Financial Services -
Banks - Regional - NASDAQ - US
$ 33.1
1.04 %
$ 453 M
Market Cap
12.93
P/E
1. INTRINSIC VALUE
Balance Sheet
Third Coast Bancshares, Inc.
| Current Assets | 435 M |
| Cash & Short-Term Investments | 412 M |
| Receivables | 23.1 M |
| Other Current Assets | 0 |
| Non-Current Assets | 3.96 B |
| Long-Term Investments | 178 M |
| PP&E | 50 M |
| Other Non-Current Assets | 3.74 B |
| Current Liabilities | 0 |
| Accounts Payable | 4.79 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -4.79 M |
| Non-Current Liabilities | 3.98 B |
| Long-Term Debt | 142 M |
| Other Non-Current Liabilities | 3.84 B |
EFFICIENCY
Earnings Waterfall
Third Coast Bancshares, Inc.
| Revenue | 141 M |
| Cost Of Revenue | 0 |
| Gross Profit | 141 M |
| Operating Expenses | 89.2 M |
| Operating Income | 0 |
| Other Expenses | -33.4 M |
| Net Income | 33.4 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Third Coast Bancshares, Inc.
| Net Income | 33.4 M |
| Depreciation & Amortization | -465 K |
| Capital Expenditures | -3.44 M |
| Stock-Based Compensation | 1.63 M |
| Change in Working Capital | 5.19 M |
| Others | 7.4 M |
| Free Cash Flow | 35.6 M |
Wall Street Analysts Price Targets
Third Coast Bancshares, Inc.
Wall Street analysts predict an average 1-year price target for TCBX of $26 , with forecasts ranging from
a
low of
$26 to a high of $26 .
TCBX Lowest Price Target
Wall Street Target
26 USD
-21.45%
TCBX Average Price Target
Wall Street Target
26 USD
-21.45%
TCBX Highest Price Target
Wall Street Target
26 USD
-21.45%
4. DIVIDEND
ANALYSIS
0.32%
DIVIDEND YIELD
16.9 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Third Coast Bancshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
51.2 K USD 1
0-3 MONTHS
52.5 K USD 1
3-6 MONTHS
158 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 month ago
Dec 05, 2024
|
Bought
51.2 K USD
|
Bobbora William
See Remarks
|
+ 1450
|
35.33 USD |
|
5 months ago
Aug 05, 2024
|
Bought
52.5 K USD
|
Bobbora William
See Remarks
|
+ 2500
|
21 USD |
|
7 months ago
Jun 05, 2024
|
Bought
30.3 K USD
|
Bobbora William
See Remarks
|
+ 1500
|
20.18 USD |
|
8 months ago
May 21, 2024
|
Bought
53.3 K USD
|
Bobbora William
See Remarks
|
+ 2484
|
21.44 USD |
|
8 months ago
May 21, 2024
|
Bought
42.2 K USD
|
Bobbora William
See Remarks
|
+ 2000
|
21.11 USD |
|
8 months ago
May 16, 2024
|
Bought
32 K USD
|
Bobbora William
See Remarks
|
+ 1500
|
21.32 USD |
|
1 year ago
Nov 15, 2023
|
Bought
26.4 K USD
|
Duncan Audrey
See Remarks
|
+ 1500
|
17.63 USD |
|
1 year ago
Oct 30, 2023
|
Bought
30.8 K USD
|
Bobbora William
See Remarks
|
+ 2000
|
15.39 USD |
|
1 year ago
Aug 17, 2023
|
Bought
20 K USD
|
Bobbora William
See Remarks
|
+ 1000
|
20.02 USD |
|
1 year ago
May 30, 2023
|
Bought
10.7 K USD
|
Alexander Vicki
See Remarks
|
+ 650
|
16.52 USD |
|
1 year ago
May 10, 2023
|
Bought
