Texas Capital Bank Q1 revenue rises 15.8% to $324.9 million, beating estimates

Earnings
โดย StockStory·Read original
Summary · why it matters

Texas Capital Bank reported first-quarter revenues of $324.9 million, a 15.8% year-on-year increase that exceeded analysts' expectations by 2.2%. The bank, one of 91 regional banks tracked, delivered a satisfactory quarter with an EPS beat but missed tangible book value per share estimates. Among peers, UMB Financial was the best performer with revenues of $744.8 million, up 29.3% and beating estimates by 5.4%, while BankUnited was the weakest, posting revenues of $273.8 million, up 6.1% but missing estimates by 5.1%. Overall, the group's revenues were in line with consensus, and share prices have held steady, rising 2.3% on average since the latest earnings results.

Impact on stocks 5

Financials± Mixed · 5 stocks
BankUnited Inc
BKU
▼ NegativeCapitalrelevance

BankUnited missed revenue estimates by 5.1%, making it the weakest performer among peers.

UMB Financial Corporation
UMBF
▲ PositiveCapitalrelevance

UMB Financial was the best performer with revenues of $744.8M, up 29.3% and beating estimates by 5.4%.