An Overview of Texas Capital Bancshares's Earnings

Benzinga · 10/16 16:01

Texas Capital Bancshares (NASDAQ:TCBI) will release its quarterly earnings report on Thursday, 2024-10-17. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Texas Capital Bancshares to report an earnings per share (EPS) of $0.95.

The market awaits Texas Capital Bancshares's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

During the last quarter, the company reported an EPS missed by $0.06, leading to a 0.06% drop in the share price on the subsequent day.

Here's a look at Texas Capital Bancshares's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.86 0.60 0.75 1.03
EPS Actual 0.80 0.62 0.65 1.18
Price Change % -0.0% 5.0% 1.0% -5.0%

eps graph

Market Performance of Texas Capital Bancshares's Stock

Shares of Texas Capital Bancshares were trading at $77.57 as of October 15. Over the last 52-week period, shares are up 40.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Texas Capital Bancshares visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.