DA Davidson Has Positive Outlook for TCBI FY2025 Earnings

Texas Capital Bancshares, Inc. (NASDAQ:TCBIFree Report) – Stock analysts at DA Davidson lifted their FY2025 EPS estimates for Texas Capital Bancshares in a research note issued to investors on Friday, October 24th. DA Davidson analyst P. Winter now forecasts that the bank will earn $6.60 per share for the year, up from their previous forecast of $6.27. The consensus estimate for Texas Capital Bancshares’ current full-year earnings is $5.84 per share. DA Davidson also issued estimates for Texas Capital Bancshares’ Q4 2025 earnings at $1.87 EPS.

TCBI has been the topic of a number of other reports. Keefe, Bruyette & Woods increased their target price on shares of Texas Capital Bancshares from $98.00 to $100.00 and gave the stock an “outperform” rating in a report on Monday. TD Cowen raised shares of Texas Capital Bancshares to a “hold” rating in a report on Thursday, September 25th. JPMorgan Chase & Co. increased their target price on shares of Texas Capital Bancshares from $90.00 to $92.00 and gave the stock an “underweight” rating in a report on Thursday, October 23rd. Citigroup increased their target price on shares of Texas Capital Bancshares from $69.00 to $79.00 and gave the stock a “sell” rating in a report on Friday, July 18th. Finally, Hovde Group increased their target price on shares of Texas Capital Bancshares from $85.00 to $93.00 and gave the stock a “market perform” rating in a report on Thursday, October 23rd. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Texas Capital Bancshares has an average rating of “Hold” and a consensus price target of $87.60.

Check Out Our Latest Stock Report on TCBI

Texas Capital Bancshares Stock Up 0.5%

TCBI stock opened at $85.90 on Monday. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of 14.06, a PEG ratio of 0.65 and a beta of 0.67. Texas Capital Bancshares has a 1-year low of $59.37 and a 1-year high of $94.61. The firm has a fifty day moving average price of $85.11 and a two-hundred day moving average price of $79.81. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.00 and a quick ratio of 1.00.

Texas Capital Bancshares (NASDAQ:TCBIGet Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The bank reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.41. The firm had revenue of $340.35 million for the quarter, compared to analysts’ expectations of $327.13 million. Texas Capital Bancshares had a net margin of 15.14% and a return on equity of 9.51%. The firm’s quarterly revenue was up 171.6% on a year-over-year basis. During the same period in the prior year, the company posted ($1.41) earnings per share.

Hedge Funds Weigh In On Texas Capital Bancshares

Several institutional investors have recently modified their holdings of TCBI. AQR Capital Management LLC grew its position in shares of Texas Capital Bancshares by 84.8% during the first quarter. AQR Capital Management LLC now owns 1,432,771 shares of the bank’s stock worth $105,395,000 after acquiring an additional 657,630 shares during the last quarter. Norges Bank bought a new position in shares of Texas Capital Bancshares during the second quarter worth about $45,364,000. Azora Capital LP grew its position in shares of Texas Capital Bancshares by 141.3% during the second quarter. Azora Capital LP now owns 930,014 shares of the bank’s stock worth $73,843,000 after acquiring an additional 544,590 shares during the last quarter. Nuveen LLC bought a new position in shares of Texas Capital Bancshares during the first quarter worth about $25,808,000. Finally, Texas Capital Bank Wealth Management Services Inc grew its position in shares of Texas Capital Bancshares by 2,249.3% during the first quarter. Texas Capital Bank Wealth Management Services Inc now owns 249,401 shares of the bank’s stock worth $18,630,000 after acquiring an additional 238,785 shares during the last quarter. Institutional investors own 96.88% of the company’s stock.

Texas Capital Bancshares Company Profile

(Get Free Report)

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.

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Earnings History and Estimates for Texas Capital Bancshares (NASDAQ:TCBI)

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