Texas Capital Bancshares: Q1 Earnings Insights

Texas Capital Bancshares TCBI reported its Q1 earnings results on Thursday, April 20, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Texas Capital Bancshares missed estimated earnings by 18.6%, reporting an EPS of $0.7 versus an estimate of $0.86.

Revenue was up $68.92 million from the same period last year.

Last quarter the company missed on EPS by $0.07 which was followed by a 5.63% increase in the share price the next day.

Here's a look at Texas Capital Bancshares's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.94	1.01	0.74	0.73
EPS Actual	0.87	0.74	0.59	0.69
Revenue Estimate	273.83M	257.74M	221.95M	213.99M
Revenue Actual	525.27M	264.41M	231.77M	203.83M

To track all earnings releases for Texas Capital Bancshares visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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