AI-extracted from the 10-Q filed 2026-10-22 — Q3 FY2026 (quarter ended September 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Texas Capital Q3 2026 net income fell to $103.7M from $105.2M as non-interest expense rose 7% to $203.9M, partly offset by 19% higher non-interest income to $81.6M.
Biggest Revenue Drivers
Net interest income$275.0M+1% YoY
Increase primarily due to growth in average earning assets and lower funding costs, partially offset by lower earning asset yields.
Non-interest income$81.6M+19% YoY
Increases in service charges on deposit accounts, investment banking and advisory fees, trading income and other non-interest income.
Biggest Revenue Drivers
Net interest income$275.0M+1% YoY
Increase primarily due to growth in average earning assets and lower funding costs, partially offset by lower earning asset yields.
Non-interest income$81.6M+19% YoY
Increases in service charges on deposit accounts, investment banking and advisory fees, trading income and other non-interest income.
Largest Expense Items
Salaries and benefits$121.6M+1% YoY
Increase reflects restructuring expenses recognized in the third quarter of 2026.
Communications and technology$32.0M+30% YoY
Increase primarily as a result of restructuring expenses recognized in the third quarter of 2026.
Provision for credit losses$17.0M+42% YoY
Provision reflects an increase in criticized loans and net charge-offs during the nine-month period.
Margins: Net interest margin was 3.44% versus 3.47% a year earlier, as lower average earning asset yields more than offset a decline in deposit costs. Efficiency ratio rose to 57.2% from 56.0%.
Watch Items from the Filing
Criticized loans totaled $782.4M at September 30, 2026, up from $634.9M at December 31, 2025.
Non-accrual loans held for investment were $122.3M, or 0.51% of loans held for investment, versus 0.49% at year-end 2025.
Estimated uninsured deposits were 42% of assessable deposits at September 30, 2026.
Common Equity Tier 1 ratio of 12.20% for the Company remains above the 7.00% minimum plus buffer, with capital ratios above well-capitalized levels.
Company repurchased 1,051,660 shares in Q3 2026 and authorized a new $200.0M repurchase program on October 20, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About TEXAS CAPITAL BANCSHARES INC/TX (TCBI): stock profile, AI score and financials
TEXAS CAPITAL BANCSHARES INC/TX (TCBI) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores TCBI at 63.9/100 on a composite quality score built from its SEC filings, placing it at rank #557 of 2,891 stocks — the top 25% of the AI-ranked universe. TCBI scores in the top quartile across profitability (90.4), free cash flow (88.3). Shareholder dilution risk is elevated at 32.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q3 2026), TEXAS CAPITAL BANCSHARES INC/TX reports quarterly revenue of $356.6M, net income of $103.7M, an operating margin of 38.0%. TCBI trades on the TXSE exchange and files with the SEC under CIK 1077428. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TCBI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for TEXAS CAPITAL BANCSHARES INC/TX directly from SEC EDGAR.