Capital Bank

Journey.ai, Inc and Tradition Capital Bank Forge Strategic Partnership to Redefine Cybersecurity and Digital Transformation

Retrieved on: 
Tuesday, June 20, 2023

DENVER, June 20, 2023 /PRNewswire/ -- Journey.ai, Inc (DBA: Journey), a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank, a leading community bank headquartered in Edina, Minnesota. This strategic partnership signifies a pivotal moment in the industry as both companies unite to redefine cybersecurity and digital transformation in the face of escalating data breaches and emerging threats from deepfakes and generative AI.

Key Points: 
  • DENVER, June 20, 2023 /PRNewswire/ -- Journey.ai, Inc (DBA: Journey), a groundbreaking cybersecurity software business, has joined forces with Tradition Capital Bank , a leading community bank headquartered in Edina, Minnesota.
  • This strategic partnership signifies a pivotal moment in the industry as both companies unite to redefine cybersecurity and digital transformation in the face of escalating data breaches and emerging threats from deepfakes and generative AI.
  • Tradition Capital Bank recognizes that their challenges to fight fraud while improving CX are shared among other community banks and credit unions nationwide.
  • "We are delighted to partner with Tradition Capital Bank on this transformative journey," said Brett Shockley, CEO of Journey.ai.

Capital Bank Welcomes Jay Walker as CFO, Elevating Strategy and Capital Management Expertise

Retrieved on: 
Tuesday, June 13, 2023

ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) -- Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A.

Key Points: 
  • ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) -- Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A.
  • Commenting on the appointment, Ed Barry, CEO of Capital Bank, stated, "We are thrilled to welcome Jay to the team as our new CFO.
  • His experience in strategy, finance, and capital management will be invaluable as we enter the next era of growth for Capital Bank.
  • Mr. Walker, expressed his excitement about joining Capital Bank, saying, "I am honored to join Capital Bank as Chief Financial Officer.

Texas Capital Bank Foundation Announces the First Annual Honors Awards Grant Recipients

Retrieved on: 
Tuesday, May 9, 2023

DALLAS, May 09, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the recipients of its first annual Honors Awards program.

Key Points: 
  • DALLAS, May 09, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the recipients of its first annual Honors Awards program.
  • “It is our distinct pleasure to honor these four Texas nonprofits as the first annual recipients of the Texas Capital Bank Foundation Honors Awards,” said Texas Capital Bank President and CEO Rob C. Holmes.
  • “Funding from the Texas Capital Bank Foundation will enable us to serve veterans in obtaining the skills, knowledge, tools, resources and support they need to become self-sufficient and achieve long-term financial stability for themselves and their families.”
    “The Honors Awards recipients were carefully selected for their outstanding impact across our Texas communities,” said Effie Dennison, president of the Texas Capital Bank Foundation and head of Community Development and Corporate Responsibility at Texas Capital Bank.
  • “We are honored to recognize and support their work as they address some of our communities’ greatest needs.”

Capital Bancorp Declares Quarterly Cash Dividend of $0.06 per Share

Retrieved on: 
Wednesday, May 3, 2023

ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share.

Key Points: 
  • ROCKVILLE, Md., May 03, 2023 (GLOBE NEWSWIRE) -- Capital Bancorp, Inc. (NASDAQ: CBNK) (“Company”), the holding company of Capital Bank (“Bank”), announced today that its Board of Directors has declared a cash dividend on its common stock of $0.06 per share.
  • The dividend is payable on May 31, 2023 to shareholders of record as of May 15, 2023.
  • Ed Barry, Chief Executive Officer stated, “Management and the Board are committed to managing the Bank’s capital in a manner that rewards our shareholders while maintaining robust liquidity and regulatory capital.
  • Our dividend, in combination with our recently increased share repurchase plan, provide us with multiple means to efficiently return capital.

Texas Capital Bank Names John Clendening as Head of Marketing and Communications

Retrieved on: 
Tuesday, May 2, 2023

DALLAS, May 02, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that John Clendening has joined the firm as Executive Director and Head of Marketing and Communications, effective immediately.

Key Points: 
  • DALLAS, May 02, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that John Clendening has joined the firm as Executive Director and Head of Marketing and Communications, effective immediately.
  • As Head of Marketing and Communications, he is responsible for the internal and external marketing and communications strategy and execution for Texas Capital Bank across all channels, including brand management, messaging, content development, digital marketing, media relations and social media.
  • Mr. Clendening reports to John Cummings, Texas Capital Bank’s Chief Administrative Officer.
  • “We are pleased to welcome John to the Texas Capital Bank team as he assumes this critical role for the firm,” said Mr. Cummings.

