Third Coast Bancshares, Inc. (TCBX)

Market Cap	265.47M
Revenue (ttm)	141.41M
Net Income (ttm)	28.67M
Shares Out	13.61M
EPS (ttm)	1.98
PE Ratio	9.90
Forward PE	9.58
Dividend	n/a
Ex-Dividend Date	n/a

Volume	22,419
Open	19.81
Previous Close	19.73
Day's Range	19.33 - 19.91
52-Week Range	12.31 - 21.50
Beta	0.65
Analysts	Buy
Price Target	22.75 (+16.61%)
Earnings Date	Apr 24, 2024

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

Financial Performance

In 2023, TCBX'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 $22.75, which is an increase of 16.61% from the latest price.

Price Target

$22.75

(16.61% upside)

Analyst Consensus: Buy