Texas Capital Bancshares, Inc. (NASDAQ:TCBI) Q3 2022 Earnings Conference Call October 20, 2022 10:00 AM ET
Company Participants
Jocelyn Kukulka - Head, IR
Rob Holmes - President and CEO
Matt Scurlock - CFO
Conference Call Participants
Michael Rose - Raymond James
Jennifer Demba - Truist
Brad Milsaps - Piper Sandler
Brady Gailey - KBW
Matt Olney - Stephens
Jon Arfstrom - RBC Capital Markets
Operator
Hello and welcome to TCBI Q3 2022 Earnings Call. My name is Elliot and I'll be coordinating your call today. [Operator Instructions]
I would now like to hand over to Jocelyn Kukulka, Head of Investor Relations. The floor is yours, please go ahead.
Jocelyn Kukulka
Good morning and thank you for joining us for TCBI's third quarter 2022 earnings conference call. I'm Jocelyn Kukulka, Head of Investor Relations. Before we begin, please be aware that this call will include forward-looking statements that are based on our current expectations of future results or events. Forward-looking statements are subject to both known and unknown risks and uncertainties that could cause actual results to differ materially from these statements. Our forward-looking statements are as of the date of this call and we do not assume any obligation to update or revise them.
Statements made on this call should be considered together with the cautionary statements and other information contained in today's earnings release, our most recent Annual Report on Form 10-K and subsequent filings with the SEC. We will refer to slides during today's presentation, which can be found along with the press release in the Investor Relations section of our website at texascapitalbank.com.
Our speakers for the call today are Rob Holmes, President and CEO; and Matt Scurlock, CFO. At the conclusion of our prepared remarks, our operator will open up a Q&A session.
And now I will turn the call over to Rob for opening remarks. Rob?
Rob Holmes
Thank you for joining us today to discuss our third quarter activities. We have made significant progress against both our near-term objectives and longer-term goals to build a platform capable of delivering products and services relevant to Texas-based businesses and entrepreneurs at every stage of their life cycles. We have been transparent that this transformation will begin with a period of sustained investment to reorganize the operating model around client delivery, while we realigned our expenses directly against expanded coverage and improved capabilities and refocus the capital base to support businesses where we can be relevant to clients by offering a full suite of products and services.