Texas Capital Bancshares (TCBI) Tax Rate (2010 - 2026)
Texas Capital Bancshares (TCBI) recorded Tax Rate of 24.15% in Q2 2026, down 0.17 percentage points from 24.33% a year earlier but up 2.31 percentage points from the prior quarter.
Texas Capital Bancshares (TCBI) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Texas Capital Bancshares' Tax Rate came in at 23.48% as of Jun 30, 2026, down 0.41 percentage points year-over-year; for FY2025, it was 23.68%, down 3.92 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -4.22 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 27.60% in FY2024 (+4.30 pp), 23.30% in FY2023 (+0.31 pp), 22.99% in FY2022 (-1.89 pp) and 24.88% in FY2021 (-3.02 pp).
- Quarterly Tax Rate has ranged from 20.87% in Q4 2023 to 28.90% in Q2 2024 over the past five years.
- On a year-over-year basis, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -0.84 percentage points over the last six quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 5.73 percentage points in Q2 2024, against a drop of 4.79 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.85% (Q1 2026), 23.91% (Q4 2025) and 23.64% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Texas Capital Bancshares | 4.42 Bn | -14.14 Bn | - | 24.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.15% |
| Mar 31, 2026 | 21.85% |
| Dec 31, 2025 | 23.91% |
| Sep 30, 2025 | 23.64% |
| Jun 30, 2025 | 24.33% |
| Mar 31, 2025 | 22.18% |
| Dec 31, 2024 | 24.06% |
| Jun 30, 2024 | 28.90% |
| Mar 31, 2024 | 25.17% |
| Dec 31, 2023 | 20.87% |
| Sep 30, 2023 | 23.90% |
| Jun 30, 2023 | 23.17% |
| Mar 31, 2023 | 23.78% |
| Dec 31, 2022 | 21.90% |
| Sep 30, 2022 | 25.19% |
| Jun 30, 2022 | 24.88% |
| Mar 31, 2022 | 24.82% |
| Dec 31, 2021 | 26.69% |
| Sep 30, 2021 | 24.31% |
| Jun 30, 2021 | 24.27% |
Texas Capital Bancshares Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TCBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TCBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TCBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();