Third Coast Bancshares Statistics
Total Valuation
TCBX has a market cap or net worth of $294.77 million. The enterprise value is -$57.36 million.
| Market Cap | 294.77M |
| Enterprise Value | -57.36M |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
TCBX has 13.65 million shares outstanding. The number of shares has increased by 0.20% in one year.
| Shares Outstanding | 13.65M |
| Shares Change (YoY) | +0.20% |
| Shares Change (QoQ) | +0.02% |
| Owned by Insiders (%) | 7.36% |
| Owned by Institutions (%) | 39.54% |
| Float | 12.69M |
Valuation Ratios
The trailing PE ratio is 10.60 and the forward PE ratio is 10.13.
| PE Ratio | 10.60 |
| Forward PE | 10.13 |
| PS Ratio | 2.01 |
| Forward PS | 1.74 |
| PB Ratio | 0.70 |
| P/FCF Ratio | 7.65 |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.34 |
| Debt / EBITDA | 3.47 |
| Debt / FCF | 3.79 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.30% and return on invested capital (ROIC) is 6.06%.
| Return on Equity (ROE) | 7.30% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 6.06% |
| Revenue Per Employee | $402,027 |
| Profits Per Employee | $81,614 |
| Employee Count | 365 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TCBX has paid $8.55 million in taxes.
| Income Tax | 8.55M |
| Effective Tax Rate | 22.29% |
Stock Price Statistics
The stock price has increased by +36.38% in the last 52 weeks. The beta is 0.65, so TCBX's price volatility has been lower than the market average.
| Beta (1Y) | 0.65 |
| 52-Week Price Change | +36.38% |
| 50-Day Moving Average | 19.80 |
| 200-Day Moving Average | 18.77 |
| Relative Strength Index (RSI) | 66.41 |
| Average Volume (30 Days) | 31,687 |
Short Selling Information
The latest short interest is 98,801, so 0.72% of the outstanding shares have been sold short.
| Short Interest | 98,801 |
| Short Previous Month | 52,871 |
| Short % of Shares Out | 0.72% |
| Short % of Float | 0.78% |
| Short Ratio (days to cover) | 3.92 |
Income Statement
In the last 12 months, TCBX had revenue of $146.74 million and earned $29.79 million in profits. Earnings per share was $2.03.
| Revenue | 146.74M |
| Gross Profit | 146.74M |
| Operating Income | 43.07M |
| Pretax Income | 43.07M |
| Net Income | 29.79M |
| EBITDA | 42.10M |
| EBIT | 43.07M |
| Earnings Per Share (EPS) | $2.03 |
Balance Sheet
The company has $498.26 million in cash and $146.13 million in debt, giving a net cash position of $352.13 million or $25.79 per share.
| Cash & Cash Equivalents | 498.26M |
| Total Debt | 146.13M |
| Net Cash | 352.13M |
| Net Cash Per Share | $25.79 |
| Equity / Book Value | 423.62M |
| Book Value Per Share | 31.03 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $40.52 million and capital expenditures -$1.98 million, giving a free cash flow of $38.55 million.
| Operating Cash Flow | 40.52M |
| Capital Expenditures | -1.98M |
| Free Cash Flow | 38.55M |
| FCF Per Share | $2.83 |
Margins
Gross margin is 100.00%, with operating and profit margins of 29.35% and 20.30%.
| Gross Margin | 100.00% |
| Operating Margin | 29.35% |
| Pretax Margin | 29.35% |
| Profit Margin | 20.30% |
| EBITDA Margin | 28.69% |
| EBIT Margin | 29.35% |
| FCF Margin | 26.27% |
Dividends & Yields
TCBX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.20% |
| Shareholder Yield | -0.20% |
| Earnings Yield | 10.11% |
| FCF Yield | 13.08% |
Analyst Forecast
The average price target for TCBX is $22.75, which is 5.72% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.75 |
| Price Target Difference | 5.72% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |