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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Texas Capital Bancshares Inc    TCBI

TEXAS CAPITAL BANCSHARES INC (TCBI)
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Texas Capital Bancshares : BANK REOPENS HOUSTON RIVERWAY LOCATION

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10/23/2017 | 04:07pm CEST

Texas Capital Bank today announced the reopening of its One Riverway location in Houston, Texas after using a temporary location in the wake of Hurricane Harvey.

DALLAS- October 23, 2017 Texas Capital Bank, the commercial bank that delivers highly personalized financial services to businesses and entrepreneurs, today announced the reopening of its One Riverway location in Houston, Texas. This reopening marks Texas Capital Bank's full restoration of operations in Houston after initially closing area locations due to the impacts of Hurricane Harvey. Texas Capital Bank previously announced the reopening of its Northwest Houston locations, after also being closed post-Harvey.

'We are deeply committed to helping the Houston community recover in the wake of Hurricane Harvey,' said Texas Capital Bank President and CEO Keith Cargill. 'Resuming full operations in Houston represents an important milestone as we work with this great city to rebuild and prosper. We are grateful to our clients for their continued support and to our employees for their ongoing dedication and resilience during this time.'

Texas Capital Bank's Houston-area locations include:

Executive Offices:

  • One Riverway, Suite 2100, Houston, TX 77056
  • 2930 West Sam Houston Pkwy N, Suite 300, Houston, TX 77043

Banking Centers
  • One Riverway, Suite 150, Houston TX, 77056
  • 4424 West Sam Houston Parkway North, Suite 170, Houston, TX 77041
In addition to providing access to needed banking services, Texas Capital Bank has made significant contributions to help those impacted by Hurricane Harvey, including a $100,000 donation to United Way of Greater Houston. Texas Capital Bank also provided $100,000 and 30 volunteers to Houston Children's Charity and an additional $25,000 to the American Red Cross, with which the bank serves as a Ready 365 Partner. Furthermore, employees raised nearly $10,000 in private donations for the American Red Cross. Texas Capital Bank also partnered with Trusted World and Austin Relief Network to host needs drives in their Austin, Fort Worth and Dallas locations to provide immediate assistance to evacuees. Additionally, Texas Capital Bank deployed its Mobile Center to Houston to serve as a temporary branch to meet the immediate business and personal banking needs of those affected by the storm, while its banking centers were closed.

Internally, Texas Capital Bank created the Texas Capital Bank Employee Disaster Relief Fund to help support employees affected by the storm. Texas Capital Bank has donated $50,000 to the fund and will match all donations up to an additional $50,000.

'We continue to identify ways we can help the Houston community recover in the wake of Hurricane Harvey,' said Texas Capital Bank Houston Market Chairman Bill Wilson. 'Throughout the immediate days after the storm and during the office closings, our dedicated employees worked together to serve our clients and I am proud of their ongoing commitment to the rebuild process following this historic storm. We look forward to continuing to serve our Houston-area customers from our reopened locations.'

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Texas Capital Bancshares Inc. published this content on 23 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 October 2017 14:06:05 UTC.

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Financials ($)
Sales 2018 1 002 M
EBIT 2018 469 M
Net income 2018 308 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 14,43
P/E ratio 2019 12,63
Capi. / Sales 2018 4,44x
Capi. / Sales 2019 3,96x
Capitalization 4 447 M
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Average target price 105 $
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NameTitle
C. Keith Cargill President, Chief Executive Officer & Director
Larry L. Helm Non-Executive Chairman
Julie L. Anderson CFO, Secretary, CAO & Controller
Robert William Stallings Independent Director
Ian Johnstone Turpin Independent Director
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