Texas Capital Bancshares, Inc. (TCBI)

NASDAQ: TCBI · IEX Real-Time Price · USD
61.55
+0.78 (1.28%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

TCBI has a market cap or net worth of $2.88 billion. The enterprise value is $2.00 billion.

Market Cap 2.88B
Enterprise Value 2.00B

Important Dates

The next estimated earnings date is Thursday, April 18, 2024, before market open.

Earnings Date Apr 18, 2024
Ex-Dividend Date n/a

Share Statistics

TCBI has 47.44 million shares outstanding. The number of shares has decreased by -3.77% in one year.

Shares Outstanding 47.44M
Shares Change (YoY) -3.77%
Shares Change (QoQ) +0.04%
Owned by Insiders (%) 1.52%
Owned by Institutions (%) 105.55%
Float 46.68M

Valuation Ratios

The trailing PE ratio is 17.32 and the forward PE ratio is 16.61. TCBI's PEG ratio is 1.40.

PE Ratio 17.32
Forward PE 16.61
PS Ratio 2.87
Forward PS 2.60
PB Ratio 0.90
P/FCF Ratio 8.07
PEG Ratio 1.40
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.96, with an EV/FCF ratio of 5.59.

EV / Earnings 11.63
EV / Sales 1.99
EV / EBITDA 6.96
EV / EBIT 8.11
EV / FCF 5.59

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.74
Debt / EBITDA 8.22
Debt / FCF 6.60
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 5.50% and return on invested capital (ROIC) is 3.40%.

Return on Equity (ROE) 5.50%
Return on Assets (ROA) 0.60%
Return on Capital (ROIC) 3.40%
Revenue Per Employee $505,054
Profits Per Employee $86,508
Employee Count 1,987
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, TCBI has paid $57.45 million in taxes.

Income Tax 57.45M
Effective Tax Rate 25.05%

Stock Price Statistics

The stock price has increased by +20.82% in the last 52 weeks. The beta is 1.19, so TCBI's price volatility has been higher than the market average.

Beta (1Y) 1.19
52-Week Price Change +20.82%
50-Day Moving Average 60.09
200-Day Moving Average 59.01
Relative Strength Index (RSI) 55.32
Average Volume (30 Days) 467,986

Short Selling Information

The latest short interest is 2.43 million, so 5.12% of the outstanding shares have been sold short.

Short Interest 2.43M
Short Previous Month 2.78M
Short % of Shares Out 5.12%
Short % of Float 5.21%
Short Ratio (days to cover) 6.14

Income Statement

In the last 12 months, TCBI had revenue of $1.00 billion and earned $171.89 million in profits. Earnings per share was $3.54.

Revenue 1.00B
Gross Profit 1.00B
Operating Income 246.60M
Pretax Income 246.60M
Net Income 171.89M
EBITDA 287.07M
EBIT 246.60M
Earnings Per Share (EPS) $3.54
Full Income Statement

Balance Sheet

The company has $3.24 billion in cash and $2.36 billion in debt, giving a net cash position of $883.70 million or $18.63 per share.

Cash & Cash Equivalents 3.24B
Total Debt 2.36B
Net Cash 883.70M
Net Cash Per Share $18.63
Equity / Book Value 3.20B
Book Value Per Share 67.44
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $373.74 million and capital expenditures -$16.38 million, giving a free cash flow of $357.36 million.

Operating Cash Flow 373.74M
Capital Expenditures -16.38M
Free Cash Flow 357.36M
FCF Per Share $7.44
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 24.57% and 17.13%.

Gross Margin 100.00%
Operating Margin 24.57%
Pretax Margin 24.57%
Profit Margin 17.13%
EBITDA Margin 28.61%
EBIT Margin 24.57%
FCF Margin 35.61%

Dividends & Yields

TCBI does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 3.77%
Shareholder Yield 3.77%
Earnings Yield 5.96%
FCF Yield 12.40%
Dividend Details

Analyst Forecast

The average price target for TCBI is $65.89, which is 7.05% higher than the current price. The consensus rating is "Hold".

Price Target $65.89
Price Target Difference 7.05%
Analyst Consensus Hold
Analyst Count 9
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5