Third Coast Bancshares Past Performance
Past criteria checks 5/6
Third Coast Bancshares has been growing earnings at an average annual rate of 27.2%, while the Banks industry saw earnings growing at 15.4% annually. Revenues have been growing at an average rate of 41.3% per year. Third Coast Bancshares's return on equity is 6.7%, and it has net margins of 19%.
Earnings growth rate
EPS growth rate
|Banks Industry Growth||15.4%|
|Revenue growth rate||41.3%|
|Return on equity||6.7%|
|Last Earnings Update||31 Mar 2023|
Recent past performance updates
Earnings and Revenue History
Quality Earnings: TCBX has high quality earnings.
Growing Profit Margin: TCBX's current net profit margins (19%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: TCBX's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: TCBX's earnings growth over the past year (176%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: TCBX earnings growth over the past year (176%) exceeded the Banks industry 6.5%.
Return on Equity
High ROE: TCBX's Return on Equity (6.7%) is considered low.