Texas Capital Bancshares (TCBIO) Expected to Announce Quarterly Earnings on Thursday

Texas Capital Bancshares (NASDAQ:TCBIO) is anticipated to issue its results before the market opens on Thursday, April 16th. Analysts expect the company to announce earnings of $1.41 per share and revenue of $318.0490 million for the quarter.

Texas Capital Bancshares Trading Down 0.1%

Shares of Texas Capital Bancshares stock opened at $21.77 on Thursday. Texas Capital Bancshares has a 1 year low of $18.11 and a 1 year high of $22.94. The firm’s 50-day moving average is $21.96 and its two-hundred day moving average is $21.23.

Texas Capital Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 6.6%. The ex-dividend date was Monday, March 2nd.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc is a Dallas-based bank holding company whose principal subsidiary, Texas Capital Bank, N.A., delivers a broad spectrum of commercial banking services. The company specializes in commercial real estate finance, energy lending, equipment financing, public finance and treasury management solutions. In addition to loan products, it offers deposit accounts, private banking and wealth management services designed for corporate, middle-market, small-business and high-net-worth clients.

Founded in 1998, Texas Capital Bancshares has built a network of branch offices and regional service centers across key Texas markets, including Dallas–Fort Worth, Houston, Austin and San Antonio.