Texas Capital Bancshares, Inc. (TCBI)

Texas Capital Bancshares Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,004	1,159	937.07	796.3	996.6
Revenue Growth (YoY)	-13.43%	23.71%	17.68%	-20.10%	10.01%
Gross Profit	1,004	1,159	937.07	796.3	996.6
Selling, General & Admin	670.23	656.63	509.77	554.25	512.11
Other Operating Expenses	86.71	70.91	89.24	150.11	88.18
Operating Expenses	756.95	727.53	599.01	704.36	600.29
Operating Income	246.6	431.76	338.06	91.95	396.31
Pretax Income	246.6	431.76	338.06	91.95	396.31
Income Tax	57.45	99.28	84.12	25.66	84.3
Net Income	189.14	332.48	253.94	66.29	312.02
Preferred Dividends	17.25	17.25	18.72	9.75	9.75
Net Income Common	171.89	315.23	235.22	56.54	302.27
Net Income Growth	-45.47%	34.02%	316.03%	-81.29%	6.57%
Shares Outstanding (Basic)	48	50	51	50	50
Shares Change	-3.77%	-1.40%	0.29%	0.28%	0.28%
EPS (Basic)	3.58	6.25	4.65	1.12	6.01
EPS (Diluted)	3.54	6.18	4.60	1.12	5.99
EPS Growth	-42.72%	34.35%	310.71%	-81.30%	6.21%
Free Cash Flow	357.36	136.7	653.19	2,637	-256.84
Free Cash Flow Per Share	7.44	2.74	12.91	52.26	-5.10
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	24.57%	37.24%	36.08%	11.55%	39.77%
Profit Margin	17.13%	27.19%	25.10%	7.10%	30.33%
Free Cash Flow Margin	35.61%	11.79%	69.71%	331.16%	-25.77%
Effective Tax Rate	23.30%	22.99%	24.88%	27.90%	21.27%
EBITDA	287.07	477.04	431.46	166.87	433.58
EBITDA Margin	28.61%	41.15%	46.04%	20.96%	43.51%
Depreciation & Amortization	40.47	45.28	93.41	74.93	37.27
EBIT	246.6	431.76	338.06	91.95	396.31
EBIT Margin	24.57%	37.24%	36.08%	11.55%	39.77%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).