Texas Capital Bancshares: Preferred Shares Yielding 6.7%
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Texas Capital Bancshares offers a preferred share, TCBIO, with a 6.7% dividend yield, appealing to fixed income investors. Despite a decline in net interest income, the net interest margin is above pandemic levels. Loan growth in 2024 is significant, but rising nonperforming loans pose risks.
February 19, 2025 | 10:15 am
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Texas Capital Bancshares' preferred share TCBIO offers a 6.7% dividend yield, making it attractive for fixed income investors. However, rising nonperforming loans could impact future earnings.
The 6.7% yield on TCBIO is attractive for income investors, but the increase in nonperforming loans could negatively impact earnings, balancing the short-term outlook.
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