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

Rhea-AI Summary

Texas Capital Bancshares (NASDAQ: TCBI) has announced its quarterly dividend for preferred stockholders. The company declared a cash dividend of $14.375 per share for its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, which equals $0.359375 per depositary share. Each depositary share represents a 1/40th interest in a Series B Preferred Stock share and trades under the symbol TCBIO.

The dividend will be paid on September 15, 2025, to shareholders of record as of September 2, 2025.

Positive

• Consistent dividend payment demonstrates financial stability
• Maintains 5.75% Fixed Rate dividend yield for preferred stockholders

Negative

• None.

DALLAS, July 21, 2025 (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 September 15, 2025, to holders of record at the close of business on September 2, 2025.

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

FAQ

What is the dividend amount for TCBI Series B Preferred Stock in September 2025?

TCBI declared a dividend of $14.375 per share for Series B Preferred Stock, equivalent to $0.359375 per depositary share.

When is the TCBI preferred stock dividend payable?

The dividend is payable on September 15, 2025, to holders of record as of September 2, 2025.

What is the trading symbol for TCBI's Series B Preferred Stock depositary shares?

The depositary shares trade on the NASDAQ under the symbol TCBIO.

What is the conversion ratio for TCBI's Series B Preferred Stock depositary shares?

Each depositary share represents a 1/40th interest in a share of the Series B Preferred Stock.

What is the dividend yield for TCBI's Series B Preferred Stock?

The Series B Preferred Stock has a 5.75% Fixed Rate Non-Cumulative Perpetual dividend yield.