Third Coast Bancshares Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Bart Caraway
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 36.6% |
| CEO tenure | 12.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 2.8yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects
Feb 24Third Coast Bancshares: Rapid Growth Prospects Makes This An Interesting Play
Feb 06Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued
Nov 16
Texas Bank's Critical Growth And Efficient Cost Management Signal Bright Future
Sep 24 Efficient cost management and expansion in key Texas areas are poised to enhance future revenue, net margins, and market presence.Third Coast Bancshares: Lack Of Differentiation Is Hurting The Bottom Line
Jul 03Third Coast Bancshares announces private placement of $69.4M
Sep 08Third Coast Bancshares GAAP EPS of $0.16, revenue of $29M
Jul 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$46m |
| Dec 31 2024 | US$2m | US$624k | US$43m |
| Sep 30 2024 | n/a | n/a | US$39m |
| Jun 30 2024 | n/a | n/a | US$32m |
| Mar 31 2024 | n/a | n/a | US$30m |
| Dec 31 2023 | US$2m | US$590k | US$29m |
| Sep 30 2023 | n/a | n/a | US$26m |
| Jun 30 2023 | n/a | n/a | US$29m |
| Mar 31 2023 | n/a | n/a | US$23m |
| Dec 31 2022 | US$2m | US$548k | US$17m |
| Sep 30 2022 | n/a | n/a | US$11m |
| Jun 30 2022 | n/a | n/a | US$7m |
| Mar 31 2022 | n/a | n/a | US$8m |
| Dec 31 2021 | US$2m | US$521k | US$11m |
| Sep 30 2021 | n/a | n/a | US$14m |
| Jun 30 2021 | n/a | n/a | US$15m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$1m | US$470k | US$12m |
Compensation vs Market: Bart's total compensation ($USD1.70M) is below average for companies of similar size in the US market ($USD2.69M).
Compensation vs Earnings: Bart's compensation has been consistent with company performance over the past year.
CEO
Bart Caraway (52 yo)
12.3yrs
Tenure
US$1,703,325
Compensation
Mr. Bart O. Caraway is Founder, Chairman, President & CEO of Third Coast Bank and Director since 2008. He is Chairman, President & CEO of Third Coast Bancshares, Inc and serves as Director since 2013. He i...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | US$1.70m | 1.03% $ 4.3m | |
| Senior EVP & CFO | 10.1yrs | US$1.25m | 2.02% $ 8.4m | |
| Executive VP & Chief Banking Officer | 2.8yrs | US$1.10m | 0.42% $ 1.8m | |
| Executive VP and Chief Risk & Operations Officer | 1.2yrs | no data | 0.079% $ 330.3k | |
| Executive VP & Chief Legal Officer | 2.3yrs | no data | 0.0039% $ 16.5k | |
| Senior EVP & Chief Credit Officer | 9.9yrs | US$651.96k | 0.11% $ 464.4k | |
| Executive VP & President of Community Banking | 2.8yrs | no data | no data | |
| Executive VP & Chief Retail Officer | 2.3yrs | no data | 0.022% $ 90.2k | |
| Treasurer | no data | no data | no data | |
| Secretary | no data | no data | no data |
2.8yrs
Average Tenure
57yo
Average Age
Experienced Management: TCBX's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 12.3yrs | US$1.70m | 1.03% $ 4.3m | |
| Independent Director | 6.3yrs | US$94.06k | 0.41% $ 1.7m | |
| Independent Director | 2.6yrs | US$64.23k | no data | |
| Independent Director | 1.8yrs | US$94.01k | 0.056% $ 236.1k | |
| Director | 5.3yrs | US$229.47k | 1.09% $ 4.6m | |
| Lead Independent Director | 12.3yrs | US$79.25k | 0.67% $ 2.8m | |
| Independent Director | 12.3yrs | US$83.63k | 0.24% $ 996.9k | |
| Independent Director | 12.3yrs | US$90.51k | 1.05% $ 4.4m | |
| Independent Director | 5.3yrs | US$81.01k | 0.45% $ 1.9m | |
| Independent Director | 6.3yrs | US$91.91k | 0.049% $ 206.9k | |
| Independent Director | 5.3yrs | US$94.81k | 0.068% $ 285.7k |
6.3yrs
Average Tenure
52yo
Average Age
Experienced Board: TCBX's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/02 21:36 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Third Coast Bancshares, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mengxian Jiao | Deutsche Bank |
| Brady Gailey | Keefe, Bruyette, & Woods |
| Wood Lay | Keefe, Bruyette, & Woods |