Texas Capital posts Q3 earnings beat and launches $200 M share repurchase program
Texas Capital Bancshares reported adjusted earnings of $2.35 per share for the third quarter of 2026, surpassing consensus estimates. Total revenue reached $356.6 million, driven by a 19% year‑over‑year rise in fee income to $81.6 million and record net interest income of $275 million. The bank repurchased about 1.05 million shares for $103 million and the board approved a new $200 million buyback program. Commercial loan balances grew 13% to $13.4 billion while CRE and mortgage‑finance loans declined.
Why it matters
The company said the earnings beat and the expanded buyback program demonstrate strong cash generation and return capital to shareholders. Investors can expect continued share‑repurchase activity, which may support the stock price.
Key facts
- 1Adjusted earnings per share were $2.35, beating the consensus estimate of $1.96. investing.com
- 2Total revenue for the quarter was $356.6 million, 5% above forecasts. investing.com
- 3Fee income rose 19% year‑over‑year to $81.6 million. investing.com
- 4Net interest income was $275 million, up $3.2 million year‑over‑year. finance.yahoo.com
- 5Commercial loan balances increased 13% year‑over‑year to $13.4 billion. finance.yahoo.com
- 6Commercial‑real‑estate loans fell 7% quarter‑over‑quarter to $4.8 billion. finance.yahoo.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.