Texas Capital Bancshares (TCBI) PT Lowered to $80 at Piper Jaffray Following 1Q
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Texas Capital Bancshares, Inc. Announces Operating Results for Q1 2017
April 19, 2017 4:02 PM EDTDALLAS, April 19, 2017 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced earnings and operating results for the first quarter of 2017.
We begin 2017 with continued solid earnings and traditional LHI growth, while experiencing the contraction in the mortgage industry attributable to rising rates and the return of seasonal trends. We remain optimistic about 2017 as we expect the new lines of business we added or expanded in 2016 will give us market share takeaway potential, coupled with our continued ability to attract new talent," said... More
