Here are 1-3 brief analogies for Texas Capital Bancshares (TCBI):

• A regional JPMorgan Chase, focused on commercial clients and private wealth management in Texas.
• Like Bank of America or Wells Fargo, but specialized in serving Texas businesses and affluent individuals.

• Commercial Lending: Provides various types of loans to businesses, including commercial and industrial loans, real estate financing, and equipment lending.
• Mortgage Finance: Offers specialized financing solutions, such as warehouse lines of credit, to mortgage originators and servicers.
• Treasury Solutions: Delivers comprehensive cash management, payment processing, fraud prevention, and liquidity management services to business clients.
• Deposit Products: Provides a range of deposit accounts, including checking, savings, and money market accounts, for both businesses and individuals.
• Private Wealth Management: Offers personalized financial planning, investment management, trust services, and private banking to high-net-worth clients.

Texas Capital Bancshares (TCBI) primarily serves other companies and specific categories of individuals. Its major customers can be categorized as follows:

• Commercial and Industrial Businesses: This category encompasses a wide range of public and private middle-market companies across various industries. TCBI provides these businesses with traditional commercial banking services, including corporate loans, lines of credit, treasury management, and other financial solutions tailored to their operational needs.
• Mortgage Finance Companies: A specialized and significant customer segment for TCBI, comprising independent mortgage bankers and originators. The bank provides these companies with specialized financing, primarily warehouse lines of credit, to fund their mortgage loan origination activities.
• High-Net-Worth Individuals and Families: Served through TCBI's Private Wealth Management division, this segment receives a suite of personalized financial services including private banking, investment management, trust and estate planning, and financial advisory services.

• Q2 Holdings (QTWO)
• Amazon.com, Inc. (AMZN)
• Visa Inc. (V)
• Mastercard Incorporated (MA)

Rob C. Holmes, Chairman, President & Chief Executive Officer

Mr. Holmes joined Texas Capital Bank as President and CEO in January 2021 and was appointed Chairman of the Board in April 2025. Prior to joining Texas Capital, he spent 31 years at JPMorgan Chase & Co. His most recent role at JPMorgan Chase was Global Head of Corporate Client Banking and Specialized Industries, a position he held since 2011. He also served as co-head of JPMorgan's North American Retail Industries Investment Banking practice and head of Investment Banking for the southern region of the U.S.

Matt Scurlock, Managing Director & Chief Financial Officer

Mr. Scurlock serves as Managing Director and Chief Financial Officer of Texas Capital and its parent company, Texas Capital Bancshares, Inc., a role he assumed in January 2022. He joined Texas Capital in 2013 and has held leadership positions across Corporate Finance, Risk, Treasury, and Strategy sectors for over fifteen years. Before his tenure at Texas Capital, he worked for Deloitte & Touche LLP, providing strategic consulting to financial services clients, and served as a Vice President in the Corporate Finance group for Zions Bancorporation.

Anna M. Alvarado-Pearce, Chief Legal Officer & Corporate Secretary

Ms. Alvarado-Pearce is the Chief Legal Officer and Corporate Secretary at Texas Capital, having joined the firm in October 2021. She is responsible for supervising all legal services, advising the Board of Directors, and ensuring compliance with securities and banking regulations. Previously, she served as the global general counsel for FirstCash, Inc., where she oversaw international expansion and several domestic acquisitions. Her earlier career included roles as an attorney at Texas-based firms Tanner & Associates PC and Hill Gilstrap PC.

Daniel S. Hoverman, Head of Corporate & Investment Banking

Mr. Hoverman is the Head of Corporate & Investment Banking at Texas Capital Bancshares, Inc., and Texas Capital, joining in August 2021. He also serves as Managing Partner and President of TCBI Securities, Inc. With over 20 years of experience, he previously served as Managing Director, Head of Corporate Advisory and Sponsors Coverage at Regions Bank. His background also includes financial and legal roles at Houlihan Lokey, Credit Suisse, UBS Investment Bank, and Kirkland & Ellis.

