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Texas Capital Bancshares (STU:TCA) Tax Rate % : 25.17% (As of Mar. 2024)


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What is Texas Capital Bancshares Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Texas Capital Bancshares's Tax Expense for the three months ended in Mar. 2024 was €8.1 Mil. Texas Capital Bancshares's Pre-Tax Income for the three months ended in Mar. 2024 was €32.1 Mil. Therefore, Texas Capital Bancshares's Tax Rate % for the quarter that ended in Mar. 2024 was 25.17%.

Texas Capital Bancshares Tax Rate % Historical Data

The historical data trend for Texas Capital Bancshares's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Texas Capital Bancshares Tax Rate % Chart

Texas Capital Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.27 27.90 24.88 22.99 23.30

Texas Capital Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.78 23.17 23.90 20.87 25.17

Texas Capital Bancshares Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Texas Capital Bancshares's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=52.685/226.128
=23.30 %

Texas Capital Bancshares's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=8.09/32.14
=25.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Texas Capital Bancshares Tax Rate % Related Terms

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Texas Capital Bancshares (STU:TCA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Capital Bancshares Inc (STU:TCA) » Definitions » Tax Rate %
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Traded in Other Exchanges
TCBIO.PFD:USA TCBI:USA
Address
2000 McKinney Avenue, Suite 700, Dallas, TX, USA, 75201
Website
https://www.texascapitalbank.com
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.

Texas Capital Bancshares (STU:TCA) Headlines

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