Texas Capital Bancshares, Inc. Announces Quarterly Dividend for Preferred
DALLAS, Nov. 21, 2013 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc.
(Nasdaq:TCBI), the parent company of Texas Capital Bank, and their board of
directors declared a cash dividend of $0.40625 per share of the non-cumulative
perpetual preferred stock, Series A, which is traded on the NASDAQ under the
symbol "TCBIP". The Series A Preferred Stock dividend is payable on December
16, 2013, to shareholders of record at the close of business on December 2,
ABOUT TEXAS CAPITAL BANCSHARES, INC.
Texas Capital Bancshares, Inc.® (Nasdaq:TCBI), a member of the Russell 2000®
Index and the S&P SmallCap 600®, is the parent company of Texas Capital Bank,
a commercial bank that delivers highly personalized financial services to
businesses and private clients. Headquartered in Dallas, the bank has
full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.
For more information, please visit www.texascapitalbank.com
This news release may be deemed to include forward-looking statements which
are based on Texas Capital's current estimates or expectations of future
events or future results. Texas Capital is under no obligation, and expressly
disclaims such obligation, to update, alter or revise its forward-looking
statements, whether as a result of new information, future events, or
otherwise. A number of factors, many of which are beyond Texas Capital's
control, could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. These risks and
uncertainties include, but are not limited to, the risk of adverse impacts
from general economic conditions, competition, interest rate sensitivity and
exposure to regulatory and legislative changes. These and other factors that
could cause results to differ materially from those described in the
forward-looking statements can be found in the prospectus supplement relating
to the offering and the Annual Report on Form 10-K and other filings made by
Texas Capital with the Securities and Exchange Commission (SEC).
This news release shall not constitute an offer to sell or a solicitation of
an offer to buy any securities, nor shall there be any sale of any securities
in any state or jurisdiction in which such an offer, solicitation or sale
would be unlawful.
CONTACT: Media Contact: Heather Worley, 214.932.6827
Investor Contact: Myrna Vance, 214.932.6646
Texas Capital Bancshares, Inc.
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