87.7 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 5909
|
14.843 USD |
|
1 year ago
May 09, 2023
|
Bought
67.5 K USD
|
Bonnen Dennis
Director
|
+ 5000
|
13.5 USD |
|
1 year ago
May 09, 2023
|
Bought
172 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 11999
|
14.31 USD |
|
1 year ago
May 08, 2023
|
Bought
117 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 8087
|
14.45 USD |
|
1 year ago
May 08, 2023
|
Bought
28.2 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 2039
|
13.827 USD |
|
1 year ago
May 08, 2023
|
Bought
28.5 K USD
|
Duncan Audrey
See Remarks
|
+ 2000
|
14.23 USD |
|
1 year ago
May 05, 2023
|
Bought
28.5 K USD
|
Bobbora William
See Remarks
|
+ 2100
|
13.55 USD |
|
1 year ago
May 05, 2023
|
Bought
14 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 1009
|
13.8409 USD |
|
1 year ago
May 04, 2023
|
Bought
54.3 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 4295
|
12.6426 USD |
|
1 year ago
May 01, 2023
|
Bought
5.43 K USD
|
Deckert Michael
See Remarks
|
+ 390
|
13.9213 USD |
|
1 year ago
May 01, 2023
|
Bought
4.36 K USD
|
Deckert Michael
See Remarks
|
+ 300
|
14.53 USD |
|
1 year ago
May 01, 2023
|
Bought
1.04 K USD
|
Deckert Michael
See Remarks
|
+ 75
|
13.8 USD |
|
1 year ago
May 01, 2023
|
Bought
665 USD
|
Deckert Michael
See Remarks
|
+ 48
|
13.85 USD |
|
1 year ago
Mar 10, 2023
|
Bought
14.5 K USD
|
Bobbora William
See Remarks
|
+ 900
|
16.16 USD |
|
1 year ago
Mar 09, 2023
|
Bought
16.4 K USD
|
Bobbora William
See Remarks
|
+ 1000
|
16.45 USD |
|
1 year ago
Mar 08, 2023
|
Bought
17.9 K USD
|
Bobbora William
See Remarks
|
+ 1000
|
17.92 USD |
|
2 years ago
Sep 30, 2022
|
Bought
1 M USD
|
MCWHORTER RICHARD J
CHIEF FINANCIAL OFFICER
|
+ 1000
|
1000 USD |
|
2 years ago
Sep 30, 2022
|
Bought
50 K USD
|
Basaldua Martin
Director
|
+ 50
|
1000 USD |
|
2 years ago
Sep 30, 2022
|
Bought
1.5 M USD
|
Stunja Joseph
Director
|
+ 1500
|
1000 USD |
|
2 years ago
Feb 01, 2022
|
Bought
14.9 K USD
|
Basaldua Martin
Director
|
+ 620
|
24 USD |
|
2 years ago
Feb 01, 2022
|
Bought
5.04 K USD
|
Basaldua Martin
Director
|
+ 210
|
23.9934 USD |
|
3 years ago
Nov 12, 2021
|
Bought
40 K USD
|
Bailey Carolyn
Director
|
+ 1600
|
25 USD |
|
3 years ago
Nov 12, 2021
|
Bought
250 K USD
|
Caraway Bart
See Remarks
|
+ 10000
|
25 USD |
|
3 years ago
Nov 12, 2021
|
Bought
250 K USD
|
Stunja Joseph
Director
|
+ 10000
|
25 USD |
|
3 years ago
Nov 12, 2021
|
Bought
375 K USD
|
MCWHORTER RICHARD J
Chief Financial Officer
|
+ 15000
|
25 USD |
|
3 years ago
Nov 12, 2021
|
Bought
175 K USD
|
Basaldua Martin
Director
|
+ 7000
|
25 USD |
7. News
Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock
HOUSTON , Dec. 19, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock. The dividend is payable on January 15, 2025 to holders of record at the close of business on December 31, 2024.
