TEXAS CAPITAL BANCSHARES INC/TX (TCBI) Form 10-Q — Oct 22, 2026
Texas Capital Bancshares reported Q3 2026 net income of $103.7 million with diluted EPS of $2.28, up from $2.18 a year earlier, though net income slipped from $105.2 million due to higher expenses. Nine-month net income rose to $262.4 million from $229.6 million, with ROE of 9.84% and ROA of 1.08%. The quarter included restructuring-driven expense growth (total non-interest expense up $13.3M YoY) and a slight NIM compression to 3.44% from 3.47%. Credit trends are deteriorating: criticized loans rose to $782.4 million from $634.9 million at year-end, the nine-month provision climbed to $51.0 million, and non-accrual loans edged up to $122.3 million.
Key figures
- Eps
- $2.28 diluted Q3 2026 vs $2.18 Q3 2025; $5.66 nine months vs $4.67
- Revenue
- Net interest income $275.0M for Q3 2026; $790.1M for nine months 2026
- Net Income
- $103.7M Q3 2026 (vs $105.2M Q3 2025); $262.4M nine months (vs $229.6M)
- Total Debt
- $487,270 thousand long-term debt
- Total Assets
- $32,345,107 thousand
- Cash Position
- $2,674,159 thousand cash and equivalents at September 30, 2026
- Shares Outstanding
- 42430456
- Aoci
- -$250.6M
- Buyback 9m
- 2,061,431 shares for $201.7M at weighted average $97.00/share
- Cet1 ratio
- 12.20%
- Total deposits
- $27.72B
- Criticized loans
- $782.4M vs $634.9M at Dec 31, 2025
- Nonaccrual loans
- $122.3M vs $116.9M at Dec 31, 2025
- Dividend declared
- $0.20 per share payable December 15, 2026
- Net interest margin
- 3.44% Q3 2026 vs 3.47% Q3 2025
- Unrealized losses AFS
- $247.5M; HTM $97.5M
- New buyback authorization
- $200.0M effective October 20, 2026
- Provision for credit losses 9m
- $51.0M vs $44.0M prior year
AI analysis
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