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 Growth | 11.2% |
Revenue growth rate | 26.6% |
Return on equity | 8.1% |
Net Margin | 20.3% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Third Coast Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 141 | 29 | 89 | 0 |
30 Sep 23 | 135 | 26 | 87 | 0 |
30 Jun 23 | 131 | 29 | 83 | 0 |
31 Mar 23 | 122 | 23 | 80 | 0 |
31 Dec 22 | 111 | 17 | 78 | 0 |
30 Sep 22 | 100 | 11 | 76 | 0 |
30 Jun 22 | 90 | 7 | 72 | 0 |
31 Mar 22 | 86 | 8 | 70 | 0 |
31 Dec 21 | 86 | 11 | 65 | 0 |
30 Sep 21 | 80 | 14 | 57 | 0 |
30 Jun 21 | 76 | 15 | 51 | 0 |
31 Mar 21 | 71 | 14 | 47 | 0 |
31 Dec 20 | 63 | 12 | 42 | 0 |
31 Dec 19 | 34 | 2 | 28 | 0 |
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.