Texas Capital Bancshares Insider Invests in Company

CEO buys 5,000 shares

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Apr 24, 2017
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Keith Cargill, president and CEO of Texas Capital Bancshares Inc. (TCBI, Financial), purchased 5,000 shares of the company on April 21 according to SEC filings.

Cargill now owns 77,286 shares of the company.

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Headquartered in Dallas, Texas Capital Bancshares operates as the holding company for Texas Capital Bank NA.

The company provides commercial banking services to its customers in Texas and concentrates on middle-market commercial businesses and successful professionals and entrepreneurs.

The company announced a quarterly dividend of 40 cents per share for preferred stock  on April 24.

Texas Capital Bancshares has a market cap of $4.28 billion, a price-earnings (P/E) ratio of 22.59, an enterprise value of $3.43 billion, a price-book (P/B) ratio of 2.04 and a price-sales (P/S) ratio of 5.05.

According to GuruFocus, the company has a 6 of 10 financial strength rating with a cash-debt ratio of 1.53 and an equity-asset ratio of 0.10. Its Beneish M-Score of -2.28 indicates it does not manipulate its financial statements.

The company has a 6 of 10 profitability and growth rating. It has an operating margin of 38.87%, a net margin of 23.80%, a return on assets (ROA) of 0.81% and a three-year revenue growth rate of 10.50%

Texas Capital Bancshares has a 4.5-star predictability rating. According to GuruFocus, based on backtesting results, stocks with this rating produce, on average, a 10.6% yearly return over a 10-year period.

Over the past 10 years, the company's revenue has increased 11.40%, its EBITDA has increased 15.90%, operating income growth has increased 17.20% and its book value has increased 14.50%.

The company’s revenue per share has had consistent growth

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Over the past 10 years, Texas Capital Bancshares revenue per share has averaged 9.58% per year.

NWQ Managers (Trades, Portfolio) purchased a stake in the company during the fourth quarter of 2016. Since then, its stock price has gained an estimated 77%.

Disclosure: Author does not own any shares of this company.

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