Texas Capital Bancshares Inc
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Financials : Banks | Small Cap Growth
Company profile

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.


Last Trade
0.23 (0.60%)
B/A Size

Market Hours

Closing Price
Day's Change
1.21 (3.24%)
Bid close
Ask close
B/A Size
Day's High
Day's Low
(Heavy Day)

10-day average volume:

UPDATE: Home Depot's stock surges after profit, sales rise well above expectations

6:11 am ET August 18, 2020 (MarketWatch)

Shares of Home Depot Inc. (HD) surged 2.4% into record territory in premarket trading Tuesday, after the retailer reported a fiscal second-quarter profit that rose above expectations, as sales jumped 23.4% to a record to beat forecasts by a wide margin. Net income for the quarter to Aug. 2 grew to $4.33 billion, or $4.02 a share, from $3.48 billion, or $3.17 a share, in the year-ago period. The FactSet consensus for earnings per share was $3.68. Sales climbed to $38.05 billion from $30.84 billion, well above the FactSet consensus of $34.53 billion. Same-store sales increased 23.4%, beating the FactSet consensus of 12.2%, while U.S. same-store sales growth of 25% was more than double expectations of a 12.0% rise. ""The investments we have made across the business have significantly increased our agility, allowing us to respond quickly to changes while continuing to promote a safe operating environment," said Chief Executive Craig Menear. "In the second quarter, the Company invested approximately $480 million in additional benefits for associates, including weekly bonuses for hourly associates in stores and distribution centers." The stock has climbed 32.0% year to date through Monday, while the SPDR S&P Retail ETF (XRT) has advanced 14.6% and the Dow Jones Industrial Average has slipped 2.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 18, 2020 06:11 ET (10:11 GMT)

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