Texas Capital Bancshares (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
