Texas Capital Bancshares, Inc. (TCBI)
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 |
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 |
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 |
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 |
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% |
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 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 |