The Motley Fool Previous Page

Why Texas Capital Bancshares Spiked Higher

Sean Williams
October 24, 2013

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Texas Capital Bancshares (NASDAQ: TCBI), a provider of banking and financial services to enterprises in Texas, advanced 14% after the company reported its third-quarter earnings results.

So what: For the quarter, Texas Capital reported a 3% adjus