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Third Coast Bancshares NasdaqGS:TCBX Stock Report

Last Price

US$20.02

Market Cap

US$270.1m

7D

-0.5%

1Y

28.4%

Updated

28 Mar, 2024

Data

Company Financials +

Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$270.1m

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
Valuation4/6
Future Growth2/6
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$20.02
52 Week HighUS$21.50
52 Week LowUS$12.31
Beta0.64
1 Month Change6.21%
3 Month Change0.75%
1 Year Change28.42%
3 Year Changen/a
5 Year Changen/a
Change since IPO-19.95%

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
7D-0.5%1.1%0.2%
1Y28.4%36.1%28.1%

Return vs Industry: TCBX underperformed the US Banks industry which returned 33.8% over the past year.

Return vs Market: TCBX matched the US Market which returned 28.8% over the past year.

Price Volatility

Is TCBX's price volatile compared to industry and market?
TCBX volatility
TCBX Average Weekly Movement3.9%
Banks Industry Average Movement4.4%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: TCBX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008365Bart 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, 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$270.10m
Earnings (TTM)US$28.67m
Revenue (TTM)US$141.41m

9.5x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TCBX income statement (TTM)
RevenueUS$141.41m
Cost of RevenueUS$0
Gross ProfitUS$141.41m
Other ExpensesUS$112.75m
EarningsUS$28.67m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.11
Gross Margin100.00%
Net Profit Margin20.27%
Debt/Equity Ratio31.6%

How did TCBX perform over the long term?

See historical performance and comparison
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