Texas Capital Bancshares, Inc. Announces Quarterly Dividend for Preferred Stock

DALLAS, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors declared a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the Series B Preferred Stock), equivalent to $0.359375 per depositary share, each representing a 1/40th interest in a share of the Series B Preferred Stock.

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Retrieved on: 
Tuesday, January 25, 2022
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Tags: 
Texas Capital Bank, FDIC, Series, Venture round, GLOBE, Russell, Capital Bank, NASDAQ, Security (finance), Bank
Geotags: 
TX, HOUSTON, DALLAS, SAN ANTONIO, FORT WORTH, TEXAS
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TEXAS CAPITAL BANCSHARES, INC.
Summary
Key Points: 
  • DALLAS, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors declared a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the Series B Preferred Stock), equivalent to $0.359375 per depositary share, each representing a 1/40th interest in a share of the Series B Preferred Stock.
  • The depository shares are traded on the NASDAQ under the symbol TCBIO.
  • The Series B Preferred Stock dividend is payable on March 15, 2022, to holders of record at the close of business on March 1, 2022.
  • Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a member of the Russell 2000 Index and the S&P MidCap 400, is the parent company of Texas Capital Bank, N.A.



DALLAS, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, and its board of directors declared a cash dividend of $14.375 per share of the 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), equivalent to $0.359375 per depositary share, each representing a 1/40th interest in a share of the Series B Preferred Stock. The depository shares are traded on the NASDAQ under the symbol “TCBIO”. The Series B Preferred Stock dividend is payable on March 15, 2022, to holders of record at the close of business on March 1, 2022.

About Texas Capital Bancshares, Inc.
Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, N.A. a commercial bank that delivers highly personalized financial services to businesses and entrepreneurs. Headquartered in Dallas, the bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio. Member FDIC.

INVESTOR CONTACT
Jamie Britton, 214.932.6721
[email protected]

MEDIA CONTACT
Shannon Wherry, 469.399.8527
[email protected]

 


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