company background image
TCBX

Third Coast Bancshares NasdaqGS:TCBX Stock Report

Last Price

US$17.30

Market Cap

US$257.8m

7D

6.0%

1Y

-28.9%

Updated

08 Jun, 2023

Data

Company Financials +

Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Mkt Cap: US$257.8m

TCBX Stock Overview

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.

TCBX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Third Coast Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Third Coast Bancshares
Historical stock prices
Current Share PriceUS$17.30
52 Week HighUS$25.45
52 Week LowUS$12.31
Beta0
1 Month Change18.90%
3 Month Change6.46%
1 Year Change-28.89%
3 Year Changen/a
5 Year Changen/a
Change since IPO-30.83%

Recent News & Updates

Recent updates

Third Coast Bancshares announces private placement of $69.4M

Sep 08

Third Coast Bancshares GAAP EPS of $0.16, revenue of $29M

Jul 27

Shareholder Returns

TCBXUS BanksUS Market
7D6.0%6.0%2.2%
1Y-28.9%-8.6%5.0%

Return vs Industry: TCBX underperformed the US Banks industry which returned -11% over the past year.

Return vs Market: TCBX underperformed the US Market which returned 2.1% over the past year.

Price Volatility

Is TCBX's price volatile compared to industry and market?
TCBX volatility
TCBX Average Weekly Movement6.5%
Banks Industry Average Movement6.5%
Market Average Movement6.7%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: TCBX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TCBX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008370Bart Carawayhttps://www.tcbssb.com

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, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, and commercial and residential real estate loans.

Third Coast Bancshares, Inc. Fundamentals Summary

How do Third Coast Bancshares's earnings and revenue compare to its market cap?
TCBX fundamental statistics
Market CapUS$257.76m
Earnings (TTM)US$23.23m
Revenue (TTM)US$122.13m

11.1x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCBX income statement (TTM)
RevenueUS$122.13m
Cost of RevenueUS$0
Gross ProfitUS$122.13m
Other ExpensesUS$98.91m
EarningsUS$23.23m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.56
Gross Margin100.00%
Net Profit Margin19.02%
Debt/Equity Ratio30.6%

How did TCBX perform over the long term?

See historical performance and comparison