Texas Capital Bancshares, Inc. (TCBI)

Texas Capital Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	1,363	1,301	983.79	820.48	993.67	1,274
Interest Income on Investments	346.3	329.27	160.45	56.05	45.74	81.28
Total Interest Income	1,709	1,630	1,144	876.53	1,039	1,355
Interest Paid on Deposits	717.31	587.78	190.66	65.51	146.12	293.54
Interest Paid on Borrowings	105.33	128.03	77.82	42.24	41.97	92.06
Total Interest Expense	822.64	715.8	268.48	107.75	188.09	385.59
Net Interest Income	886.41	914.12	875.77	768.78	851.32	969.23
Net Interest Income Growth (YoY)	-6.40%	4.38%	13.92%	-9.70%	-12.17%	5.94%
Trust Income	14.61	13.96	15.04	13.17	10	8.81
Gain (Loss) on Sale of Assets	-	-	248.53	-	-	-
Other Non-Interest Income	152.16	126.59	62.69	106.06	123.34	102.5
Total Non-Interest Income	8.11	161.42	349.52	138.29	202.98	102.37
Non-Interest Income Growth (YoY)	-98.01%	-53.82%	152.75%	-31.87%	98.29%	31.20%
Revenues Before Loan Losses	894.52	1,076	1,225	907.07	1,054	1,072
Provision for Loan Losses	68	72	66	-30	258	75
Revenue	826.52	1,004	1,159	937.07	796.3	996.6
Revenue Growth (YoY)	-34.82%	-13.43%	23.71%	17.68%	-20.10%	10.01%
Salaries and Employee Benefits	452.19	435.5	413.47	318.87	323.09	310.88
Occupancy Expenses	16.44	16.44	14.49	33.23	34.96	32.99
Federal Deposit Insurance	44.04	36.78	14.34	21.03	25.96	20.09
Selling, General & Administrative	222.87	218.3	228.66	157.67	196.21	168.25
Other Non-Interest Expense	51.98	49.94	56.56	68.21	106.39	66.71
Total Non-Interest Expense	787.51	756.95	727.53	599.01	686.6	598.92
EBT Excluding Unusual Items	39	246.6	431.76	338.06	109.7	397.68
Pretax Income	39	246.6	431.76	338.06	91.95	396.31
Income Tax Expense	12.37	57.45	99.28	84.12	25.66	84.3
Net Income	26.64	189.14	332.48	253.94	66.29	312.02
Preferred Dividends & Other Adjustments	17.25	17.25	17.25	18.72	9.75	9.75
Net Income to Common	9.39	171.89	315.23	235.22	56.54	302.27
Net Income Growth	-93.10%	-43.11%	30.93%	283.08%	-78.75%	6.35%
Basic Shares Outstanding	47	48	50	51	50	50
Diluted Shares Outstanding	47	49	51	51	51	50
Shares Change (YoY)	-3.89%	-4.77%	-0.18%	1.10%	0.32%	0.29%
EPS (Basic)	0.20	3.58	6.25	4.65	1.12	6.01
EPS (Diluted)	0.20	3.54	6.18	4.60	1.12	5.99
EPS Growth	-97.33%	-42.72%	34.35%	310.71%	-81.30%	6.21%
Effective Tax Rate	31.71%	23.30%	22.99%	24.88%	27.90%	21.27%

Source: S&P Capital IQ. Banks template. Financial Sources.