Third Coast Bancshares, Inc. (TCBX)
| Market Cap | 415.00M |
| Revenue (ttm) | 172.27M |
| Net Income (ttm) | 46.14M |
| Shares Out | 13.83M |
| EPS (ttm) | 2.95 |
| PE Ratio | 10.19 |
| Forward PE | 9.85 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 49,383 |
| Open | 30.00 |
| Previous Close | 30.04 |
| Day's Range | 30.00 - 30.00 |
| 52-Week Range | 18.82 - 39.45 |
| Beta | 0.73 |
| Analysts | Hold |
| Price Target | 33.67 (+12.23%) |
| Earnings Date | Jul 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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for TCBX stock is "Hold." The 12-month stock price forecast is $33.67, which is an increase of 12.23% from the latest price.
News
Third Coast Bancshares Authorizes New $30M Repurchase Program
Third Coast Bancshares said its board authorized a new share repurchase program of up to $30 million of the company's common stock.
Third Coast Bancshares, Inc. Announces 2025 Share Repurchase Program
HOUSTON , June 17, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), today announced that its Board of Directors has authorized a n...
Third Coast Bank Announces $150 Million Securitization of Commercial Real Estate Loans in a Transaction Sponsored by EJF Capital LLC
HOUSTON , June 4, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we"...
EJF Capital Closes Securitization of a $150 Million Commercial Real Estate Loan Originated by Third Coast Bank
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital”), a global alternative asset management firm with approximately $5.3 billion of assets under management, today announced that it has com...
Third Coast Bancshares: Still Bullish Despite Its Recent Plunge
Third Coast Bancshares remains a 'buy' due to its attractive pricing, high asset quality, and growth in key Texas markets despite a 17% stock pullback. The company shows robust financial health with r...
Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q1 2025
Dallas, Texas--(Newsfile Corp. - April 25, 2025) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 1Q25, Third Coast ...
Third Coast Bancshares, Inc. (TCBX) Q1 2025 Earnings Call Transcript
Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & Chief Executive O...
Third Coast Bancshares, Inc. Reports 2025 First Quarter Financial Results
Year-over-Year Net Income Improved 31% and Diluted EPS increased 28% Net Interest Margin Expands to 3.80% and Book Value Per Share Increases HOUSTON , April 23, 2025 /PRNewswire/ -- Third Coast Bancsh...
Third Coast Bancshares, Inc. Announces 2025 First Quarter Earnings Release and Conference Call Schedule
HOUSTON , April 16, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2025 first quart...
EJF Capital Closes Securitization of a $100 Million Commercial Real Estate Loan Originated by Third Coast Bank
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital”), a global alternative asset management firm with approximately $5.4 billion of assets under management, today announced that it has com...
Third Coast Bank Announces Securitization of $200 Million Commercial Real Estate Loan in a Transaction Sponsored by EJF Capital LLC
HOUSTON , April 7, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we...
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...
Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects
Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects
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...
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 ...
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...
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...
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,...
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...
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...
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 ...
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...
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...
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...
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...