Texas Capital Bancshares expects third-quarter net interest income to reach $265 million to $270 million and net interest margin to step down seasonally into the 3.20% to 3.25% range, according to management commentary during the company's second-quarter 2026 earnings call. Chief Financial Officer Matt Scurlock said the margin decline reflects mortgage finance mix and temporary funding, while total noninterest income is projected between $70 million and $75 million, with investment banking and sales and trading contributing approximately $40 million to $45 million. The bank reiterated its full-year 2026 outlook but now incorporates one rate hike in December, bringing the Fed funds upper limit to 4% at year-end, and expects total revenue growth in the mid- to high single digits alongside full-year noninterest revenue of $270 million to $290 million. Second-quarter net interest income rose $7 million year-over-year to $260.4 million, adjusted earnings per share increased 15% to $1.88, and tangible book value per share grew 10% to $76.98. Management also highlighted record fee income, sustained operating leverage, and the payment of the company's inaugural common stock cash dividend.
Texas Capital Bancshares, Inc.Company guides Q3 net interest income and margin, reports strong Q2 earnings with EPS up 15% and tangible book value up 10%.