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TRB Capital markets

Our Story

Helping clients finance America’s infrastructure for over 30 years.

ABOUT US

Our Promise

One of the reasons clients, like you, choose TRB Capital Markets is because of the relationships we have both on Wall Street and in the local, state, and federal levels of government. Our company is known and respected in the public finance arena. The seat at the table we have earned in the municipal financing marketplace makes a difference when it comes to financing your project.

Another important distinction is our corporate culture.  We believe you should have access to the experts you need at every level of the Firm. Unlike many investment banking companies, all of our professionals have account responsibilities. That means you can count on responsive communications and a powerful range of resources at your disposal.

TRB Capital Markets

Our Founders

Estrada Hinojosa was founded in 1992 by two leaders in the industry: Robert Estrada, a former bond lawyer, and Noé Hinojosa, an experienced investment banker.  In August 2024, Texas State Bankshares, Inc., the registered bank holding company for Texas Regional Bank, completed its acquisition of Estrada Hinojosa & Company, Inc. 

In December 2025, Estrada Hinojosa and TRB Capital Markets announced an important brand transition tied to the firm’s continued growth and integration with Texas Regional Bank. As part of a continued effort to improve client experience, the firm’s trading, sales, and underwriting business lines will operate under the new name TRB Capital Markets.

The Estrada Hinojosa name, a respected brand for more than three decades, will remain in place exclusively for the firm’s Municipal Advisory practice. Maintaining the Estrada Hinojosa identity on the advisory side preserves the firm’s longstanding reputation and advisory relationships while allowing TRB Capital Markets to establish a distinct presence across underwriting and other market-facing business lines.

Registered Broker/Dealer

Estrada Hinojosa is fully registered as a Broker/Dealer with the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC). BCP DISCLOSURE STATEMENT (BCP). MSRB Rule G-10 (G-10).

Securities services offered through TRB Capital Markets LLC, member FINRA/SIPC.

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