Texas Capital Bancshares, Inc. Announces Quarterly Dividend for Preferred Stock

Rhea-AI Summary

Texas Capital Bancshares (NASDAQ: TCBI) declared a quarterly cash dividend of $14.375 per share on its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, equivalent to $0.359375 per depositary share (each depositary share represents a 1/40th interest in a Series B share). The depositary shares trade on NASDAQ as TCBIO. The dividend is payable March 16, 2026 to holders of record at the close of business on March 2, 2026.

Positive

• Dividend declared of $14.375 per Series B preferred share
• $0.359375 per depositary share provides a clear cash payment amount
• Payable March 16, 2026 with a defined record date of March 2, 2026

Negative

• Non-cumulative dividend: missed payments are not accrued for Series B holders

DALLAS, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors declared a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), equivalent to $0.359375 per depositary share, each representing a 1/40th interest in a share of the Series B Preferred Stock. The depositary shares are traded on the NASDAQ under the symbol “TCBIO.” The Series B Preferred Stock dividend is payable on March 16, 2026, to holders of record at the close of business on March 2, 2026.

ABOUT TEXAS CAPITAL BANCSHARES, INC.
Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com. 

INVESTOR CONTACT
Jocelyn Kukulka, 469.399.8544
jocelyn.kukulka@texascapital.com

MEDIA CONTACT
Julia Monter, 469.399.8425
julia.monter@texascapital.com

FAQ

What dividend did Texas Capital (TCBI) declare for Series B preferred stock on Jan 26, 2026?

A cash dividend of $14.375 per Series B preferred share was declared.

How much is the dividend per depositary share for Texas Capital Series B (TCBIO)?

The dividend equals $0.359375 per depositary share, each representing 1/40th of a Series B share.

When is the Texas Capital Series B preferred dividend payable and what is the record date?

The dividend is payable on March 16, 2026 to holders of record at the close of business on March 2, 2026.

Under what ticker do the Series B depositary shares trade for Texas Capital?

The depositary shares trade on NASDAQ under the ticker TCBIO.

Is the 5.75% Series B preferred dividend cumulative for TCBI?

No; the dividend is described as non-cumulative, so missed dividends are not accumulated.