Texas Capital Bancshares (TCBI) financial statements
Texas Capital Bancshares reported revenue of $1.3B in fiscal 2025, up 6.7% a year over 9 years.
Net income was $330M.
Free cash flow was $348M, and the company returned $186M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Texas Capital Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $701M | $836M | $993M | $1.1B | $1.1B | $907M | $1.2B | $1.1B | $932M | $1.3B |
| Interest expense | $64M | $118M | $249M | $386M | $188M | $108M | $268M | $716M | — | — |
| Pre-tax income | $241M | $325M | $373M | $396M | $92M | $338M | $432M | $247M | $107M | $433M |
| Income tax | $86M | $129M | $80M | $84M | $26M | $84M | $99M | $57M | $30M | $102M |
| Net income | $155M | $196M | $293M | $312M | $66M | $254M | $332M | $189M | $78M | $330M |
| EPS (diluted) | $3.11 | $3.73 | $5.64 | $5.99 | $1.12 | $4.60 | $6.18 | $3.54 | $1.28 | $6.79 |
| Diluted shares | 47M | 50M | 50M | 50M | 51M | 51M | 51M | 49M | 47M | 46M |
| Net margin | 22.1% | 23.5% | 29.5% | 29.1% | 6.3% | 28.0% | 27.1% | 17.6% | 8.3% | 26.3% |
Balance sheet
Fiscal years, from Texas Capital Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2.8B | $2.9B | $3.1B | $4.4B | $9.2B | $7.9B | $5.0B | $3.2B | $3.2B | $2.1B |
| Property, plant and equipment | $20M | $25M | $24M | $31M | $25M | $21M | $26M | $32M | $85M | $88M |
| Goodwill | $15M | $15M | $15M | $15M | $15M | $15M | $2M | $2M | $2M | $2M |
| Total assets | $21.7B | $25.1B | $28.3B | $32.5B | $37.7B | $34.7B | $28.4B | $28.4B | $30.7B | $31.5B |
| Total liabilities | $19.7B | $22.9B | $25.8B | $29.7B | $34.9B | $31.5B | $25.4B | $25.2B | $27.4B | $27.9B |
| Shareholders' equity | $2.0B | $2.2B | $2.5B | $2.8B | $2.9B | $3.2B | $3.1B | $3.2B | $3.4B | $3.6B |
| Net debt | -$2.8B | -$2.9B | -$3.1B | -$4.4B | -$9.2B | -$7.9B | -$5.0B | -$3.2B | -$3.2B | -$2.1B |
Cash flow
Fiscal years, from Texas Capital Bancshares's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$726M | $132M | -$680M | -$240M | $2.6B | $657M | $148M | $374M | $480M | $360M |
| Capital spending | $2M | $12M | $8M | $17M | $3M | $4M | $11M | $16M | $65M | $13M |
| Free cash flow | -$728M | $120M | -$687M | -$257M | $2.6B | $653M | $137M | $357M | $415M | $348M |
| Stock-based compensation | $14M | $22M | $17M | $18M | $17M | $31M | $21M | $24M | $25M | $37M |
| Share buybacks (net) | — | — | — | — | $0 | $0 | -$115M | -$105M | -$82M | -$186M |
| Net borrowing | $500M | $800M | $1.1B | -$1.5B | $0 | $528M | $0 | -$75M | -$200M | -$40M |
| Free cash flow margin | -104.0% | 14.3% | -69.2% | -24.0% | 250.1% | 72.0% | 11.2% | 33.2% | 44.5% | 27.7% |
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Open TCBI in InvestinglyQuestions
What was Texas Capital Bancshares's revenue in 2025?
$1.3B in fiscal 2025, from its 10-K filing.
How much free cash flow does Texas Capital Bancshares generate?
$348M in fiscal 2025 (operating cash flow minus capital spending).
From Texas Capital Bancshares's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.