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.