Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$495.3m

Third Coast Bancshares Past Earnings Performance

Past criteria checks 5/6

Third Coast Bancshares has been growing earnings at an average annual rate of 35.6%, while the Banks industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 25.2% per year. Third Coast Bancshares's return on equity is 9.7%, and it has net margins of 24.5%.

Key information

35.6%

Earnings growth rate

12.7%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate25.2%
Return on equity9.7%
Net Margin24.5%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

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
30 Sep 2415939900
30 Jun 2415232920
31 Mar 2414730920
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 (24.5%) are higher than last year (19.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TCBX's earnings have grown significantly by 35.6% per year over the past 5 years.

Accelerating Growth: TCBX's earnings growth over the past year (47.9%) exceeds its 5-year average (35.6% per year).

Earnings vs Industry: TCBX earnings growth over the past year (47.9%) exceeded the Banks industry -12.2%.


Return on Equity

High ROE: TCBX's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


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