Texas Capital Bancshares Files 8-K
Ticker: TCBIO · Form: 8-K · Filed: Jan 23, 2025 · CIK: 1077428
| Field | Detail |
|---|---|
| Company | Texas Capital Bancshares Inc/Tx (TCBIO) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $200.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financials, operations
Related Tickers: TCBI
TL;DR
TCBI dropped an 8-K on Jan 23rd covering financials and other events. Check it out.
AI Summary
Texas Capital Bancshares, Inc. (TCBI) filed an 8-K on January 23, 2025, reporting on its results of operations, financial condition, and other events. The filing includes financial statements and exhibits related to the company's performance.
Why It Matters
This 8-K filing provides crucial updates on Texas Capital Bancshares' financial performance and operational events, which can influence investor decisions.
Risk Assessment
Risk Level: low — This is a routine 8-K filing providing standard financial and operational updates, not indicating any immediate or significant new risks.
Key Players & Entities
- Texas Capital Bancshares, Inc. (company) — Registrant
- TCBI (company) — Ticker Symbol
- January 23, 2025 (date) — Date of earliest event reported
- 2000 McKinney Avenue, Suite 700, Dallas, Texas 75201 (address) — Principal executive offices
- (214) 932-6600 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Texas Capital Bancshares?
The primary purpose is to report on the company's results of operations and financial condition, as well as other events and financial statements and exhibits, as of January 23, 2025.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is January 23, 2025.
Where are Texas Capital Bancshares' principal executive offices located?
The principal executive offices are located at 2000 McKinney Avenue, Suite 700, Dallas, Texas 75201.
What is the telephone number for Texas Capital Bancshares?
The registrant's telephone number, including area code, is (214) 932-6600.
What is the company's state of incorporation and IRS Employer Identification Number?
The company is incorporated in Delaware and its IRS Employer Identification Number is 75-2679109.
Filing Stats: 724 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2025-01-23 06:01:02
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share TCBI Nasdaq Stock Market 5.
- $200.0 million — which the Company may repurchase up to $200.0 million in shares of its outstanding common sto
Filing Documents
- tcbi-20250123.htm (8-K) — 34KB
- a1232025exhibit991.htm (EX-99.1) — 701KB
- a4q2024_earningsxpresent.htm (EX-99.2) — 34KB
- a4q2024_earningsxpresent001.jpg (GRAPHIC) — 35KB
- a4q2024_earningsxpresent002.jpg (GRAPHIC) — 244KB
- a4q2024_earningsxpresent003.jpg (GRAPHIC) — 106KB
- a4q2024_earningsxpresent004.jpg (GRAPHIC) — 158KB
- a4q2024_earningsxpresent005.jpg (GRAPHIC) — 151KB
- a4q2024_earningsxpresent006.jpg (GRAPHIC) — 135KB
- a4q2024_earningsxpresent007.jpg (GRAPHIC) — 110KB
- a4q2024_earningsxpresent008.jpg (GRAPHIC) — 162KB
- a4q2024_earningsxpresent009.jpg (GRAPHIC) — 147KB
- a4q2024_earningsxpresent010.jpg (GRAPHIC) — 125KB
- a4q2024_earningsxpresent011.jpg (GRAPHIC) — 141KB
- a4q2024_earningsxpresent012.jpg (GRAPHIC) — 142KB
- a4q2024_earningsxpresent013.jpg (GRAPHIC) — 80KB
- a4q2024_earningsxpresent014.jpg (GRAPHIC) — 98KB
- a4q2024_earningsxpresent015.jpg (GRAPHIC) — 88KB
- a4q2024_earningsxpresent016.jpg (GRAPHIC) — 112KB
- tcbicolorlogoforreleasea.jpg (GRAPHIC) — 15KB
- 0001077428-25-000003.txt ( ) — 3809KB
- tcbi-20250123.xsd (EX-101.SCH) — 2KB
- tcbi-20250123_def.xml (EX-101.DEF) — 16KB
- tcbi-20250123_lab.xml (EX-101.LAB) — 28KB
- tcbi-20250123_pre.xml (EX-101.PRE) — 16KB
- tcbi-20250123_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 23, 2025, Texas Capital Bancshares, Inc. (the "Company") issued a press release and made available presentation slides regarding its operating and financial results for its fiscal quarter and year ended March 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. A copy of the presentation is attached hereto as Exhibit 99.2. The information in Item 2.02 of this report (including Exhibits 99.1 and 99.2) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such a filing.
01. Other Events
Item 8.01. Other Events. Announcement of Share Repurchase Program On January 22, 2025, the Company's board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock through January 31, 2026. Any repurchases under the repurchase program will be made in accordance with applicable securities laws from time to time in open market or private transactions. The extent to which the Company repurchases shares, and the timing of such repurchases, will be at management's discretion and will depend upon a variety of factors, including market conditions, our capital position and amount of retained earnings, regulatory requirements and other considerations. Remaining repurchase authorization under the January 17, 2024 share repurchase program was terminated upon authorization of this new program.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated January 23 , 202 5 announcing Texas Capital Bancshares, Inc.'s operating and financial results for its fiscal quarter and year ended December 31 , 2024 99.2 Presentation dated January 23 , 202 5 discussing Texas Capital Bancshares, Inc.'s operating and financial results for its fiscal quarter and year ended December 31 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 23, 2025 TEXAS CAPITAL BANCSHARES, INC. By: /s/ J. Matthew Scurlock J. Matthew Scurlock Chief Financial Officer