Texas Capital Bancshares (TCBI) Misses Q4 EPS by 21c

Texas Capital Bancshares (NASDAQ: TCBI) reported Q4 EPS of $1.38, $0.21 worse than the analyst estimate of $1.59.

“We are pleased with our 2018 operating results, highlights of which include record earnings increasing 53% year over year, continued loan growth and improvements in operating leverage," said Keith Cargill, President and CEO. "We are committed to being proactive in regard to both credit quality and ensuring that our balance sheet is well positioned ahead of an eventual economic slowdown. We are confident in the continued success of our strategic initiatives for 2019, which include diversifying our funding profile and growing risk-appropriate earnings, as well as developing our talent and leveraging our people with improved technology to deliver premier client experience."

For earnings history and earnings-related data on Texas Capital Bancshares (TCBI) click here.

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