Texas Capital Bancshares (NASDAQ:TCBIO) Stock Price Up 0% – Here’s What Happened

Texas Capital Bancshares, Inc. (NASDAQ:TCBIO)’s stock price shot up 0% during mid-day trading on Wednesday . The company traded as high as $21.40 and last traded at $21.20. 10,824 shares traded hands during trading, a decline of 44% from the average session volume of 19,304 shares. The stock had previously closed at $21.19.

Texas Capital Bancshares Trading Up 0.0 %

The business has a 50-day simple moving average of $20.41 and a 200 day simple moving average of $20.76.

Texas Capital Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.3594 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 6.78%. The ex-dividend date is Monday, March 3rd.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services.