Texas Capital Bancshares (TCBIO) Projected to Announce Quarterly Earnings on Wednesday

Texas Capital Bancshares (NASDAQ:TCBIO) is expected to be issuing its results before the market opens on Wednesday, July 22nd. Analysts expect Texas Capital Bancshares to announce earnings of $1.87 per share and revenue of $333.3740 million for the quarter.

Texas Capital Bancshares Stock Performance

NASDAQ:TCBIO opened at $20.62 on Tuesday. Texas Capital Bancshares has a fifty-two week low of $19.78 and a fifty-two week high of $22.94. The firm has a 50-day simple moving average of $20.67 and a two-hundred day simple moving average of $21.28.

Texas Capital Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3594 per share. The ex-dividend date was Monday, June 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.0%.

About Texas Capital Bancshares

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.