Welcome to our dedicated page for Texas Capital news (Ticker: TCBI), a resource for investors and traders seeking the latest updates and insights on Texas Capital stock.
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 (NASDAQ: TCBI) announced a cash dividend of $14.375 per share for its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B. This translates to $0.359375 per depositary share, with the depositary shares traded under the symbol TCBIO. The dividend is scheduled for payment on June 15, 2023, to shareholders of record as of June 1, 2023.
Texas Capital Bancshares is a prominent financial institution based in Dallas, offering a wide range of services including commercial and consumer banking, investment banking, and wealth management. The company has established a robust client base and is a member of the Russell 2000 Index and the S&P MidCap 400.
National Partners in Healthcare (NPH), a leading healthcare organization specializing in anesthesiology services, announced its acquisition of Medstream Anesthesia Solutions, enhancing its regional presence in the Southeast, Mid-Atlantic, Northeast, Pacific Northwest, and Hawaii. This strategic acquisition is backed by a $125 million senior secured debt facility arranged by Texas Capital Bank, which closed on April 7, 2023. The financing aims to support NPH's growth and refinance existing debts. CEO Mike Saunders emphasized the importance of this acquisition in fortifying NPH's market leadership during uncertain credit market conditions. Texas Capital Bank also expressed its commitment to supporting NPH's transformation and growth.
Texas Capital Bancshares, Inc. (NASDAQ: TCBI) has appointed Laura Whitley to its Board of Directors, effective immediately. This change follows the retirement of Larry L. Helm, who served 17 years on the board, including 11 years as chairman. Robert Stallings, a board member since 2001, will assume the chairmanship. Whitley brings extensive experience from her nearly 35-year tenure at Bank of America, where she held leadership roles across various banking sectors. She currently serves as CFO for Urban Strategies and has significant community engagement experience. The CEO, Rob C. Holmes, expressed gratitude for Helm's service and optimism about Whitley's transformational leadership benefiting Texas Capital Bank as it continues to grow.
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