Third Coast Bancshares, Inc.

NasdaqGS:TCBX Stock Report

Market Cap: US$368.9m

Third Coast Bancshares Valuation

Is TCBX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TCBX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TCBX ($27.45) is trading above our estimate of fair value ($22.39)

Significantly Below Fair Value: TCBX is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TCBX?

Other financial metrics that can be useful for relative valuation.

TCBX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does TCBX's PE Ratio compare to its peers?

The above table shows the PE ratio for TCBX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.8x
BSVN Bank7
10.5x0.3%US$373.7m
SHBI Shore Bancshares
23.2x46.3%US$461.8m
SMMF Summit Financial Group
6.6x1.5%US$377.4m
RCBC River City Bank
6.8xn/aUS$402.6m
TCBX Third Coast Bancshares
11.8x12.1%US$368.9m

Price-To-Earnings vs Peers: TCBX is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (11.8x).


Price to Earnings Ratio vs Industry

How does TCBX's PE Ratio compare vs other companies in the US Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.4%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a9.4%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: TCBX is expensive based on its Price-To-Earnings Ratio (11.8x) compared to the US Banks industry average (11.7x).


Price to Earnings Ratio vs Fair Ratio

What is TCBX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TCBX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: TCBX is good value based on its Price-To-Earnings Ratio (11.8x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TCBX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$27.45
US$28.75
+4.7%
9.0%US$33.00US$26.00n/a4
Oct ’25US$25.80
US$28.75
+11.4%
9.0%US$33.00US$26.00n/a4
Sep ’25US$25.61
US$28.75
+12.3%
9.0%US$33.00US$26.00n/a4
Aug ’25US$22.46
US$28.75
+28.0%
9.0%US$33.00US$26.00n/a4
Jul ’25US$21.06
US$24.75
+17.5%
7.8%US$27.00US$22.00n/a4
Jun ’25US$21.09
US$24.75
+17.4%
7.8%US$27.00US$22.00n/a4
May ’25US$20.09
US$24.75
+23.2%
7.8%US$27.00US$22.00n/a4
Apr ’25US$19.21
US$23.40
+21.8%
9.2%US$26.00US$20.00n/a5
Mar ’25US$19.11
US$23.40
+22.4%
9.2%US$26.00US$20.00n/a5
Feb ’25US$19.50
US$23.40
+20.0%
9.2%US$26.00US$20.00n/a5
Jan ’25US$19.87
US$20.50
+3.2%
10.6%US$24.00US$18.00n/a4
Dec ’24US$17.77
US$19.50
+9.7%
4.4%US$20.00US$18.00n/a4
Nov ’24US$15.76
US$19.50
+23.7%
4.4%US$20.00US$18.00n/a4
Oct ’24US$17.10
US$23.25
+36.0%
3.6%US$24.00US$22.00US$25.804
Sep ’24US$19.15
US$23.50
+22.7%
4.8%US$25.00US$22.00US$25.614
Aug ’24US$20.17
US$23.50
+16.5%
4.8%US$25.00US$22.00US$22.464
Jul ’24US$15.87
US$20.67
+30.2%
4.6%US$22.00US$20.00US$21.063
Jun ’24US$16.32
US$21.00
+28.7%
3.9%US$22.00US$20.00US$21.093
May ’24US$13.95
US$21.00
+50.5%
3.9%US$22.00US$20.00US$20.093
Apr ’24US$15.71
US$22.00
+40.0%
3.7%US$23.00US$21.00US$19.213
Mar ’24US$18.06
US$22.67
+25.5%
2.1%US$23.00US$22.00US$19.113
Feb ’24US$18.99
US$22.67
+19.4%
2.1%US$23.00US$22.00US$19.503
Jan ’24US$18.43
US$23.00
+24.8%
6.1%US$25.00US$22.00US$19.873
Dec ’23US$19.56
US$23.33
+19.3%
8.1%US$26.00US$22.00US$17.773
Nov ’23US$19.86
US$23.33
+17.5%
8.1%US$26.00US$22.00US$15.763
Oct ’23US$17.11
US$24.25
+41.7%
4.5%US$26.00US$23.00US$17.104

Analyst Forecast: Target price is less than 20% higher than the current share price.


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