David Oman, Chief Risk Officer

Mr. Oman assumed the role of Chief Risk Officer at Texas Capital in June 2024. He oversees the firm's risk functions, enterprise risk management practices, and regulatory compliance, bringing over 30 years of experience in financial and non-financial risk management. Prior to joining Texas Capital, Mr. Oman was a Managing Director in the Financial Risk Practice at PricewaterhouseCoopers (PwC). He has held significant risk management positions at global banks such as Bank of New York Mellon, Credit Suisse AG, Bank of America Merrill Lynch, and UBS, and began his banking career at one of the predecessor J.P. Morgan banks.

The clear emerging threat for Texas Capital Bancshares is the accelerating shift of consumers and businesses towards digital-first banking platforms, including neobanks, challenger banks, and the highly developed digital offerings from larger national banks. These competitors are leveraging superior technology, user interfaces, and often lower fee structures or higher interest rates to attract and retain customers, thereby eroding the traditional competitive advantages (such as branch networks and localized relationship banking) relied upon by regional banks like TCBI. This trend threatens TCBI's ability to acquire and retain deposits, compete for lending opportunities, and maintain its customer base by setting a new, higher standard for banking convenience and digital experience.

Texas Capital Bancshares (TCBI) operates in several key financial markets, primarily within Texas and across the United States. The addressable markets for its main products and services are sized as follows:

Commercial Banking

• Texas: The commercial banking industry in Texas is projected to have a market size of $108.7 billion in 2025. This market has shown an average annual growth rate of 7.2% from 2020 to 2025.
• United States: The U.S. commercial banking market size is estimated at $732.5 billion in 2025 and is forecasted to reach $915.45 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.56%.

Treasury Management

As a component of commercial banking services, treasury management offerings serve a significant market:

• Global: The global treasury management market is projected to reach $5,105 million in 2024 and is expected to grow to $14,870.41 million by 2032, at a CAGR of 14.30%. North America is anticipated to hold the largest share of this market in 2025.
• North America (Treasury Software): The treasury software market, which supports treasury management, was dominated by North America with a 41.55% revenue share in 2024. The global treasury software market size was valued at $3.67 billion in 2024.

Private Banking and Wealth Management

• United States (Private Banking): The U.S. private banking market size is estimated at $59.54 billion in 2025 and is projected to reach $94.89 billion by 2030, with a CAGR of 9.77%. Another estimate places the U.S. private banking market size at $127.6 billion in 2025, with a projection to rise to $218.4 billion by 2032, at a CAGR of 8.0%.
• North America (Wealth Management): The broader global wealth management market was valued at $1.25 trillion in 2020 and is estimated to reach $3.43 trillion by 2030, at a CAGR of 10.7%. North America held the largest share of this market in 2020.

1. Expansion of Client Relationships and Commercial Loan Growth: Texas Capital Bancshares is focused on strategic client acquisition, particularly within the commercial sector. The company has demonstrated strong client acquisition trends, with commercial loans showing significant year-over-year growth. This emphasis on securing holistic client relationships with "the best clients" is expected to drive continued revenue growth.
2. Growth in Investment Banking and Advisory Services: The company has seen broad contributions and significant improvements in adjusted non-interest revenue from its investment banking platform. This business is described as increasingly broad in product and client offerings, more granular, and more repeatable. Continued strategic investments in products, services, and talent within investment banking are anticipated to further augment fee income.
3. Advancement of the Treasury Solutions Platform: The deliberate evolution of Texas Capital's Treasury Solutions platform is identified as a critical investment and a foundation of its transformation. This platform has consistently proven successful, with gross payment revenues increasing for two consecutive years, and is expected to continue driving significant fee income growth.
4. Strategic Investments in Wealth Management: Texas Capital Bancshares has been making strategic investments in its wealth management platform, with the private wealth business expected to be fully developed by the end of 2024. These investments are set to contribute to the company's non-interest income and overall revenue diversification.
5. Diversified and Resilient Earnings Platform: The ongoing strategic transformation of Texas Capital Bancshares is aimed at building a cohesive and diversified earnings platform that is more resilient to market and rate cycles. This strategy is designed to structurally elevate the company's earnings power and drive consistent client engagement across various market conditions, ultimately leading to sustained low double-digit revenue growth.