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TCBX US​

Third Coast Bancshares, Inc.(TCBX US)

$39.80-0.200.50%Ext:$39.74-0.060.15%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Third Coast Bancshares, Inc. — Company Profile

Third Coast Bancshares, Inc. serves as the parent company for Third Coast Bank, SSB, a financial institution primarily focused on delivering a broad spectrum of commercial banking solutions to small and medium-sized businesses, as well as individual professionals. The bank's offerings include a comprehensive range of deposit accounts, such as checking, savings, individual retirement accounts (IRAs), money market accounts, and certificates of deposit (CDs). For its lending services, it provides commercial and industrial (C&I) loans, which encompass financing for equipment, working capital, vehicle fleets, and various other commercial needs. Beyond these core services, Third Coast also offers treasury management, both consumer and commercial online banking platforms, mobile applications, secure safe deposit boxes, wire transfer capabilities, and debit cards. Geographically, the bank operates a total of twelve branches: eleven are strategically located across the major Texas metropolitan areas of Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, with an additional branch situated in Detroit, Texas. The company was founded in 2008 and has its principal office in Humble, Texas.

Sector
Financials
Industry
Banks
Exchange
UN
CEO
Bart O. Caraway
Headquarters
Humble, TX, US
IPO Date
Nov 9, 2021
Employees
477
Website
www.thirdcoast.bank

Key Metrics

Price
$43.36
Market Cap
$611.42M
Revenue (TTM)
$101.42M
Net Income (TTM)
$16.37M
EPS (TTM)
1.03
P/E (TTM)
8.85
P/B (TTM)
0.94
Dividend Yield
0.00%
ROE (TTM)
2.52%
ROA (TTM)
0.25%
Operating Margin
18.73%
Beta
0.42

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Third Coast Bancshares, Inc. serves as the parent company for Third Coast Bank, SSB, a financial institution primarily focused on delivering a broad spectrum of commercial banking solutions to small and medium-sized businesses, as well as individual professionals. The bank's offerings include a comprehensive range of deposit accounts, such as checking, savings, individual retirement accounts (IRAs), money market accounts, and certificates of deposit (CDs). For its lending services, it provides commercial and industrial (C&I) loans, which encompass financing for equipment, working capital, vehicle fleets, and various other commercial needs. Beyond these core services, Third Coast also offers treasury management, both consumer and commercial online banking platforms, mobile applications, secure safe deposit boxes, wire transfer capabilities, and debit cards. Geographically, the bank operates a total of twelve branches: eleven are strategically located across the major Texas metropolitan areas of Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, with an additional branch situated in Detroit, Texas. The company was founded in 2008 and has its principal office in Humble, Texas.

Website
www.thirdcoast.bank
Location
Humble, TX, US
Phone281 446 7000
Employees477
CEOBart O. Caraway
Sector
Financials
Industry
Banks
IPO DateNov 9, 2021

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Latest Documents

SEC Filings(370)

Expand
  • 425Business combination communication23 Oct
  • 425Business combination communication21 Oct
  • 8-KResults of Operations and Financial Condition21 Oct
  • 425Business combination communication13 Oct
  • 8-KEntry into a Material Definitive Agreement13 Oct
  • 425Business combination communication9 Oct
  • 425Business combination communication9 Oct
  • 425Business combination communication7 Oct
  • 8-KJOINTNEWSRELEASE7 Oct
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers18 Sep
  • 8-KOther Events17 Sep
  • 10-QQ2ended 30 Jun 20264 Aug
  • SC 13G/AThird Coast Bancshares, Inc.30 Jul
  • 8-KResults of Operations and Financial Condition22 Jul
  • 8-KOther Events13 Jul
  • 8-KOther Events2 Jul
  • S-8Registration statement (employee benefit plan)23 Jun
  • 8-KOther Events18 Jun
  • 4Statement of changes in beneficial ownership16 Jun
  • 144Glander Troy Andrew12 Jun

