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Texas Capital Bancshares ( (TCBI) ) has issued an update.
On February 27, 2026, Texas Capital Bancshares completed a $400 million public offering of 5.301% fixed-to-floating rate senior notes due 2032, underwritten by a syndicate led by Goldman Sachs, Morgan Stanley, and its affiliate Texas Capital Securities. The notes, issued under an indenture with U.S. Bank Trust Company as trustee, pay a fixed 5.301% rate semi-annually through February 27, 2031, then convert to a floating rate tied to the Compounded Secured Overnight Financing Rate plus 1.94% until maturity on February 27, 2032.
The company received approximately $398.4 million in gross proceeds before expenses and plans to use the funds for general corporate purposes, which may include redeeming its 4.000% subordinated notes due 2031. The transaction strengthens Texas Capital Bancshares’ funding profile and capital flexibility, potentially lowering its future funding costs and adjusting its liability mix as it manages upcoming debt maturities.
The most recent analyst rating on (TCBI) stock is a Hold with a $115.00 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 (strong 2025 profitability rebound and healthier balance sheet) and a constructive earnings outlook from the latest call (growth and diversification supported by strong capital), with technicals also supportive. The main offsets are volatility in earnings/cash flows and credit/margin headwinds flagged in guidance, while valuation appears reasonable at ~15.4x earnings.
To see Spark’s full report on TCBI stock, click here.
More about Texas Capital Bancshares
Texas Capital Bancshares, Inc. is a financial services company operating in the banking industry through its Texas Capital Bank and related securities subsidiaries. The company focuses on providing commercial and corporate banking, capital markets, and investment services, with a particular emphasis on clients in Texas and surrounding markets.
Average Trading Volume: 470,737
Technical Sentiment Signal: Buy
Current Market Cap: $4.27B
For a thorough assessment of TCBI stock, go to TipRanks’ Stock Analysis page.