Third Coast Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	206.07	195.22	160.76	139.53	116.45	90.55
Net Interest Income Growth	24.53%	21.44%	15.22%	19.81%	28.60%	33.40%
Non-Interest Income	14.58	13.65	10.62	8.21	7.22	4.88
Non-Interest Income Growth	25.90%	28.55%	29.45%	13.59%	48.07%	81.88%
Revenues Before Loan Losses	220.64	208.87	171.38	147.73	123.68	95.43
Provision for Credit Losses	7.72	7.59	5.7	6.32	12.2	9.92
Revenue	212.93	201.28	165.68	141.41	111.48	85.51
Revenue Growth (YoY)	23.46%	21.49%	17.16%	26.85%	30.37%	35.70%
Compensation Expenses	83.66	77.19	65.12	62.22	56.51	48.64
Selling, General & Admin	33.58	30.62	29.15	29.32	22.88	17.06
Other Non-Interest Expenses	11.3	10.73	10.06	8.27	8.92	5.33
Total Non-Interest Expense	128.53	118.54	104.33	99.8	88.31	71.03
Pretax Income	84.39	82.75	61.35	41.61	23.17	14.48
Provision for Income Taxes	15.32	16.45	13.68	8.21	4.51	3.06
Net Income	64.32	61.54	42.92	28.67	17.24	11.42
Net Income Attributable to Preferred Dividends	4.75	4.75	4.75	4.74	1.42	-
Net Income to Common	64.32	61.54	42.92	28.67	17.24	11.42
Net Income Growth	39.39%	43.38%	49.74%	66.26%	50.92%	-5.70%
Shares Outstanding (Basic)	14	14	14	14	13	8
Shares Outstanding (Diluted)	18	17	17	17	14	8
Shares Change (YoY)	2.88%	2.00%	1.52%	22.71%	69.00%	28.58%
EPS (Basic)	4.58	4.45	3.14	2.11	1.28	1.45
EPS (Diluted)	3.89	3.79	2.78	1.98	1.25	1.40
EPS Growth	32.31%	36.33%	40.40%	58.40%	-10.71%	-26.70%
Shares Outstanding	16.56	13.89	13.77	13.6	13.53	13.35
Free Cash Flow	-14.65	48.16	33.37	35.64	9.6	-1.04
Free Cash Flow Growth	-	44.31%	-6.36%	271.15%	-	-
Free Cash Flow Per Share	-0.83	2.76	1.95	2.11	0.70	-0.13
Profit Margin	32.44%	32.93%	28.77%	23.62%	16.74%	13.36%
FCF Margin	-6.88%	23.92%	20.14%	25.20%	8.61%	-1.21%
EBITDA	5.13	4.75	4.62	3.95	2.56	-0.27
EBITDA Margin	2.41%	2.36%	2.79%	2.79%	2.29%	-0.32%
Effective Tax Rate	18.16%	19.89%	22.30%	19.73%	19.46%	21.12%

SEC Filings: 10-K · 10-Q