Texas Capital Bancshares (TCBI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Texas Capital Bancshares

NasdaqGS•Financial Services•Banks - Regional

$95.33-2.44(-0.02%)Pre-market

Market Cap

$4.12B

P/E

11.3x

P/S

2.0x

P/B

1.1x

Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services. It also provides deposit accounts, analyzed accounts, commercial card, SBA and business loans, packaged solutions, and merchant services; liquidity and investments, working capital, international trade and payment, and treasury and credit products; and commercial real estate, homebuilder and community, and mortgage finance. In addition, the company offers payables and receivables management; online and mobile banking; term loans and lines of credit, equipment finance and lease, acquisition finance, and asset-based lending; private wealth advisory solutions; and checking and savings accounts, debit and credit cards, and certificates of deposit, as well as ETF and funds management services. Further, it provides financial institution money market accounts and loan syndication products; commercial loans for financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending services; treasury management, trust, and advisory and escrow services; and letters of credit. The company operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas, as well as in California and New York. The company was incorporated in 1996 and is headquartered in Dallas, Texas.

How this company scores

WeakMetricSide Score: 84/100

Grade capped at D — Interest coverage below 1× (0.6x) — earnings cannot cover interest. Strongest: Growth (23/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability21/25

Growth23/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality22/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.6x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.3x5y range 6.8x – 124.0x

Currently near its 20-quarter median.

P/S · 2.0x5y range 1.3x – 3.1x

Currently near its 20-quarter median.

P/B · 1.1x5y range 0.8x – 1.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $4.12B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.04B
Q. Revenue: $515.05M
TTM EBITDA: $560.42M
TTM Op. Income: $476.48M
Q. Op. Income: $112.00M
TTM Net Income: $364.61M
Q. Net Income: $84.95M
EPS: $1.85
Shares Out.: $43.60M

$2.04B in TTM revenue grew 13.5% YoY, reaching $515.05M last quarter. TTM EBITDA of $560.42M and TTM operating income of $476.48M show growth is flowing through to the bottom line. TTM net income of $364.61M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 65.1%
EBITDA Margin: 24.8%
Op. Margin: 21.7%
Net Margin: 16.5%

Op. margin of 21.7% is up 1.0% YoY — cost efficiency is improving. Net margin at 16.5% and gross margin of 65.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 5% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.3x
P/S Ratio: 2.0x
P/B Ratio: 1.1x

At 11.3x P/E, the stock trades below typical market levels. P/S of 2.0x and P/B of 1.1x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 7 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $33.91B
Cash: $3.70B
Long-Term Debt: $500.86M
Book Value: $3.65B
D/E Ratio: 0.1
Debt/EBITDA: 3.9

With $33.91B in assets and $500.86M in long-term debt, D/E is 0.1and book value is $3.65B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 22% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $103.49M
TTM Free Cash Flow: $471.85M
FCF Margin: 23.2%
FCF / Net Income: 1.3

TTM FCF of $471.85M on $103.49M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.