TCBITEXAS CAPITAL BANCSHARES INC/TX
State Commercial Banks
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $4.3B
- Employees
- 1,785
- Net debt / EBITDA
- —
- −$3.9B net debt
- AI in 10-K
- 2.2
- mentions per 10K words
Takeover score 3 of 13
Fixable underperformance 1 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo109% of net incomeCash flow under 80% of net income
- Dilutive SBCYes247× of revenueOver 10% of revenue
- Payouts exceed cash flowNo52% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo95% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$83 · 0th pctBottom quartile of its SIC industry
- Quiet on AINo2.2 per 10K words · 58th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$4.3B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$6M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $254M | $332M | $189M | $78M | $330M | 326% |
| Operating cash flow | $657M | $148M | $374M | $480M | $360M | 25% |
| Capex | $4M | $11M | $16M | $65M | $13M | 81% |
| Stock-based comp | $31M | $21M | $24M | $25M | $37M | 49% |
| Buybacks | $0 | $115M | $105M | $82M | $186M | 128% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $4M · 22
- Open-market sells, 12 mo
- $11M · 4
- Net
- −$6M
Pay vs performance
No pay-versus-performance disclosure yet.