Texas Capital Bancshares Inc (NAS:TCBI)
$ 88.64 0.19 (0.21%) Market Cap: 4.10 Bil Enterprise Value: 1.90 Bil PE Ratio: 521.41 PB Ratio: 1.34 GF Score: 71/100

Texas Capital Bancshares Inc to Announces Sale of its Insurance Premium Finance Business Call Transcript

Sep 06, 2022 / 02:00PM GMT
Release Date Price: $59.13 (+1.95%)
Operator

Hello, and welcome to today's TCBI announced the sale of its insurance premium finance business. My name is Elliot, and I will be coordinating your call today. (Operator Instructions). I would now like to hand over to Jocelyn Kukulka, Head of Investor Relations. The floor is yours. Please go ahead.

Jocelyn Kukulka
Texas Capital Bancshares, Inc. - Head of IR and Corporate Development

Good morning. I'm Jocelyn Kukulka, Head of Investor Relations and Corporate Development. Thank you for joining our call regarding the divestiture of our insurance premium finance business, BankDirect Capital Finance. Our call today will be hosted by Rob Holmes, CEO and President of Texas Capital Bancshares; and Matt Scurlock, our CFO. After prepared remarks, we will have a question-and-answer session.

Before we begin, please be aware that this call will include forward-looking statements that are based on our current expectations of future results or events. Forward-looking statements are subject to both known and unknown risks and uncertainties that could cause actual

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