Texas Capital Bancshares, Inc. (TCBI) Income Statement
TCBI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTCBI revenue and net income
Where TCBI's revenue goes
2025Each bar shows an amount and its share of revenue. TCBI kept 16.5% of revenue as net income.
TCBI profit margins
TCBI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.5% | +17.1% | +11.2% | +11.9% |
| Gross profit | +40.0% | +10.0% | +10.6% | +8.2% |
| Operating income | +314.4% | +0.9% | +37.0% | +7.1% |
| Net income | +326.1% | −0.2% | +37.9% | +8.6% |
| EPS (diluted) | +436.2% | +33.1% | +12.1% | +8.9% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TCBI quarterly EPS vs estimates
Texas Capital Bancshares beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $1.94).
TCBI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | $1.76B | $1.79B | $1.25B | $987.0M | $1.18B | $1.44B | $1.23B | $938.0M | $762.5M |
| Cost of revenue | $787.1M | $895.2M | $787.8M | $334.5M | $77.7M | $446.1M | $460.6M | $336.3M | $162.0M | $140.6M |
| Gross profit | $1.21B | $865.3M | $1.00B | $910.8M | $909.3M | $731.7M | $974.6M | $891.0M | $776.1M | $621.9M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $513.3M | $512.3M | $522.3M | $483.5M | $381.2M | $390.1M | $446.8M | $394.6M | $345.5M | $296.3M |
| Total operating expenses | $768.1M | $758.3M | $756.9M | $479.0M | $571.2M | $639.8M | $578.3M | $517.6M | $450.4M | $380.7M |
| Operating income | $443.7M | $107.1M | $246.6M | $431.8M | $338.1M | $91.9M | $396.3M | $373.4M | $325.7M | $241.2M |
| Interest income | $1.77B | $1.73B | $1.58B | $1.14B | $876.6M | $1.06B | $1.37B | $1.16B | $879.3M | $703.4M |
| Interest expense | $743.1M | $828.2M | $715.8M | $268.5M | $107.7M | $188.1M | $385.6M | $249.3M | $118.0M | $63.6M |
| Income before taxes | $432.7M | $107.1M | $246.6M | $431.8M | $338.1M | $91.9M | $396.3M | $373.4M | $325.7M | $241.2M |
| Income taxes | $102.5M | $29.6M | $57.5M | $99.3M | $84.1M | $25.7M | $84.3M | $80.0M | $128.6M | $86.1M |
| Net income | $330.2M | $77.5M | $189.1M | $332.5M | $253.9M | $66.3M | $312.0M | $293.4M | $197.1M | $155.1M |
| EBITDA | $495.9M | $161.3M | $287.1M | $477.0M | $431.5M | $166.9M | $433.6M | $405.4M | $353.6M | $263.0M |
| EPS (diluted) | $6.81 | $1.27 | $3.86 | $2.89 | $4.59 | $3.84 | $6.34 | $5.79 | $4.15 | $3.10 |
| Gross margin | 60.6% | 49.2% | 56.0% | 73.1% | 92.1% | 62.1% | 67.9% | 72.6% | 82.7% | 81.6% |
| Operating margin | 22.2% | 6.1% | 13.8% | 34.7% | 34.2% | 7.8% | 27.6% | 30.4% | 34.7% | 31.6% |
| Net margin | 16.5% | 4.4% | 10.6% | 26.7% | 25.7% | 5.6% | 21.7% | 23.9% | 21.0% | 20.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $439.9M | $488.4M | $504.4M | $529.2M | $493.6M | $471.7M | $491.6M | $337.8M | $472.5M | $458.7M | $448.2M | $472.6M |
| Cost of revenue | $179.6M | $180.4M | $176.9M | $200.8M | $201.2M | $208.3M | $226.0M | $222.4M | $225.5M | $221.4M | $221.4M | $211.7M |
| Gross profit | $260.4M | $308.0M | $327.5M | $328.4M | $292.5M | $263.5M | $265.7M | $115.3M | $247.0M | $237.3M | $226.8M | $260.9M |
| Sales, general & admin | $143.6M | $149.2M | $114.3M | $128.2M | $128.9M | $142.0M | $106.8M | $131.9M | $130.4M | $143.2M | $138.8M | $120.5M |
| Total operating expenses | $148.4M | $213.6M | $184.2M | $190.6M | $190.3M | $203.0M | $172.2M | $195.3M | $188.4M | $202.4M | $201.4M | $179.9M |
