Texas Capital Bancshares (TCBIO) Expected to Release Earnings on Thursday

Texas Capital Bancshares (NASDAQ:TCBIO) will likely be issuing its results before the market opens on Thursday, July 16th. Analysts expect Texas Capital Bancshares to post earnings of $1.88 per share and revenue of $333.3470 million for the quarter.

Texas Capital Bancshares Price Performance

Texas Capital Bancshares stock opened at $20.64 on Thursday. The firm has a 50 day moving average price of $20.81 and a 200-day moving average price of $21.27. Texas Capital Bancshares has a twelve month low of $19.78 and a twelve month high of $22.94.

Texas Capital Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3594 per share. This represents a $1.44 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Monday, June 1st.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc is a Dallas-based bank holding company whose principal subsidiary, Texas Capital Bank, N.A., delivers a broad spectrum of commercial banking services. The company specializes in commercial real estate finance, energy lending, equipment financing, public finance and treasury management solutions. In addition to loan products, it offers deposit accounts, private banking and wealth management services designed for corporate, middle-market, small-business and high-net-worth clients.

Founded in 1998, Texas Capital Bancshares has built a network of branch offices and regional service centers across key Texas markets, including Dallas–Fort Worth, Houston, Austin and San Antonio.