RBC Trims Price Target on Texas Capital Bancshares
RBC Capital Markets has adjusted its price target for Texas Capital Bancshares, Inc. while maintaining a 'Sector Perform' rating.
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RBC Capital Markets has adjusted its price target for Texas Capital Bancshares, Inc. while maintaining a 'Sector Perform' rating.
Texas Capital Bancshares, Inc. reported third quarter 2026 net income of $99.4 million, with revenue of $356.6 million and adjusted earnings per share of $2.35, exceeding analyst expectations.
Texas Capital (TCBI) is expected to report Q3 2026 earnings of $1.94 per share, down 11% year-over-year, with revenues declining 0.7% to $338.12 million. However, the company has a positive Earnings ESP of +0.26% combined with a Zacks Rank #3, suggesting it will likely beat consensus estimates. The stock has beaten EPS estimates in all four trailing quarters.