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Texas Capital Bank

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Texas Capital Bancshares, Inc.
Company typePublic
Nasdaq: TCBI
S&P 600 Component
IndustryBanking
Founded1998
HeadquartersDallas, Texas, USA
Key people
Larry Helm, Executive Chairman and Chief Executive Officer
RevenueIncrease$992.9 million (2018)[1]
Increase$300.8 million (2018) [1]
Total assetsIncrease$28.3 billion (2018) [2]
Number of employees
1,700 [citation needed]
Websitewww.texascapitalbank.com

Texas Capital Bank is a commercial bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas.

History

The bank was established on December 18, 1998 by a group of entrepreneurial bankers who were able to raise $80 million in start-up capital, the most for a new financial institution at that time. In 2003, the company completed a successful IPO and now trades on NASDAQ under the ticker symbol TCBI. Since then, Texas Capital Bank has been one of the fastest growing financial institutions in the country and Texas.[3]

Services

The bank offers many business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as other treasury management services, including information services, wire transfer initiation, ACH initiation, account transfer, and service integration; and consumer deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial loans for general corporate purposes comprising financing for working capital, internal growth, and acquisitions, as well as financing for business insurance premiums; real estate term and construction loans; mortgage warehouse lending; mortgage correspondent aggregation; equipment finance and leasing; medium- and long-term tax-exempt loans; treasury management services, including online banking and debit and credit card services; and letters of credit. In addition, it offers personal wealth management and trust services; certificates of deposit and IRAs; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; secured and unsecured loans; and online and mobile banking facilities. It primarily serves clients in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. The company operates full-service locations in Austin, Dallas, Fort Worth, Houston, and San Antonio.[4]

References

  1. ^ a b "TCBI Income Statement - Texas Capital Bancshares, Inc. Stock - Yahoo Finance". finance.yahoo.com.
  2. ^ "TCBI Balance Sheet - Texas Capital Bancshares, Inc. Stock - Yahoo Finance". finance.yahoo.com.
  3. ^ "Our History & Heritage - Texas Capital Bank". www.texascapitalbank.com.
  4. ^ "TCBI Profile - Texas Capital Bancshares, Inc. Stock - Yahoo Finance". finance.yahoo.com.
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