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

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

Texas Capital Bancshares

TXSE•Financial Services•Banks - Regional

$101.99+3.21(0.03%)After hours

Market Cap

$4.43B

P/E

12.2x

P/S

2.2x

P/B

1.3x

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× (0.7x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability23/25

Growth19/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality24/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.7x) — 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 · 12.2x5y range 6.8x – 124.0x

Currently near its 20-quarter median.

P/S · 2.2x5y range 1.3x – 3.1x

Currently near its 20-quarter median.

P/B · 1.3x5y range 0.8x – 1.3x

Price & Volume

Market Cap $4.43B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $2.05B
Q. Revenue: $538.80M
TTM EBITDA: $557.42M
TTM Op. Income: $474.41M
Q. Op. Income: $135.70M
TTM Net Income: $363.10M
Q. Net Income: $103.70M
EPS: $2.3
Shares Out.: $43.12M

$2.05B in TTM revenue grew 3.0% YoY, reaching $538.80M last quarter. TTM EBITDA of $557.42M and TTM operating income of $474.41M show growth is flowing through to the bottom line. TTM net income of $363.10M 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: 66.2%
EBITDA Margin: 27.4%
Op. Margin: 25.2%
Net Margin: 19.2%

Op. margin of 25.2% is down 0.8% YoY — costs are rising relative to revenue. Net margin at 19.2% and gross margin of 66.2% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 12.2x
P/S Ratio: 2.2x
P/B Ratio: 1.3x

At 12.2x P/E, the stock trades below typical market levels. P/S of 2.2x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 6% — an improving trend.

Assets & Liabilities

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

Total Assets: $32.35B
Cash: $2.67B
Long-Term Debt: $487.27M
Book Value: $3.49B
D/E Ratio: 0.1
Debt/EBITDA: 3.3

With $32.35B in assets and $487.27M in long-term debt, D/E is 0.1and book value is $3.49B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 18% — a weakening trend.

Cash Flow

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

Op. Cash Flow: $207.26M
TTM Free Cash Flow: $518.63M
FCF Margin: 25.3%
FCF / Net Income: 1.4

TTM FCF of $518.63M on $207.26M in operating cash flow. The FCF / Net Income ratio of 1.4x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.