Texas Capital Bancshares (TCBI) Misses Q1 EPS by 4c

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Go back to Texas Capital Bancshares (TCBI) Misses Q1 EPS by 4c

Texas Capital Bancshares, Inc. Announces First Quarter 2022 Results

April 20, 2022 4:00 PM EDT

First quarter 2022 net income of $39.7 million, or $0.69 per diluted share

Declines in mortgage finance loans driven by rapid increase in interest rates

Loans held for investment, excluding mortgage finance and PPP, increased $577.7 million, or 15% annualized

DALLAS, April 20, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the first quarter of 2022.

Net income was $39.7 million, or $0.69 per... More