Company: TCBI
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001077428-25-000145
Chunk: 122

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-10-23
Form: 10-Q
Item: Part I, Item 8
Chunk 122
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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 %3.34 %3.07 %Return on average assets (“ROA”)1.30 %(0.78)%0.97 %0.03 %Return on average common equity (“ROE”)12.04 %(8.87)%9.02 %(0.30)%Efficiency ratio(1)56.0 %155.8 %62.9 %90.4 %Non-interest income to average earning assets0.88 %(1.52)%0.73 %(0.11)%Non-interest expense to average earning assets2.44 %2.59 %2.57 %2.71 %

(1)    Non-interest expense divided by the sum of net interest income and non-interest income.

Three months ended September 30, 2025 compared to three months ended September 30, 2024

The Company reported net income of $105.2