Texas Capital Bancshares (TCBIO) Expected to Release Quarterly Earnings on Wednesday

Texas Capital Bancshares (NASDAQ:TCBIO) is expected to announce its results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $1.97 per share and revenue of $339.88 million for the quarter.

Texas Capital Bancshares Stock Performance

Shares of Texas Capital Bancshares stock opened at $18.28 on Tuesday. Texas Capital Bancshares has a 52-week low of $17.96 and a 52-week high of $22.94. The company has a 50 day moving average of $19.53 and a 200 day moving average of $20.45.

Texas Capital Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a $0.3594 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.9%.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc is the bank holding company for Texas Capital Bank, a full-service financial institution headquartered in Dallas, Texas. Founded in 1998, the company primarily serves businesses, entrepreneurs, professionals and individual clients through commercial banking and related financial services.

Texas Capital Bank offers lending and credit solutions, commercial deposits, treasury and cash-management services, investment banking and capital-markets services, and wealth-management solutions.