LHI

Veritex Holdings, Inc. Reports First Quarter 2024 Operating Results

Retrieved on: 
Dienstag, April 23, 2024
Sale, LHI, Total, Central Time, Investment, FHLB, AFS, PIN, Federal Home Loan Banks, Share repurchase, Tangibility, ACL, Webcast, Three Months, Acquisition, FDIC, Government, GAAP, Thrive, Bank

Compared to the three months ended March 31, 2023, noninterest income for the three months ended March 31, 2024 decreased by $6.9 million, or 50.8%.

Key Points: 
  • Compared to the three months ended March 31, 2023, noninterest income for the three months ended March 31, 2024 decreased by $6.9 million, or 50.8%.
  • The dividend will be paid on or after May 24, 2024 to stockholders of record as of the close of business on May 10, 2024.
  • Specifically, Veritex reviews and reports tangible book value per common share; operating earnings; tangible common equity to tangible assets; return on average tangible common equity; pre-tax, pre-provision operating earnings; pre-tax, pre-provision operating return on average assets; pre-tax, pre-provision operating return on average loans; diluted operating earnings per share; operating return on average assets; operating return on average tangible common equity; and operating efficiency ratio.
  • The Company will host an investor conference call and webcast to review the results on Wednesday, April 24, 2024, at 8:30 a.m. Central Time.

Texas Capital Bancshares, Inc. Announces First Quarter 2024 Results

Retrieved on: 
Donnerstag, April 18, 2024
Marketing, FDIC, LHI, Insurance, Growth, Real estate

DALLAS, April 18, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the first quarter of 2024.

Key Points: 
  • Provision for credit losses for the first quarter of 2024 was $19.0 million, compared to $19.0 million for the fourth quarter of 2023.
  • Net interest margin for the first quarter of 2024 was 3.03%, an increase of 10 basis points from the fourth quarter of 2023.
  • Total cost of deposits was 2.97% for the first quarter of 2024, a 15 basis point increase from the fourth quarter of 2023.
  • Non-interest income for the first quarter of 2024 increased $3.9 million, or 10%, compared to the first quarter of 2023.

Veritex Holdings, Inc. Reports Fourth Quarter And Full Year 2023 Results

Retrieved on: 
Dienstag, Januar 23, 2024
FDIC, ACL, Central Time, FHLB, NAC, Government, USDA, Sale, GAAP, Investment, Federal Home Loan Banks, PIN, Three Months, Webcast, LHI, Marketing

Net interest margin decreased 56 bps to 3.31% for the three months ended December 31, 2023 from 3.87% for the three months ended December 31, 2022.

Key Points: 
  • Net interest margin decreased 56 bps to 3.31% for the three months ended December 31, 2023 from 3.87% for the three months ended December 31, 2022.
  • The Company had net charge-offs of $9.5 million for the fourth quarter of 2023.
  • ACL as a percentage of LHI was 1.14%, 1.14%, and 0.96% at December 31, 2023, September 30, 2023, and December 31, 2022, respectively.
  • The Company recorded a benefit for unfunded commitments of $1.5 million, $909 thousand and $523 thousand during the three months ended December 31, 2023, September 30, 2023 and December 31, 2022, respectively.

Texas Capital Bancshares, Inc. Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Donnerstag, Januar 18, 2024
Sale, LHI, Insurance, Marketing, FDIC, Share repurchase, Video game

DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the fourth quarter and full year of 2023.

Key Points: 
  • Provision for credit losses for the fourth quarter of 2023 was $19.0 million, compared to $18.0 million for the third quarter of 2023.
  • Net interest income was $214.7 million for the fourth quarter of 2023, compared to $232.1 million for the third quarter of 2023.
  • Net interest margin for the fourth quarter of 2023 was 2.93%, a decrease of 20 basis points from the third quarter of 2023.
  • Non-interest income for the fourth quarter of 2023 decreased $246.5 million, or 89%, compared to the fourth quarter of 2022.

Veritex Holdings, Inc. Reports Third Quarter Operating Results

Retrieved on: 
Dienstag, Oktober 24, 2023
FDIC, PIN, Three Months, Federal Home Loan Banks, Government, United States Department of Agriculture, ACL, GAAP, USDA, Veritex Bank Championship, News, Environment, Common, LHI, Marketing, Webcast, FHLB, Central Time, Total, Investment, Bank, Rare-earth element, Cryptocurrency, Clothing, Life insurance, Holding company

Net interest margin decreased 31 bps from 3.77% for the three months ended September 30, 2022.

Key Points: 
  • Net interest margin decreased 31 bps from 3.77% for the three months ended September 30, 2022.
  • Specifically, Veritex reviews and reports tangible book value per common share, operating earnings, tangible common equity to tangible assets, return on average tangible common equity, pre-tax, pre-provision operating earnings, pre-tax, pre-provision operating return on average assets, pre-tax, pre-provision operating return on average loans, pre-tax, pre-provision operating return on average loans, diluted operating earnings per share, operating return on average assets, operating return on average tangible common equity and operating efficiency ratio.
  • Veritex has included in this earnings release information related to these non-GAAP financial measures for the applicable periods presented.
  • The Company will host an investor conference call and webcast to review the results on Wednesday, October 25, 2023, at 8:30 a.m. Central Time.

