Texas Capital Bancshares: Attractive 6.85% Income Yield On Preferred Shares

  • Texas Capital Bancshares preferred shares yield 6.85%, making them attractive for income investors, despite rising long-term rates. The bank has outperformed peers, with strong loan and deposit growth, and improved net interest margin and spread in Q1. Loan loss allowance is below industry average, but nonperforming assets remain controlled, mitigating immediate risk to earnings.