Third Coast Bancshares, Inc. (TCBX)

Market Cap	468.51M
Revenue (ttm)	158.91M
Net Income (ttm)	38.88M
Shares Out	13.68M
EPS (ttm)	2.56
PE Ratio	13.35
Forward PE	12.40
Dividend	n/a
Ex-Dividend Date	n/a

Volume	95,253
Open	33.03
Previous Close	33.47
Day's Range	33.03 - 34.41
52-Week Range	18.00 - 37.65
Beta	0.68
Analysts	Buy
Price Target	25.50 (-25.55%)
Earnings Date	Jan 23, 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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Nov 9, 2021
• Employees: 365
• Stock Exchange: NASDAQ
• Ticker Symbol: TCBX
• Website: https://www.tcbssb.com

Financial Performance

In 2023, Third Coast Bancshares's revenue was $141.41 million, an increase of 26.85% compared to the previous year's $111.48 million. Earnings were $28.67 million, an increase of 66.26%.

Analyst Forecast

According to 4 analysts, the average rating for TCBX stock is "Buy." The 12-month stock price forecast is $25.5, which is a decrease of -25.55% from the latest price.

Price Target

$25.5

(-25.55% downside)

Analyst Consensus: Buy