Texas Capital Bancshares, Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Donnerstag, Oktober 19, 2023
Insurance, Sale, FDIC, Federal Deposit Insurance Corporation, LHI, Marketing, Beauty salon, Bank, Rare-earth element, Video game

DALLAS, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the third quarter of 2023.

Key Points: 
  • Provision for credit losses for the third quarter of 2023 was $18.0 million, compared to $7.0 million for the second quarter of 2023.
  • Net interest margin for the third quarter of 2023 was 3.13%, a decrease of 16 basis points from the second quarter of 2023.
  • LHI, excluding mortgage finance, yields increased 29 basis points from the second quarter of 2023 and LHI, mortgage finance yields decreased 68 basis points from the second quarter of 2023.
  • Total cost of deposits was 2.62% for the third quarter of 2023, a 25 basis point increase from the second quarter of 2023.

Veritex Holdings, Inc. Reports Second Quarter Operating Results

Retrieved on: 
Dienstag, Juli 25, 2023
LHI, RBC, Federal Home Loan Banks, FHLB, Marketing, Common equity, FDIC, GAAP, Central Time, Government, NAC, PIN, USDA, Webcast, Veritex Bank Championship, ADC, Three Months, Total, Bank, Real estate, Rare-earth element, Cryptocurrency, Holding company, Security (finance)

Net interest margin increased 9 basis points to 3.51% for the three months ended June 30, 2023 from 3.42% for the three months ended June 30, 2022.

Key Points: 
  • Net interest margin increased 9 basis points to 3.51% for the three months ended June 30, 2023 from 3.42% for the three months ended June 30, 2022.
  • Specifically, Veritex reviews and reports tangible book value per common share, operating earnings, tangible common equity to tangible assets, return on average tangible common equity, pre-tax, pre-provision operating earnings, pre-tax, pre-provision operating return on average assets, pre-tax, pre-provision operating return on average loans, pre-tax, pre-provision operating return on average loans, diluted operating earnings per share, operating return on average assets, operating return on average tangible common equity and operating efficiency ratio.
  • Veritex has included in this earnings release information related to these non-GAAP financial measures for the applicable periods presented.
  • The Company will host an investor conference call and webcast to review the results on Wednesday, July 26, 2023, at 8:30 a.m. Central Time.

Texas Capital Bancshares, Inc. Announces Second Quarter 2023 Results

Retrieved on: 
Donnerstag, Juli 20, 2023
LHI, Growth, Probability, Marketing, Beauty salon, Bank, Real estate, Video game

DALLAS, July 20, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the second quarter of 2023.

Key Points: 
  • Net interest income was $232.0 million for the second quarter of 2023, compared to $235.3 million for the first quarter of 2023.
  • Net interest margin for the second quarter of 2023 was 3.29%, a decrease of 4 basis points from the first quarter of 2023.
  • Net charge-offs of $8.2 million were recorded during the second quarter of 2023, compared to net charge-offs of $19.9 million and $2.6 million during the first quarter of 2023 and the second quarter of 2022, respectively.
  • The ratio of non-accrual LHI to total LHI for the second quarter of 2023 was 0.38%, compared to 0.47% for the first quarter of 2023 and 0.21% for the second quarter of 2022.

Veritex Holdings, Inc. Reports First Quarter Operating Results

Retrieved on: 
Dienstag, April 25, 2023
LHI, Telephone, GAAP, Central Time, Government, NAC, Tangibility, PIN, Collection, USDA, Webcast, Veritex Bank Championship, ACL, Three Months, MW, Total, Bank, Video game, Cryptocurrency, Holding company, Security (finance)

Net interest margin increased 47 basis points to 3.69% for the three months ended March 31, 2023 from 3.22% for the three months ended March 31, 2022.

Key Points: 
  • Net interest margin increased 47 basis points to 3.69% for the three months ended March 31, 2023 from 3.22% for the three months ended March 31, 2022.
  • Specifically, Veritex reviews and reports tangible book value per common share, operating earnings, tangible common equity to tangible assets, return on average tangible common equity, pre-tax, pre-provision operating earnings, pre-tax, pre-provision operating return on average assets, pre-tax, pre-provision operating return on average loans, pre-tax, pre-provision operating return on average loans, diluted operating earnings per share, operating return on average assets, operating return on average tangible common equity and operating efficiency ratio.
  • Veritex has included in this earnings release information related to these non-GAAP financial measures for the applicable periods presented.
  • The Company will host an investor conference call and webcast to review the results on Wednesday, April 26, 2023, at 8:30 a.m. Central Time.

Texas Capital Bancshares, Inc. Announces First Quarter 2023 Results

Retrieved on: 
Donnerstag, April 20, 2023
LHI, Insurance, Sale, Marketing, Video game, Cryptocurrency

DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, announced operating results for the first quarter of 2023.

Key Points: 
  • Net interest income was $235.3 million for the first quarter of 2023, compared to $247.6 million for the fourth quarter of 2022.
  • Net interest margin for the first quarter of 2023 was 3.33%, an increase of 7 basis points from the fourth quarter of 2022.
  • Total cost of deposits was 2.06% for the first quarter of 2023, a 53 basis point increase from the fourth quarter of 2022.
  • Non-interest income for the first quarter of 2023 increased $17.1 million, compared to the first quarter of 2022.