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Texas Capital Bancshares (TCBI) delivers tailored financial solutions through commercial banking, secured lending, and wealth management services focused on Texas business communities. This news hub provides investors and stakeholders with centralized access to official TCBI developments.
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Texas Capital Bancshares, the parent company of Texas Capital Bank, announced the release date for its Q2 2024 financial results. The results will be published before market on Thursday, July 18, 2024.
An executive management team will host a conference call and webcast on the same day at 9:00 a.m. EDT to discuss the results. Interested participants can pre-register for the call to receive a unique PIN for quick access or dial in using the provided phone number and access code.
A live webcast and presentation slides will be available on the company's investor website, and an audio replay will be accessible one hour after the call's conclusion.
Texas Capital Bancshares (TCBI) has appointed Brett Fenn as Managing Director, Head of Business Banking, effective immediately. Based in Houston, Fenn will oversee a team across five Texas cities, focusing on client relationships and company growth. Reporting to Jay Clingman, Head of Commercial Banking, Fenn is expected to leverage his past experience in investment banking and understanding of market dynamics to enhance service offerings. Fenn, who joined Texas Capital in 2022, aims to build on the firm's success and drive further growth in Texas' robust economy.
Texas Capital Bancshares (NASDAQ: TCBI) announced the opening of its new financial center in Southlake, Texas, scheduled for next month. This center will be the first of its kind for the company, combining digital capabilities with personalized, in-person services. Located at 1538 East Southlake Boulevard, the center will offer private wealth management, business banking, and personalized retail banking services.
The new facility is part of Texas Capital's broader transformation strategy aimed at delivering enhanced client experiences. A ribbon-cutting ceremony with the Southlake Chamber of Commerce will take place in August. The Southlake Financial Center will be the firm’s second retail location in Tarrant County.
The Federal Home Loan Bank of Dallas (FHLB Dallas), in collaboration with Texas Capital, has awarded an $850,000 Affordable Housing Program (AHP) grant to SAFE, an Austin-based nonprofit. This grant will fund a 60-unit affordable housing complex designed for victims of abuse and homelessness in Austin, Texas. A ceremonial groundbreaking event marked the beginning of the project. The complex, named The Lancaster, will provide high-quality housing and wrap-around services for vulnerable populations. In 2023, FHLB Dallas allocated $28.4 million in AHP grants to support 43 affordable housing projects, including this one. For 2024, they have allocated $79.4 million for the AHP General Fund.
Texas Capital Bancshares (NASDAQ: TCBI) has appointed David Oman as the new Chief Risk Officer (CRO), effective June 10, 2024. Oman will report to President & CEO Rob C. Holmes and join the Operating Committee. He succeeds Tim Storms, who will retire and continue advising until the end of 2024. Oman comes from PricewaterhouseCoopers, where he was a Managing Director in financial risk. His previous roles include senior positions at Bank of New York Mellon, Credit Suisse, Bank of America Merrill Lynch, and UBS. Oman's appointment aims to enhance Texas Capital's risk management practices amid evolving macroeconomic conditions.
Texas Capital Bancshares (NASDAQ: TCBI) announced the appointment of Mark Midkiff to its Board of Directors, effective June 1, 2024. Midkiff, with nearly three decades of experience, recently served as chief risk officer at KeyCorp, overseeing comprehensive risk management. He also held significant roles at BB&T and GE Capital, where he led global risk functions.
Midkiff's appointment is expected to strengthen Texas Capital's risk management and strategic leadership. CEO Rob C. Holmes praised Midkiff's extensive experience and leadership skills.
Texas Capital Bancshares, a member of the Russell 2000 and the S&P MidCap 400, operates Texas Capital Bank, offering commercial, consumer, investment banking, and wealth management services.
Texas Capital Bancshares (NASDAQ: TCBI) has appointed Steve Genyk as Managing Director, Head of Public Finance for its subsidiary Texas Capital Securities (TCS).
Genyk, formerly of UBS Financial Services, will lead TCS's new Public Finance practice, focusing on municipal underwriting services for governments, nonprofits, and institutions in Texas and nationwide.
Rob C. Holmes, Texas Capital's CEO, emphasized the strategic importance of this expansion for enhancing the firm's Corporate & Investment Banking capabilities.
Genyk aims to build a premier full-service financial institution in Texas, leveraging synergies with Texas Capital's existing Government, Nonprofit, and Institutions banking group.
Texas Capital Bancshares, Inc. (NASDAQ: TCBI) announced the recipients of the Texas Capital Foundation's second annual Honors Awards, providing grants totaling $250,000 to support four Texas nonprofit organizations. The awards include three grants of $50,000 each corresponding to the community impact pillars of 'Live,' 'Learn,' and 'Lift,' along with a fourth $100,000 STAR Award for organizations supporting military members, families, and veterans. The grants aim to fortify and elevate Texas Capital's commitment to Texas communities, focusing on small to mid-sized organizations operating within the firm's footprint.
Texas Capital Bancshares, Inc. (NASDAQ: TCBI) announced the recipients of the Texas Capital Foundation's second annual Honors Awards, granting $250,000 to four Texas nonprofit organizations. The awards support community needs across Texas, with grants of $50,000 each for organizations focusing on
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