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Third Coast Bancshares, Inc. TCBX
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 34.58
-0.26 %
$ 473 M
Market Cap
13.51
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one TCBX stock under the base case scenario is HIDDEN Compared to the current market price of 34.6 USD, Third Coast Bancshares, Inc. is HIDDEN

TCBX Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart TCBX

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FINANCIALS
141 M REVENUE
15.59%
Growth Rates
1Year 15.59%
3Years 26.90%
5Years 0.00%
7Years 0.00%
10Years 0.00%
0 OPERATING INCOME
0.00%
Growth Rates
1Year 0.00%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
33.4 M NET INCOME
79.01%
Growth Rates
1Year 79.01%
3Years 40.22%
5Years 0.00%
7Years 0.00%
10Years 0.00%
39.1 M OPERATING CASH FLOW
79.32%
Growth Rates
1Year 79.32%
3Years 133.27%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-530 M INVESTING CASH FLOW
57.28%
Growth Rates
1Year 57.28%
3Years -1.93%
5Years 0.00%
7Years 0.00%
10Years 0.00%
570 M FINANCING CASH FLOW
-53.36%
Growth Rates
1Year -53.36%
3Years -2.28%
5Years 0.00%
7Years 0.00%
10Years 0.00%
42.7 M REVENUE
-49.27%
Growth Rates
1Year 15.59%
3Years 26.90%
5Years 0.00%
7Years 0.00%
10Years 0.00%
16.3 M OPERATING INCOME
12.31%
Growth Rates
1Year 0.00%
3Years 0.00%
5Years 0.00%
7Years 0.00%
10Years 0.00%
12.8 M NET INCOME
18.33%
Growth Rates
1Year 79.01%
3Years 40.22%
5Years 0.00%
7Years 0.00%
10Years 0.00%
22 M OPERATING CASH FLOW
201.68%
Growth Rates
1Year 79.32%
3Years 133.27%
5Years 0.00%
7Years 0.00%
10Years 0.00%
-138 M INVESTING CASH FLOW
-185.17%
Growth Rates
1Year 57.28%
3Years -1.93%
5Years 0.00%
7Years 0.00%
10Years 0.00%
133 M FINANCING CASH FLOW
165.23%
Growth Rates
1Year -53.36%
3Years -2.28%
5Years 0.00%
7Years 0.00%
10Years 0.00%
Balance Sheet Decomposition Third Coast Bancshares, Inc.
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Current Assets 435 M
Cash & Short-Term Investments 412 M
Receivables 23.1 M
Other Current Assets 0
Non-Current Assets 4.12 B
Long-Term Investments 178 M
PP&E 50 M
Other Non-Current Assets 3.89 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.
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Revenue 141 M
Cost Of Revenue 0
Gross Profit 141 M
Operating Expenses 147 M
Operating Income 0
Other Expenses -33.4 M
Net Income 33.4 M
RATIOS
100.00% GROSS MARGIN
100.00%
Averages
1Year 100.00%
3Years 100.00%
5Years 100.00%
7Years 0.00%
10Years 0.00%
0.00% OPERATING MARGIN
0.00%
Averages
1Year 0.00%
3Years 21.60%
5Years 19.36%
7Years 0.00%
10Years 0.00%
23.62% NET MARGIN
23.62%
Averages
1Year 23.62%
3Years 17.05%
5Years 15.12%
7Years 0.00%
10Years 0.00%
8.11% ROE
8.11%
Averages
1Year 8.11%
3Years 5.61%
5Years 6.18%
7Years 0.00%
10Years 0.00%
0.76% ROA
0.76%
Averages
1Year 0.76%
3Years 0.57%
5Years 0.52%
7Years 0.00%
10Years 0.00%
0.00% ROIC
0.00%
Averages
1Year 0.00%
3Years 4.55%
5Years 4.83%
7Years 0.00%
10Years 0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Third Coast Bancshares, Inc.
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Net Income 33.4 M
Depreciation & Amortization 3.66 M
Capital Expenditures -3.44 M
Stock-Based Compensation 1.63 M
Change in Working Capital 5.19 M
Others 3.28 M
Free Cash Flow 35.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Third Coast Bancshares, Inc.
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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 -24.81%
TCBX Average Price Target Wall Street Target
26 USD -24.81%
TCBX Highest Price Target Wall Street Target
26 USD -24.81%
4. DIVIDEND ANALYSIS
0.32% DIVIDEND YIELD
16.9 USD DIVIDEND PER SHARE
5. COMPETITION

Byline Bancorp, Inc. operates as the bank holding company for Byline Bank that provides various banking products and services for small and medium sized businesses, commercial real estate and financial sponsors, and consumers in the United States.

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30.5 USD
BY
Overvalued 1.99%

Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to small to medium-sized businesses, professionals, and individuals in the Puget Sound region in Washington.

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106 USD
CCB
Undervalued 44.75%

NBT Bancorp Inc., a financial holding company, provides commercial banking, retail banking, and wealth management services. Its deposit products include demand deposit, savings, negotiable order of withdrawal, money market deposit, and certificate of deposit accounts.

