5 Best Logistics Stocks To Buy For 2015: Texas Cap ital Bancshares Inc.(TCBI)
Texas Capital Bancshares, Inc. operates as the holding company for Texas Capital Bank, National Association that provides various banking products and services for commercial and high net worth customers in Texas. It primarily engages in generating deposits and originating loans. The company?s deposit products include consumer checking accounts, savings accounts, money market accounts, and certificates of deposit, as well as commercial checking accounts, lockbox accounts, cash concentration accounts, and other treasury management products. Its lending products portfolio comprises commercial loans and leases; real estate loans, including loans secured by properties, and temporary financing for commercial and residential property; construction loans consisting of single-family residential properties and commercial projects; loans held for sale; and letters of credit. The company also provides trust and wealth management services, including investment management, personal tr ust and estate services, custodial services, retirement accounts, and related services, as well as offers retirement products, including individual retirement accounts and administrative services for retirement vehicles, such as pension and profit sharing plans. Texas Capital Bancshares, Inc. has banking offices in Dallas, Houston, Fort Worth, Austin, San Antonio, and the Cayman Islands. As of December 31, 2010, it conducted business at nine full service banking locations and one operations center. The company was founded in 1996 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Charley Blaine]
Also in the list: Bank of America (NYSE: BAC), up 13.31 percent; Citigroup (NYSE: C), up 8.8 percent; U.S. Bancorp (NYSE: USB), up 5.33 percent; and Texas Capital Bancshares (NASDAQ: TCBI) up 8.18 percent.
- [By John Udovich]
Texas has set another record for job creationwith small ca! p Texas banking stock like Texas Capital Bancshares (NASDAQ: TCBI), ViewPoint Financial Group (NASDAQ: VPFG) and First Financial Bankshares (NASDAQ: FFIN) naturally being well positioned to take advantage of the Texas economic miracle (see my previous article: Texas is Booming and So Are These Texas Stocks (EE, TPL & ATO)). I shouldadd that I wrote aboutthese Texas banking stocks back in late 2012(see: Dont Mess With Texas Banking Stocks TCBI, VPFG & FFIN) and the Texas Workforce Commission has justreported that the Texas economy added 36,400 jobs in September while over the past 12 months, employers added 413,700 jobs the most ever recorded by the state. Moreover, several companies surveyed by the Dallas Fed responded by sayingthey are seeing labor market tightnesswhile companies are saying they are experiencing upward wage pressuresandstaffingfirmsnote thatcandidates are ofte n receiving multiple offers.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/5-best-logistics-stocks-to-buy-for-2015-2.html
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