GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Capital Bancshares Inc (NAS:TCBI) » Definitions » Momentum Rank

Texas Capital Bancshares (Texas Capital Bancshares) Momentum Rank : 8 (As of Apr. 28, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Texas Capital Bancshares Momentum Rank?

Texas Capital Bancshares has the Momentum Rank of 8.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Texas Capital Bancshares's Momentum Rank

For the Banks - Regional subindustry, Texas Capital Bancshares's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Capital Bancshares's Momentum Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texas Capital Bancshares's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Texas Capital Bancshares's Momentum Rank falls into.



Texas Capital Bancshares Momentum Rank Related Terms

Thank you for viewing the detailed overview of Texas Capital Bancshares's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Capital Bancshares (Texas Capital Bancshares) Business Description

Traded in Other Exchanges
Address
2000 McKinney Avenue, Suite 700, Dallas, TX, USA, 75201
Texas Capital Bancshares Inc is a secured lender, with the majority of the loans held for investment, excluding mortgage finance loans and other national lines of business. The company's national lines of business provide specialized lending products to businesses throughout the United States. The bank operates in Texas' main metropolitan areas, like Austin, Dallas, Fort Worth, Houston, and San Antonio.
Executives
Robert W Stallings director 5242 BUENA VISTA DRIVE, FRISCO TX 75034
Laura L Whitley director 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
John W Cummings officer: Chief Administrative Officer 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
Thomas E Long director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Timothy J Storms officer: Chief Risk Officer 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201
Elysia Holt Ragusa director 901 S. CENTRAL EXPRESSWAY, RICHARDSON TX 75080
John Matthew Scurlock officer: Chief Financial Officer 2000 MCKINNEY AVE SUITE 700, DALLAS TX 75201
Paola M Arbour director 14201 DALLAS PARKWAY, DALLAS TX 75254
Charles S Hyle director 191C MAIN STREET, NEW CANAAN CT 06840
James H Browning director 3760 JARDIN, HOUSTON TX 77005
Julie L Anderson officer: Chief Accounting Officer 2000 MCKINNEY AVE STE 700, DALLAS TX 75201
David S. Huntley director 208 S. AKARD, ROOM 2900;07, DALLAS TX 75202
Larry L Helm director 1000 LOUISIANA, SUITE 5600, HOUSTON TX 77002
Anna M Alvarado officer: Chief Legal Officer 1600 WEST 7TH STREET, FORT WORTH TX 76102
Rob C Holmes officer: President and CEO 2000 MCKINNEY AVE, STE 700, DALLAS TX 75201