TEXAS CAPITAL BANCSHARES INC/TX
In the published model solve dated 2026-Q2, anchored at $100.05, TEXAS CAPITAL BANCSHARES INC/TX (TCBI) is priced for more than 13.2% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 11, 2026 from SEC EDGAR filings.
• Texas Capital is mid-transformation from spread lender to fee-driven commercial bank, with treasury-management deposits the 10-K calls a significant focus [FY2025 10-K, accession 0001077428-26-000010] and record Q1 2026 fee income of $58.8 million driving adjusted EPS up 72% year over year. • The biggest risk is the gap between assumed and demonstrated returns: the 1.4 times book price needs roughly a 12.5% return on equity sustained for decades, while the bank recently earned about 9.4%, and
Is TCBI overvalued? See what's priced in →
327 institutional managers reported holding TCBI in 13F filings for the quarter ended 2026-03-31. 41 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 3.5M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (6.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
TCBI has cut its share count 12.8% over the past five years, spending $562.83M on repurchases. It pays no dividend. Cash returned over the past three years: $387.31M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at TCBI over the trailing three years: 2023: 17 buys totaling $2.19M; 2024: 39 buys totaling $4.74M; 2025: 31 buys totaling $3.17M; 2026: 22 buys totaling $4.39M. 19 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
TCBI's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-07-21 | +3.3% | -6.6% |
| 2023-10-20 | -7.9% | +19.5% |
| 2024-02-14 | +3.5% | -3.4% |
| 2024-04-19 | +4.9% | -0.5% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
TCBI's latest 8-K filings: 2026-07-22 (items 2.02, 9.01); 2026-04-23 (items 2.02, 5.02, 5.07, 9.01); 2026-03-09 (items 8.01); 2026-02-27 (items 8.01, 9.01); 2026-02-20 (items 5.03, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 11, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.