Company: TCBI
Filing Date: 2025-07-17
Form Type: 10-Q
Source: 0001077428-25-000136
Chunk: 72

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-07-17
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 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.

24

Results of Operations

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

Three Months Ended June 30,Six Months Ended June 30,(dollars in thousands except per share data)2025202420252024Net interest income$253,395 $216,582 $489,429 $431,591 Provision for credit losses15,000 20,000 32,000 39,000 Non-interest income54,069 50,424 98,513 91,743 Non-interest expense190,276 188,409 393,296 390,802 Income before income taxes102,188 58,597 162,646 93,532 Income tax expense24,860 16,935 38,271 25,728 Net income77,328 41,662 124,375 67,804 Preferred stock dividends4,312 4,312 8,625 8,625 Net income available to common stockholders$73,016 $37,350 $115,750 $59,179 Basic earnings per common share$1.59 $0.80 $2.52 $1.26 Diluted earnings per common share$1.58 $0.80 $2.49 $1.25 Net interest margin3.35 %3.01 %3.27 %3.02 %Return on average assets (“ROA”)0.99 %0.56 %0.80 %0.46 %Return on average common equity (“ROE”)9.17 %5.26 %7.40 %4.14 %Efficiency ratio(1)61.9 %70.6 %66.9 %74.7 %Non-interest income to average earning assets0.72 %0.71 %0.66 %0.65 %Non-interest expense to average earning assets2.52 %2.65 %2.