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40.3 USD
NBTB
Overvalued 18.12%

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California.

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26.3 USD
CWBC
Undervalued 28.52%

FVCBankcorp, Inc. operates as the holding company for FVCbank that provides various banking products and services in Virginia. It offers deposit products, including interest and noninterest-bearing transaction accounts, checking and savings accounts, money market accounts, and certificates of deposit.

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-0.378 USD
FVCB
Overvalued 102.75%

CF Bankshares Inc. operates as the bank holding company for CFBank, National Association that provides various banking products and services in the United States.

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21 USD
CFBK
Overvalued 22.92%

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals and small to medium-sized businesses in South Louisiana.

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-2.58 USD
ISTR
Overvalued 110.95%

Oconee Federal Financial Corp. operates as a holding company for Oconee Federal Savings and Loan Association that provides various banking products and services in the Oconee County area of northwestern South Carolina and the northeast area of Georgia.

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42.2 USD
OFED
Undervalued 212.50%

William Penn Bancorporation operates as the holding company for William Penn Bank that provides retail and commercial banking products and related financial services in the United States.

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-2.82 USD
WMPN
Overvalued 121.73%

Pathfinder Bancorp, Inc. operates as a holding company for Pathfinder Bank that provides various banking and financial products and services primarily in Oswego and Onondaga Counties, New York.

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31.1 USD
PBHC
Undervalued 76.70%

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers.

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89.1 USD
EFSCP
Undervalued 330.54%

TC Bancshares, Inc. operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States.

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9.21 USD
TCBC
Overvalued 46.77%

Pioneer Bancorp, Inc. operates as a holding company for Pioneer Savings Bank that provides various banking products and services in New York.

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20.6 USD
PBFS
Undervalued 79.05%

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States.

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7.59 USD
MGYR
Overvalued 41.05%

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services.

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19 USD
LSBK
Undervalued 40.60%

Franklin Financial Services Corporation operates as the bank holding company for Farmers and Merchants Trust Company of Chambersburg that provides commercial, retail banking, and trust services to small and medium-sized businesses, individuals, governmental entities, and non-profit organizations in Pennsylvania.

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28.6 USD
FRAF
Overvalued 14.12%

Bogota Financial Corp. operates as the bank holding company for Bogota Savings Bank that provides banking products and services in the United States.

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-0.679 USD
BSBK
Overvalued 108.27%
6. Ownership
Insider Ownership Third Coast Bancshares, Inc.
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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
0 USD 0
0-3 MONTHS
210 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
26.4 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
3 months ago
Aug 05, 2024
Bought 52.5 K USD
Bobbora William
See Remarks
+ 2500
 21 USD
5 months ago
Jun 05, 2024
Bought 30.3 K USD
Bobbora William
See Remarks
+ 1500
 20.18 USD
5 months ago
May 21, 2024
Bought 53.3 K USD
Bobbora William
See Remarks
+ 2484
 21.44 USD
5 months ago
May 21, 2024
Bought 42.2 K USD
Bobbora William
See Remarks
+ 2000
 21.11 USD
6 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: 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 - 1 day 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 weeks 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 weeks 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 weeks 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 - 3 weeks 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 - 3 weeks 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 - 3 weeks 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 - 1 month 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 - 1 month 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 - 1 month ago
Third Coast Bank's $60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion HOUSTON , Sept. 16, 2024 /PRNewswire/ -- Third Coast Bank (the "Bank," "Third Coast," "we," "us," or "our"), a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to announce today the successful completion of a New Syndicated Senior Credit Facility led by the Bank's Corporate Banking team. prnewswire.com - 2 months ago
Third Coast Celebrates its 1,000th day as a Nasdaq listed company by Ringing the Nasdaq Closing Bell Completed successful IPO on November 12, 2021 Expanded community banking offices from 11 in 2021 to 18 today HOUSTON , Aug. 6, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, today announced that its Chairman and Chief Executive Officer, Bart Caraway, and other members of the Third Coast management team will ring the closing bell at the Nasdaq MarketSite in Times Square, New York on Tuesday, August 6, 2024. "Today we celebrate another milestone for our Company," said Mr. prnewswire.com - 3 months ago
8. Profile Summary

Third Coast Bancshares, Inc. TCBX

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 473 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 Ms. Sarah Natho Treasurer Jo Ann Dean Secretary Mr. Bart O. Caraway CPA Chairman, President & Chief Executive Officer Ms. Vicki Alexander Executive Vice President and Chief Risk & Operations Officer Ms. Liz Eber Executive Vice President & Chief Legal Officer Mr. Christopher S. Peacock Executive Vice President & Chief Retail Officer Mr. Andrew Novarini Executive Vice President & President of Community Banking Mr. R. John McWhorter Chief Financial Officer Ms. Audrey A. Duncan Senior EVice President & Chief Credit Officer Mr. William Bobbora Executive Vice President & Chief Banking Officer