Business
Texas Capital Bancshares, Inc. Announces First Quarter 2025 Results
First quarter 2025 net income of $47.0 million and net income available to common stockholders of $42.7 million, or $0.92 per diluted share Strong balance
About this update from Texas Capital Bancshares, Inc.
[{"type":"text","content":"First quarter 2025 net income of $47.0 million and net income available to common stockholders of $42.7 million, or $0.92 per diluted share Strong balance sheet growth with total deposits increasing 9% and total loans growing 7% year-over-year Book Value and Tangible Book Value(1) per share both increasing 11% year-over-year, reaching record levels Capital ratios continue to be strong, including 11.6% CET1 and 15.6% Total Capital DALLAS, April 17, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the first quarter of 2025. “We continue to leverage our diversified product suite and financially resilient balance sheet to effectively support our clients’ objectives,” said Rob C. Holmes, Chairman, President & CEO. “With significant year-over-year improvements to many key financial and operating metrics, we remain focused on achieving published financial targets in the back-half of this year.” 1st Quarter 4th Quarter 1st Quarter(dollars in thousands except per share data) 2025 2024 2024 OPERATING RESULTS Net income$47,047 $71,023 $26,142 Net income available to common stockholders$42,734 $66,711 $21,829 Pre-provision net revenue(3)$77,458 $111,522 $53,935 Diluted earnings per common share$0.92 $1.43 $0.46 Diluted common shares 46,616,704 46,770,961 47,711,192 Return on average assets 0.61% 0.88% 0.36%Return on average common equity 5.56% 8.50% 3.03% OPERATING RESULTS, ADJUSTED(2) Net income$47,047 $71,023 $33,898 Net income available to common stockholders$42,734 $66,711 $29,585 Pre-provision net revenue(3)$77,458 $111,522 $63,953 Diluted earnings per common share$0.92 $1.43 $0.62 Diluted common shares 46,616,704 46,770,961 47,711,192 Return on average assets 0.61% 0.88% 0.47%Return on average common equity 5.56% 8.50% 4.11% BALANCE SHEET Loans held for investment$17,654,243 $17,234,492 $16,677,691 Loans held for investment, mortgage finance 4,725,541 5,215,574 4,153,313 Total loans held for investment 22,379,784 22,450,066 20,831,004 Loans held for sale — — 37,750 Total assets 31,375,749 30,731,883 29,180,585 Non-interest bearing deposits 7,874,780 7,485,428 8,478,215 Total deposits 26,053,034 25,238,599 23,954,037 Stockholders’ equity 3,429,774 3,367,936 3,170,662 (1) Stockholders’ equity excluding preferred stock, less goodwill and inta...