News

  • What Third Coast Bancshares (TCBX) Said on Its Q3 Earnings Call22 Oct
  • Third Coast Bancshares, Inc. (TCBX) Q3 2026 Earnings Call Transcript22 Oct
  • Third Coast Bancshares (TCBX) Reports Q3 Earnings: What Key Metrics Have to Say21 Oct
  • Third Coast Bancshares, Inc. (TCBX) Tops Q3 Earnings Estimates21 Oct
  • Third Coast Bancshares, Inc. Reports 2026 Third Quarter Financial Results21 Oct
  • Third Coast Bancshares, Inc. (TCBX) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release14 Oct
  • TCBX Stock Alert: Halper Sadeh LLC is Investigating Whether Third Coast Bancshares, Inc. is Obtaining a Fair Price for its Shareholders7 Oct
  • TCBX Stock Alert: Halper Sadeh LLC is Investigating Whether Third Coast Bancshares, Inc. is Obtaining a Fair Price for its Shareholders7 Oct
  • Third Coast Bancshares, Inc. and Great Plains Bancshares, Inc. Announce Definitive Merger Agreement7 Oct
  • Third Coast Bancshares, Inc. Announces 2026 Third Quarter Earnings Release and Conference Call Schedule30 Sep
  • Third Coast Bancshares, Inc. (NASDAQ:TCBX) Given Consensus Recommendation of “Moderate Buy” by Analysts21 Sep
  • Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock17 Sep
  • Third Coast Bank Expands Corporate Banking Leadership14 Sep
  • Deutsche Bank AG Invests $615,000 in Third Coast Bancshares, Inc. $TCBX2 Sep
  • Dimensional Fund Advisors LP Grows Stock Holdings in Third Coast Bancshares, Inc. $TCBX8 Aug
  • Third Coast Bancshares Still Looks Like A Buy4 Aug
  • Third Coast Bancshares, Inc. to Ring the New York Stock Exchange Closing Bell28 Jul

Mentions in Filings

  • #SR Bancorp, Inc. 12,409 206,486 Stellar Bancorp, Inc. 224,524 8,338,821 \*Sterling Bancorp, Inc. 65,995 – Stewart Information Services Corp. 55,210 3,722,810 \*Summit State Bank 1,516 20,739 \*Texas Capital Bancshares, Inc. 216,596 21,913,017 \*Third Coast Bancshares, Inc. 42,718 1,732,642 Timberland Bancorp, Inc. 31,333 1,220,107 Tiptree, Inc. 3,806 68,051 Tompkins Financial Corp. 22,073 1,768, …
    Dimensional ETF TrustThird Coast Bancshares, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … *Acquiror** | **Acquired Company** | | Hancock Whitney Corporation Columbia Financial, Inc. OceanFirst Financial Corp. Burke & Herbert Financial Services Corp. Home Bancshares, Inc. Fulton Financial Corporation <strong>Third Coast Bancshares, Inc.</strong> Prosperity Bancshares, Inc. First Merchants Corporation First Financial Bancorp. Eastern Bankshares, Inc. Independent Bank Corp. NBT Bancorp Inc. ConnectOne Bancorp, Inc. ChoiceOne Financial Services, Inc. Aler …
    VALLEY NATIONAL BANCORPThird Coast Bancshares, Inc.·S-4 - Registration statement (business combination)·Q4 26·21 Oct
  • … ​ | Target | ​ | | Colony Bankcorp, Inc. (GA) | ​ | ​ | First Reliance Bancshares, Inc. (SC) | ​ | | Banner Corporation (WA) | ​ | ​ | Pacific Financial Corporation (WA) | ​ | | Home Bancshares, Inc. (AR) | ​ | ​ | Mountain Commerce Bancorp, Inc. (TN) | ​ | | Richmond Mutual Bancorporation, Inc. (IN) | ​ | ​ | Farmers Bancorp (IN) | ​ | | <strong>Third Coast Bancshares, Inc.</strong> (TX) | ​ | ​ | Keystone Bancshares, Inc. (TX) | ​ | 62 --- TABLE OF CONTENTS
    HBT Financial, Inc.Third Coast Bancshares, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q3 26·18 Sep
  • … | | | | | --- | --- | --- | | Announcement Date | Acquirer | Target | | 11/12/2025 | Richmond Mutual Bancorporation, Inc. | Farmers Bancorp | | 10/22/2025 | <strong>Third Coast Bancshares, Inc.</strong> | Keystone Bancshares, Inc. | | 9/24/2025 | Mid Penn Bancorp, Inc. | 1st Colonial Bancorp, Inc. | | 9/02/2025 | Equity Bancshares, Inc. | Frontier Holdings, LLC | | 4/22/2025 | MIDFLORIDA Credit Union | Prime Meridian Holding Company | | 4/02/2025 | Equity Bancsha …
    NORTHRIM BANCORP INCThird Coast Bancshares, Inc.·424B3 - Prospectus filing (Rule 424(b)(3))·Q3 26·17 Sep
  • … (GA) | | Peoples Bancorp, Inc. (OH) | Citizens National Corporation (KY) | | Community West Bancshares (CA) | United Security Bancshares (CA) | | South Plains Financial, Inc. (TX) | BOH Holdings, Inc. (TX) | | <strong>Third Coast Bancshares, Inc.</strong> (TX) | Keystone Bancshares, Inc. (TX) | | Mid Penn Bancorp, Inc. (PA) | 1st Colonial Bancorp, Inc. (NJ) | | Mercantile Bank Corporation (MI) | Eastern Michigan Financial Corporation (MI) | 62 --- TABLE OF CO …
    NORTHRIM BANCORP INCThird Coast Bancshares, Inc.·S-4/A - Registration statement (business combination, amendment)·Q3 26·15 Sep
  • … ​ | Target | ​ | | Colony Bankcorp, Inc. (GA) | ​ | ​ | First Reliance Bancshares, Inc. (SC) | ​ | | Banner Corporation (WA) | ​ | ​ | Pacific Financial Corporation (WA) | ​ | | Home Bancshares, Inc. (AR) | ​ | ​ | Mountain Commerce Bancorp, Inc. (TN) | ​ | | Richmond Mutual Bancorporation, Inc. (IN) | ​ | ​ | Farmers Bancorp (IN) | ​ | | <strong>Third Coast Bancshares, Inc.</strong> (TX) | ​ | ​ | Keystone Bancshares, Inc. (TX) | ​ | 62 --- TABLE OF CONTENTS
    HBT Financial, Inc.Third Coast Bancshares, Inc.·S-4/A - Registration statement (business combination, amendment)·Q3 26·14 Sep

