Investing.com - Texas Capital reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Texas Capital announced earnings per share of $0.74 on revenue of $264.40. Analysts polled by Investing.com EPS of $1.00 on revenue of $259.19M.
Texas Capital 's are down 22% and is trading at $63.39 , still down 11.47% from its 52 week high of $71.60 set on Tuesday, February 8, 2022.
Texas Capital follows other major Financial sector earnings this month
Texas Capital's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.78 on revenue of $23.56B.
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