Previous Close | 59.00 |
Open | 59.08 |
Bid | 60.44 x 800 |
Ask | 60.49 x 1000 |
Day's Range | 58.66 - 60.20 |
52 Week Range | 42.79 - 66.18 |
Volume | |
Avg. Volume | 468,621 |
Market Cap | 2.823B |
Beta (5Y Monthly) | 1.19 |
PE Ratio (TTM) | 16.81 |
EPS (TTM) | 3.54 |
Earnings Date | Apr 18, 2024 - Apr 22, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 66.96 |
Subscribe to Yahoo Finance Plus to view Fair Value for TCBI
More than two dozen bank investors and analysts gathered for a luncheon with Valley National Bancorp Chief Executive Ira Robbins last month, a few days after a fellow regional lender stunned Wall Street by posting an unexpected loss and slashing its dividend. Most of them wanted to know how New York Community Bancorp the nation’s 28th-biggest bank, had found itself in this position less than a year after several other regionals failed. The banking industry’s middle class is shrinking.
Director Thomas Long has recently increased his stake in Texas Capital Bancshares Inc (NASDAQ:TCBI) by purchasing 2,000 shares of the company's stock, according to a SEC Filing dated 2024-02-27.
Texas Capital's (TCBI) strategy to expand its product offerings and digitalize operations will likely boost financials. However, escalating operating costs are creating a headwind.