| Operating income | $112.0M | $94.4M | $143.3M | $137.8M | $102.2M | $60.5M | $93.5M | −$80.0M | $58.6M | $34.9M | $25.5M | $81.1M |
| Interest income | $439.9M | $419.1M | $444.3M | $460.6M | $439.6M | $427.3M | $437.6M | $452.5M | $422.1M | $417.4M | $417.1M | $425.8M |
| Interest expense | $179.6M | $164.4M | $176.9M | $188.8M | $186.2M | $191.3M | $208.0M | $212.4M | $205.5M | $202.4M | $202.4M | $193.7M |
| Income before taxes | $112.0M | $94.4M | $132.3M | $137.8M | $102.2M | $60.5M | $93.5M | −$80.0M | $58.6M | $34.9M | $25.5M | $81.1M |
| Income taxes | $27.1M | $20.6M | $31.6M | $32.6M | $24.9M | $13.4M | $22.5M | −$18.7M | $16.9M | $8.8M | $5.3M | $19.4M |
| Net income | $84.9M | $73.8M | $100.7M | $105.2M | $77.3M | $47.0M | $71.0M | −$61.3M | $41.7M | $26.1M | $20.1M | $61.7M |
| EBITDA | $127.6M | $107.2M | $159.2M | $150.4M | $116.6M | $69.7M | $108.8M | −$65.9M | $72.5M | $45.8M | $35.1M | $92.2M |
| EPS (diluted) | $1.88 | $1.58 | $2.08 | $2.18 | $1.63 | $0.92 | $1.43 | −$1.42 | $0.80 | $0.46 | $0.65 | $1.18 |
| Gross margin | 59.2% | 63.1% | 64.9% | 62.0% | 59.2% | 55.9% | 54.0% | 34.1% | 52.3% | 51.7% | 50.6% | 55.2% |
| Operating margin | 25.5% | 19.3% | 28.4% | 26.0% | 20.7% | 12.8% | 19.0% | −23.7% | 12.4% | 7.6% | 5.7% | 17.1% |
| Net margin | 19.3% | 15.1% | 20.0% | 19.9% | 15.7% | 10.0% | 14.4% | −18.2% | 8.8% | 5.7% | 4.5% | 13.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TCBI's financial statements (latest annual report filed February 10, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TCBI financial results
In fiscal year 2025 (ended December 31, 2025), Texas Capital Bancshares reported revenue of $2.0 billion, up 13.5% from the year before. It had net income of $330.2 million (up 326.1%), a net profit margin of 16.5%. Diluted earnings per share came to $6.81. Over five years revenue grew at an average rate of 11.2% a year.
See the TCBI stock overview for the latest quote and news, or the TCBI chart for price history and technical indicators.
TCBI income statement FAQ
What is Texas Capital Bancshares's annual revenue?
Texas Capital Bancshares reported total revenue of $2.0 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.5% from $1.8 billion the previous year.
Is Texas Capital Bancshares profitable?
Yes. Texas Capital Bancshares reported net income of $330.2 million in fiscal 2025, a net profit margin of 16.5%; its operating margin was 22.2%.
What is Texas Capital Bancshares's gross margin?
Texas Capital Bancshares's gross margin was 60.6% in fiscal 2025: for every $100 of revenue, Texas Capital Bancshares kept $61 after the direct cost of its products and services.
How fast is Texas Capital Bancshares growing?
Revenue grew 11.2% a year on average over the last five fiscal years, from $1.2 billion to $2.0 billion.
What are Texas Capital Bancshares's earnings per share?
Texas Capital Bancshares earned $6.81 per diluted share in fiscal 2025, compared with $1.27 a year earlier.
When will Texas Capital Bancshares report its next earnings?
Texas Capital Bancshares is expected to report results for the quarter ending September 30, 2026 on October 28, 2026.
When does Texas Capital Bancshares's fiscal year end?
Texas Capital Bancshares's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 10, 2026.