TCBI · Texas Capital Bancshares, Inc.

Texas Capital Bancshares reported a strong first quarter 2026, with net income available to common stockholders rising 63% year-over-year to $69.5 million, or $1.56 per diluted share. The significant earnings growth was driven by a 59% increase in fee income from areas of focus—reaching a record $58.8 million—and a 24 basis point expansion in net interest margin to 3.43%. Management highlighted the successful diversification of the revenue base, with fee-generating businesses contributing a larger share of total revenue. Supported by this earnings momentum and strong capital levels, including a CET1 ratio of 12.0%, the company announced the initiation of its first quarterly common stock cash dividend of $0.20 per share. Credit quality metrics showed some deterioration compared to the prior quarter, with net charge-offs increasing to $17.4 million and non-accrual loans rising to 0.58% of total loans, though criticized loans as a percentage of total loans declined slightly. The company continued to return capital to shareholders, repurchasing 770,423 shares for $75.1 million during the quarter. In a significant governance development, stockholders voted against the proposal to redomestication the company from Delaware to Texas, as well as against a proposal to increase the threshold for stockholder proposals. Additionally, John Cummings was named Chief Operating Officer, effective April 16, 2026.