RBC Capital sticks to its maintenance rating for Texas Capital Bancshares By Investing.com
RBC Capital analyst Jon Arfstrom maintained a hold rating on Texas Capital Bancshares (NASDAQ) on Wednesday, setting a price target of $ 69, or about 10.51% above the current price of the share of $ 62.44.
Arfstrom expects Texas Capital Bancshares to post earnings per share (EPS) of $ 1.33 for the fourth quarter of 2021.
The current consensus between 9 TipRanks analysts are for a Hold rating of Texas Capital Bancshares stocks, with an average price target of $ 70.5.
Analysts’ price targets range from a high of $ 75 to a low of $ 64.
In its latest earnings report, released 6/30/2021, the company reported quarterly revenue of $ 214.74 million and net income of $ 0. The company’s market capitalization is $ 3.16 billion.
According to TipRanks.com, Jon Arfstrom, Analyst at RBC Capital is currently rated with 5 stars on a 0 to 5 star rating scale, with an average performance of 30.2% and a success rate of 68.32%.
Texas Capital Bancshares, Inc. is the holding company of Texas Capital Bank NA. It provides commercial banking services to clients in Texas and focuses on mid-market business ventures and successful professionals and entrepreneurs. The company’s loan portfolio includes commercial loans, real estate loans, construction loans and letters of credit; business deposit products include commercial checking accounts, safe deposit boxes, cash concentration accounts and other cash management services, including an online system; trust and wealth management services include investment management, personal trust and estate services, custodial services, retirement accounts and related services. Texas Capital Bancshares was founded by George F. Jones, Jr. and Joseph M. Grant in November 1996 and is headquartered in Dallas, TX.
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