Financial Services -
Banks - Regional - NASDAQ - US
$ 30.37
-0.752 %
$ 420 M
Market Cap
10.29
P/E
1. INTRINSIC VALUE
Balance Sheet
Third Coast Bancshares, Inc.
| Current Assets | 781 M |
| Cash & Short-Term Investments | 755 M |
| Receivables | 25.8 M |
| Other Current Assets | 0 |
| Non-Current Assets | 76.4 M |
| Long-Term Investments | 384 M |
| PP&E | 46.1 M |
| Other Non-Current Assets | -354 M |
| Current Liabilities | 4.19 B |
| Accounts Payable | 6.28 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 4.19 B |
| Non-Current Liabilities | 112 M |
| Long-Term Debt | 112 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Third Coast Bancshares, Inc.
| Revenue | 328 M |
| Cost Of Revenue | 0 |
| Gross Profit | 328 M |
| Operating Expenses | 1.71 M |
| Operating Income | 327 M |
| Other Expenses | 279 M |
| Net Income | 47.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Third Coast Bancshares, Inc.
| Net Income | 47.7 M |
| Depreciation & Amortization | 4.62 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 1.7 M |
| Change in Working Capital | 0 |
| Others | -15.7 M |
| Free Cash Flow | 33.4 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
-14.39%
TCBX Average Price Target
Wall Street Target
26 USD
-14.39%
TCBX Highest Price Target
Wall Street Target
26 USD
-14.39%
4. DIVIDEND
ANALYSIS
0.00%
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
75.1 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
430 K USD 4
0-3 MONTHS
95.1 K USD 2
3-6 MONTHS
51.2 K USD 1
6-9 MONTHS
52.5 K USD 1
9-12 MONTHS
7. News
Third Coast Bank Announces $150 Million Securitization of Commercial Real Estate Loans in a Transaction Sponsored by EJF Capital LLC
HOUSTON , June 4, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we" or "our"), today announced that it entered into a $150 million securitization transaction of certain commercial real estate loans (the "Mortgage Loans") originated by the Bank. EJF Capital LLC ("EJF Capital"), a global alternative asset management firm with approximately $5.3 billion assets under management as of March 31, 2025, arranged the securitization transaction described below.
prnewswire.com
- 2 weeks ago
Third Coast Bancshares: Still Bullish Despite Its Recent Plunge
Third Coast Bancshares remains a 'buy' due to its attractive pricing, high asset quality, and growth in key Texas markets despite a 17% stock pullback. The company shows robust financial health with rising net interest margin, low debt, and management forecasting significant loan growth this year. Recent quarterly data reveals a slight decline in deposits but improvements in net interest income and non-accrual loans, supporting the company's growth trajectory.
seekingalpha.com
- 1 month ago
Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q1 2025
Dallas, Texas--(Newsfile Corp. - April 25, 2025) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 1Q25, Third Coast reported net income of $13.6M, virtually flat from $13.7M in 4Q24. This was equal to a basic and diluted EPS of $0.90 and $0.78, respectively.
newsfilecorp.com
- 1 month ago
Third Coast Bancshares, Inc. (TCBX) Q1 2025 Earnings Call Transcript
Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Woody Lay - KBW Bernard Von Gizycki - Deutsche Bank Michael Rose - Raymond James Matt Olney - Stephens Dave Storms - Stonegate Operator Greetings, and welcome to the Third Coast Bancshares First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 month ago
Third Coast Bancshares, Inc. (TCBX) Surpasses Q1 Earnings and Revenue Estimates
Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.61 per share a year ago.
zacks.com
- 1 month ago
Third Coast Bancshares, Inc. Reports 2025 First Quarter Financial Results
Year-over-Year Net Income Improved 31% and Diluted EPS increased 28% Net Interest Margin Expands to 3.80% and Book Value Per Share Increases HOUSTON , April 23, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank (the "Bank"), today reported its 2025 first quarter financial results. Year to Date Financial Highlights Return on average assets of 1.17% annualized for the first quarter of 2025 compared to 1.13% annualized for the fourth quarter of 2024 and 0.95% annualized for the first quarter of 2024.
prnewswire.com
- 1 month ago
Third Coast Bancshares, Inc. Announces 2025 First Quarter Earnings Release and Conference Call Schedule
HOUSTON , April 16, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2025 first quarter financial results on Wednesday, April 23, 2025 after the market closes. Management has scheduled a conference call and webcast on Thursday, April 24, 2025 at 11:00 a.m.
prnewswire.com
- 2 months ago
EJF Capital Closes Securitization of a $100 Million Commercial Real Estate Loan Originated by Third Coast Bank
ARLINGTON, Va.--(BUSINESS WIRE)--EJF Capital LLC (“EJF Capital”), a global alternative asset management firm with approximately $5.4 billion of assets under management, today announced that it has completed a $100 million securitization transaction for Third Coast Bank, a Texas banking association and wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX). On April 1, 2025, Third Coast Bank originated a $200 million revolving commercial real estate loan (the “Mortgage Loan”.
businesswire.com
- 2 months ago
Third Coast Bank Announces Securitization of $200 Million Commercial Real Estate Loan in a Transaction Sponsored by EJF Capital LLC
HOUSTON , April 7, 2025 /PRNewswire/ -- Third Coast Bank, a Texas banking association (the "Bank") and a wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "we" or "our"), today announced that, on April 1, 2025, it originated a $200 million revolving commercial real estate loan (the "Mortgage Loan") made to one of America's largest private investment firms focused on real estate development. The Mortgage Loan is secured by interests in a portfolio of eleven Residential Master Planned Communities under development located in the Houston, Dallas and Austin metropolitan areas in the State of Texas.
prnewswire.com
- 2 months ago
Third Coast Bancshares, Inc. Announces 2025 First Quarter Earnings Release and Conference Call Schedule
HOUSTON , April 2, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2025 first quarter financial results on Wednesday, April 23, 2025 after the market closes. Management has scheduled a conference call and webcast on Thursday, April 24, 2025 at 11:00 a.m.
prnewswire.com
- 2 months ago
Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock
HOUSTON , March 20, 2025 /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 $16.88 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock. The dividend is payable on April 15, 2025 to holders of record at the close of business on March 31, 2025.
prnewswire.com
- 2 months ago
New Strong Buy Stocks for March 17th
TCBX, KMTUY, PAA, LMB and ENS have been added to the Zacks Rank #1 (Strong Buy) List on March 17, 2025.
zacks.com
- 3 months ago
8. Profile
Summary
Third Coast Bancshares, Inc. TCBX
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 420 M
Dividend Yield
0.00%
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
376
Officers
Mr. Christopher S. Peacock
Executive Vice President & Chief Retail Officer
Ms. Liz Eber
Executive Vice President & Chief Legal Officer
Mr. Andrew Novarini
Executive Vice President & President of Community Banking
Ms. Vicki Alexander
Executive Vice President and Chief Risk & Operations Officer
Mr. Bart O. Caraway CPA
Founder, Chairman, President & Chief Executive Officer
Mr. William Bobbora
Executive Vice President & Chief Banking Officer
Mr. R. John McWhorter
Senior EVice President & Chief Financial Officer
Ms. Audrey A. Duncan
Senior EVice President & Chief Credit Officer
Jo Ann Dean
Secretary
Ms. Sarah Natho
Treasurer