Texas Capital BancShares Inc. (NASDAQ:TCBI) Q2 2019 Earnings Conference Call - Final Transcript

Jul 17, 2019 • 05:00 pm ET

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Texas Capital BancShares Inc. (NASDAQ:TCBI) Q2 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
C. Keith Cargill

see the value in the premier strategic banking relationships we offer.

Today, we offer many new products and services through collaborative specialists, who deliver multifaceted client solutions alongside our relationship managers. We can and do punch above our weight and at $30 billion in assets we are a force in the Texas market as well as in the national markets, and we are never satisfied but always pushing to be one of the very few elite banks in the US able to successfully compete in our targeted niches with any bank for decades to come.

The substantial strategic investments we have made in recent years and will continue to make in the future will position us to be the premier financial services company of the next two decades, not merely a bank who moves too slowly to win tomorrow, only focused on next quarter's profit or growth. We understand the importance of growing profits, but also wisely investing a portion of today's profits for sustainably higher profits in the future. Those banks who set themselves apart as transformational leaders in the industry will win the premier clients who similarly are bold and investing in their company's future also.

Texas Capital Bank will continue to be a transformational leader and my colleagues will continue to engage our business on their clients in a business builder to business builder relationship. This is a powerful advantage we intend to further accentuate as we continue to invest in the finest talent, technology and strategic initiatives to ensure a bright future for our clients, colleagues, investors and communities.

The strategic initiatives implied are building a stronger deposit base, loan portfolio and more efficient premier client experience. The results will elevate our profit and ROE for years to come. We are very optimistic that the smart, collaborative, hard work we are accomplishing will deliver superior financial performance over the years ahead. We are preparing to exploit overly aggressive short-term competitors as we focus on quality-first and building a premier business of the future in every decision we make. We are fortunate, indeed, to be Texas-based and benefit from the prosperous economy all around us. We have never had such outstanding talent join our bank as we have experienced this past year. It is a powerful combination to add such strong new talent to the extraordinary veteran talent developing into franchise players, as we all build the Texas Capital Bank of the future.

It's time. Let's open the lines for Q&A.