Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 72

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 confidence, liquidity and regulatory responses to these developments, including in the context of regulatory examinations and related findings and actions; negative press and social media attention with respect to the banking industry or TCBI, in particular; claims, litigation or regulatory investigations and actions that TCBI may become subject to; severe weather, natural disasters, climate change, acts of war, terrorism, global or other geopolitical conflicts, or other external events, as well as related legislative and regulatory initiatives; and the risks and factors more fully described in TCBI’s most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other documents and filings with the SEC. The information contained in this communication speaks only as of its date. Except to the extent required by applicable law or regulation, we disclaim any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments.

23

Results of Operations

Selected income statement data and key performance indicators are presented in the table below:

Three Months Ended September 30,Nine Months Ended September 30,(dollars in thousands except per share data)2025202420252024Net interest income$271,771 $240,102 $761,200 $671,693 Provision for credit losses12,000 10,000 44,000 49,000 Non-interest income68,583 (114,771)167,096 (23,028)Non-interest expense190,575 195,324 583,871 586,126 Income/(loss) before income taxes137,779 (79,993)300,425 13,539 Income tax expense/(benefit)32,569 (18,674)70,840 7,054 Net income/(loss)105,210 (61,319)229,585 6,485 Preferred stock dividends4,313 4,313 12,938 12,938 Net income/(loss) available to common stockholders$100,897 $(65,632)$216,647 $(6,453)Basic earnings/(loss) per common share$2.21 $(1.42)$4.72 $(0.14)Diluted earnings/(loss) per common share$2.18 $(1.41)$4.67 $(0.14)Net interest margin3.47 %3.16 %3