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Texas Capital Bancshares (Texas Capital Bancshares) Net Income : $177 Mil (TTM As of Mar. 2024)


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What is Texas Capital Bancshares Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Texas Capital Bancshares's Net Income for the three months ended in Mar. 2024 was $26 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $177 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Texas Capital Bancshares's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.46.


Texas Capital Bancshares Net Income Historical Data

The historical data trend for Texas Capital Bancshares's Net Income 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.

* Premium members only.

Texas Capital Bancshares Net Income Chart

Texas Capital Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 312.02 66.29 253.94 332.48 189.14

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
Net Income 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 38.66 68.65 61.68 20.15 26.14

Texas Capital Bancshares Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Texas Capital Bancshares's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=246.595+-57.454+0+0
=189

Texas Capital Bancshares's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=34.935+-8.793+0+-3.5527136788005E-15
=26

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $177 Mil.

* 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  (NAS:TCBI) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Texas Capital Bancshares's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Texas Capital Bancshares Net Income Related Terms

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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