Key Stats

Trading

Px/Chg 1D$43.36 / +1.14%
Avg Volume90.37K
Beta0.42
Mkt Cap611.42M
FD Mkt Cap631.16M

Float

Shrs Out/Float14.10M / 11.05M
Short Float0.06%
Days to Cover3.63
Stock Repurchased$0.00

Current Valuation

EV343.61M
EV/EBITDA3.73
EV/Sales0.89
P/B0.94
P/S1.59
FCF Yield-8.64%
ROE2.52%
ROA0.25%
Current Ratio0.13

Estimates

P/E8.85
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings18.6710.478.748.6428.1537.35
Price / Sales2.951.221.061.225.236.03
Price / Book Value0.800.510.710.890.950.94
Price / Free Cash Flow27.5920.358.1912.34108.64-11.57
ENTERPRISE VALUE METRICS
Enterprise Value222.7-5.0136.6172.8465.3343.6
Enterprise Value / Sales1.84-0.030.500.514.833.39
Enterprise Value / EBITDA8.11-0.193.002.6218.4216.70
Enterprise Value / EBIT8.71-0.223.282.8219.5818.09

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue37.3%103.2160.2274.1338.1366.9
Gross Income24.9%83.2110.5140.7164.8202.8
EBITDA58.7%14.225.745.666.090.0
EBIT55.6%14.523.241.661.485.0
Net Income55.2%11.418.733.447.766.3
EPS (Diluted)28.3%1.401.251.982.783.79
BALANCE SHEET
Cash & ST Inv3.1%353.3505.9475.0755.5399.4
Total Assets20.9%2,499.43,773.14,396.14,942.45,340.8
Total Liabilities21.6%2,200.43,391.43,984.14,481.74,809.7
Total Shareholder Equity15.4%299.0381.8412.0460.7531.0
CASH FLOW
Net Operating Cash Flow82.5%4.621.839.135.150.8
Cap Ex-16.9%-5.6-12.2-3.4-1.8-2.7
Free Cash Flow—-1.09.635.633.448.2

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)39.61
Basic Shares14.10
Market Cap558.5
Diluted Shares0.00
Fully Diluted Shares Outstanding0.00
Fully Diluted Market Cap-
+Consolidated Debt17.9
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-359.8
−Short-term Investments-461.5
+Total Preferred0.1
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value216.7

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