Third Coast Bancshares Stock (NYSE:TCBX)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$40.09

52W Range

$29.66 - $43.84

50D Avg

$38.79

200D Avg

$38.96

Market Cap

$556.29M

Avg Vol (3M)

$86.36K

Beta

0.66

Div Yield

-

TCBX Company Profile


Third Coast Bancshares, Inc. serves as the parent company for Third Coast Bank, SSB, a financial institution primarily focused on delivering a broad spectrum of commercial banking solutions to small and medium-sized businesses, as well as individual professionals. The bank's offerings include a comprehensive range of deposit accounts, such as checking, savings, individual retirement accounts (IRAs), money market accounts, and certificates of deposit (CDs). For its lending services, it provides commercial and industrial (C&I) loans, which encompass financing for equipment, working capital, vehicle fleets, and various other commercial needs. Beyond these core services, Third Coast also offers treasury management, both consumer and commercial online banking platforms, mobile applications, secure safe deposit boxes, wire transfer capabilities, and debit cards. Geographically, the bank operates a total of twelve branches: eleven are strategically located across the major Texas metropolitan areas of Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, with an additional branch situated in Detroit, Texas. The company was founded in 2008 and has its principal office in Humble, Texas.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

376

IPO Date

Nov 09, 2021

Website

TCBX Performance


TCBX Financial Summary


Dec 25Dec 24
Revenue$366.95M$338.07M
Operating Income$84.99M$61.35M
Net Income$66.29M$47.67M
EBITDA$90.04M$65.97M
Basic EPS$4.45$3.14
Diluted EPS$3.79$2.78

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26Apr 23, 26 | 12:00 AM
Q4 25Jan 22, 26 | 11:00 AM
Q4 25Jan 22, 26 | 11:00 AM

Peer Comparison


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NPBNorthpointe Bancshares, Inc.
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MSBIMidland States Bancorp, Inc.
AROWArrow Financial Corporation
NRIMNorthrim BanCorp, Inc.
FMNBFarmers National Banc Corp.
ALRSAlerus Financial Corporation
SHBIShore Bancshares, Inc.
CBNKCapital Bancorp, Inc.