Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$270.1m

Third Coast Bancshares Past Earnings Performance

Past criteria checks 5/6

Third Coast Bancshares has been growing earnings at an average annual rate of 36.1%, while the Banks industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 26.6% per year. Third Coast Bancshares's return on equity is 8.1%, and it has net margins of 20.3%.

Key information

36.1%

Earnings growth rate

5.9%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate26.6%
Return on equity8.1%
Net Margin20.3%
Last Earnings Update31 Dec 2023

Recent past performance 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

Revenue & Expenses Breakdown
Beta

How Third Coast Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:TCBX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2314129890
30 Sep 2313526870
30 Jun 2313129830
31 Mar 2312223800
31 Dec 2211117780
30 Sep 2210011760
30 Jun 22907720
31 Mar 22868700
31 Dec 218611650
30 Sep 218014570
30 Jun 217615510
31 Mar 217114470
31 Dec 206312420
31 Dec 19342280

Quality Earnings: TCBX has high quality earnings.

Growing Profit Margin: TCBX's current net profit margins (20.3%) are higher than last year (15.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TCBX's earnings have grown significantly by 36.1% per year over the past 5 years.

Accelerating Growth: TCBX's earnings growth over the past year (66.3%) exceeds its 5-year average (36.1% per year).

Earnings vs Industry: TCBX earnings growth over the past year (66.3%) exceeded the Banks industry -9%.


Return on Equity

High ROE: TCBX's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


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