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Third Coast Bancshares NasdaqGS:TCBX Stock Report

Last Price

US$27.99

Market Cap

US$368.5m

7D

10.9%

1Y

54.4%

Updated

19 Sep, 2024

Data

Company Financials +

Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$368.5m

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.

TCBX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance3/6
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$27.99
52 Week HighUS$28.25
52 Week LowUS$14.09
Beta0.69
11 Month Change23.30%
3 Month Change43.24%
1 Year Change54.38%
33 Year Changen/a
5 Year Changen/a
Change since IPO11.92%

Recent News & Updates

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

Jul 03

Recent updates

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
7D10.9%5.1%2.6%
1Y54.4%43.3%30.5%

Return vs Industry: TCBX exceeded the US Banks industry which returned 39.6% over the past year.

Return vs Market: TCBX exceeded the US Market which returned 27.6% over the past year.

Price Volatility

Is TCBX's price volatile compared to industry and market?
TCBX volatility
TCBX Average Weekly Movement5.2%
Banks Industry Average Movement4.7%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: TCBX's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
2008365Bart 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$368.55m
Earnings (TTM)US$31.69m
Revenue (TTM)US$151.61m

12.1x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCBX income statement (TTM)
RevenueUS$151.61m
Cost of RevenueUS$0
Gross ProfitUS$151.61m
Other ExpensesUS$119.92m
EarningsUS$31.69m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.32
Gross Margin100.00%
Net Profit Margin20.91%
Debt/Equity Ratio28.8%

How did TCBX perform over the long term?

See historical performance and comparison