Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 144

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 144
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 of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

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PART II - OTHER INFORMATION

ITEM 1.     LEGAL PROCEEDINGS

The Company is subject to various claims and legal actions that may arise in the ordinary course of conducting its business. Management does not expect the disposition of any of these matters to have a material adverse impact on the Company’s financial statements or results of operations. 

ITEM 1A.     RISK FACTORS

There have been no material changes in the Company’s risk factors from those previously disclosed in Part I, Item 1A of the Company’s 2024 Form 10-K.

ITEM 2.     UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

The Company repurchased shares of its common stock in the open market during the nine months ended September 30, 2025 as follows:

Total Number ofApproximate Dollar ValueShares Purchased as Partof Shares That May YetTotal Number ofAverage Price Paidof Publicly AnnouncedBe Purchased Under theShares Purchasedper Share(1)Plans or Programs(2)Plans or Programs(1)(2)Total first quarter 2025396,106 $78.25 396,106 $169,003,778 Total second quarter 2025317,860 $65.50 317,860 $148,183,554 July 2025— $— — $148,183,554 August 202587,087 80.49 87,087 141,174,282 September 2025— — — 141,174,282 Total third quarter 202587,087 $80.49 87,087 $141,174,282 Total 2025801,053 $73.44 801,053 $141,174,282 

(1)    The approximate dollar value of shares that may yet be purchased under the plans or programs and average price paid per share do not include the effect of excise tax expense incurred on net stock repurchases.

(2)    On January 22, 2025, the Company’s board of directors authorized a