CSIMarket Company Name, Ticker, Suppliers, else..
 
Third Coast Bancshares Inc   (TCBX)
Other Ticker:  
 
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial
 
Price: $27.4500 $0.46 1.704%
Day's High: $27.51 Week Perf: 7.6 %
Day's Low: $ 26.91 30 Day Perf: 5.62 %
Volume (M): 26 52 Wk High: $ 28.25
Volume (M$): $ 725 52 Wk Avg: $20.58
Open: $27.12 52 Wk Low: $14.09



 Market Capitalization (Millions $) 377
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) 135
 Net Income (TTM) (Millions $) 31
 Cash Flow (TTM) (Millions $) -41
 Capital Exp. (TTM) (Millions $) 15

Third Coast Bancshares Inc
Third Coast Bancshares Inc is a banking holding company that operates through its subsidiary, Third Coast Bank, SSB. The company provides various banking products and services to individuals, businesses, and professionals. It offers a range of deposit accounts, loans, mortgages, and other financial products. Third Coast Bank operates through multiple branches located in Texas. The company focuses on providing personalized and convenient banking solutions to its customers.


   Company Address: 20202 Highway 59 North Humble 77338 TX
   Company Phone Number: 446-7000   Stock Exchange / Ticker: NASDAQ TCBX


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Personnel Announcements

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

Published Mon, Mar 4 2024 9:15 PM UTC

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 ma...
Third Coast Bancshares Inc

Third Coast Bancshares Inc Faces Major Earnings Decline Despite Strong Revenue in Q3 2023



Third Coast Bancshares Inc, a banking institution, recently faced a notable contraction in its earnings per share (EPS) despite a considerable elevation in revenue for the financial period ending September 30, 2023. Although revenue experienced double-digit growth, net profit per share plummeted by -34.69% to a mere $0.32 per share. This decline in profitability raises concerns about the company's financial stability and long-term prospects.
EPS Deterioration:
In comparison to the previous reporting season, Third Coast Bancshares Inc witnessed a significant deterioration in its EPS. The earnings declined by -39.62% from $0.53 to $0.32 per share, indicating a diminishing ability to generate profits. This considerable drop raises doubts about the bank's operational efficiency and management's ability to control expenses effectively.
Third Coast Bancshares Inc

Third Coast Bancshares Inc Achieves Record-Breaking Profit Jump of 231% in Q2 2023

Exciting Growth and Promising Outlook for Third Coast Bancshares Inc
Third Coast Bancshares Inc, a leading player in the financial sector, has announced impressive financial results for the period from April to June 30, 2023. The company's net profit per share registered a remarkable increase of 231.25%, reaching $0.53 per share compared to the previous year. This outstanding growth can be attributed to the company's expanding revenue, which surged by 36.337% to $34.98 million.
The preceding quarter also displayed strong performance for Third Coast Bancshares Inc, with revenue standing at $33.53 million and earnings at $0.55 per share. However, the latest financial time-frame has witnessed an unparalleled leap in profitability, with earnings soaring to $8.891 million, indicating a staggering 290.47% increase from the same period a year ago when it reported net earnings of $2.277 million.
Third Coast Bancshares Inc

Regional Banks Company Witnesses Staggering 266.67% Profit Surge in Fiscal Year Ending March 31, 2023

Third Coast Bancshares Inc's First Quarter Results Fall Below Average Return on Investment
In its first quarter of 2023, Third Coast Bancshares Inc achieved a return on average invested assets (ROI) of 0.99%, which is below its average return on investment of 1.13%. The ROI fell compared to the fourth quarter of 2022, despite the net income growth of 22.83% from the previous quarter.
Additionally, within the financial sector, 376 other companies had a higher return on investment, suggesting that Third Coast Bancshares Inc has some room for improvement.






Third Coast Bancshares Inc's Segments





Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com