Texas Capital Bancshares, Inc. Announces Operating Results for Q2 2020
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Texas Capital Bancshares (TCBI) Misses Q2 EPS by 89c
July 22, 2020 4:07 PM EDTTexas Capital Bancshares (NASDAQ: TCBI) reported Q2 EPS of ($0.73), $0.89 worse than the analyst estimate of $0.16.
In response to pressures of the current economic environment and a refinement of our strategy, we took actions during the second quarter of 2020 which are expected to decrease our non-interest expenses, including a workforce reduction and write-offs of certain software assets.We reported a net loss of $34.3 million, or $0.73 per... More