Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$464.4m

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$1.6m

Total compensation

CEO salary percentage37.3%
CEO tenure12yrs
CEO ownership1.0%
Management average tenure2.5yrs
Board average tenure6yrs

Recent management 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

CEO Compensation Analysis

How has Bart Caraway's remuneration changed compared to Third Coast Bancshares's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$39m

Jun 30 2024n/an/a

US$32m

Mar 31 2024n/an/a

US$30m

Dec 31 2023US$2mUS$590k

US$29m

Sep 30 2023n/an/a

US$26m

Jun 30 2023n/an/a

US$29m

Mar 31 2023n/an/a

US$23m

Dec 31 2022US$2mUS$548k

US$17m

Sep 30 2022n/an/a

US$11m

Jun 30 2022n/an/a

US$7m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$2mUS$521k

US$11m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

US$15m

Mar 31 2021n/an/a

US$14m

Dec 31 2020US$1mUS$470k

US$12m

Compensation vs Market: Bart's total compensation ($USD1.58M) is about average for companies of similar size in the US market ($USD2.22M).

Compensation vs Earnings: Bart's compensation has been consistent with company performance over the past year.


CEO

Bart Caraway (53 yo)

12yrs

Tenure

US$1,584,242

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

NamePositionTenureCompensationOwnership
Bart Caraway
Founderno dataUS$1.58m1.03%
$ 4.8m
R. McWhorter
Chief Financial Officer9.8yrsUS$845.37k1.96%
$ 9.1m
William Bobbora
Executive VP & Chief Banking Officer2.5yrsUS$1.08m0.35%
$ 1.6m
Vicki Alexander
Executive VP and Chief Risk & Operations Officerless than a yearno data0.068%
$ 317.5k
Liz Eber
Executive VP & Chief Legal Officer2yrsno data0.00083%
$ 3.9k
Audrey Duncan
Senior EVP & Chief Credit Officer9.6yrsUS$651.96k0.11%
$ 494.1k
Andrew Novarini
Executive VP & President of Community Banking2.5yrsno datano data
Christopher Peacock
Executive VP & Chief Retail Officer1.9yrsno data0.014%
$ 64.5k
Sarah Natho
Treasurerno datano datano data
Jo Dean
Secretaryno datano datano data

2.5yrs

Average Tenure

58yo

Average Age

Experienced Management: TCBX's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bart Caraway
Founder12yrsUS$1.58m1.03%
$ 4.8m
W. Brunson
Independent Director6yrsUS$131.28k0.38%
$ 1.8m
Anthony Scavuzzo
Independent Director2.3yrsUS$59.70kno data
David Phelps
Independent Director1.5yrsUS$99.05k0.057%
$ 264.4k
Dennis Bonnen
Director5yrsUS$268.70k1.12%
$ 5.2m
Martin Basaldua
Independent Director12yrsUS$116.30k0.68%
$ 3.2m
Troy Glander
Independent Director12yrsUS$121.84k0.24%
$ 1.1m
Joseph Stunja
Independent Director12yrsUS$126.09k1.06%
$ 4.9m
Reagan Swinbank
Independent Director5yrsUS$115.00k0.46%
$ 2.1m
Shelton McDonald
Independent Director6yrsUS$129.73k0.050%
$ 231.7k
Carolyn Bailey
Independent Director5yrsUS$132.33k0.069%
$ 320.0k

6.0yrs

Average Tenure

53yo

Average Age

Experienced Board: TCBX's board of directors are considered experienced (6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 03:44
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Third Coast Bancshares, Inc. is covered by 9 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.

AnalystInstitution
Mengxian JiaoDeutsche Bank
Brady GaileyKeefe, Bruyette, & Woods
Wood LayKeefe, Bruyette, & Woods