorp49.4 bn18.49.4%—−2.0%+26% / +89%
STTState Street Corporation47.2 bn13.913.1%23.8%+7.3%+46% / +138%
MTBM&T Bank Corp32.4 bn11.710.7%178.1%+7.5%+18% / +75%
NTRSNorthern Trust Corporation32.2 bn13.718.4%28.8%−2.5%+36% / +125%
CFGCitizens Financial Group Inc27.6 bn13.08.9%25.4%+5.6%+22% / +142%
EWBCEast West Bancorp, Inc.18.4 bn12.916.6%—+4.4%+26% / +113%
ALLYAlly Financial Inc.11.8 bn8.89.9%16.8%−3.3%−5% / +35%
WTFCWintrust Financial Corp10.5 bn11.912.9%347.5%+5.9%+16% / +82%
WALWestern Alliance Bancorporation8.5 bn8.713.3%436.5%+99.7%−3% / +55%
GBCIGlacier Bancorp, Inc.6.5 bn18.68.8%308.8%+7.5%+17% / +48%
ASBAssociated Banc-Corp5.8 bn10.810.2%—−11.0%+19% / +77%
TCBITexas Capital Bancshares Inc4.5 bn13.410.2%—unavailable+27% / +84%
FBPFirst Bancorp4.1 bn11.219.5%29.0%+2.4%+34% / +77%
FHBFirst Hawaiian, Inc.3.1 bn11.69.9%30.3%+8.9%+4% / +32%
BANRBanner Corporation2.6 bn12.210.0%—unavailable+14% / +59%
OFGOFG Bancorp2.2 bn10.116.1%—unavailable+30% / +53%
HTHHilltop Holdings Inc.2.1 bn15.76.6%—unavailable+10% / +28%
GABCGerman American Bancorp, Inc.1.9 bn13.412.5%28.2%+37.8%+28% / +76%
TCBKTriCo Bancshares1.7 bn12.910.4%249.7%+4.1%+12% / +57%
PEBOPeoples Bancorp Inc.1.4 bn11.710.1%136.3%+2.3%+34% / +35%
ACNBAcnb Corporation686.6 m12.813.3%27.1%+45.1%+39% / +73%
BWFGBankwell Financial Group, Inc.584.1 m12.914.5%1,437.5%+44.0%+60% / +172%
COFSChoiceOne Financial Services, Inc.562.5 m10.412.0%42.0%+63.6%+24% / +50%
NWFLNorwood Financial Corp398.9 m12.711.2%338.1%+8.1%+28% / +32%

1- and 3-year price returns: for TCBI from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

In brief

Texas Capital Bancshares is a Dallas-based bank holding company that provides financial solutions to businesses, entrepreneurs and individual clients, with a focus on Texas. In the third quarter of 2026 it reported net income available to common stockholders of 99.4 million USD 3, and net interest income reached a record 275.0 million USD 3. The company remains sensitive to credit quality in a difficult economic setting, which makes the evolution of its loan book worth following.

SWOT

Strengths

  • A leading Texas-based franchise and close relationships with clients in specialized industries are advantages cited by management.
  • Strong capitalization, with capital ratios above well-capitalized thresholds, gives strategic flexibility.
  • Diversification into investment banking, wealth management and trading fees reduces dependence on interest income.

Weaknesses

  • Geographic concentration in Texas exposes the portfolio to regional economic conditions and the energy sector.
  • The company has fewer technology resources than larger competitors, which could slow the rollout of new products.
  • The commercial book carries a higher degree of credit risk than mortgage or retail lending.

Opportunities

  • Expanding business lines beyond Texas, such as mortgage finance and Bask Bank, could add growth.
  • If fee income keeps growing, the company could reduce its reliance on the net interest margin.
  • Bank or non-bank acquisitions, if they arise on favorable terms, could extend the client base.

Threats

  • Rising criticized loans and credit losses could require larger provisions.
  • Competition from large banks and fintech companies could compress margins and draw clients away.
  • Regulatory changes and compliance requirements could raise operating costs.

Risks

  • Credit qualityhigh

    Criticized loans and credit losses rose in 2026, and a weaker economy could increase provisions.

  • Texas concentrationhigh

    A significant part of the portfolio depends on the Texas economy and the energy sector, exposing the company to regional shocks.

  • Interest rate riskmedium

    Changes in rates can affect the value of the securities portfolio and funding costs, with effects on the margin.

  • Cyber and technology riskmedium

    Reliance on external vendors and information systems can lead to disruptions or security breaches.

  • Regulation and compliance costslow

    The extensive regulatory framework and its changes can raise costs and limit activity.

Investment thesis

What would need to be true (bull case)

  • If fee and interest income keep growing, the earnings profile could become more stable.
  • Solid capital and the buyback program give flexibility to support shareholder returns.
  • Business lines outside Texas could open additional growth sources if they develop as planned.

