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Third Coast Bancshares NasdaqGS:TCBX Stock Report

Last Price

US$35.61

Market Cap

US$473.0m

7D

0.2%

1Y

107.0%

Updated

18 Nov, 2024

Data

Company Financials +

Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$473.0m

TCBX Stock Overview

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. More details

TCBX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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$35.61
52 Week HighUS$36.20
52 Week LowUS$16.52
Beta0.65
11 Month Change27.45%
3 Month Change56.87%
1 Year Change107.03%
33 Year Change27.77%
5 Year Changen/a
Change since IPO42.38%

Recent News & Updates

Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued

Nov 16

Recent updates

Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued

Nov 16

Third Coast Bancshares: Lack Of Differentiation Is Hurting The Bottom Line

Jul 03

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
7D0.2%-0.03%-2.1%
1Y107.0%53.7%29.7%

Return vs Industry: TCBX exceeded the US Banks industry which returned 53.9% over the past year.

Return vs Market: TCBX exceeded the US Market which returned 29.6% over the past year.

Price Volatility

Is TCBX's price volatile compared to industry and market?
TCBX volatility
TCBX Average Weekly Movement4.9%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: TCBX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TCBX's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008358Bart Carawaywww.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, commercial and residential real estate, and construction, development, and other 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$473.02m
Earnings (TTM)US$38.88m
Revenue (TTM)US$158.91m

12.5x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCBX income statement (TTM)
RevenueUS$158.91m
Cost of RevenueUS$0
Gross ProfitUS$158.91m
Other ExpensesUS$120.03m
EarningsUS$38.88m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.84
Gross Margin100.00%
Net Profit Margin24.46%
Debt/Equity Ratio26.5%

How did TCBX perform over the long term?

See historical performance and comparison