Texas Capital Bancshares buy Subdi

Krisenfestes Geschäft und sicheres Wachstum...

...die Begründung ist so einfach wie logisch: Überall droht Rezession, nur nicht in Texas, denn die Fracking Technik bringt dem Land einen Boom. Arbeitsplätze entstehen, Investitionen müssen finanziert werden, der Wohlstand steigt, und eine Regionalbank in Texas muss davon unweigerlich profitieren...

David White hat darüber einen Artikel geschrieben, der mich voll und ganz überzeugt hat:

"... Data from the 10-K demonstrate TCBI's growth well, especially comparing December 31, 2008 results to December 31, 2012 results:

• Interest Income increased from $248.9 million to $398.5 million.
• Interest expenses decreased from $97.2 million to $21.6 million.
• Net interest income increased from $151.7 million to $376.9 million.
• Non-interest income increased from $22.5 million to $43.0 million.
• Non-interest expense increased from $109.7 million to $219.8 million.
• Income from continuing operations before taxes increased from $37.8 million to $188.6 million.
• Net Income increased from $24.3 million to $120.7 million.
• Total assets increased from $5.141B to $10.541B.
• Loans held for investment increased from $4.028B to $6.786B.
• Loans held for sale increased from $496.4 million to $3.175B.
• Total deposits increased from $3.333B to $7.441B.
• Stockholders' equity increased from $387 million to $836 million.
• Net income per share increased from $0.87 to $3.09.
• Tangible book value per share increased from $12.19 to $19.96.
• Book value per share increased from $12.44 to $20.45.
• Net interest margin increased from 3.54% to 4.41%.
• Return on average assets increased from 0.55% to 1.35%.
• Return on average equity increased from 7.46% to 16.93%.
• Net charge-offs to average loans decreased from 0.35% to 0.10%.
• Q4 2012E total capital ratio was 12.12%.
• Q4 2012E tier 1 capital ratio was 10.06%.
• Q4 2012E tangible common equity/total tangible assets was 7.73%.  ..."