Texas Capital Bancshares, Inc. (TCBI)

Texas Capital Bancshares Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,378	1,301	983.79	820.48	993.67
Interest Income on Investments	351.63	329.27	160.45	56.05	45.74
Total Interest Income	1,730	1,630	1,144	876.53	1,039
Interest Paid on Deposits	736.2	587.78	190.66	65.51	146.12
Interest Paid on Borrowings	92.05	128.03	77.82	42.24	41.97
Total Interest Expense	828.25	715.8	268.48	107.75	188.09
Net Interest Income	901.3	914.12	875.77	768.78	851.32
Net Interest Income Growth (YoY)	-1.40%	4.38%	13.92%	-9.70%	-12.17%
Trust Income	15.32	13.96	15.04	13.17	10
Income From Trading Activities	21.64	22.51	10.08	-	-
Gain (Loss) on Sale of Assets	-	-	248.53	-	-
Gain (Loss) on Sale of Investments	-179.58	0.49	-	-	-
Other Non-Interest Income	148.13	103.59	52.61	106.06	123.34
Total Non-Interest Income	31.05	161.42	349.52	138.29	202.98
Non-Interest Income Growth (YoY)	-80.77%	-53.82%	152.75%	-31.87%	98.29%
Revenues Before Loan Losses	932.35	1,076	1,225	907.07	1,054
Provision for Loan Losses	67	72	66	-30	258
Revenue	865.35	1,004	1,159	937.07	796.3
Revenue Growth (YoY)	-13.77%	-13.43%	23.71%	17.68%	-20.10%
Salaries and Employee Benefits	441.89	435.5	413.47	318.87	323.09
Occupancy Expenses	17.57	16.44	44.22	33.23	34.96
Federal Deposit Insurance	23.35	36.78	14.34	21.03	25.96
Selling, General & Administrative	216.61	218.3	198.93	157.67	196.21
Other Non-Interest Expense	53.87	49.94	56.56	68.21	106.39
Total Non-Interest Expense	753.29	756.95	727.53	599.01	686.6
EBT Excluding Unusual Items	112.06	246.6	431.76	338.06	109.7
Legal Settlements	-5	-	-	-	-
Pretax Income	107.06	246.6	431.76	338.06	91.95
Income Tax Expense	29.55	57.45	99.28	84.12	25.66
Net Income	77.51	189.14	332.48	253.94	66.29
Preferred Dividends & Other Adjustments	17.25	17.25	17.25	18.72	9.75
Net Income to Common	60.26	171.89	315.23	235.22	56.54
Net Income Growth	-59.02%	-43.11%	30.93%	283.08%	-78.75%
Basic Shares Outstanding	47	48	50	51	50
Diluted Shares Outstanding	47	49	51	51	51
Shares Change (YoY)	-3.33%	-4.77%	-0.18%	1.10%	0.32%
EPS (Basic)	1.29	3.58	6.25	4.65	1.12
EPS (Diluted)	1.28	3.54	6.18	4.60	1.12
EPS Growth	-63.84%	-42.72%	34.35%	310.71%	-81.30%
Effective Tax Rate	27.60%	23.30%	22.99%	24.88%	27.90%

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