Texas Capital Bancshares TCBI announced its first quarter results on Wednesday April 20, 2022 at 4:00 p.m.
Here’s what investors need to know about the announcement.
Earnings
Texas Capital Bancshares missed estimated earnings by 5.48%, recording EPS of $0.69 versus an estimate of $0.73.
Revenue decreased by $35.34 million compared to the same period last year.
Past Earnings Performance
Last quarter, the company beat EPS by $0.27, followed by a 2.37% increase in share price the next day.
Here is an overview of past performance of Texas Capital Bancshares:
| Trimester | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS estimate | 0.92 | 1.10 | 1.21 | 1.10 |
| Actual EPS | 1.19 | 0.94 | 1.31 | 1.33 |
| Revenue estimate | 215.33M | 224.63M | 239.45M | 250.90M |
| Actual turnover | 225.49M | 215.31M | 227.10M | 239.16M |
To follow 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.
