Third Coast Bancshares, Inc. (TCBX)

NASDAQ: TCBX · Real-Time Price · USD
33.19
-0.92 (-2.70%)
At close: Mar 28, 2025, 4:00 PM
33.13
-0.06 (-0.18%)
After-hours: Mar 28, 2025, 5:04 PM EDT
-2.70%
Market Cap 457.66M
Revenue (ttm) 165.68M
Net Income (ttm) 42.92M
Shares Out 13.79M
EPS (ttm) 2.78
PE Ratio 11.93
Forward PE 10.71
Dividend n/a
Ex-Dividend Date n/a
Volume 45,000
Open 33.75
Previous Close 34.11
Day's Range 33.09 - 33.84
52-Week Range 18.00 - 39.45
Beta 0.70
Analysts Buy
Price Target 37.25 (+12.23%)
Earnings Date Apr 23, 2025

About TCBX

Third Coast Bancshares, Inc. operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in the United States. The company’s deposit products include checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan portfolio consists of commercial and residential real estate loans; construction, development and other loans; commercial and industrial loans; and farmland, consumer, and agricultur... [Read more]

Sector Financials
IPO Date Nov 9, 2021
Employees 369
Stock Exchange NASDAQ
Ticker Symbol TCBX
Full Company Profile

Financial Performance

In 2024, Third Coast Bancshares's revenue was $165.68 million, an increase of 17.16% compared to the previous year's $141.41 million. Earnings were $42.92 million, an increase of 49.74%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TCBX stock is "Buy." The 12-month stock price forecast is $37.25, which is an increase of 12.23% from the latest price.

Price Target
$37.25
(12.23% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock

HOUSTON , March 20, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash...

8 days ago - PRNewsWire

Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects

Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects

4 weeks ago - Seeking Alpha

Third Coast Bancshares: Rapid Growth Prospects Makes This An Interesting Play

Third Coast Bancshares has shown rapid growth in deposits and loans, with significant expansion in key Texas markets like Houston, Austin, and Dallas Fort Worth. Despite a high valuation, its strong a...

7 weeks ago - Seeking Alpha

Top 10 Small-Cap Stocks Amid Market Turbulence

Small-cap stocks are trading at historically low valuations, with the S&P 600 index TTM at a 15.33 discount compared to the 30.16 for large-cap S&P 500. While large-cap stocks outperformed small-caps ...

7 weeks ago - Seeking Alpha

Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q4 2024

Dallas, Texas--(Newsfile Corp. - January 27, 2025) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 4Q24, Third Coas...

2 months ago - Newsfile Corp

Third Coast Bancshares, Inc. (TCBX) Q4 2024 Earnings Call Transcript

Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & CEO John McWho...

2 months ago - Seeking Alpha

Third Coast Bancshares, Inc. Reports 2024 Fourth Quarter and Full Year Financial Results

Year Over Year Book Value grew 12.8% and Tangible Book Value(1) grew 13.6% HOUSTON , Jan. 22, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us,...

2 months ago - PRNewsWire

Third Coast Bancshares, Inc. Announces 2024 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

HOUSTON , Jan. 8, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 fourth quarte...

2 months ago - PRNewsWire

Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued

A majority of deposits but only a minority of loans will re-price in the short term. Hence, rate cuts can boost the margin. I haven't incorporated tariffs in my outlook. Texas' economic activity is qu...

4 months ago - Seeking Alpha

Third Coast Bancshares, Inc. (TCBX) Q3 2024 Earnings Call Transcript

Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Natalie Hairston - Investor Relations Bart Caraway - Chairman, President ...

5 months ago - Seeking Alpha

THIRD COAST BANCSHARES, INC. REPORTS 2024 THIRD QUARTER FINANCIAL RESULTS

Record Basic EPS of $0.85 and Diluted EPS of $0.74 HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank ho...

5 months ago - PRNewsWire

Third Coast Bancshares, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Schedule

HOUSTON , Oct. 2, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 third quarter...

6 months ago - PRNewsWire

Third Coast Bank's $60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion

HOUSTON , Sept. 16, 2024 /PRNewswire/ -- Third Coast Bank (the "Bank," "Third Coast," "we," "us," or "our"), a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to ann...

6 months ago - PRNewsWire

Third Coast Celebrates its 1,000th day as a Nasdaq listed company by Ringing the Nasdaq Closing Bell

Completed successful IPO on November 12, 2021 Expanded community banking offices from 11 in 2021 to 18 today HOUSTON , Aug. 6, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Co...

8 months ago - PRNewsWire

Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q2 2024

Dallas, Texas--(Newsfile Corp. - July 26, 2024) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. (NASDAQ: TCBX). To view...

8 months ago - Newsfile Corp

THIRD COAST BANCSHARES, INC. REPORTS 2024 SECOND QUARTER FINANCIAL RESULTS

Record EPS of $0.70 and Diluted EPS of $0.63 in Latest Quarterly Results HOUSTON , July 24, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," ...

8 months ago - PRNewsWire

Third Coast Bancshares, Inc. Announces 2024 Second Quarter Earnings Release and Conference Call Schedule

HOUSTON , July 11, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 second quart...

9 months ago - PRNewsWire

Stonegate Initiates Coverage on Third Coast Bancshares, Inc. (TCBX)

Dallas, Texas--(Newsfile Corp. - June 13, 2024) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners initiates their coverage on Third Coast Bancshares, Inc. (NASDAQ: TCBX). To vi...

10 months ago - Newsfile Corp

Third Coast Bancshares, Inc. Celebrates Earth Month 2024, Reinforcing its Commitment to Impact & Sustainability

Highlighting its Month-Long, Companywide Sustainable Habits Initiative Since 2022, over 1,075 trees have been planted in recognition of Third Coast employees. HOUSTON , April 29, 2024 /PRNewswire/ -- ...

11 months ago - PRNewsWire

Third Coast Bancshares, Inc. (TCBX) Q1 2024 Earnings Call Transcript

Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q1 2024 Results Conference Call April 25, 2024 11:00 AM ET Company Participants Natalie Hairsto - IR Bart Caraway - Chairman, President & CEO John McWhorter...

1 year ago - Seeking Alpha

Third Coast Bancshares, Inc. Reports 2024 First Quarter Financial Results

Continued Growth Results in Record EPS of $0.68 and Diluted EPS of $0.61 HOUSTON , April 24, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us,"...

1 year ago - PRNewsWire

Third Coast Bancshares, Inc. Announces 2024 First Quarter Earnings Release and Conference Call Schedule

HOUSTON , April 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 first quarte...

1 year ago - PRNewsWire

Third Coast Announces Conversion to State-Chartered Bank

Third Coast converts to a Texas Banking Association HOUSTON , March 14, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," or "our"), the holding company o...

1 year ago - PRNewsWire

Third Coast Announces Organizational Changes to Drive Future Growth

Alexander named Chief Risk and Operations Officer Eber named Chief Legal Officer HOUSTON , March 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," or "...

1 year ago - PRNewsWire

Third Coast Bancshares, Inc. (TCBX) Q4 2023 Earnings Call Transcript

Third Coast Bancshares, Inc. (TCBX) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha