Third Coast Bancshares, Inc. (TCBX)

Third Coast Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	160.76	139.53	116.45	90.55	67.88
Net Interest Income Growth	15.22%	19.81%	28.60%	33.40%	-
Non-Interest Income	10.62	8.21	7.22	4.88	2.68
Non-Interest Income Growth	29.45%	13.59%	48.07%	81.88%	-
Revenues Before Loan Losses	171.38	147.73	123.68	95.43	70.56
Provision for Credit Losses	5.7	6.32	12.2	9.92	7.55
Revenue	165.68	141.41	111.48	85.51	63.01
Revenue Growth (YoY)	17.16%	26.85%	30.37%	35.70%	-
Compensation Expenses	65.12	62.22	56.51	48.64	29.26
Selling, General & Admin	29.15	29.32	22.88	17.06	13.62
Other Non-Interest Expenses	10.06	8.27	8.92	5.33	4.52
Total Non-Interest Expense	104.33	99.8	88.31	71.03	47.4
Pretax Income	61.35	41.61	23.17	14.48	15.61
Provision for Income Taxes	13.68	8.21	4.51	3.06	3.5
Net Income	42.92	28.67	17.24	11.42	12.12
Net Income Attributable to Preferred Dividends	4.75	4.74	1.42	-	-
Net Income to Common	42.92	28.67	17.24	11.42	12.12
Net Income Growth	49.74%	66.26%	50.92%	-5.70%	-
Shares Outstanding (Basic)	14	14	13	8	6
Shares Outstanding (Diluted)	17	17	14	8	6
Shares Change (YoY)	1.52%	22.71%	69.00%	28.58%	-
EPS (Basic)	3.14	2.11	1.28	1.45	1.94
EPS (Diluted)	2.78	1.98	1.25	1.40	1.91
EPS Growth	40.40%	58.40%	-10.71%	-26.70%	-
Free Cash Flow	5.7	35.64	9.6	-1.04	-5.01
Free Cash Flow Growth	-84.00%	271.15%	-	-	-
Free Cash Flow Per Share	0.33	2.11	0.70	-0.13	-0.79
Profit Margin	28.77%	23.62%	16.74%	13.36%	19.23%
FCF Margin	3.44%	25.20%	8.61%	-1.21%	-7.95%
EBITDA	0	-0.47	-0.48	-0.27	0
EBITDA Margin	0.00%	-0.33%	-0.43%	-0.32%	0.00%
Effective Tax Rate	22.30%	19.73%	19.46%	21.12%	22.39%

Updated May 6, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q