Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$492.4m

Third Coast Bancshares Balance Sheet Health

Financial Health criteria checks 6/6

Third Coast Bancshares has total assets of $4.6B and total equity of $450.5M. Total deposits are $4.0B, and total loans are $3.9B. It earns a Net Interest Margin of 3.7%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $276.6M.

Key information

10.3x

Asset to equity ratio

3.7%

Net interest margin

Total deposits

US$3.99b

Loan to deposit ratio

Appropriate

Bad loans

0.6%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$276.60m

Recent financial health updates

No updates

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

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TCBX's Assets to Equity ratio (10.3x) is moderate.

Allowance for Bad Loans: TCBX has a sufficient allowance for bad loans (165%).

Low Risk Liabilities: 96% of TCBX's liabilities are made up of primarily low risk sources of funding.

Loan Level: TCBX has an appropriate level of Loans to Assets ratio (83%).

Low Risk Deposits: TCBX's Loans to Deposits ratio (96%) is appropriate.

Level of Bad Loans: TCBX has an appropriate level of bad loans (0.6%).


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