Texas Capital Bancshares, Inc. · NASDAQ:TCBI
Texas Capital Bancshares — Q2 2025 Earnings Presentation
16 slides from Texas Capital Bancshares's earnings presentation, Jul 17, 2025
Slide 1: Q2-2025 Earnings
Q2-2025 Earnings July 17, 2025 © 2025 Texas Capital Bank Member FDIC
Slide 2: Forward-Looking Statements
Forward-Looking Statements This communication contains “forward-looking statements” within the meaning of and pursuant to the Private Securities Litigation Reform Act of 1995 regarding, among other things, TCBI’s financial condition, results of operations, business plans and future performance. Thes
Slide 3: Foundational Tenants of Value Creation in Place
Foundational Tenants of Value Creation in Place Financial Investment // Re-aligning the Revenue Growth // Growing top- Building Tangible Book Value // expense base to directly support the line revenue as a result of expanded Reinvesting organically generated Priorities business and investing aggress
Slide 4: 2021 Strategic Performance Drivers
2021 Strategic Performance Drivers Where Where We We Started Targets Started Targets FY FY FY FY FY YTD Estab. FY FY Q1 Q2 YTD Estab. Income Statement 2020 2021 2022 2023 2024 2025 in ’21 Performance Metrics 2020 2024 2025 2025 2025 in ’21 Investment Banking and Trading Income 2.2% 2.7% 2.9% 8.0% 13
Slide 5: Financial Performance // Income Statement
Financial Performance // Income Statement Adjusted Adjusted Adjusted Adjusted Non-GAAP4 Adjustments 2024 YTD 2025 (Non-GAAP4) (Non-GAAP4) (Non-GAAP4) (Non-GAAP4) ($mm) Financial Highlights ($mm) 2024 2024 YTD 2025 YTD 2025 Q2 2024 Q2 2024 Q1 2025 Q2 2025 Q2 2025 Non-Interest Income 31.0 98.5 Loss on
Slide 6: Financial Performance // Quarterly Balance Sheet Highlights
Financial Performance // Quarterly Balance Sheet Highlights Balance Sheet Highlights ($mm) Ending Balances Q2 2024 Q1 2025 Q2 2025 QoQ YoY Q2 2024 Q1 2025 Q2 2025 QoQ YoY Assets Liabilities Cash and Equivalents 2,913 3,802 2,690 (29%) (8%) Non-Interest Bearing Deposits 7,988 7,875 7,718 (2%) (3%) To
Slide 7: Loan Portfolio Composition
Loan Portfolio Composition Commercial Loans ($bn) Commercial Real Estate Loans ($bn) Total LHI excl. mortgage finance increased $1.3bn or 8% YoY Ending period commercial loans increased $526mm or 5% QoQ Growth driven by sustained new client acquisition across the platform Average commercial
Slide 8: Deposit and Funding Composition
Deposit and Funding Composition Average Deposit Trends ($bn) Total deposit balances were flat QoQ Q2 2025 EOP Total deposits excl. MF9 non-interest $25.7 $26.7 $25.7 $26.5 $26.1 bearing deposits and brokered interest $24.3 bearing deposits increased $3.0bn or $0.5 $0.5 $0.5 $0.3 $0.2 $0.6 16% Yo
Slide 9: Net Interest Income Sensitivity
Net Interest Income Sensitivity Net Interest Income Sensitivity – Static Balance Sheet ($mm) Standard Model Assumptions10 94% of LHI excl. mortgage finance LHI 100bp & 200bp Parallel Shocks are variable rate 10.0% 8.0% $73 $83 6.0% $38 $42 $1.1bn of loans, or 6%, are fixed with Loan Balances:
Slide 10: Q2-2025 Earnings Overview
Q2-2025 Earnings Overview Net Interest Income ($mm) Net Interest Margin ($mm) $0.0 3.19% 3.35% $14.8 $5.4 3.16% $2.2 $4.4 $4.9 3.01% 2.93% $7.8 ($17.9) ($4.3) $236.0 $253.4 $253.4 $240.1 $229.6 $236.0 $216.6 Q1 2025 Loans Excl Loans Excl MF Loan MF Yield 9 Loan Fees Investment Interest Interest Borr
Slide 11: Asset Quality Trends
Asset Quality Trends Allowance for Credit Loss Reserve Ratios Asset Quality Ratios Total ACL increased $2.0mm QoQ to Criticized / LHI 4.03% $334.3mm, an all-time high for the firm 3.95% NPAs / Total Assets 3.41% 3.18% Total ACL, excl. MF9 declined $3.2mm to 1.84% 1.85% 1.79% NCOs / Avg. LHI 2.66
Slide 12: Capital Position and Trends
Capital Position and Trends Regulatory Capital Levels 2025 YE Target Regulatory capital ratios remain strong 15.65% 15.37% 15.61% 15.30% Total capital ratio of 15.30%, in the 15.17% top quartile of the peer group12, 2.56% 2.54% 2.55% 2.51% 2.44% and CET1 ratio of 11.45% 1.47% 1.44% 1.44% 1.46% 1
Slide 13: Full Year 2025 Guidance
Full Year 2025 Guidance FY 2024 Full Year 2025 Guidance Commentary Adjusted (Non-GAAP4) Guidance Forward curve14 assumes 25bps cut in September with an exit rate of 4.25% at Total Revenue, Adjusted4 $1,111.9mm Low double-digit % growth year end 2025 Assumes a 25bps cut in January 2026 Non-Intere
Slide 14: Appendix // Footnotes
Appendix // Footnotes 1. Includes service charges on deposit accounts, as well as fees related to our commercial card program, merchant transactions, and FX transactions, all of which are included in other non-interest income and totaled $2.8mm for FY 2020, $4.0mm for FY 2021, $6.1mm for FY 2022, $9
Slide 15: Non-GAAP Reconciliation // Return on Average Tangible Common Equity (ROATCE)
Non-GAAP Reconciliation // Return on Average Tangible Common Equity (ROATCE) ROATCE is a non-GAAP financial measure. ROATCE represents the measure of net income available to common shareholders as a percentage of average tangible common equity. ROATCE is used by management in assessing financial per
Slide 16: Non-GAAP Reconciliation // Adjusted Earnings & Ratios
Non-GAAP Reconciliation // Adjusted Earnings & Ratios Adjusted line items are non-GAAP financial measures that management ($mm, Except per Share) Q2 2024 Q3 2024 Q2 2025 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YTD 2025 believes aids in the discussion of results. A reconcilement of these adjusted Net
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