What would break the thesis

  • Rising criticized loans could point to broader deterioration in the commercial book, with higher provisions.
  • Dependence on Texas and the energy sector could make results more volatile than at more diversified banks.
  • Strong competition for deposits and loans could compress the net interest margin in the coming period.

What to watch

  • Trend in criticized loans and credit lossesQ4 2026
  • Net interest margin and cost of depositsQ4 2026
  • Execution of the 200 million USD repurchase programthrough October 31, 2027
  • Results of fee income and the investment banking unit2027

Products, market & competition

AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.

The business

Texas Capital Bancshares, Inc. (TCBI) is a registered bank holding company that operates mainly through its wholly owned subsidiary Texas Capital Bank and through Texas Capital Securities, a broker-dealer registered with the SEC 1. It is headquartered in Dallas, with main offices in Austin, Dallas, Fort Worth, Houston and San Antonio 1. The company was incorporated in Delaware in 1996 and began banking operations in 1998 1.

Its stated strategy is to become the leading full-service financial services firm based in Texas, serving clients through their entire life cycles 1. The company maintains high levels of liquidity, credit reserves and capital, which it describes as essential to resilience across market and rate cycles 1. Since September 2025 the bank has been a member of the Federal Reserve System, which became its primary federal regulator 1.

Its activities also include business lines beyond Texas, such as mortgage finance, homebuilder finance, corporate and investment banking, and Bask Bank, an online division that offers airline miles in lieu of cash interest to some depositors 1. The company had 1,785 employees at the end of 2025 1.

Segments

Commercial and mortgage lending

Commercial loans, mortgage finance and homebuilder finance are the main lending lines, and mortgage finance is a significant part of the portfolio 1. Loans held for investment stood at 24.0 billion USD on December 31, 2025 1.

Investment banking and brokerage

The investment banking unit provides financial advisory, securities underwriting, sales and trading, and investment banking and advisory fees have been a significant part of fee income 13.

Private banking and deposits

Private banking covers investment management, financial planning and trust services, while deposit products include checking, savings and certificates of deposit for both businesses and individuals 1.

Market context

The main market is Texas, a highly competitive banking environment where the largest institutions are headquartered outside the state 1. More than half of total loan exposure sits outside Texas, but a significant part of the book remains tied to the state's economy 1.

Market dynamics depend on the rates at which the bank funds itself and on demand for commercial and mortgage loans. The company reported a net interest margin of 3.44% in the third quarter of 2026 3, which shows how sensitive revenue is to the rate environment.

Trends

  • Growing fee incometailwind

    Fee income rose 14% year-over-year in the third quarter of 2026, and the company describes a steadily more diversified earnings profile 3. If this trend holds, reliance on interest income could decline.

  • Pressure on credit qualityheadwind

    Criticized loans rose to 782.4 million USD at September 30, 2026 3, and the quarter required a provision for credit losses. A difficult economic backdrop could amplify these losses.

  • Rates and deposit costsmixed

    Lower funding costs supported margins in 2025, but exposure to interest rates remains high and competitive pressure on deposits may limit the benefits 12.

  • Buybacks and solid capitaltailwind

    The company repurchased shares in the third quarter of 2026 and authorized a new program of up to 200.0 million USD 3. Capital ratios remain above well-capitalized thresholds, which gives flexibility.

Competitive position

The company competes with global, national, regional and local banks, as well as non-bank lenders, fintech companies, brokerage firms and credit unions 1. Larger competitors have greater financial and technological resources and wider branch networks 1.

The bank's stated advantage is a Texas-based model with decisions made locally, bankers specialized by industry and close client relationships 1. Competitive pressure on pricing and loan terms could weigh on the net interest margin 1.

  • Cullen/Frost Bankers

    Regional Texas bank that competes indirectly in the local market; its status as a listed issuer is not confirmed by the provided sources.

  • National and global banks active in Texas

    Institutions headquartered outside the state that hold the largest banking positions in Texas, cited in the annual report as main competitors.

  • Fintech and non-bank companies

    Providers of credit, payments and digital financial services that compete for deposits, payments and smaller loans.

  • Brokerage and investment firms

    Competitors for investment banking and brokerage clients, including full-service and discount brokerage firms.

News & filings

In the press

No news in our archive over the last 180 days.

SEC filings

Sources

  1. [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Texas Capital Bancshares, Inc. · 10 Feb 2026
  2. [2] Form 10-Q, quarter ended 2026-09-30 · SEC / Texas Capital Bancshares, Inc. · 22 Oct 2026
  3. [3] Form 8-K, results release (exhibit 99.1) · SEC / Texas Capital Bancshares, Inc. · 21 Oct 2026

Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.