Texas Capital Bancshares Declares Inaugural $0.20 Quarterly Dividend
Texas Capital Bancshares Inc., a Dallas-based commercial bank, announced its first quarterly common stock dividend in company history. The board declared a cash dividend of $0.20 per share payable in June.
Texas Capital Bancshares Inc. (NASDAQ: TCBI), a Dallas-based commercial bank, declared a cash dividend of $0.20 per common share, marking the first quarterly common stock dividend in the company's 28-year history. Read more dividend announcements.
The dividend is payable June 15, 2026, to shareholders of record as of June 1, 2026. Texas Capital, founded in 1998, operates as the parent company of Texas Capital Bank with offices in Dallas, Austin, Houston, San Antonio and Fort Worth.
| Dividend Details | |
|---|---|
| Amount | $0.20 per share |
| Record Date | June 1, 2026 |
| Payment Date | June 15, 2026 |
| Frequency | Quarterly |
Chairman, President and CEO Rob C. Holmes said the dividend initiation reflects "sustainable earnings generation, strong capital levels and proven strategic positioning." The announcement accompanied the company's first quarter 2026 earnings report.
First Quarter Financial Performance
Texas Capital reported first quarter 2026 net income available to common stockholders of $69.5 million, up 63% from $42.7 million in the year-earlier period. Book value and tangible book value per share both increased 11% year-over-year.
Total revenue for the quarter reached $324.0 million, up from $280.5 million in the first quarter of 2025. Net interest income was $254.7 million, while non-interest income totaled $69.3 million.
The company's diversified revenue base showed increasing contribution from fee-generating businesses, which Holmes noted now represent "a meaningfully larger share of total revenue."
Capital Position
All regulatory capital ratios remained well above "well capitalized" requirements as of March 31, 2026. The Common Equity Tier 1 ratio stood at 12.0%, tier 1 capital at 13.4%, total capital at 15.9%, and the leverage ratio at 12.1%.
During the first quarter, Texas Capital repurchased 770,423 shares of common stock for an aggregate purchase price of $75.1 million, including excise tax, at a weighted average price of $96.82 per share.
The company also declared its regular preferred stock dividend of $14.375 per share on its 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, payable on the same schedule as the common dividend.