AI brief of an SEC Form 8-K · Texas Capital Bancshares (TCBI)

Texas Capital Q2 EPS $0.80, up from $0.46 in Q1 but down from $1.33 a year earlier

Mixed Impact 3 of 5 earnings Written later

Texas Capital Bancshares reported second-quarter 2024 net income of $41.7 million and net income available to common stockholders of $37.4 million, or $0.80 per diluted share. That is up from $0.46 in the first quarter but down from $1.33 in the second quarter of 2023. The results were released in a press release and presentation filed as exhibits to this 8-K.

Key points

  • Net income available to common stockholders was $37.4 million, or $0.80 per diluted share, versus $21.8 million, or $0.46, in Q1 2024 and $64.3 million, or $1.33, in Q2 2023.
  • Provision for credit losses was $20.0 million, with $12.0 million in net charge-offs.
  • Net interest margin was 3.01%, and non-interest income rose $9.1 million, or 22%, from Q1 2024.
  • The company repurchased 852,098 shares for $50.0 million, at a weighted average price of $58.14 per share.

The filing

CompanyTexas Capital Bancshares (TCBI)
Form8-K, current report
Filed with the SECJul 18, 2024, 6:00 AM ET
Accession number0001077428-24-000144

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 18, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.