Capital Bank Names Steve Poynot President, Brad Rodier Joins as EVP, Chief Lending Officer

Retrieved on: 
Tuesday, April 25, 2023

Capital Bank’s current President and Chief Lending Officer, Scot R. Browning, will transition to President of Specialty & CRE Lending of the Bank and will report to Mr. Poynot.

Key Points: 
  • Capital Bank’s current President and Chief Lending Officer, Scot R. Browning, will transition to President of Specialty & CRE Lending of the Bank and will report to Mr. Poynot.
  • We would like to thank Scot Browning for his service as President and Chief Lending Officer of the Bank.
  • While at Howard Bank, Mr. Poynot held Executive Vice President roles as Chief Information Officer and Chief Credit Officer.
  • Brad Rodier, an experienced banking executive, has joined Capital Bank as Executive Vice President and Chief Lending Officer, reporting to Mr. Poynot.

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

Retrieved on: 
Monday, April 24, 2023

DALLAS, April 24, 2023 (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.

Key Points: 
  • DALLAS, April 24, 2023 (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 depositary shares are traded on the NASDAQ under the symbol “TCBIO.” The Series B Preferred Stock dividend is payable on June 15, 2023, to holders of record at the close of business on June 1, 2023.

Texas Capital Bancshares, Inc. Appoints Laura Whitley to Board of Directors

Retrieved on: 
Thursday, April 20, 2023

DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the appointment of Laura Whitley to its Board of Directors, effective immediately.

Key Points: 
  • DALLAS, April 20, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced the appointment of Laura Whitley to its Board of Directors, effective immediately.
  • Current board member Robert Stallings is succeeding Larry L. Helm, who has retired from the Texas Capital Bank board after 17 years of service, including the last 11 years as chairman.
  • Stallings has served on the Texas Capital Bank board since 2001 and will assume the role of chairman effective immediately.
  • “I thank Larry for his many years of exemplary service to Texas Capital Bank, and I am delighted to welcome Laura to our board,” said Rob C. Holmes, president and CEO of Texas Capital Bank.

Capital Bank goes live with Finastra to support strong growth in corporate banking business

Retrieved on: 
Thursday, April 13, 2023

DUBAI, UAE and LONDON, April 13, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, today announced that Capital Bank, a leading financial institution with commercial and investment banking expertise, has gone live with Finastra's Corporate Channels and will soon follow with Trade Innovation as well as other Corporate Channels modules. The combined offering will help to streamline banking services for corporates in Jordan, Iraq and Saudi Arabia. Once fully implemented, the solutions will enable the bank to digitalize manual tasks, process lending operations quicker and at a lower cost, and offer its customers a single platform for all corporate features. IBC Consult, a provider of banking services in the MENA region, is handling the implementation of the solutions.

Key Points: 
  • IBC Consult, a provider of banking services in the MENA region, is handling the implementation of the solutions.
  • "Capital Bank reported strong growth in financial performance in 2022, up by 49% from the previous year," said Yasser Kleib, Group Chief Institutional Banking Officer at Capital Bank.
  • "The success of our corporate banking business is critical for our bottom line, and we needed solutions that support our growth and enhance how we serve our customers."
  • Corporate Channels is a digital banking platform that delivers a single, intuitive portal to unify trade, cash, supply chain finance, lending, and treasury services for corporate clients.

Capital Bank goes live with Finastra to support strong growth in corporate banking business

Retrieved on: 
Thursday, April 13, 2023

DUBAI, UAE and LONDON, April 13, 2023 /PRNewswire/ -- Finastra, a global provider of financial software applications and marketplaces, today announced that Capital Bank, a leading financial institution with commercial and investment banking expertise, has gone live with Finastra's Corporate Channels and will soon follow with Trade Innovation as well as other Corporate Channels modules. The combined offering will help to streamline banking services for corporates in Jordan, Iraq and Saudi Arabia. Once fully implemented, the solutions will enable the bank to digitalize manual tasks, process lending operations quicker and at a lower cost, and offer its customers a single platform for all corporate features. IBC Consult, a provider of banking services in the MENA region, is handling the implementation of the solutions.

Key Points: 
  • IBC Consult, a provider of banking services in the MENA region, is handling the implementation of the solutions.
  • "Capital Bank reported strong growth in financial performance in 2022, up by 49% from the previous year," said Yasser Kleib, Group Chief Institutional Banking Officer at Capital Bank.
  • "The success of our corporate banking business is critical for our bottom line, and we needed solutions that support our growth and enhance how we serve our customers."
  • Corporate Channels is a digital banking platform that delivers a single, intuitive portal to unify trade, cash, supply chain finance, lending, and treasury services for corporate clients.