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Texas Capital Bancshares (NASDAQ:TCBI) Inc. has reached a notable milestone as its stock hit a 52-week high of 94.39 USD. With a market capitalization of $4 billion and strong momentum scores according to InvestingPro, the company has shown remarkable resilience. This achievement reflects a strong performance over the past year, with the company’s stock delivering a 34.27% return. The rise to this 52-week high underscores investor confidence and the company’s resilience in the banking sector. Currently trading at a P/E ratio of 49.5, InvestingPro analysis suggests the stock is slightly overvalued. As Texas Capital Bancshares continues to navigate the financial landscape, this upward trajectory highlights its strategic initiatives and market positioning. With the next earnings report due in just 3 days and 5 analysts revising their earnings estimates upward, investors and analysts will be closely watching to see if this momentum can be sustained in the coming months. For deeper insights, check out the comprehensive Pro Research Report, available exclusively on InvestingPro along with 8 additional key ProTips for this stock.
In other recent news, Texas Capital Bancshares reported its first-quarter 2025 earnings, revealing a slight miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.92, falling short of the projected $0.9518, while revenue reached $280.48 million, missing the anticipated $285.71 million. Despite these shortfalls, Texas Capital Bancshares demonstrated robust year-over-year growth, with total revenue increasing by 9% and net income to common shareholders rising by 44%. In addition to the earnings report, Texas Capital Bancshares has updated its total revenue forecast to the higher end of the previously estimated range, anticipating high single to low double-digit revenue growth.
DA Davidson recently adjusted its outlook on Texas Capital Bancshares, lowering the price target to $76 from $81 while maintaining a Neutral rating, citing mixed results in the quarter. Meanwhile, Stephens reduced the price target for Texas Capital Bancshares shares to $90 from $95 but maintained an Overweight rating, highlighting the company’s strong net interest income despite weaker fee income. Jefferies began coverage of Texas Capital Bancshares, assigning it a Hold rating with a price target of $80, noting the company’s strategic transformation efforts and robust capital profile but pointing out its return metrics fall short compared to peers.
Additionally, Texas Capital Bancshares announced the appointment of Ranjana B. Clark to its Board of Directors, bringing over three decades of experience in the financial services and technology sectors. Clark will contribute to the Audit and Technology Committees, with her expertise expected to be valuable as the company pursues its strategic goals. These developments reflect Texas Capital Bancshares’ ongoing efforts to navigate market challenges while focusing on strategic growth and leadership enhancement.
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