The combination of a strong EPS beat, record fee income, NIM expansion, and a new $200M buyback signals improving earnings diversification and capital return. Watch for credit quality trends — criticized loans increased 12.4% QoQ — as the key risk to the positive narrative.
Price Chart
Executive Summary
Texas Capital Bancshares reported Q3 2026 EPS of $2.28, a 16.9% beat vs $1.95 consensus, on record net interest income of $275.0M and total revenue of $356.6M (above $339.9M consensus). Fee income hit a record, up 14% YoY, and CET1 improved to 12.2%, but credit quality weakened with criticized loans rising to $782.4M and net charge-offs of $14.5M. The board authorized a new $200M share repurchase program through October 2027.
Key Financial Metrics
Key Facts
- EPS $2.28 beat consensus $1.95 by 16.9%
- Record net interest income of $275.0M, up 5.6% QoQ
- Record fee income of $81.6M, up 14% YoY
- Total revenue $356.6M vs consensus $339.9M
- CET1 ratio improved to 12.2% from 12.1% QoQ
- New $200M share repurchase program authorized through Oct 2027
- Repurchased 1,051,660 shares for $103.0M in Q3 at ~$96.99/share
- Criticized loans rose to $782.4M from $696.3M QoQ
- Net charge-offs of $14.5M vs $16.1M in Q2 2026
- Net interest margin expanded 16 bps QoQ to 3.44%
Financial Impact
EPS beat consensus by $0.33 (16.9%); revenue beat by $16.7M (4.9%)
Risk Factors
- Criticized loans rose to $782.4M, up from $696.3M QoQ and $529.7M YoY
- Non-accrual LHI at $122.3M, up from $96.1M YoY
- Provision for credit losses increased to $17.0M from $12.0M YoY
- Net interest margin down 3 bps YoY to 3.44%
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3385896 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $98.78 $101.99 | ▲ +3.25% | ▲ +3.77% | $101.61 (+2.86%) |
Oct 21, 2026 5d ago | Press Release | $98.78 $101.99 | ▲ +3.25% | ▲ +3.77% | $101.61 (+2.86%) |
Sep 14, 2026 6w ago | 8-K | $98.44 $97.77 | ▼ −0.68% | ▼ −0.22% | $101.61 (+3.22%) |
Jul 22, 2026 13w ago | Press Release | $98.67 $99.25 | ▲ +0.59% | ▲ +0.49% | $101.61 (+2.98%) |
Jul 8, 2026 15w ago | Press Release | $102.67 $102.36 | ▼ −0.30% | ▼ −0.73% | $101.61 (−1.03%) |
Jun 11, 2026 19w ago | Institutional Cluster | $100.36 $101.51 | ▲ +1.15% | ▲ +0.60% | $101.61 (+1.25%) |
Jun 10, 2026 19w ago | Insider Cluster | $100.36 $101.51 | ▲ +1.15% | ▲ +0.60% | $101.61 (+1.25%) |
Apr 23, 2026 26w ago | Press Release | $103.58 $99.13 | ▲ +4.30% | ▲ +5.08% | $101.61 (+1.90%) |
Mar 17, 2026 31w ago | DEFA14A | $91.08 $91.83 | ▲ +0.82% | ▲ +1.09% | $101.61 (+11.56%) |
Mar 12, 2026 32w ago | DEFA14A | $92.34 $92.52 | ▲ +0.19% | ▲ +0.79% | $101.61 (+10.04%) |
US Market Status
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