Third Coast Bancshares Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	43.63	33.4	18.66	11.42	12.12
Depreciation & Amortization	-	-0.47	-0.48	-0.27	-
Provision for Credit Losses	5.65	6.32	12.2	9.92	7.55
Stock-Based Compensation	1.73	1.63	1.28	0.66	0.28
Net Change in Loans Held-for-Sale	-	-	-	2.35	3.49
Other Adjustments	-8.55	-7.81	-5.06	-20.58	-12.04
Changes in Accrued Interest and Accounts Receivable	-5.73	-4.39	-12.71	0.75	-9.7
Changes in Accounts Payable	20.85	9.58	7.55	0.34	-0.34
Changes in Other Operating Activities	1.52	0.81	0.35	-	-
Operating Cash Flow	56.29	39.08	21.79	4.58	-3.65
Operating Cash Flow Growth	103.07%	79.32%	375.37%	-	-
Net Change in Short-Term Interbank Lending and Reverse Repurchase Agreements	-	-	0.13	-0	-
Net Change in Loans Held-for-Investment	-325.55	-527.6	-1,034	-493.6	-482.41
Net Change in Securities and Investments	-89.23	-0.51	-164.96	-3.13	-22.18
Payments for Business Acquisitions	-	-	-	-	16.11
Capital Expenditures	-1.59	-3.44	-12.19	-5.62	-1.35
Sale of Property, Plant & Equipment	-	-	1.33	-	0.06
Other Investing Activities	-	2.01	-29.9	2.29	-10.23
Investing Cash Flow	-411.32	-529.54	-1,240	-500.06	-500.01
Net Change in Deposits	347.62	567	1,095	507.73	566.77
Short-Term Debt Issued	-4	8	29.88	-19.88	-1.5
Net Short-Term Debt Issued (Repaid)	-4	8	29.88	-19.88	-1.5
Long-Term Debt Issued	-	-	30.19	-33	45
Net Long-Term Debt Issued (Repaid)	-	-	30.19	-33	45
Issuance of Common Stock	-	0.05	1.53	164.21	0.92
Repurchase of Common Stock	-	-0.02	-	-0.12	-0.04
Net Common Stock Issued (Repurchased)	-	0.03	1.53	164.09	0.88
Issuance of Preferred Stock	-	-	66.23	-	-
Net Preferred Stock Issued (Repurchased)	-	-	66.23	-	-
Preferred Share Dividends Paid	-4.74	-4.74	-0.22	-	-
Financing Cash Flow	338.95	570.29	1,223	618.94	611.16
Net Cash Flow	-16.07	79.83	4.99	123.47	107.5
Beginning Cash & Cash Equivalents	286.53	332.01	327.03	203.56	96.07
Ending Cash & Cash Equivalents	270.46	411.85	332.01	327.03	203.56
Free Cash Flow	54.7	35.64	9.6	-1.04	-5.01
Free Cash Flow Growth	53.49%	271.15%	-	-	-
FCF Margin	34.52%	25.20%	8.61%	-1.21%	-7.95%
Free Cash Flow Per Share	3.22	2.11	0.70	-0.13	-0.79
Levered Free Cash Flow	49.92	38.77	59.83	-46.26	44.23
Unlevered Free Cash Flow	15.04	2.1	-17.48	-4.8	-11.39

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

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