Overview

* Regional lender Texas Capital fiscal Q2 adjusted EPS of $1.63 beats analyst expectations, per LSEG data

* Company reports strong balance sheet growth; loans up 10% yr/yr

* Texas Capital repurchased 317,860 shares, showing confidence in financial position

Outlook

* Company sees durable results through financial services capabilities

* Texas Capital's strategic actions enhance earnings power

Result Drivers

* STRATEGIC ACTIONS - CEO Rob Holmes attributes enhanced earnings power to strategic actions taken over multiple years

* LOAN GROWTH - Total loans increased by 10% year-over-year, contributing to strong financial performance

* INVESTMENT BANKING FEES - Increase in non-interest income driven by higher investment banking and advisory fees

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.63 $1.29

Adjusted (13

EPS Analysts

)

Q2 EPS $1.58

Q2 Net $77.33

Income mln

Q2 Net $253.40

Interest mln

Income

Q2 $15 mln

Credit

Loss

Provisio

n

Q2 Net 3.4%

Interest

Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy."

* Wall Street's median 12-month price target for Texas Capital Bancshares Inc ( TCBI ) is $78.00, about 9.8% below its July 16 closing price of $85.65

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)