prnewswire.com
- 1 month ago
Are You Looking for a Top Momentum Pick? Why Third Coast Bancshares, Inc. (TCBX) is a Great Choice
Does Third Coast Bancshares, Inc. (TCBX) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 2 months ago
Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued
A majority of deposits but only a minority of loans will re-price in the short term. Hence, rate cuts can boost the margin. I haven't incorporated tariffs in my outlook. Texas' economic activity is quite strong compared to the national average, which bodes well for loan growth. The December 2025 target price suggests a 9.5% upside from the current market price. TCBX doesn't pay a dividend on its common shares.
seekingalpha.com
- 2 months ago
Surging Earnings Estimates Signal Upside for Third Coast Bancshares (TCBX) Stock
Third Coast Bancshares (TCBX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
- 2 months ago
Best Momentum Stock to Buy for October 29th
IAG, TCBX and FINW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 29, 2024.
zacks.com
- 2 months ago
Third Coast Bancshares, Inc. (TCBX) Soars to 52-Week High, Time to Cash Out?
Third Coast Bancshares (TCBX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
zacks.com
- 2 months ago
Third Coast Bancshares, Inc. (TCBX) Q3 2024 Earnings Call Transcript
Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Natalie Hairston - Investor Relations Bart Caraway - Chairman, President & Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Matt Olney - Stephens Michael Rose - Raymond James Woody Lay – KBW Bernard Von Gizycki - Deutsche Bank Dave Storms - Stonegate Capital Partners Operator Greetings, and welcome to the Third Coast Bancshares Third Quarter 2024 Earnings Conference Call. This time, all participants are in a listen-only mode.
seekingalpha.com
- 2 months ago
Third Coast Bancshares, Inc. (TCBX) Beats Q3 Earnings and Revenue Estimates
Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.32 per share a year ago.
zacks.com
- 2 months ago
THIRD COAST BANCSHARES, INC. REPORTS 2024 THIRD QUARTER FINANCIAL RESULTS
Record Basic EPS of $0.85 and Diluted EPS of $0.74 HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 third quarter financial results. 2024 Third Quarter Financial and Operational Highlights Net income totaled $12.8 million, or $0.85 and $0.74 per basic and diluted share, respectively, compared to $10.8 million, or $0.70 and $0.63 per basic and diluted share, respectively, for the second quarter of 2024.
prnewswire.com
- 2 months ago
Third Coast Bancshares, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Schedule
HOUSTON , Oct. 2, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 third quarter financial results on Wednesday, October 23, 2024 after the market closes. Management has scheduled a conference call and webcast on Thursday, October 24, 2024 at 11:00 a.m.
prnewswire.com
- 3 months ago
All You Need to Know About Third Coast Bancshares (TCBX) Rating Upgrade to Buy
Third Coast Bancshares (TCBX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
zacks.com
- 3 months ago
Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock
HOUSTON , Sept. 19, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock.
prnewswire.com
- 4 months ago
8. Profile
Summary
Third Coast Bancshares, Inc. TCBX
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 453 M
Dividend Yield
0.32%
Description
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.
Contact
20202 Highway 59 North, Humble, TX, 77338
https://www.tcbssb.com
IPO
Date
Nov. 9, 2021
Employees
358
Officers
Mr. Bart O. Caraway CPA
Founder, Chairman, President & Chief Executive Officer
Mr. Christopher S. Peacock
Executive Vice President & Chief Retail Officer
Mr. R. John McWhorter
Chief Financial Officer
Ms. Liz Eber
Executive Vice President & Chief Legal Officer
Mr. William Bobbora
Executive Vice President & Chief Banking Officer
Jo Ann Dean
Secretary
Ms. Audrey A. Duncan
Senior EVice President & Chief Credit Officer
Mr. Andrew Novarini
Executive Vice President & President of Community Banking
Ms. Vicki Alexander
Executive Vice President and Chief Risk & Operations Officer
Ms. Sarah Natho
Treasurer