Third Coast Bancshares Future Growth

Future criteria checks 1/6

Third Coast Bancshares is forecast to grow earnings and revenue by 10.7% and 8.7% per annum respectively. EPS is expected to grow by 2.8% per annum. Return on equity is forecast to be 10.1% in 3 years.

Key information

10.7%

Earnings growth rate

2.8%

EPS growth rate

Banks earnings growth	10.5%
Revenue growth rate	8.7%
Future return on equity	10.1%
Analyst coverage	Low
Last updated	25 Oct 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

NasdaqGS:TCBX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	196	51	N/A	N/A	2
12/31/2025	181	45	N/A	N/A	2
12/31/2024	169	42	N/A	N/A	2
9/30/2024	159	39	55	56	N/A
6/30/2024	152	32	35	37	N/A
3/31/2024	147	30	38	41	N/A
12/31/2023	141	29	36	39	N/A
9/30/2023	135	26	21	28	N/A
6/30/2023	131	29	26	35	N/A
3/31/2023	122	23	18	29	N/A
12/31/2022	111	17	10	22	N/A
9/30/2022	100	11	8	17	N/A
6/30/2022	90	7	0	9	N/A
3/31/2022	86	8	-5	3	N/A
12/31/2021	86	11	-1	5	N/A
9/30/2021	80	14	0	5	N/A
6/30/2021	76	15	-5	-3	N/A
3/31/2021	71	14	-5	-4	N/A
12/31/2020	63	12	-5	-4	N/A
12/31/2019	34	2	1	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCBX's forecast earnings growth (10.7% per year) is above the savings rate (2.6%).

Earnings vs Market: TCBX's earnings (10.7% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: TCBX's earnings are forecast to grow, but not significantly.

Revenue vs Market: TCBX's revenue (8.7% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: TCBX's revenue (8.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TCBX's Return on Equity is forecast to be low in 3 years time (10.1%).

Third Coast Bancshares Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 13%

Price target increased by 16% to US$33.25

Price target increased by 10% to US$27.25

Price target increased by 10% to US$25.75

Consensus EPS estimates increase by 12%

Price target increased by 8.3% to US$23.40

Recent updates

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

Chairman exercised options and sold US$708k worth of stock

Now 20% undervalued

Investor sentiment improves as stock rises 20%

Consensus EPS estimates increase by 13%

Price target increased by 16% to US$33.25

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 21% overvalued after recent price rise

Third Coast Bancshares, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Now 20% overvalued after recent price rise

Price target increased by 10% to US$27.25

Price target increased by 10% to US$25.75

Third Coast Bancshares, Inc. to Report Q2, 2024 Results on Jul 24, 2024

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

Consensus EPS estimates increase by 12%

Third Coast Bancshares, Inc., Annual General Meeting, May 30, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Third Coast Bancshares, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Independent Director exercised options to buy US$95k worth of stock.

Independent Director exercised options to buy US$99k worth of stock.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third Coast Bancshares, Inc. Announces Organizational Changes to Drive Future Growth

Price target increased by 8.3% to US$23.40

Third Coast Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter of 2023

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third Coast Bancshares, Inc. to Report Q4, 2023 Results on Jan 25, 2024

Price target decreased by 11% to US$20.50

Third quarter 2023 earnings: EPS misses analyst expectations

Third Coast Bancshares, Inc. Reports Unaudited Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Third Coast Bancshares, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Michael Deckert Resigns as Executive Vice President and Chief Operating Officer of Third Coast Bancshares, Inc. and Third Coast Bank, SSB

New minor risk - Shareholder dilution

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third Coast Bancshares, Inc. Appoints David Phelps to Board of Directors

Third Coast Bancshares, Inc. Announces Demise of Norma J. Galloway, As Director

Third Coast Bancshares, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Investor sentiment improves as stock rises 15%

Chief Financial Officer recently bought US$68k worth of stock

Price target decreased by 7.4% to US$21.00

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates increase by 14%, revenue downgraded

Insufficient new directors

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Third Coast Bancshares, Inc. to Report Q4, 2022 Results on Jan 26, 2023

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Third Coast Bancshares, Inc. to Report Q3, 2022 Results on Oct 26, 2022

Third Coast Bancshares, Inc. announced that it has received $69.4 million in funding from Castle Creek Capital LLC and other investors

Third Coast Bancshares, Inc. announced that it expects to receive $69.4 million in funding from Castle Creek Capital LLC, and other investors

Third Coast Bancshares announces private placement of $69.4M

Consensus EPS estimates fall by 39%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Third Coast Bancshares, Inc. Appoints Bill Bobbora as Executive Vice President and Chief Banking Officer, and Andrew Novarini as Executive Vice President and President of Community Banking

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

Consensus forecasts updated

Third Coast Bancshares, Inc. to Report Q2, 2022 Results on Jul 27, 2022

Third Coast Bancshares, Inc. and Third Coast Bank, SSB Announce Resignation of Donald Legato as Senior Executive Vice President and Chief Lending Officer

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates increase by 10%

Third Coast Bancshares, Inc. to Report Q1, 2022 Results on Apr 28, 2022

Third Coast Bancshares, Inc. announced that it has received $82.3 million in funding

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Third Coast Bancshares, Inc. Reports Net Charges-Offs for the Fourth Quarter Ended December 31, 2021

High number of new directors

Chief Financial Officer recently bought US$375k worth of stock

Earnings and Revenue Growth Forecasts