Texas Capital reports Q2 EPS $1.50, consensus $1.52
Net interest income was $243.6 million for the second quarter of 2019, compared to $235.6 million for the first quarter of 2019 and $231.7 million for the second quarter of 2018. The linked quarter increase in net interest income was due primarily to growth in average mortgage finance loans and an increase in day count for the second quarter of 2019 compared to the first quarter of 2019, partially offset by an increase in average interest-bearing liabilities. "We're pleased with our solid operating results for the first half of 2019," said Keith Cargill, CEO. "We continue to make progress in delivering on our key strategic initiatives to diversify and improve our funding mix while maintaining focus on delivering a premier client experience. Taking great care of our clients and being diligent about developing new clients who desire a broad relationship is positioning us for long-term financial success."