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Third Coast Bancshares Inc   (TCBX)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Third Coast Bancshares Inc's ROI from its third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Investment, Quarterly Results, Trends, Rankings, Statistics

What is Third Coast Bancshares Inc's ROI in the third quarter of 2023?
Third Coast Bancshares Inc achieved a return on average invested assets (ROI) of 0.88 % in its third quarter of 2023, which is below Third Coast Bancshares Inc's average return on investment, which stands at 1.01%.

ROI decreased relative to the period ending Jun 30 2023, due to the decline in net income.

Within the Financial sector 309 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Sep 30 2023 quarter, so far to 1281, from total ROI ranking in the second quarter of 2023 at 2227.

Definition and Formula of Return on Investment


Return On Investment (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Investment Change 21.49 % 710.59 % 762.05 % 38574.51 % -
Y / Y Net Income Change -17.61 % 290.47 % 342.88 % - 183.83 %
Investment (TTM) in Millions 3,815 3,568 3,473 3,391 3,140
Return On Investment (TTM) 0.88 % 0.96 % 0.99 % 1.01 % 0.88 %
TCBX's Overall Ranking # 1281 # 2227 # 1454 # 2271 # 2474
Seq. Investment Change 6.95 % 2.73 % 2.4 % 7.99 % 613.56 %
Seq. Net Income Change -37.26 % -3.81 % 22.83 % 11.15 % 197.32 %
Net Income (TTM) in Millions 31 32 26 19 9




Return On Investment TCBX's Ranking
Within: No.
Industry # 71
Sector # 310
Overall # 1281

Return On Investment Statistics
High Average Low
1.41 %
1.01 %
0.85 %
(Jun 30 2022)   (Sep 30 2022)



  News about Third Coast Bancshares Inc

Third Coast Bolsters Risk Management and Legal Expertise Through Key Executive Appointments, Poised for Future Growth

Third Coast Announces Strategic Reorganization to Fuel Future Expansion and Mitigate Risks
In a move to drive future growth and enhance operational efficiency, Third Coast Bancshares, Inc. has made key changes to its organizational structure. The holding company of Third Coast Bank, SSB, recently named two executives to new leadership positions, aiming to bolster risk management, legal affairs, and overall effectiveness. These developments position Third Coast for continued success and market dominance in the banking sector.
Effective immediately, William Alexander has been appointed Chief Risk and Operations Officer. With over two decades of experience in the financial industry and a proven track record of mitigating risks, Alexander is well-suited to tackle the challenges faced by Third Coast. His extensive knowledge of regulatory compliance, risk assessment, and operational strategies will ensure the bank remains robust and resilient in an ever-evolving landscape.






Financial Statements
Third Coast Bancshares Inc's III. Quarter Investments $ 3,815 Millions TCBX's Balance sheet
Third Coast Bancshares Inc's III. Quarter Income $ 6 Millions Quarterly TCBX's Income Statement
TCBX's Income by Division See TCBX's Income by Division


TCBX Annual Return On Investment (Dec 31 2022)
2022
(Dec 31 2021)
2021



Total Investments in Millions 3,391 308 0 0 0
Y / Y Investment Growth 1001.89 % - - - -
Net Income in Millions 19 11 0 0 0
Y / Y Net Income Growth 63.33 % - - - -
Annual Return On Investment 0.55 % 3.71 % - - -


Annual Roi Comment
In the fiscal year 2022 ROI deteriorated to 0.55 %, despite net income growth.

Definition and Formula of Return on Investment

Other ROI Ratios
Regional Banks Industry Roi Trends and Statistics
Financial Sector Return On Investment Statistics
Roi Trends for overall market
TCBX's Roi Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for TCBX's Competitors
Roi for Third Coast Bancshares Inc's Suppliers
Return On Investment for TCBX's Customers

Other Ratios
TCBX's Roa TCBX's Inventory Turnover Ratio TCBX's Growth Rates TCBX's Dividend Statistics
TCBX's Profitability Ratios TCBX's Asset Turnover Ratio TCBX's Dividend Growth
TCBX's Roe TCBX's Valuation Ratios TCBX's Financial Strength Ratios TCBX's Dividend Payout Ratio



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Date modified: 2023-11-08T18:07:23+00:00



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