TCBX Stock - Third Coast Bancshares, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $338.07M | $274.08M | $160.18M | $103.19M | $83.55M |
| Gross Profit | $164.77M | $140.74M | $110.49M | $83.20M | $61.64M |
| Gross Margin | 48.7% | 51.3% | 69.0% | 80.6% | 73.8% |
| Operating Income | $61.35M | $41.61M | $23.17M | $14.48M | $15.61M |
| Net Income | $47.67M | $33.40M | $18.66M | $11.42M | $12.12M |
| Net Margin | 14.1% | 12.2% | 11.6% | 11.1% | 14.5% |
| EPS | $3.14 | $2.11 | $1.28 | $1.45 | $1.94 |
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.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| April 2nd 2025 | Raymond James | Downgrade | Market Perform | - |
| January 29th 2025 | Keefe Bruyette | Downgrade | Market Perform | $42← $40 |
| January 11th 2024 | Keefe Bruyette | Initiation | Outperform | $26 |
| July 28th 2023 | Raymond James | Upgrade | Outperform | $23 |
| October 6th 2022 | Raymond James | Downgrade | Market Perform | - |
| June 3rd 2022 | Raymond James | Initiation | Outperform | $29 |
Earnings History & Surprises
TCBXEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Jan 28, 2026 | $0.90 | — | — | — |
Q4 2025 | Oct 22, 2025 | $0.80 | $1.03 | +28.7% | ✓ BEAT |
Q3 2025 | Jul 23, 2025 | $0.75 | $0.96 | +28.0% | ✓ BEAT |
Q2 2025 | Apr 23, 2025 | $0.70 | $0.78 | +11.4% | ✓ BEAT |
Q1 2025 | Jan 22, 2025 | $0.68 | $0.79 | +16.2% | ✓ BEAT |
Q4 2024 | Oct 23, 2024 | $0.54 | $0.74 | +37.0% | ✓ BEAT |
Q3 2024 | Jul 24, 2024 | $0.57 | $0.63 | +10.5% | ✓ BEAT |
Q2 2024 | Apr 24, 2024 | $0.49 | $0.61 | +24.5% | ✓ BEAT |
Q1 2024 | Jan 25, 2024 | $0.47 | $0.57 | +21.3% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.49 | $0.32 | -34.7% | ✗ MISS |
Q3 2023 | Jul 26, 2023 | $0.50 | $0.53 | +6.0% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $0.42 | $0.55 | +31.0% | ✓ BEAT |
Q1 2023 | Mar 15, 2023 | — | $0.55 | — | — |
Q4 2022 | Oct 26, 2022 | $0.33 | $0.49 | +48.5% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $0.30 | $0.16 | -46.7% | ✗ MISS |
Q2 2022 | Apr 28, 2022 | $0.17 | $0.15 | -11.8% | ✗ MISS |
Q1 2022 | Mar 16, 2022 | — | $0.03 | — | — |
Q1 2022 | Jan 27, 2022 | $0.30 | $0.03 | -90.0% | ✗ MISS |
Q2 2021 | Jun 30, 2021 | — | $0.42 | — | — |
Latest News
Keefe, Bruyette & Woods Maintains Market Perform on Third Coast Bancshares, Raises Price Target to $43
➖ NeutralStephens & Co. Maintains Overweight on Third Coast Bancshares, Raises Price Target to $46
📈 PositiveThird Coast Bancshares To Acquire Keystone Bancshares In $123M Cash And Stock Transaction
➖ NeutralThird Coast Bancshares Q3 EPS $1.03 Beats $0.82 Estimate, Sales $54.400M Beat $50.973M Estimate
📈 PositiveThird Coast Bancshares Transfers Listing To NYSE
📈 PositiveFrequently Asked Questions about TCBX
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