Company Research Report: Texas Capital Bank
Company Overview
Name and Mission
Name: Texas Capital Bank
Mission: To deliver exceptional value through personal client relationships, experience, and trust, helping businesses and their leaders succeed across the nation.
Foundation and Key People
Founded: December 18, 1998
Founders: No information is available
Key People:
- Rob C. Holmes: President & Chief Executive Officer
- Anna M. Alvarado: Chief Legal Officer & Corporate Secretary
- Jay Clingman: Head of Commercial Banking
- John Cummings: Chief Administrative Officer
- Donald Goin: Chief Information Officer
- Daniel Hoverman: Head of Corporate & Investment Banking
- Shannon Jurecka: Chief Human Resources Officer
- Nancy McDonnell: Head of Treasury Solutions
- David Oman: Chief Risk Officer
- Matt Scurlock: Chief Financial Officer
- Shannon Woods: Director of Internal Audit
Headquarters and Workforce
Headquarters: Dallas, Texas
Number of Employees: Approximately 1,900 (as of August 1, 2024)
Revenue: No information is available
Assets: $29.8 billion (as of July 18, 2024)
Known For: Texas Capital Bank is known for its relationship-based financial solutions, strong client-centric culture, and a wide array of banking products and services tailored to businesses and personal banking needs.
Products
Overview
Texas Capital Bank offers a comprehensive suite of financial products and services tailored to individual and business needs.
Detailed Product Offerings
1. Commercial Banking
- Products: Credit & Financing, Treasury Solutions, Fraud Protection
- Key Features:
- Payables & Receivables Management
- Liquidity & Investment Solutions
- Commercial Card Solutions
- Fraud Protection
- International Trade & Payments
- Online & Mobile Banking
2. Wealth Management
- Products: Customized advisory, Investment Solutions
- Key Features:
- Personalized wealth management
- Estate planning
- Investment strategies
- Risk management
3. Investment Banking
- Products: Syndicated Finance, Capital Markets, Mergers & Acquisitions, Financial Sponsors Coverage, Capital Solutions, Institutional Services
- Key Features:
- Expert advice on capital markets
- Structuring and arranging credit facilities
- Hedging and risk management
- Sales and trading activities in corporate and mortgage securities
4. Personal Banking
- Products: Bask Bank services, Personal Banking Solutions
- Key Features:
- Personalized services
- Online Banking
- Diverse account options
Recent Developments
Company Developments
1. New Business Initiatives:
- Launch of Texas Capital Direct Lending (TCDL) platform to provide non-bank private capital to the middle market (August 5, 2024).
- Appointment of Todd Jordan as Austin Market President and leader of Austin Middle Market Banking (August 1, 2024).
2. Product Launches and Enhancements:
- Initiation of a new public finance business aiming to become one of the top three municipal bond underwriters in Texas (May 28, 2024).
3. Recognition and Appointments:
- Rob Holmes, CEO, nominated as a finalist for the 2024 Entrepreneur of the Year in the Southwest (April 17, 2024).
New Partnerships and Collaborations
No information is available
Conclusion
Texas Capital Bank has established itself as a versatile financial service provider with strong leadership, strategic expansions, and a resilience-driven culture. While maintaining its core competency in banking solutions, the bank continuously evolves by launching new business initiatives and enhancing existing products to meet market demands.
