Gold prices hit 2-week high as Trump-Fed feud escalates with Cook firing
Investing.com - DA Davidson raised its price target on Texas Capital Bancshares (NASDAQ:TCBI) to $91.00 from $76.00 on Monday, while maintaining a Neutral rating on the stock. The stock currently trades at $89.73, with analyst targets ranging from $79 to $102. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
The firm cited Texas Capital’s record performance across several metrics as the bank successfully executes its multi-year strategy to deliver higher and more sustainable earnings. The stock has demonstrated strong momentum, delivering a 35.95% return over the past year and 14.74% year-to-date.
DA Davidson noted that Texas Capital’s return on assets reached 1.02% compared to 0.57% in the second quarter of 2024, putting the bank on track to hit its target of 1.1% in the second half of 2025.
The research firm highlighted that Texas Capital maintains top quartile capital levels and strong credit trends despite its strong earnings growth.
DA Davidson also mentioned that Texas Capital is still in the early stages of realizing the full benefits of its transformation, suggesting potential for additional upside after reaching its near-term targets.
In other recent news, Texas Capital Bancshares reported robust financial results for the second quarter of 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $1.63, exceeding the forecasted $1.28 by 27.34%, and reported revenue of $307.46 million, beating the anticipated $299.22 million by 2.75%. Following this performance, Raymond (NSE:RYMD) James raised its price target for Texas Capital Bancshares to $96 from $80, maintaining an Outperform rating, while Citi increased its price target to $79 from $69, though it kept a Sell rating. The strong earnings report was accompanied by a 100% year-over-year surge in adjusted net income, highlighting Texas Capital’s effective cost management and strategic growth initiatives. The bank reiterated its guidance for low double-digit revenue growth and a return on average assets target of 1.1% for the second half of 2025. Texas Capital Bancshares also reported a modest improvement in its full-year outlook, projecting fee income of approximately $60-65 million for the third quarter of 2025. This series of positive developments reflects the company’s ongoing efforts to enhance its financial performance and strategic positioning.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.