Texas Capital Bancshares, Inc. (TCBI): history, ownership, mission, how it works & makes money (2024)

A Brief History of Texas Capital Bancshares, Inc. (TCBI)

Texas Capital Bancshares, Inc. (TCBI) is a financial holding company based in Dallas, Texas. The company was founded in 1998 with the vision of providing personalized financial services to businesses and individuals in Texas. Since its inception, TCBI has grown to become one of the leading commercial banks in the state.

Here are some key points in the history of Texas Capital Bancshares, Inc.:

• 1998: Texas Capital Bancshares, Inc. is founded as a financial holding company.
• 1999: The company opens its first Texas Capital Bank location in Dallas, Texas.
• 2003: TCBI goes public and begins trading on the NASDAQ stock exchange under the ticker symbol "TCBI."
• 2010: Texas Capital Bank expands its presence by opening new locations in Houston and Fort Worth.
• 2019: TCBI completes its merger with Independent Bank Group, creating a stronger and more diversified financial institution.

Throughout its history, Texas Capital Bancshares, Inc. has remained committed to its founding principles of providing exceptional customer service and innovative financial solutions. With a focus on personalized relationships and a deep understanding of the Texas market, TCBI continues to thrive as a trusted financial partner for businesses and individuals alike.

Who Owns Texas Capital Bancshares, Inc. (TCBI)

Texas Capital Bancshares, Inc. (TCBI) is a bank holding company based in Dallas, Texas. As of the latest available data, the company is primarily owned by institutional investors and mutual fund holders. These large investors hold significant stakes in TCBI and play a major role in the company's ownership structure.

Here are some of the key institutional investors who own shares in Texas Capital Bancshares, Inc.:

• Vanguard Group Inc.: Vanguard Group is one of the largest investment management companies in the world and holds a substantial stake in TCBI.
• BlackRock Inc.: BlackRock is another major institutional investor in Texas Capital Bancshares, Inc., with a significant ownership position.
• State Street Corporation: State Street is a leading financial services company that also holds a notable stake in TCBI.

Additionally, mutual fund holders also play a significant role in owning shares of Texas Capital Bancshares, Inc. Some of the top mutual funds that own TCBI stock include:

• Fidelity Investments: Fidelity offers a range of mutual funds that hold shares of TCBI as part of their investment portfolios.
• T. Rowe Price Associates: T. Rowe Price is another prominent mutual fund company that has exposure to Texas Capital Bancshares, Inc.
• Dodge & Cox: Dodge & Cox is known for its value-oriented investment approach and is a major shareholder of TCBI.

Texas Capital Bancshares, Inc. (TCBI) Mission Statement

At Texas Capital Bancshares, Inc. (TCBI), our mission is to empower businesses to succeed by providing innovative financial solutions and personalized service. We strive to be a trusted partner for our clients, helping them achieve their financial goals and grow their businesses.

Key elements of our mission include:

• Commitment to Excellence: We are dedicated to providing the highest level of service and expertise to our clients, ensuring that they receive the best financial solutions tailored to their needs.
• Focus on Innovation: We continually strive to develop new and creative financial products and services that meet the evolving needs of our clients and the market.
• Building Strong Relationships: We believe in the power of building long-lasting relationships with our clients, based on trust, integrity, and mutual respect.
• Community Engagement: We are committed to giving back to the communities we serve through philanthropic initiatives and volunteer efforts.

How Texas Capital Bancshares, Inc. (TCBI) Works

Texas Capital Bancshares, Inc. (TCBI) operates as the parent company of Texas Capital Bank, a commercial bank that provides various banking products and services to businesses and individuals in Texas.

Here is an overview of how TCBI works:

• Commercial Banking: TCBI focuses on offering commercial banking services such as business loans, treasury management, and commercial real estate financing to small and medium-sized businesses in Texas.
• Wealth Management: The company also provides wealth management services to high-net-worth individuals and families, helping them with investment planning, estate planning, and asset management.
• Technology-driven Solutions: TCBI leverages technology to offer innovative banking solutions to its customers, including online banking, mobile banking, and digital payment services.
• Risk Management: The company has a robust risk management framework in place to identify, assess, and mitigate potential risks associated with its banking operations.
• Community Involvement: TCBI is actively involved in the communities it serves through various philanthropic initiatives and volunteer programs, demonstrating its commitment to giving back.

How Texas Capital Bancshares, Inc. (TCBI) Makes Money

Texas Capital Bancshares, Inc. (TCBI) generates revenue through a variety of sources within its banking and financial services operations. Some of the key ways the company makes money include:

• Interest Income: One of the primary ways TCBI earns revenue is through interest income on loans and securities. This includes interest earned on commercial loans, residential mortgages, and other forms of lending.
• Service Fees: TCBI also generates revenue through service fees charged to customers for various banking services, such as account maintenance fees, ATM fees, and wire transfer fees.
• Investment Income: The company earns money through investment activities, such as investing in securities and other financial instruments to generate returns.
• Wealth Management: TCBI offers wealth management and investment advisory services to customers, which generates fee-based revenue for the company.
• Deposit Accounts: Another source of revenue for TCBI is through deposit accounts, such as interest earned on customer deposits and fees for overdrafts or insufficient funds.

Overall, Texas Capital Bancshares, Inc. (TCBI) utilizes a combination of traditional banking activities, investment services, and wealth management to generate revenue and drive profitability for the company.