Texas Capital Bancshares (TCBI) Reports In-Line Q3 EPS

Texas Capital Bancshares (NASDAQ: TCBI) reported Q3 EPS of $1.12, in-line with the analyst estimate of $1.12.

• Loans held for investment ("LHI"), excluding mortgage finance, increased 4% on a linked quarter basis, growing 17% from the third quarter of 2016.
• Total mortgage finance loans, including MCA, increased 9% on a linked quarter basis and increased 18% from the third quarter of 2016.
• Demand deposits increased 1% and total deposits increased 10% on a linked quarter basis, decreasing 6% and increasing 5%, respectively, from the third quarter of 2016.
• Net income increased 15% on a linked quarter basis and increased 37% from the third quarter of 2016.
• EPS increased 15% on a linked quarter basis and increased 29% from the third quarter of 2016.
• ROE increased to 11.20% compared to 10.08% for the second quarter of 2017 and 10.20% for the third quarter of 2016.

For earnings history and earnings-related data on Texas Capital Bancshares (TCBI) click here.

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