J. Scurlock on business strategy
From Matt Scurlock, CFO of Texas Capital Bank | The Jeff Crilley Show · · The Jeff Crilley Show
“Our mission is to be a full service Financial Services firm in the state of Texas. We're trying to build the flagship enterprise in this state, serving primarily Texas-based businesses with a differentiated offering.”
On , J. Scurlock, MD & Chief Financial Officer at TEXAS CAPITAL BANCSHARES INC, spoke about business strategy during Matt Scurlock, CFO of Texas Capital Bank | The Jeff Crilley Show on The Jeff Crilley Show.
About J. Scurlock
Matt Scurlock, CFO of Texas Capital Bank, discussed the bank's strategy and recent developments in a September 2023 interview. He stated that banks generally have more capital and liquidity than in recent years, and that Texas Capital Bank's strategy is to be "financially resilient" in order to support clients through all economic cycles. Scurlock noted that the bank launched a broker dealer about a year ago to provide investment banking and capital markets services, and described the bank's mission as building a full-service financial services firm for Texas-based businesses. Scurlock said that following the collapse of Silicon Valley Bank, senior leaders at Texas Capital Bank quickly developed a plan to contact clients and prospects to offer advisory services. He also highlighted the bank's "Stars program," which recruits young adults from Texas institutions for training in commercial banking, investment banking, and treasury. Scurlock added that the bank's value proposition has attracted talent from states including California and New York, and that Texas Capital Bank made a $10 million donation to its foundation to support community causes.