Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc.

TCBX·NASDAQ

$37.51

-0.49%
Financial ServicesBanks - Regional

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, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.

At a Glance

Live Snapshot
Market Cap$519.12M
EPS4.4500
P/E Ratio8.43
Earnings Date04/21/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is compressed (P/E 8.4).

Valuation inputs: P/E 8.4, earnings yield +11.9%, momentum -0.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE 0.0%, ROIC 0.0%).

Profitability stack: net margin +18.7%, ROE 0.0%, ROIC 0.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +90.7%, momentum -0.5%, net margin +18.7%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

tcbx

Third Coast Bancshares, Inc. Market vs Earnings Trajectory

TCBX · NASDAQ

Loading price and EPS data...

Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc. Fair Value Envelope

TCBX · NASDAQ

Our analysis suggests that TCBX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $37.505, this represents a potential HIDDEN relative to our calculated worth for Third Coast Bancshares, Inc..

Intrinsic Value
Current Price: $37.505
3Y+248.0%
5Y+129.0%
10Y+1209.0%
3Y+121.0%
5Y+324.0%
10Y+604.0%
3Y+255.0%
5Y+447.0%
10Y+2684.0%
3Y+666.0%
5Y+880.0%
10Y+880.0%
3Y-3321.0%
5Y+5362.0%
10Y+5362.0%
3Y+98.0%
5Y+432.0%
10Y+432.0%
Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc. Profit Bridge

TCBX · NASDAQ
Revenue354.03M
Cost of Goods Sold (0.00)
Gross Profit0.00
Operating Expenses (2.14M)
Operating Income0.00
Interest Expense (158.81M)
Other Income/Expense0.00
Pretax Income82.75M
Income Tax (16.45M)
Net Income66.29M
Net Income
66.29M

Profitability Analysis

Gross Margin

0.0%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

0.0%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

18.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

19.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

0.00%
Gross Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Operating Profit Margin
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
18.72%
Net Profit Margin
33%
3Y+61.0%
5Y+29.0%
10Y+295.0%
0.00%
Return on Equity
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Assets
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
0.00%
Return on Invested Capital
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
TCBX

Third Coast Bancshares, Inc. Cash Conversion Engine

TCBX · NASDAQ
Net Income47.67M
Depreciation & Amortization4.62M
Stock-Based Compensation1.70M
Change in Working Capital-7.14M
Others-8.54M
Capital Expenditures-1.77M
Free Cash Flow33.37M

Cash Flow Quality Analysis

FCF Conversion Rate

70.0%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

5.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-6.4%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$7.14M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

tcbx

Third Coast Bancshares, Inc. Funding & Solvency Profile

TCBX · NASDAQ
Cash & Cash Equivalents175.20M
Net Receivables29.24M
Inventory0.00
Other Current Assets0.00
Total Current Assets588 M
Property, Plant & Equipment41.85M
Goodwill & Intangible Assets18.68M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets42 M
Total Assets
5.34B

Financial Health Analysis

Current Ratio

32.41x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

9.06x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

570 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

11% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

tcbx

Third Coast Bancshares, Inc. Street Expectations Map

TCBX · NASDAQ

Wall Street analysts project that TCBX stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 46.00, with estimates ranging from a low of 46.00 to a high of 46.00.

Lowest Target
46.00
22.65%
Consensus Target
46.00
22.65%
Highest Target
46.00
22.65%

The consensus 1-year price target stands at 46.00, with estimates ranging from a low of 46.00 to a high of 46.00.

Analyst Consensus Analysis

Upside Potential

+22.6%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

tcbx

Third Coast Bancshares, Inc. Insider Positioning

TCBX · NASDAQ

During the last 12 months, insiders have purchased $353K and sold $189K worth of TCBX shares, resulting in $163K of net buying activity.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

1.2K

47.54K

Sold

0

0.00

Net Activity

+48K

+$48K

6-9 Months

Bought

135

4.92K

Sold

2.1K

75.80K

Net Activity

-71K

-$71K

9-12 Months

Bought

9.6K

300.31K

Sold

3.0K

113.59K

Net Activity

+187K

+$187K

Top Buyers

1
BD

Bonnen Dennis

Director

8.3K shares1 transactions

$251K

2
BW

Bobbora William

Officer: See Remarks

2.5K shares2 transactions

$96K

3
EL

Eber Liz

Officer: See Remarks

135 shares1 transactions

$5K

Top Sellers

1
GTA

Glander Troy Andrew

Director

4.7K shares2 transactions

$177K

2
BW

Bobbora William

Officer: See Remarks

245 shares1 transactions

$9K

3
BWD

Brunson W. Donald

Director

100 shares1 transactions

$4K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $163K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.86:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Insider Participation

Balanced

3 insider buyers and 3 sellers. Equal participation suggests mixed or neutral insider views.

Insider Activity Insight

Broad-based insider buying: When multiple insiders independently decide to purchase shares, it often reflects genuine confidence rather than coordinated optics. This pattern deserves attention, especially if buying followed a price decline.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-
10Y-
 

tcbx Dividend History

TCBX
10Y CAGR +0%
Latest $16.88
Annual $34.13
Stable dividend payments
Last Period: 2%