Texas Capital Bancshares (TCBI) Misses Q4 EPS by 2c

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Go back to Texas Capital Bancshares (TCBI) Misses Q4 EPS by 2c

Texas Capital Bancshares, Inc. Announces Operating Results for 2015

January 20, 2016 4:02 PM EST

DALLAS, Jan. 20, 2016 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the fourth quarter and full year of 2015.

We are pleased to finish 2015 with solid earnings and continued growth in loans and deposits. The earnings results were achieved despite significant additional provisions from the adverse credit migration primarily in the energy portfolio. In addition, we incurred start-up costs associated with the launch of our new mortgage correspondent aggregation ("MCA") business, said Keith Cargill, CEO. We experienced another year of... More