
TCBI Stock Forecast & Price Target
TCBI Analyst Ratings
Bulls say
Texas Capital Bancshares Inc. reported a robust increase in core noninterest income, which rose by 23% quarter-over-quarter, largely driven by a strong performance in investment banking, signaling effective revenue generation strategy. The firm achieved a notable expansion in its treasury management business, facilitated by investments in digital capabilities that enable swift onboarding of new clients, enhancing client retention and overall growth potential. Additionally, the institution maintained strict expense discipline while achieving a 10% increase in core revenue, demonstrating resilience and operational efficiency amidst fluctuating loan growth and substantial deposit increases.
Bears say
Texas Capital Bancshares Inc. faces a negative outlook primarily due to a deterioration in asset quality and ongoing sluggish loan demand, resulting in balance sheet contraction and a less profitable mix of earning assets. Additionally, the competitive market landscape adversely affects loan and deposit pricing, which in turn pressures the net interest margin. Even amidst a mini banking crisis, the bank's average deposits fell to $23.2 billion in the second quarter of 2023, illustrating a significant decline in financial stability.
This aggregate rating is based on analysts' research of Texas Capital Bancshares and is not a guaranteed prediction by Public.com or investment advice.
TCBI Analyst Forecast & Price Prediction
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