Despite strong Q4 earnings, Texas Capital Bancshares' stock dropped 24.76% pre-market.

Texas Capital Bancshares (TCBI) reported strong Q4 earnings of $1.43 per share, beating analysts' expectations by $0.36. The company saw a significant increase in net income and non-interest income, with total loans and deposits growing by 10% and 13% respectively. Despite these positive financial results, TCBI's stock dropped by 24.76% in pre-market trade to $60.61. The company's current rating is "Hold" with a consensus price target of $74.75.

2 months ago
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