Texas Regional Bank acquires Estrada Hinojosa & Company, Inc.

Texas State Bankshares, Inc., the registered bank holding company for Texas Regional Bank (collectively, TRB), in early August completed its acquisition of Dallas-based investment banking group Estrada Hinojosa & Company, Inc. (EH). 

EH will operate under TRB Capital Markets, LLC, a wholly-owned subsidiary of Texas Regional Bank, using the assumed name of Estrada Hinojosa. TRB’s acquisition of EH will add more 50 individuals to the TRB team with offices in Dallas, Houston, San Antonio, Austin, Edinburg, Miami, Chicago, Denver and New York City. 

EH is an industry leader in public finance offering municipal advisory services, bond underwriting and bond trading. Since its inception in 1992, the firm has completed more than 2,600 municipal advisory transactions with a total par value exceeding $207 billion and more than 4,900 underwriting transactions with a total par value of over $486 billion. Noe Hinojosa Jr. will serve as President of TRB Capital Markets and a member of the Texas Regional Bank Board of Directors.

“This partnership will enhance our capacity and competitive position in the state of Texas and beyond. It will help continue transforming the many clients and communities we serve,” stated Hinojosa.

“The addition of the Estrada Hinojosa team provides a new business vertical in TRB Divisions that aligns with our strategic vision of becoming a full-service financial institution. We are excited to provide the Estrada Hinojosa team with capital and resources to expand their already robust position as a boutique investment bank in public finance. Under Noe Hinojosa’s leadership, we will continue the legacy as a best-in-class municipal advisor while gaining market share in municipal underwriting,” said John Tippit IV, president of TRB Divisions.