--- title: "Texas Capital | 8-K: FY2026 Q2 Revenue: USD 335.5 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/293515425.md" datetime: "2026-07-22T20:11:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293515425.md) - [en](https://longbridge.com/en/news/293515425.md) - [zh-HK](https://longbridge.com/zh-HK/news/293515425.md) --- # Texas Capital | 8-K: FY2026 Q2 Revenue: USD 335.5 M Revenue: As of FY2026 Q2, the actual value is USD 335.5 M. EPS: As of FY2026 Q2, the actual value is USD 1.83, missing the estimate of USD 1.8697. EBIT: As of FY2026 Q2, the actual value is USD 112 M. #### Net Income to Common - GAAP Net Income to Common was $80.6 million, an increase of $7.6 million or 10% year-over-year (YoY). - Adjusted Net Income to Common was $82.7 million, an increase of $7.2 million or 9% YoY. - For the year-to-date (YTD) 2026, adjusted net income to common was $153.2 million, an increase of $7.2 million compared to YTD 2025. #### Operating Profit (PPNR) - GAAP Pre-Provision Net Revenue (PPNR) was $130.0 million, an increase of $12.8 million or 11% YoY. - Adjusted PPNR increased $12.2 million or 10% YoY to $132.7 million. - For YTD 2026, adjusted PPNR was $244.5 million, an increase of $12.2 million compared to YTD 2025. #### Revenue - Total Revenue (GAAP) for Q2 2026 was $335.5 million, compared to $309.4 million in Q2 2025. - Adjusted Total Revenue for Q2 2026 was $335.5 million, compared to $307.5 million in Q2 2025. - For YTD 2026, adjusted total revenue was $659.5 million, an increase of $26.1 million compared to YTD 2025. - Net Interest Income for Q2 2026 was $260.4 million, an increase of $5.7 million quarter-over-quarter (QoQ). - Non-Interest Revenue (GAAP) for Q2 2026 was $75.1 million, an increase of $21.0 million or 39% YoY compared to Q2 2025. - Fee income from areas of focus increased $13.2 million or 28% YoY to $60.5 million. - Record investment banking and trading income reached $42.8 million. - Record treasury product fees were $12.5 million. - Record wealth management fees were $5.1 million. #### Operating Costs - Adjusted Non-Interest Expense for Q2 2026 was $202.8 million, an increase of $13.9 million YoY. - For YTD 2026, adjusted non-interest expense was $414.9 million, an increase of $13.9 million compared to YTD 2025. #### Operational Metrics - Return on Average Assets (ROAA) was 1.03% (GAAP) and 1.06% (Adjusted) in Q2 2026, up 4 basis points (bps) YoY for both. - Return on Average Common Equity (ROACE) was 9.6% (GAAP) and 9.8% (Adjusted) in Q2 2026, up 39 bps and 32 bps YoY respectively. - Efficiency Ratio was 61.3% (GAAP) and 60.4% (Adjusted) in Q2 2026, down 64 bps and 62 bps YoY respectively. - Return on Average Tangible Common Equity (ROATCE) was 9.6% (GAAP) and 9.8% (Adjusted) in Q2 2026, up 39 bps and 32 bps YoY respectively. - Net Interest Margin was 3.28% in Q2 2026, up 4 bps YoY. - Commercial loan balances increased $507 million or 4% QoQ and $1.2 billion or 10% YoY to $13.0 billion. - Average non-interest bearing deposits, excluding mortgage finance, increased $254 million or 8% QoQ and $183 million or 5% YoY. - Total assets were $33,913 million in Q2 2026, an increase of 6% YoY. - Total deposits reached $28,911 million, an increase of 11% YoY. - Non-interest bearing deposits were $7,574 million, a decrease of -2% YoY. - Interest bearing deposits were $21,338 million, an increase of 16% YoY. - Short-term borrowings were $350 million, a decrease of -72% YoY. - Total liabilities were $30,266 million, an increase of 6% YoY. - Average cost of interest bearing deposits increased by 6 bps to 3.38%. - Non-performing assets declined $42 million or 25% QoQ to $124 million, representing 0.37% of total assets, a 13 bps decline linked quarter. - Quarterly net charge-offs totaled $16.1 million or 26 bps of average Loans Held for Investment (LHI). - Total criticized LHI increased $59 million or 9% YoY, with the percentage to total LHI increasing 13 bps to 2.79%. - Assets Under Management were $4.8 billion in Q2 2026, an increase of 15% YoY. #### Capital and Equity - Book Value per Share was $77.01, an increase of $6.84 or 10% YoY. - Tangible Book Value per Share grew 10% YoY to $76.98, an all-time high for Texas Capital Bancshares, Inc.. - Common Equity / Total Assets was 9.87% in Q2 2026, down -18 bps YoY. - Tangible Common Equity / Tangible Assets was 9.87% in Q2 2026, down -17 bps YoY. - Total capital ratio was 14.68% and CET1 ratio was 12.07%. - Texas Capital Bancshares, Inc. repurchased 239 thousand shares in Q2 2026 for a total of $24 million. - A quarterly common stock cash dividend of $0.20 was declared. #### Outlook / Guidance - For the full year 2026, Texas Capital Bancshares, Inc. anticipates adjusted total revenue to achieve mid to high single-digit percentage growth, while adjusted non-interest expense is expected to show mid single-digit percentage growth. - The provision for average LHI, excluding mortgage finance LHI, is projected to be between 35 bps and 40 bps, with the CET1 ratio remaining above 11%. - The forward curve assumes a 25 bps hike in December, with an exit rate of 4.00% at year-end 2026, and the tax rate is expected to be approximately 25% for the full year 2026. ### Related Stocks - [TCBI.US](https://longbridge.com/en/quote/TCBI.US.md) ## Related News & Research - [Hallador Energy amends Texas Capital Bank credit agreement to adjust EBITDA definition for up to $10 million add-back](https://longbridge.com/en/news/295974524.md) - [Insider Move at Texas Capital Bancshares Sparks Investor Curiosity](https://longbridge.com/en/news/293999774.md) - [BlackRock lifts Lanxess voting rights to 5.01% from 4.21%](https://longbridge.com/en/news/296116004.md) - 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