Texas Capital Bancshares (NASDAQ:TCBIO) Trading Down 0.6% – Time to Sell?

Shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBIOGet Free Report) traded down 0.6% during mid-day trading on Thursday . The company traded as low as $22.26 and last traded at $22.27. 18,883 shares traded hands during trading, a decline of 44% from the average session volume of 33,766 shares. The stock had previously closed at $22.40.

Texas Capital Bancshares Stock Up 0.4%

The firm has a fifty day moving average price of $21.49 and a 200 day moving average price of $21.10.

Texas Capital Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.3594 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $1.44 annualized dividend and a dividend yield of 6.4%.

Texas Capital Bancshares Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Texas Capital Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Capital Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.