Timothy J.  Storms net worth and biography

Timothy Storms Biography and Net Worth

Tim Storms serves as Executive Vice President and Chief Risk Officer for Texas Capital Bank and its parent company, Texas Capital Bancshares, Inc. (NASDAQ®: TCBI). He is responsible for overseeing all risk functions, enterprise risk management practices and programs, and regulatory compliance. He also serves as chair of the Executive Risk Committee, which oversees execution of the risk management framework and the bank’s risk appetite statements.

Before joining Texas Capital Bank in early 2021, Storms served JPMorgan Chase & Co. from 1981 to 2019, most recently serving as Chief Risk Officer of Commercial Banking’s Real Estate businesses from 2015 to 2019. Prior to that position he held several key executive positions including: Chief Credit Officer of Commercial Banking as well as head of Risk Management for corporate and real estate clients across North America for Investment Banking. Mr. Storms was also a member of a number of committees, including the Risk Operating Committee of Investment Banking and Commercial Banking.

Storms earned a bachelor of arts in economics and psychology from Wesleyan University – Connecticut and a master of business administration in corporate finance from Columbia University.

What is Timothy J. Storms' net worth?

The estimated net worth of Timothy J. Storms is at least $961,499.16 as of October 24th, 2022. Mr. Storms owns 15,993 shares of Texas Capital Bancshares stock worth more than $961,499 as of April 24th. This net worth evaluation does not reflect any other assets that Mr. Storms may own. Additionally, Mr. Storms receives a salary of $823,580.00 as Insider at Texas Capital Bancshares. Learn More about Timothy J. Storms' net worth.

How old is Timothy J. Storms?

Mr. Storms is currently 65 years old. There are 6 older executives and no younger executives at Texas Capital Bancshares. Learn More on Timothy J. Storms' age.

What is Timothy J. Storms' salary?

As the Insider of Texas Capital Bancshares, Inc., Mr. Storms earns $823,580.00 per year. There are 4 executives that earn more than Mr. Storms. The highest earning executive at Texas Capital Bancshares is Mr. Robert C. Holmes, President, CEO & Director, who commands a salary of $2,620,000.00 per year. Learn More on Timothy J. Storms' salary.

How do I contact Timothy J. Storms?

The corporate mailing address for Mr. Storms and other Texas Capital Bancshares executives is 2000 MCKINNEY AVE SUITE 700, DALLAS TX, 75201. Texas Capital Bancshares can also be reached via phone at (214) 932-6600 and via email at [email protected]. Learn More on Timothy J. Storms' contact information.

Has Timothy J. Storms been buying or selling shares of Texas Capital Bancshares?

Timothy J. Storms has not been actively trading shares of Texas Capital Bancshares within the last three months. Most recently, on Monday, October 24th, Timothy J. Storms bought 4,400 shares of Texas Capital Bancshares stock. The stock was acquired at an average cost of $57.21 per share, with a total value of $251,724.00. Following the completion of the transaction, the insider now directly owns 15,993 shares of the company's stock, valued at $914,959.53. Learn More on Timothy J. Storms' trading history.

Who are Texas Capital Bancshares' active insiders?

Texas Capital Bancshares' insider roster includes Julie Anderson (CFO), Paola Arbour (Director), Jonathan Baliff (Director), James Browning (Director), John Cummings (Insider), John Cummings (Insider), Larry Helm (Director), Rob Holmes (CEO), Thomas Long (Director), Elysia Ragusa (Director), Robert Stallings (Director), and Timothy Storms (Insider). Learn More on Texas Capital Bancshares' active insiders.

Are insiders buying or selling shares of Texas Capital Bancshares?

During the last twelve months, Texas Capital Bancshares insiders bought shares 30 times. They purchased a total of 113,676 shares worth more than $4,268,228.96. During the last twelve months, insiders at the bank sold shares 1 times. They sold a total of 7,000 shares worth more than $378,980.00. The most recent insider tranaction occured on February, 27th when Director Thomas E Long bought 2,000 shares worth more than $117,560.00. Insiders at Texas Capital Bancshares own 1.5% of the company. Learn More about insider trades at Texas Capital Bancshares.

Information on this page was last updated on 2/27/2024.

Timothy J. Storms Insider Trading History at Texas Capital Bancshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/24/2022Buy4,400$57.21$251,724.0015,993View SEC Filing Icon  
9/2/2021Buy4,173$59.83$249,670.597,717View SEC Filing Icon  
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Timothy J. Storms Buying and Selling Activity at Texas Capital Bancshares

This chart shows Timothy J Storms's buying and selling at Texas Capital Bancshares by year and by quarter.

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Texas Capital Bancshares Company Overview

Texas Capital Bancshares logo
Texas Capital Bancshares, Inc. operates as the bank holding company for Texas Capital Bank, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers. The company offers commercial banking; consumer banking; investment banking solutions, including capital markets, mergers and acquisitions, and syndicated finance, as well as financial sponsor coverage, capital solutions, and institutional services; and wealth management services, such as investment management, financial planning, lockbox and insurance, securities-based lending, estate planning, and business succession, as well as philanthropic, trustee and executor, custom credit, and depository services. It also provides deposit accounts, analyzed accounts, commercial card, SBA and business loans, packaged solutions, and merchant services; liquidity and investments, working capital, international trade and payment, and treasury and credit products; and commercial real estate, homebuilder and community, and mortgage finance. In addition, the company offers payables and receivables management; online and mobile banking; term loans and lines of credit, equipment finance and lease, acquisition finance, and asset-based lending; private wealth advisory solutions; and checking and savings accounts, debit and credit cards, and certificates of deposit, as well as ETF and funds management services. Further, it provides financial institution money market accounts and loan syndication products; commercial loans for financing for working capital, organic growth, and acquisitions; real estate term and construction loans; mortgage warehouse lending services; treasury management, trust, and advisory and escrow services; and letters of credit. The company operates in Austin, Dallas, Fort Worth, Houston, and San Antonio metropolitan areas of Texas. Texas Capital Bancshares, Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.
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Today's Range

Now: $60.12
Low: $59.39
High: $60.47

50 Day Range

MA: $59.01
Low: $55.51
High: $61.55

2 Week Range

Now: $60.12
Low: $42.79
High: $66.18

Volume

304,601 shs

Average Volume

468,174 shs

Market Capitalization

$2.80 billion

P/E Ratio

18.22

Dividend Yield

N/A

Beta

1.19