Texas Capital Bancshares Forecasts Q4 Noninterest Income and Expenses
Texas Capital Bancshares (TCBI) reported record profitability during its third quarter, characterized by CEO Robert Holmes as the most complete quarter in the firm's history. The bank achieved milestone results including record net interest income and record fee generation, signaling successful revenue diversification. Looking ahead to the fourth quarter, management provided specific guidance for noninterest components. The company expects noninterest expenses to fall between $205 million and $210 million, while targeting noninterest income in the range of $70 million to $75 million.
Tickers: $TCBI
Topics: earnings report financial results net interest income profitability
Read the full article at Seeking Alpha
Part of the story Potomac Bancshares Surpasses $1 Billion in Assets and Reports Year-Over-Year Net Income Growth (18 articles)