TCBI vs BOKF

For growth investors, Texas Capital Bancshares, Inc.

(TCBI) is the stronger pick with 13. 5% revenue growth year-over-year, versus 10. 4% for BOK Financial Corporation (BOKF). Texas Capital Bancshares, Inc. (TCBI) offers the better valuation at 14. 8x trailing P/E (13. 2x forward), making it the more compelling value choice. Analysts rate Texas Capital Bancshares, Inc. (TCBI) a "Hold" — based on 39 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Texas Capital Bancshares, Inc.

(TCBI) is the cheapest at 14. 8x versus BOK Financial Corporation at 16. 4x. On forward P/E, BOK Financial Corporation is actually cheaper at 13. 0x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Texas Capital Bancshares, Inc. wins at 0. 30x versus BOK Financial Corporation's 4. 38x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, BOK Financial Corporation (BOKF) delivered a total return of +59.

4%, compared to +43. 2% for Texas Capital Bancshares, Inc. (TCBI). Over 10 years, the gap is even starker: BOKF returned +168. 5% versus TCBI's +138. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), BOK Financial Corporation (BOKF) is the lower-risk stock at 1.

03β versus Texas Capital Bancshares, Inc. 's 1. 21β — meaning TCBI is approximately 17% more volatile than BOKF relative to the S&P 500. On balance sheet safety, Texas Capital Bancshares, Inc. (TCBI) carries a lower debt/equity ratio of 26% versus 80% for BOK Financial Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Texas Capital Bancshares, Inc.

(TCBI) is pulling ahead at 13. 5% versus 10. 4% for BOK Financial Corporation (BOKF). On earnings-per-share growth, the picture is similar: Texas Capital Bancshares, Inc. grew EPS 431. 3% year-over-year, compared to 1. 5% for BOK Financial Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Texas Capital Bancshares, Inc.

(TCBI) is the more profitable company, earning 16. 5% net margin versus 15. 6% for BOK Financial Corporation — meaning it keeps 16. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TCBI leads at 22. 2% versus 19. 8% for BOKF. At the gross margin level — before operating expenses — TCBI leads at 60. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Texas Capital Bancshares, Inc. (TCBI) is the more undervalued stock at a PEG of 0. 30x versus BOK Financial Corporation's 4. 38x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, BOK Financial Corporation (BOKF) trades at 13. 0x forward P/E versus 13. 2x for Texas Capital Bancshares, Inc. — 0. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TCBI: 5. 6% to $106. 17.

All stocks in this comparison pay dividends.

BOK Financial Corporation (BOKF) offers the highest yield at 1. 7%, versus 0. 4% for Texas Capital Bancshares, Inc. (TCBI).

For long-horizon retirement investors, BOK Financial Corporation (BOKF) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.

03), 1. 7% yield, +168. 5% 10Y return). Both have compounded well over 10 years (BOKF: +168. 5%, TCBI: +138. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

BOKF pays a dividend while TCBI does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.