Texas Capital Bancshares Reports Q3 2026 Financial Results with $103.7 Million Net Income

Texas Capital Bancshares, Inc. reported its financial results for the third quarter of 2026, revealing a net income of $103.7 million, a slight decrease from $105.2 million in the same quarter of 2025. The earnings per diluted share rose to $2.28, compared to $2.18 a year earlier. For the nine months ending September 30, 2026, net income increased to $262.4 million from $229.6 million in the prior year, driven by higher net interest income and non-interest income, despite increased provisions for credit losses.

Total interest income for the third quarter was $457.2 million, down from $460.6 million in the previous year, while interest expense decreased to $182.2 million from $188.8 million. This resulted in a net interest income of $275 million, up from $271.8 million year-over-year. The provision for credit losses rose to $17 million from $12 million in the same quarter last year, reflecting an increase in criticized loans. Non-interest income also saw a significant increase, totaling $81.6 million compared to $68.6 million in the prior year, largely due to growth in service charges and investment banking fees.

The company’s total assets increased to $32.3 billion as of September 30, 2026, up from $31.5 billion at the end of 2025. Loans held for investment remained stable at $24.1 billion, with notable increases in commercial loans, which rose to $13.4 billion. However, mortgage finance and commercial real estate loans saw declines. The total deposits increased to $27.7 billion, up from $26.4 billion, with non-interest bearing deposits accounting for $7 billion.

In terms of strategic developments, Texas Capital Bancshares has continued to focus on enhancing its operational efficiency and expanding its market presence. The company repurchased 2.1 million shares of its common stock during the nine months ended September 30, 2026, at an average price of $97.00 per share, under a share repurchase program authorized by its board of directors. The company also declared a cash dividend of $0.20 per common share, payable in December 2026, reflecting its commitment to returning value to shareholders.

Looking ahead, Texas Capital Bancshares remains cautiously optimistic about its growth trajectory, emphasizing the importance of managing credit risk and maintaining adequate capital levels in a fluctuating economic environment. The company continues to monitor market conditions closely and is prepared to adapt its strategies to ensure sustained profitability and shareholder value.