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Texas Capital Bancshares Announces Pricing Of Common Stock Offering

Stocks in this article: TCBI

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) announced today that it has priced a public offering of 2 million shares of common stock to the public at $40.00 per share for total gross proceeds of $80 million. The Company expects to close the sale of the shares of common stock on August 1, 2012, subject to customary closing conditions. The underwriters will have a 30-day option to purchase up to an additional 15% of the offered amount of common stock from Texas Capital to cover over-allotments, if any. Macquarie Capital (USA), Inc. and Deutsche Bank Securities Inc. are serving as joint bookrunning managers for the equity offering.

Texas Capital Bancshares has filed a registration statement (including a prospectus) with the SEC for the offering. The offering is being made only by means of a prospectus and related prospectus supplement. Prospective investors should read the prospectus in that registration statement, the related prospectus supplement and other documents that Texas Capital has filed with the SEC for more complete information about Texas Capital and the offering. Investors may get these documents for free by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, Texas Capital, the underwriter or any dealer participating in the offering will arrange to send investors the prospectus if requested by contacting Macquarie Capital (USA) Inc., 125 West 55th Street, New York, NY 10019, Attention: Prospectus Department, by emailing US.Prospectus@Macquarie.com or by calling 888-268-3937, or Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005-2836, Attention: Prospectus Group, by emailing prospectus.cpdg@db.com or by calling 800-503-4611.

This news release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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