Texas Capital reports 53% jump in criticized loans, plans for more

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2024-04-19 11:32:37

Texas Capital reports 53% jump in criticized loans, plans for more

Texas Capital Bancshares' criticized loans rose more than 50% year over year. Executives say the company is well prepared for further credit deterioration, including in the commercial real estate loan category. Read more:- https://www.americanbanker.com/news/texas-capital-reports-53-jump-in-criticized-loans-plans-for-more

Texas Capital reports 53% jump in criticized loans, plans for more Texas Capital Bancshares' criticized loans rose more than 50% year over year. Executives say the company is well prepared for further credit deterioration, including in the commercial real estate loan category. Read more:- https://www.americanbanker.com/news/texas-capital-reports-53-jump-in-criticized-loans-plans-for-more

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Texas Capital reports 53% jump in criticized loans, plans for more

The first-quarter increase involved commercial real estate loans, including some problematic multifamily loans and an office credit, but none of the criticized loans were to consumers, officials at the Dallas company say. Further CRE deterioration is anticipated.

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