NicolasMcComber Texas Capital Bancshares’ (NASDAQ:TCBI) recent divestiture of its BankDirect Capital Finance holding marks continued progress on its strategic shift toward building out a core Texas commercial lending base. Strategically, it’s hard to argue against the move – it creates a better-capitalized and more liquid balance sheet, allowing for capital reallocation to accelerate the turnaround […]

The post Texas Capital Bank: BankDirect Divestiture Not Enough To Justify Steep Valuation Premium appeared first on The Black Chronicle.