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These renderings show a proposed stock ticker outside the Texas Capital Center tower at 2000 McKinney Ave.<\/p>\n
Courtesy of Oak Lawn Committee files<\/p>\n
Wall Street analysts\u2019 crystal balls must have been polished recently, with Texas Capital Bancshares\u2019\u00a0second-quarter financials coming in right around expectations.\u00a0<\/p>\n
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The Dallas-based firm, whose subsidiary Texas Capital Bank is one of the state\u2019s largest banks, reported earnings Wednesday, and headline measures were clustered around consensus estimates. Adjusted earnings per share for the second quarter were $1.88 compared with an estimate of $1.86, per Yahoo Finance. Revenue similarly nudged past estimates at $335.5 million compared with $333.2 million. Both were quarter-to-quarter and year-over-year improvements, as Texas Capital continued revenue-driving trends from its better-than-expected first quarter<\/a> like growth in fee income and book value per share,\u00a0which each\u00a0hit records this quarter.<\/p>\n \u201cDouble-digit year-over-year growth in earnings per share and book value per share, combined with strong capital ratios and operational Article continues below this ad<\/p>\n Texas Capital\u2019s board of directors also approved another round of dividends, including a dividend on preferred stock and a 20-cent dividend per share of common stock, after delivering the first quarterly common stock dividend in the company\u2019s history last quarter. The company\u2019s stock price fell by about 1% from open to close on Wednesday but is up about 13% year-to-date, outperforming the\u00a0Nasdaq Composite.\u00a0<\/p>\n The financial performance comes after Texas Capital completed its transformation into a full-service financial institution<\/a>, marked by hitting in late 2025 a series of quantitative and qualitative goals it set in 2021. The resultant diversification in revenue is evidenced in a year-over-year increase in non-interest income of $21 million, including a record $60.5 million in fee income from areas of focus like wealth management, treasury products and investment banking and trading, \u201cas strengthened client partnerships continue translating into broad engagement across the Firm.\u201d<\/p>\n
efficiency, reflect another quarter of consistently improving financial performance earned through continued focus on delivering for our
clients,\u201d said Rob\u00a0Holmes, chairman, president and CEO, in the release. \u201cThe durability of our platform, diversity of our solution set, and dedication of our teams, position us to sustain momentum through the remainder of the year.\u201d<\/p>\n