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
Third Coast Bancshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 |
| Interest Income on Loans | 295.26 | 248.91 | 146.43 | 98.89 | 80.79 | Upgrade
|
| Interest Income on Investments | 33.1 | 17.63 | 7.52 | 1.73 | 1.45 | Upgrade
|
| Total Interest Income | 328.36 | 266.54 | 153.95 | 100.62 | 82.24 | Upgrade
|
| Interest Paid on Deposits | 159.75 | 115.04 | 30.7 | 8.53 | 12.3 | Upgrade
|
| Interest Paid on Borrowings | 7.85 | 11.98 | 6.8 | 1.54 | 2.06 | Upgrade
|
| Total Interest Expense | 167.6 | 127.02 | 37.49 | 10.06 | 14.36 | Upgrade
|
| Net Interest Income | 160.76 | 139.53 | 116.45 | 90.55 | 67.88 | Upgrade
|
| Net Interest Income Growth (YoY) | 15.22% | 19.81% | 28.60% | 33.40% | 99.94% | Upgrade
|
| Gain (Loss) on Sale of Investments | -0 | 0.48 | - | - | - | Upgrade
|
| Other Non-Interest Income | 10.6 | 7.28 | 6.27 | 4.29 | 2.42 | Upgrade
|
| Total Non-Interest Income | 10.62 | 8.21 | 7.22 | 4.88 | 2.68 | Upgrade
|
| Non-Interest Income Growth (YoY) | 29.45% | 13.60% | 48.07% | 81.88% | 120.38% | Upgrade
|
| Revenues Before Loan Losses | 171.38 | 147.73 | 123.68 | 95.43 | 70.56 | Upgrade
|
| Provision for Loan Losses | 5.7 | 6.32 | 12.2 | 9.92 | 7.55 | Upgrade
|
| Revenue | 165.68 | 141.41 | 111.48 | 85.51 | 63.01 | Upgrade
|
| Revenue Growth (YoY) | 17.16% | 26.85% | 30.37% | 35.70% | 87.86% | Upgrade
|
| Salaries and Employee Benefits | 65.12 | 59.09 | 53.84 | 47.05 | 28.99 | Upgrade
|
| Occupancy Expenses | 12.71 | 6.86 | 5.12 | 3.76 | 2.97 | Upgrade
|
| Selling, General & Administrative | 13.18 | 23.21 | 19.43 | 14.04 | 10.51 | Upgrade
|
| Other Non-Interest Expense | 12.42 | 9.97 | 8.59 | 3.87 | 3.57 | Upgrade
|
| Total Non-Interest Expense | 104.33 | 99.8 | 88.31 | 71.03 | 47.4 | Upgrade
|
| EBT Excluding Unusual Items | 61.35 | 41.61 | 23.17 | 14.48 | 15.61 | Upgrade
|
| Pretax Income | 61.35 | 41.61 | 23.17 | 14.48 | 15.61 | Upgrade
|
| Income Tax Expense | 13.68 | 8.21 | 4.51 | 3.06 | 3.5 | Upgrade
|
| Net Income | 47.67 | 33.4 | 18.66 | 11.42 | 12.12 | Upgrade
|
| Preferred Dividends & Other Adjustments | 4.75 | 4.74 | 1.42 | - | - | Upgrade
|
| Net Income to Common | 42.92 | 28.67 | 17.24 | 11.42 | 12.12 | Upgrade
|
| Net Income Growth | 42.72% | 79.01% | 63.33% | -5.70% | 408.82% | Upgrade
|
| Basic Shares Outstanding | 14 | 14 | 13 | 8 | 6 | Upgrade
|
| Diluted Shares Outstanding | 17 | 17 | 14 | 8 | 6 | Upgrade
|
| Shares Change (YoY) | 1.52% | 22.71% | 69.00% | 28.58% | 60.68% | Upgrade
|
| EPS (Basic) | 3.14 | 2.11 | 1.28 | 1.45 | 1.94 | Upgrade
|
| EPS (Diluted) | 2.78 | 1.98 | 1.25 | 1.40 | 1.91 | Upgrade
|
| EPS Growth | 40.59% | 58.32% | -10.71% | -26.70% | 218.33% | Upgrade
|
| Effective Tax Rate | 22.30% | 19.73% | 19.46% | 21.12% | 22.39% | Upgrade
|
Source: S&P Capital IQ. Banks template. Financial Sources.