Texas Capital President & Chief Executive Officer Rob C. Holmes Now Serves as Chairman of the Board
April 15 2025 - 4:05PM
Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company
of Texas Capital, today announced that President & Chief
Executive Officer Rob C. Holmes was confirmed as Chairman of the
Board of Directors at the conclusion of TCBI’s 2025 Annual Meeting
of Stockholders. Holmes, who has served as President & Chief
Executive Officer and a Director of the Board since 2021, was
unanimously elected to this position by the Board of Directors in
January 2025.
Bob Stallings, who served as Chairman since 2023, has officially
transitioned into the role of Lead Independent Director.
“I want to thank outgoing Chairman Bob Stallings for his
dedication and significant contributions to Texas Capital over the
past two years,” said Holmes. “I do not take the responsibilities
of this position lightly; it is a distinct honor to serve in this
capacity for Texas Capital, and I look forward to building on the
firm’s many successes along with our employees. With our highly
differentiated platform, industry-leading capital and liquidity,
and a clear vision for the future, Texas Capital is well-positioned
to serve our clients through all economic conditions and to deliver
on our objectives for 2025 and beyond.”
About Texas Capital Bancshares, Inc.Texas
Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell
2000® Index and the S&P MidCap 400®, is the parent company of
Texas Capital Bank (“TCB”). Texas Capital is the collective brand
name for TCB and its separate, non-bank affiliates and wholly owned
subsidiaries. Texas Capital is a full-service financial services
firm that delivers customized solutions to businesses,
entrepreneurs and individual customers. Founded in 1998, the
institution is headquartered in Dallas with offices in Austin,
Houston, San Antonio and Fort Worth, and has built a network of
clients across the country. With the ability to service clients
through their entire lifecycles, Texas Capital has established
commercial banking, consumer banking, investment banking and wealth
management capabilities. All services are subject to applicable
laws, regulations, and service terms. Deposit and lending products
and services are offered by TCB. For deposit products, member FDIC.
For more information, please visit www.texascapital.com.
Forward Looking StatementsThis communication
contains “forward-looking statements” within the meaning of and
pursuant to the Private Securities Litigation Reform Act of 1995
regarding, among other things, TCBI’s financial condition, results
of operations, business plans and future performance. These
statements are not historical in nature and may often be identified
by the use of words such as “believes,” “projects,” “expects,”
“may,” “estimates,” “should,” “plans,” “targets,” “intends”
“could,” “would,” “anticipates,” “potential,” “confident,”
“optimistic” or the negative thereof, or other variations thereon,
or comparable terminology, or by discussions of strategy,
objectives, estimates, trends, guidance, expectations and future
plans.
Because forward-looking statements relate to future results and
occurrences, they are subject to inherent and various
uncertainties, risks, and changes in circumstances that are
difficult to predict, may change over time, are based on
management’s expectations and assumptions at the time the
statements are made and are not guarantees of future results.
Numerous risks and other factors, many of which are beyond
management’s control, could cause actual results to differ
materially from future results expressed or implied by such
forward-looking statements. While there can be no assurance that
any list of risks is complete, important risks and other factors
that could cause actual results to differ materially from those
contemplated by forward-looking statements include, but are not
limited to: economic or business conditions in Texas, the United
States or globally that impact TCBI or its customers; negative
credit quality developments arising from the foregoing or other
factors; increased or expanded competition from banks and other
financial service providers in TCBI’s markets; TCBI’s ability to
effectively manage its liquidity and maintain adequate regulatory
capital to support its businesses; TCBI’s ability to pursue and
execute upon growth plans, whether as a function of capital,
liquidity or other limitations; TCBI’s ability to successfully
execute its business strategy, including its strategic plan and
developing and executing new lines of business and new products and
services and potential strategic acquisitions; the extensive
regulations to which TCBI is subject and its ability to comply with
applicable governmental regulations, including legislative and
regulatory changes; TCBI’s ability to effectively manage
information technology systems, including third party vendors,
cyber or data privacy incidents or other failures, disruptions or
security breaches; TCBI’s ability to use technology to provide
products and services to its customers; risks related to the
development and use of artificial intelligence; changes in interest
rates, including the impact of interest rates on TCBI’s securities
portfolio and funding costs, as well as related balance sheet
implications stemming from the fair value of our assets and
liabilities; the effectiveness of TCBI’s risk management processes
strategies and monitoring; fluctuations in commercial and
residential real estate values, especially as they relate to the
value of collateral supporting TCBI’s loans; the failure to
identify, attract and retain key personnel and other employees;
adverse developments in the banking industry and the potential
impact of such developments on customer confidence, liquidity and
regulatory responses to these developments, including in the
context of regulatory examinations and related findings and
actions; negative press and social media attention with respect to
the banking industry or TCBI, in particular; claims, litigation or
regulatory investigations and actions that TCBI may become subject
to; severe weather, natural disasters, climate change, acts of war,
terrorism, global conflict (including those already reported by the
media, as well as others that may arise), or other external events,
as well as related legislative and regulatory initiatives; and the
risks and factors more fully described in TCBI’s most recent Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q and other
documents and filings with the SEC. The information contained in
this communication speaks only as of its date. Except to the extent
required by applicable law or regulation, we disclaim any
obligation to update such factors or to publicly announce the
results of any revisions to any of the forward-looking statements
included herein to reflect future events or developments.
MEDIA CONTACT
Julia Monter, 469.399.8425
julia.monter@texascapitalbank.com
Texas Capital Bancshares (NASDAQ:TCBI)
Historical Stock Chart
From Jun 2025 to Jul 2025
Texas Capital Bancshares (NASDAQ:TCBI)
Historical Stock Chart
From Jul 2024 to Jul 2025