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TEXAS CAPITAL BANCSHARES INC/TX TCBI

Nasdaq · stock · State Commercial Banks · website · IPO 2003-08-13

TEXAS CAPITAL BANCSHARES INC/TX statistics & valuation

Market cap$4.5B
P / E13.7×
P / B1.2×
P / FCF13.0×
Return on equity9.1%
Net debt$620.6M
Enterprise value USD$5.1B
Graham number +8.7%$109.67

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($109.67); a green figure means the price is below it.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
7.70% 8.90% 11.80% 11.10% 2.30% 7.90% 10.90% 5.90% 2.30% 9.10% 2016201720182019202020212022202320242025
Shares outstanding
46.8M 50.3M 50.3M 50.4M 50.6M 51.1M 51.0M 48.6M 47.0M 46.1M 2016201720182019202020212022202320242025
Net debt ($)
$395.9M $928.7M $931.4M $859.1M $660.3M $620.6M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
0.70% 0.80% 1.00% 1.00% 0.20% 0.70% 1.20% 0.70% 0.30% 1.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.14× 0.29× 0.30× 0.27× 0.20× 0.17× 2016201720182019202020212022202320242025
EPS ($)
$3.11 $3.73 $5.64 $5.99 $1.12 $4.60 $6.18 $3.54 $1.28 $6.79 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

TEXAS CAPITAL BANCSHARES INC/TX trades at about 14.9× earnings — below its 10-year norm (10-year range 9.2×–61.7×, median 17.2×).

9.2× 61.7×

Shaded band = 10-year range (9.2×–61.7×); dot = today's 14.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets1.0%0.3%0.7%1.2%0.7%0.2%1.0%1.0%0.8%0.7%
Return on equity9.1%2.3%5.9%10.9%7.9%2.3%11.1%11.8%8.9%7.7%
Debt / equity0.17×0.20×0.27×0.30×0.29×0.14×————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.