--- title: "Texas Capital Bancshrs Pref Share TCBIO 5.75 Perp 06/15/26 B | 10-Q: FY2026 Q1 Revenue: USD 488.36 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/283884499.md" datetime: "2026-04-23T20:04:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283884499.md) - [en](https://longbridge.com/en/news/283884499.md) - [zh-HK](https://longbridge.com/zh-HK/news/283884499.md) generator: "portal-rs" --- # Texas Capital Bancshrs Pref Share TCBIO 5.75 Perp 06/15/26 B | 10-Q: FY2026 Q1 Revenue: USD 488.36 M Revenue: As of FY2026 Q1, the actual value is USD 488.36 M. EPS: As of FY2026 Q1, the actual value is USD 1.56. EBIT: As of FY2026 Q1, the actual value is USD -160.3 M. #### Overall Performance (Three Months Ended March 31, 2026 vs. 2025) - **Net Income**: $73.8 million, an increase from $47.0 million in the prior year period. - **Net Income Available to Common Stockholders**: $69.5 million, up from $42.7 million. - **Return on Average Assets (ROA)**: 0.95%, an improvement from 0.61%. - **Return on Average Common Equity (ROE)**: 8.35%, up from 5.56%. - **Net Interest Income**: $254.7 million, an increase from $236.0 million, primarily driven by increased average earning assets and decreased funding costs. - **Net Interest Margin**: 3.43%, up from 3.19%. - **Efficiency Ratio**: 65.9%, improving from 72.4%. - **Non-interest Income**: $69.3 million, a significant increase from $44.4 million, mainly due to higher service charges on deposit accounts, investment banking and advisory fees, and trading income. - **Non-interest Expense**: $213.6 million, an increase from $203.0 million, primarily due to higher salaries and benefits, occupancy expense, and communications and technology expense, partially offset by reduced legal and professional expenses. #### Segmented Loan Portfolio (as of March 31, 2026 vs. December 31, 2025) - **Total Loans Held for Investment**: $25.2 billion, an increase of $1.1 billion from $24.0 billion. - **Commercial Loans**: $12.5 billion, up from $12.2 billion. - **Mortgage Finance Loans**: $7.0 billion, up from $6.1 billion, representing 28% of loans held for investment. - **Commercial Real Estate Loans**: $5.3 billion, down from $5.4 billion. - **Consumer Loans**: $431.4 million, down from $433.9 million. #### Credit Quality (Three Months Ended March 31, 2026 vs. 2025) - **Provision for Credit Losses**: $16.0 million, a decrease from $17.0 million. - **Allowance for Credit Losses on Loans**: $270.4 million, slightly down from $270.6 million at December 31, 2025. - **Net Charge-offs**: $17.4 million, up from $9.8 million. - **Commercial**: $17.4 million (0.57% of average loans), up from $9.7 million (0.35%). - **Mortgage Finance**: $0. - **Commercial Real Estate**: $0, down from $0.09 million (0.01%). - **Consumer**: $0, up from - $0.004 million. - **Non-Accrual Loans Held for Investment**: $144.9 million, up from $116.9 million. - **Criticized Loans**: $650.6 million, up from $634.9 million at December 31, 2025. - **Allowance for Credit Losses on Loans to Non-Accrual Loans Held for Investment**: 1.9x, down from 2.3x. #### Liquidity and Capital Resources - **Total Deposits**: $28.5 billion, an increase from $26.4 billion at December 31, 2025. - **Customer deposits**: $26.0 billion (91.2% of total deposits). - **Brokered deposits**: $2.5 billion (8.8% of total deposits). - **Short-term Borrowings**: - $0 at March 31, 2026, down from $330.0 million at December 31, 2025. - **Long-term Debt**: $878.3 million, up from $620.6 million. - During Q1 2026, the company repaid $134.5 million in 5.25% subordinated notes due 2026 and issued $400.0 million of 5.301% fixed-to-floating senior notes due February 2032. - **Share Repurchase Program**: The company repurchased 770,423 shares of common stock for an aggregate price of $75.1 million during Q1 2026. A new $200.0 million share repurchase program was authorized in December 2025, expiring December 31, 2026. - **Dividends**: A cash dividend of $0.20 per common share was declared on April 23, 2026, payable on June 15, 2026. #### Outlook and Strategy Texas Capital Bancshares Inc Depositary Shares Repr 1/40th 5.75 % Non-Cum Red Perp Pfd Rg Sh Series B continues to focus on managing its liquidity, maintaining adequate regulatory capital, and executing its business strategy. The company utilizes derivative transactions to manage interest rate and other risks, and regularly evaluates its funding sources with an emphasis on accessibility, stability, reliability, and cost-effectiveness. A cash dividend of $0.20 per common share was declared, and the company is actively repurchasing shares under its authorized program. ### Related Stocks - [TCBIO.US](https://longbridge.com/en/quote/TCBIO.US.md) ## Related News & Research - [Canadian Banc declares monthly distribution of $0.22 per Class A share, $0.05 per preferred share](https://longbridge.com/en/news/296359735.md) - [Irani Papel e Embalagem issues BRL 300 million credit note with Bradesco](https://longbridge.com/en/news/296421576.md) - [Higher Rates Could Reshape These 3 US Regional Bank Stocks](https://longbridge.com/en/news/296546098.md) - [OVBC announces extension of Stock Buyback Program | OVBC Stock News](https://longbridge.com/en/news/296389339.md) - [Ohio Valley Banc extends USD 5 million share buyback program to Aug. 31, 2027](https://longbridge.com/en/news/296382122.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**