Third Coast Bancshares Statistics
Total Valuation
TCBX has a market cap or net worth of $270.78 million. The enterprise value is $644,429.
| Market Cap | 270.78M |
| Enterprise Value | 644,429 |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
TCBX has 13.61 million shares outstanding. The number of shares has increased by 0.54% in one year.
| Shares Outstanding | 13.61M |
| Shares Change (YoY) | +0.54% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 7.11% |
| Owned by Institutions (%) | 36.83% |
| Float | 12.57M |
Valuation Ratios
The trailing PE ratio is 10.05 and the forward PE ratio is 9.73.
| PE Ratio | 10.05 |
| Forward PE | 9.73 |
| PS Ratio | 1.91 |
| Forward PS | 1.64 |
| PB Ratio | 0.66 |
| P/FCF Ratio | 7.60 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 0.02, with an EV/FCF ratio of 0.02.
| EV / Earnings | 0.02 |
| EV / Sales | 0.00 |
| EV / EBITDA | 0.02 |
| EV / EBIT | 0.02 |
| EV / FCF | 0.02 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.34 |
| Debt / EBITDA | 3.44 |
| Debt / FCF | 3.98 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.20% and return on invested capital (ROIC) is 6.03%.
| Return on Equity (ROE) | 7.20% |
| Return on Assets (ROA) | 0.70% |
| Return on Capital (ROIC) | 6.03% |
| Revenue Per Employee | $387,425 |
| Profits Per Employee | $78,534 |
| Employee Count | 365 |
| Asset Turnover | 0.03 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, TCBX has paid $8.21 million in taxes.
| Income Tax | 8.21M |
| Effective Tax Rate | 22.27% |
Stock Price Statistics
The stock price has increased by +53.79% in the last 52 weeks. The beta is 0.65, so TCBX's price volatility has been lower than the market average.
| Beta (1Y) | 0.65 |
| 52-Week Price Change | +53.79% |
| 50-Day Moving Average | 19.32 |
| 200-Day Moving Average | 18.60 |
| Relative Strength Index (RSI) | 60.11 |
| Average Volume (30 Days) | 33,480 |
Short Selling Information
The latest short interest is 52,871, so 0.39% of the outstanding shares have been sold short.
| Short Interest | 52,871 |
| Short Previous Month | 41,754 |
| Short % of Shares Out | 0.39% |
| Short % of Float | 0.42% |
| Short Ratio (days to cover) | 1.83 |
Income Statement
In the last 12 months, TCBX had revenue of $141.41 million and earned $28.67 million in profits. Earnings per share was $1.98.
| Revenue | 141.41M |
| Gross Profit | 141.41M |
| Operating Income | 41.61M |
| Pretax Income | 41.61M |
| Net Income | 28.67M |
| EBITDA | 41.15M |
| EBIT | 41.61M |
| Earnings Per Share (EPS) | $1.98 |
Balance Sheet
The company has $411.85 million in cash and $141.71 million in debt, giving a net cash position of $270.14 million or $19.85 per share.
| Cash & Cash Equivalents | 411.85M |
| Total Debt | 141.71M |
| Net Cash | 270.14M |
| Net Cash Per Share | $19.85 |
| Equity / Book Value | 411.97M |
| Book Value Per Share | 30.28 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $39.08 million and capital expenditures -$3.44 million, giving a free cash flow of $35.64 million.
| Operating Cash Flow | 39.08M |
| Capital Expenditures | -3.44M |
| Free Cash Flow | 35.64M |
| FCF Per Share | $2.62 |
Margins
Gross margin is 100.00%, with operating and profit margins of 29.43% and 20.27%.
| Gross Margin | 100.00% |
| Operating Margin | 29.43% |
| Pretax Margin | 29.43% |
| Profit Margin | 20.27% |
| EBITDA Margin | 29.10% |
| EBIT Margin | 29.43% |
| FCF Margin | 25.20% |
Dividends & Yields
TCBX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.54% |
| Shareholder Yield | -0.54% |
| Earnings Yield | 10.59% |
| FCF Yield | 13.16% |
Analyst Forecast
The average price target for TCBX is $22.75, which is 14.32% higher than the current price. The consensus rating is "Buy".
| Price Target | $22.75 |
| Price Target Difference | 14.32% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |