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Texas Capital Bancshares Announces Redemption of Subordinated Notes

Story Highlights
  • Texas Capital Bancshares will redeem all $375 million of its 4.000% subordinated notes on May 6, 2026.
  • The full redemption retires an entire subordinated debt issuance, simplifying capital structure and reducing interest costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Texas Capital Bancshares Announces Redemption of Subordinated Notes

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Texas Capital Bancshares ( (TCBI) ) just unveiled an update.

On March 9, 2026, Texas Capital Bancshares, Inc. announced that it had notified holders of its 4.000% Fixed-to-Fixed Rate Subordinated Notes due 2031 that all $375 million of the outstanding notes will be redeemed. The redemption will occur on May 6, 2026, at 100% of principal plus accrued and unpaid interest up to, but excluding, the redemption date, effectively retiring this entire subordinated debt issuance and potentially simplifying the company’s capital structure.

The notes being redeemed were issued under an indenture originally dated September 21, 2012, and later supplemented on May 6, 2021, with U.S. Bank Trust Company, National Association, serving as successor trustee. This transaction marks a significant capital management step for Texas Capital Bancshares, as the full redemption of these subordinated notes may reduce future interest expense and adjust the mix of the bank’s regulatory capital over time.

The most recent analyst rating on (TCBI) stock is a Buy with a $112.00 price target. To see the full list of analyst forecasts on Texas Capital Bancshares stock, see the TCBI Stock Forecast page.

Spark’s Take on TCBI Stock

According to Spark, TipRanks’ AI Analyst, TCBI is a Outperform.

The score is driven primarily by improved financial performance (profitability rebound and stronger balance sheet), supported by a positive earnings outlook and record operating results on the latest call. Offsetting factors include historically volatile earnings/cash flows, mixed near-term technical momentum, and only moderate valuation support at a ~14.6 P/E with no dividend yield provided.

To see Spark’s full report on TCBI stock, click here.

More about Texas Capital Bancshares

Texas Capital Bancshares, Inc. is a financial services holding company operating through its banking subsidiaries to provide commercial banking and related financial products. The company focuses on serving businesses and individuals with lending, deposit, and capital markets services in its core regional markets in the United States.

Average Trading Volume: 474,113

Technical Sentiment Signal: Buy

Current Market Cap: $4.06B

For detailed information about TCBI stock, go to TipRanks’ Stock Analysis page.

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