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NEW YORK (TheStreet) -- Texas Capital Bancshares (TCBI) - Get Report has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.  TheStreet Ratings Team has this to say about their recommendation:

"We rate TEXAS CAPITAL BANCSHARES INC (TCBI) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• The revenue growth came in higher than the industry average of 4.2%. Since the same quarter one year prior, revenues rose by 15.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
• TEXAS CAPITAL BANCSHARES INC has improved earnings per share by 16.4% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, TEXAS CAPITAL BANCSHARES INC increased its bottom line by earning $2.87 versus $2.73 in the prior year. This year, the market expects an improvement in earnings ($2.98 versus $2.87).
• The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Commercial Banks industry average. The net income increased by 24.6% when compared to the same quarter one year prior, going from $30.36 million to $37.83 million.
• The gross profit margin for TEXAS CAPITAL BANCSHARES INC is currently very high, coming in at 88.76%. Regardless of TCBI's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, TCBI's net profit margin of 25.38% significantly outperformed against the industry.
• Net operating cash flow has significantly increased by 104.54% to $40.20 million when compared to the same quarter last year. Despite an increase in cash flow of 104.54%, TEXAS CAPITAL BANCSHARES INC is still growing at a significantly lower rate than the industry average of 308.31%.
• You can view the full analysis from the report here: TCBI Ratings Report