Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Texas Capital BancsharesFRA:TCA +0.59%24 Piotroski F-Score is 8 as of Aug. 02, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates FRA:TCA with a GF Score™ of 24/100 and a GF Value™ of €89.42 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,499 Banks companies, Texas Capital Bancshares ranks better than 93.46% on this metric.
Good Sign:
Piotroski F-Score is 8, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Texas Capital Bancshares has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Texas Capital Bancshares's Piotroski F-Score or its related term are showing as below:
FRA:TCA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 6 Max: 9
Current: 8
During the past 13 years, the highest Piotroski F-Score of Texas Capital Bancshares was 9. The lowest was 1. And the median was 6.
Texas Capital Bancshares (FRA:TCA) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Texas Capital Bancshares Piotroski F-Score Related Terms
Texas Capital Bancshares Piotroski F-Score Historical Data
* 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.
FRA:TCA vs FBP, UCB, CATY: Piotroski F-Score Comparison
For the Banks - Regional subindustry, Texas Capital Bancshares's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Banks Industry
For the Banks industry and Financial Services sector, Texas Capital Bancshares's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Texas Capital Bancshares's Piotroski F-Score falls into.
* 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 89.639 + 85.963 + 63.827 + 73.735 = €313 Mil. Cash Flow from Operations was 141.683 + 111.442 + 75.713 + 89.833 = €419 Mil. Revenue was 289.982 + 279.67 + 280.247 + 291.21 = €1,141 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(27695.045 + 27721.507 + 26935.394 + 28965.809 + 29436.797) / 5 = €28150.9104 Mil. Total Assets at the begining of this year (Jun25) was €27,695 Mil. Long-Term Debt & Capital Lease Obligation was €435 Mil. Total Assets was €29,437 Mil. Total Liabilities was €26,271 Mil.
Net Income was -55.248 + 67.827 + 43.518 + 67.043 = €123 Mil.
Revenue was 112.923 + 270.915 + 259.442 + 266.571 = €910 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(27735.289 + 28497.998 + 29348.948 + 29022.568 + 27695.045) / 5 = €28459.9696 Mil. Total Assets at the begining of last year (Jun24) was €27,735 Mil. Long-Term Debt & Capital Lease Obligation was €538 Mil. Total Assets was €27,695 Mil. Total Liabilities was €24,652 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Texas Capital Bancshares's current Net Income (TTM) was 313.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Texas Capital Bancshares's current Cash Flow from Operations (TTM) was 419.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Texas Capital Bancshares's return on assets of this year was 0.01130758. Texas Capital Bancshares's return on assets of last year was 0.00443983.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Texas Capital Bancshares's gearing of this year was 0.01544341. Texas Capital Bancshares's gearing of last year was 0.01889538.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Texas Capital Bancshares's current ratio of this year was 1.12052296. Texas Capital Bancshares's current ratio of last year was 1.12344856.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Texas Capital Bancshares's number of shares in issue this year was 44.062. Texas Capital Bancshares's number of shares in issue last year was 46.215.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Texas Capital Bancshares's net margin of this year was 0.27443829. Texas Capital Bancshares's net margin of last year was 0.13534084.
==> This year's net margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Texas Capital Bancshares's asset turnover of this year was 0.04120264. Texas Capital Bancshares's asset turnover of last year was 0.03280481.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
1
+
1
+
1
+
0
+
1
+
1
+
1
=
8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Texas Capital Bancshares has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Texas Capital Bancshares (FRA:TCA) has a Piotroski F-Score of 8 as of Aug. 02, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Texas Capital Bancshares and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Texas Capital Bancshares' Piotroski F-Score has ranged from 1.00 to 9.00. According to the industry distribution chart, Texas Capital Bancshares ranks #98 out of 1499 companies in the Banks industry, placing it in the top 6.5%.
Is Texas Capital Bancshares' Piotroski F-Score too high?
Texas Capital Bancshares' current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. The Banks industry median Piotroski F-Score is 6.00. Texas Capital Bancshares' value of 8 is 33.3% above this industry median. Based on the distribution chart, Texas Capital Bancshares ranks #98 out of 1499 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Texas Capital Bancshares has a GF Score™ of 24/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Capital Bancshares' Piotroski F-Score compare to FBP and UCB?
According to the Banks industry distribution chart, Texas Capital Bancshares ranks #98 out of 1499 companies for Piotroski F-Score. This places Texas Capital Bancshares in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Texas Capital Bancshares' value of 8 is 33.3% above this benchmark. Historically, Texas Capital Bancshares' own Piotroski F-Score has ranged from 1.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Texas Capital Bancshares has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Banks company?
The median Piotroski F-Score among Banks companies is 6.00, based on 1,499 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Capital Bancshares's current Piotroski F-Score of 8 is 33.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Texas Capital Bancshares and its competitors. For the Banks industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Capital Bancshares's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Capital Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Texas Capital Bancshares (FRA:TCA) is currently considered Fairly Valued. The stock's GF Value™ is €89.42, compared to a current price of €85.50 — trading 4.4% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 33.3% above the Banks industry median of 6.00. Texas Capital Bancshares' overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Texas Capital Bancshares (FRA:TCA), the current Piotroski F-Score is 8 as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texas Capital Bancshares (FRA:TCA) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Capital Bancshares stock appears to be undervalued.
The current stock price of €85.50 is trading 4.4% below its estimated GF Value™ of €89.42.
GuruFocus considers Texas Capital Bancshares to be Fairly Valued.
Key valuation signals for FRA:TCA:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: €89.42 vs. price of €85.50 (4.4% below fair value)
Industry Position: 33.3% above the Banks median (#98 of 1499)
No single metric tells the full story. See the FRA:TCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Texas Capital Bancshares Inc is a registered bank holding company and a full-service financial services firm that delivers customised solutions to businesses, entrepreneurs and individual customers. It is a secured lender with the majority of the loans held for investment, excluding mortgage finance loans and other national lines of business. Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities.
24GF Score
Get the complete analysis for FRA:TCA
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:TCA has been successfully added to your 
