Texas Capital Bancshares, Inc. (NASDAQ:TCBIO) Director Purchases $100,500.00 in Stock

Texas Capital Bancshares, Inc. (NASDAQ:TCBIOGet Rating) Director Robert W. Stallings purchased 2,000 shares of the business’s stock in a transaction on Thursday, May 12th. The shares were acquired at an average price of $50.25 per share, for a total transaction of $100,500.00. Following the completion of the acquisition, the director now directly owns 46,810 shares in the company, valued at approximately $2,352,202.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ TCBIO traded down $0.26 on Monday, hitting $21.54. 13,300 shares of the company were exchanged, compared to its average volume of 20,053. Texas Capital Bancshares, Inc. has a 12 month low of $20.32 and a 12 month high of $28.90.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 1st will be issued a dividend of $0.3594 per share. The ex-dividend date is Tuesday, May 31st. This represents a $1.44 annualized dividend and a dividend yield of 6.67%.

About Texas Capital Bancshares (Get Rating)

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking, consumer banking, investment banking, and wealth management services.

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