Texas Capital to redeem $375M 4.000% notes

Texas Capital Bancshares, Inc. plans to redeem all of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 on May 6, 2026.

Accepted by SEC EDGAR 03/09/2026 - 04:05 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Texas Capital Bancshares, Inc. plans to redeem all of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 on May 6, 2026. The company notified holders that it will redeem the full $375,000,000 aggregate principal amount of these notes.

The notes will be redeemed at 100% of their principal amount, plus accrued and unpaid interest up to, but not including, the redemption date. This action will retire all outstanding notes issued under the company’s subordinated note indenture with U.S. Bank Trust Company, National Association, as trustee.

Insights

Bank capital structure analyst

Texas Capital is retiring $375M of 4.000% subordinated notes early.

Texas Capital Bancshares has elected to redeem all $375,000,000 of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 on May 6, 2026. Holders will receive 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date.

These securities are subordinated notes, which sit below senior debt in the capital structure. Fully redeeming them removes this specific layer of debt, replacing it with whatever funding sources the company chooses, though those are not described here.

The key date for investors in these notes is the May 6, 2026 redemption date, when the redemption payment is due. Future company communications may outline any new financing or balance sheet changes that accompany this redemption.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Texas Capital Bancshares (TCBI) announce in this 8-K?

Texas Capital Bancshares announced it will redeem all of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031. The full $375,000,000 principal amount will be repaid, plus accrued and unpaid interest up to, but excluding, the May 6, 2026 redemption date.

How much subordinated debt is Texas Capital Bancshares (TCBI) redeeming?

The company is redeeming $375,000,000 aggregate principal amount of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031. This represents all outstanding notes under that series, which will be fully retired on the stated redemption date.

When will Texas Capital Bancshares (TCBI) redeem its 4.000% subordinated notes?

The notes are scheduled to be redeemed on May 6, 2026, the specified redemption date. On that day, holders will receive 100% of the principal amount being redeemed, plus any accrued and unpaid interest up to, but not including, that date.

At what price will Texas Capital Bancshares (TCBI) redeem the 2031 subordinated notes?

The notes will be redeemed at a price equal to 100% of their principal amount. In addition, holders will receive accrued and unpaid interest on the notes to, but excluding, the May 6, 2026 redemption date, together forming the total redemption payment.

What type of securities are being redeemed by Texas Capital Bancshares (TCBI)?

The securities are 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 issued under an indenture with U.S. Bank Trust Company, National Association. They are subordinated debt obligations, meaning they rank below senior debt in the company’s capital structure.

Who is the trustee for Texas Capital Bancshares (TCBI) subordinated notes being redeemed?

U.S. Bank Trust Company, National Association, acts as trustee for these subordinated notes, succeeding U.S. Bank National Association. The notes were issued under an indenture dated September 21, 2012, as supplemented on May 6, 2021, between the company and the trustee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

TEXAS CAPITAL BANCSHARES INC/TX0001077428false00010774282026-03-092026-03-090001077428us-gaap:CommonStockMember2026-03-092026-03-090001077428us-gaap:SeriesBPreferredStockMember2026-03-092026-03-09

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 9, 2026

TEXAS CAPITAL BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Delaware			001-34657			75-2679109
(State or other jurisdiction of incorporation)			(Commission File Number)			(I.R.S. Employer Identification Number)

2000 McKinney Avenue, Suite 700, Dallas, Texas, U.S.A.

(Address of principal executive offices)

75201

(Zip Code)

Registrant’s telephone number, including area code: (214) 932-6600

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

TCBI

The Nasdaq Stock Market

5.75% Non-Cumulative Perpetual Preferred Stock Series B, par value $0.01 per share

TCBIO

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01.    Other Events.

On March 9, 2026, Texas Capital Bancshares, Inc. (the “Company”) gave notice to the holders of the Company’s 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 (the “Notes”) that it will redeem all $375,000,000 aggregate principal amount of the outstanding Notes (which constitutes all outstanding Notes) on May 6, 2026 (the “Redemption Date”) at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Redemption Price”), plus accrued and unpaid interest on the Notes to (but excluding) the Redemption Date (together with the Redemption Price, the “Redemption Payment”).

The Notes were issued pursuant to that certain Indenture, dated as of September 21, 2012, as supplemented by the First Supplemental Indenture, dated as of May 6, 2021 (as supplemented, the “Indenture”), each between the Company and U.S. Bank Trust Company, National Association, a national banking association, as successor trustee (the “Trustee”) to U.S. Bank National Association.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:

March 9, 2026

TEXAS CAPITAL BANCSHARES, INC.

By:

/s/ J. Matthew Scurlock

J. Matthew Scurlock Chief Financial Officer

Filing Exhibits & Attachments

4 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 15.6 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 27.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 16.3 KB