Bitcoin price today: gains to $120k, near record high on U.S. regulatory cheer
DALLAS - Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital Bank, has announced the appointment of Ranjana B. Clark to its Board of Directors, effective last Monday. Clark brings over three decades of experience in the financial services and technology sectors to her new role, where she will contribute to the Audit and Technology Committees. The appointment comes as the bank, currently valued at $3 billion by market capitalization, shows promising growth potential with net income expected to increase this year, according to InvestingPro data.
Clark’s career includes significant leadership positions, most recently as Head of Global Transaction Banking at Mitsubishi UFJ Financial Group (MUFG). Her tenure at MUFG also saw her in the role of Head of Transaction Banking for the Americas. Prior to her time at MUFG, Clark served as Chief Customer and Marketing Officer at PayPal Inc. Her academic credentials include a BA in economics from the University of Delhi and two MBAs focusing on marketing and finance from the Indian Institute of Management, Ahmedabad, and Duke University’s Fuqua School of Business, respectively. InvestingPro analysis reveals 8 additional key insights about Texas Capital’s current market position and growth trajectory.
Rob C. Holmes, Chairman, President & CEO of Texas Capital, praised Clark’s global perspective and innovative track record, stating that her expertise will be valuable as the company pursues its strategic goals.
Clark also holds board positions with Xometry Inc., InvestCloud Inc., and StanCorp Financial Group Inc., and is a fellow at Stanford University’s Distinguished Careers Institute, as well as a member of the Asia Foundation’s President’s Leadership Council.
Texas Capital Bancshares is a member of the Russell 2000® Index and the S&P MidCap 400®, offering a range of financial services to businesses, entrepreneurs, and individual clients. The company, founded in 1998 and headquartered in Dallas, operates offices throughout Texas and serves clients nationwide.
This announcement is based on a press release statement from Texas Capital Bancshares, Inc.
In other recent news, Texas Capital Bancshares reported its first-quarter 2025 earnings, which fell short of expectations. The company posted earnings per share (EPS) of $0.92, missing the projected $0.9518, and revenue of $280.48 million, below the anticipated $285.71 million. Despite these shortfalls, Texas Capital Bancshares has updated its total revenue forecast to the higher end of the previously estimated range, aiming for high single to low double-digit revenue growth. Analysts from DA Davidson and Stephens have adjusted their price targets for the company, with DA Davidson lowering it to $76 while maintaining a Neutral rating, and Stephens reducing it to $90 but keeping an Overweight rating. Stephens highlighted the robust net interest income but noted weaker fee income due to macroeconomic conditions. Texas Capital Bancshares has expressed confidence in its future prospects, particularly in capital markets activity, with merger and acquisition pipelines reportedly twice as large as the previous year. The company also reaffirmed its goal of achieving a return on assets of 1.10% in the second half of 2025. Despite the mixed results, Texas Capital’s management remains optimistic about its strategic initiatives and future growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.