Third Coast Bancshares, Inc. (TCBX)

NASDAQ: TCBX · Real-Time Price · USD
35.51
-1.36 (-3.69%)
At close: Feb 21, 2025, 4:00 PM
35.72
+0.21 (0.59%)
After-hours: Feb 21, 2025, 4:06 PM EST
-3.69%
Market Cap 488.96M
Revenue (ttm) 165.68M
Net Income (ttm) 42.92M
Shares Out 13.77M
EPS (ttm) 2.78
PE Ratio 12.76
Forward PE 11.45
Dividend n/a
Ex-Dividend Date n/a
Volume 86,531
Open 37.23
Previous Close 36.87
Day's Range 35.47 - 37.23
52-Week Range 18.00 - 39.06
Beta 0.70
Analysts Buy
Price Target 37.25 (+4.9%)
Earnings Date Jan 22, 2025

About TCBX

Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company’s deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, commercial and residential real estate, and construction, d... [Read more]

Sector Financials
IPO Date Nov 9, 2021
Employees 365
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 4.90% from the latest price.

Price Target
$37.25
(4.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

15 days 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 ...

17 days 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...

26 days 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...

4 weeks 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,...

4 weeks 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...

6 weeks ago - PRNewsWire

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

HOUSTON , Dec. 19, 2024 /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 ...

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...

3 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 ...

4 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...

4 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...

5 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...

5 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...

7 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...

7 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," ...

7 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...

8 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...

9 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/ -- ...

10 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...

10 months 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,"...

10 months 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...

11 months 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

THIRD COAST BANCSHARES, INC. REPORTS RECORD 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

Year over Year Book Value grew 9.0% and Tangible Book Value (1)  grew 9.7% HOUSTON , Jan. 25, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us,...

1 year ago - PRNewsWire