-
1 Comment
Texas Capital Bancshares, Inc is currently in a long term downtrend where the price is trading 1.3% below its 200 day moving average.
From a valuation standpoint, the stock is 60.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.6.
Texas Capital Bancshares, Inc's total revenue sank by 5.0% to $250M since the same quarter in the previous year.
Its net income has dropped by 18.6% to $60M since the same quarter in the previous year.
Finally, its free cash flow grew by 150.3% to $470M since the same quarter in the previous year.
Based on the above factors, Texas Capital Bancshares, Inc gets an overall score of 2/5.
ISIN | US88224Q1076 |
---|---|
CurrencyCode | USD |
Exchange | NASDAQ |
Industry | Banks-Regional |
Sector | Financial Services |
Beta | 1.31 |
---|---|
Market Cap | 2B |
Dividend Yield | 0.0% |
Target Price | 59.23 |
PE Ratio | 8.13 |
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking, consumer banking, investment banking, and wealth management services. It offers business deposit products and services, including commercial checking accounts, lockbox accounts, and cash concentration accounts, as well as information, wire transfer initiation, ACH initiation, account transfer, and service integration services; and consumer deposit products, such as checking accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides commercial loans for general corporate purposes comprising financing working capital, internal growth, acquisitions, and business insurance premiums, as well as consumer loans; loans to exploration and production companies; mortgage finance loans; commercial real estate and residential homebuilder finance loans; first and second lien loans for the purpose of purchasing or constructing 1-4 family residential dwellings, as well as home equity revolving lines of credit and loans to purchase lots for future construction of 1-4 family residential dwellings; and real estate loans originated through a small business administration program, as well as equipment finance and leasing services, and letters of credit. In addition, it offers online and mobile banking, and debit and credit card services; escrow services; personal wealth management and trust services; and depositors American Airlines AAdvantage miles. It operates in Austin, Fort Worth, Dallas, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for TCBI using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024