Texas Capital Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 21, 2021 at 09:17 pm
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Texas Capital Bancshares, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 223.010 million compared to USD 248.385 million a year ago. Net income was USD 60.176 million compared to USD 64.420 million a year ago. Basic earnings per share from continuing operations was USD 1.14 compared to USD 1.23 a year ago. For the full year, net interest income was USD 868.826 million compared to USD 979.720 million a year ago. Net income was USD 66.289 million compared to USD 312.015 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 6.01 a year ago. Diluted earnings per share from continuing operations was USD 1.12 compared to USD 5.99 a year ago.
Texas Capital Bancshares, Inc. is a bank holding company. The Company, through its subsidiary Texas Capital Bank (the Bank), provides a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The Bank offers a full range of products and services, including commercial loans for general corporate purposes, including financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending; treasury management services, including online banking and debit and credit card services; investment banking and advisory services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest and non-interest bearing checking accounts; savings accounts; secured and unsecured loans; online and mobile banking, and investment banking, and advisory services.
TEXAS CAPITAL BANCSHARES, INC. 
