Texas Capital Bancshares, Inc./TX recently released its 10-Q report, providing a comprehensive overview of its financial performance. The company operates as the bank holding company for Texas Capital Bank, offering a wide range of financial services to businesses, entrepreneurs, and individual customers. These services include commercial banking, consumer banking, investment banking solutions, wealth management services, and more. The company operates in major metropolitan areas in Texas, such as Austin, Dallas, Fort Worth, Houston, and San Antonio.
In the 10-Q report, under Item 1 * Financial Statements, the consolidated balance sheets as of September 30, 2025, and December 31, 2024, reveal that the company's total assets increased to $32,536,980, compared to $30,731,883 in the previous period. The balance sheets also show an increase in loans held for investment, mortgage finance, and net loans held for investment.
Moreover, the consolidated statements of income and other comprehensive income for the three months ended September 30, 2025, and the nine months ended September 30, 2025, indicate a significant improvement in net income. The company reported a net income of $105,210 for the three-month period and $229,585 for the nine-month period, compared to a net loss of $61,319 and $6,485 for the same periods in the previous year, respectively.
Additionally, the consolidated statements of cash flows for the nine months ended September 30, 2025, show a net increase in cash and cash equivalents of $3,064,825, compared to $4,191,585 in the previous year. The report also includes detailed information on operating activities, investing activities, and financing activities, providing insights into the company's cash flow dynamics.
Following these announcements, the company's shares moved 0.42%, and are now trading at a price of $82.03. Check out the company's full 10-Q submission here.
