Third Coast Bancshares Announces New Share Repurchase Program

The latest update is out from Third Coast Bancshares ( (TCBX) ).

On June 17, 2025, Third Coast Bancshares, Inc. announced a new share repurchase program authorized by its Board of Directors, allowing the company to buy back up to $30 million of its common stock by May 22, 2026. The program, which received non-objection from the Federal Reserve Bank of Dallas, offers flexibility in repurchase methods and is subject to various factors, potentially impacting the company’s capital strategy and shareholder value.

The most recent analyst rating on (TCBX) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Third Coast Bancshares stock, see the TCBX Stock Forecast page.

Spark’s Take on TCBX Stock

According to Spark, TipRanks’ AI Analyst, TCBX is a Neutral.

Third Coast Bancshares is performing well, driven by strong financial metrics and a positive outlook from its latest earnings call. The stock’s valuation is attractive, though technical indicators suggest caution due to recent bearish trends. Investors may find long-term potential, contingent on continued financial and operational improvements.

To see Spark’s full report on TCBX stock, click here.

More about Third Coast Bancshares

Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank. Founded in 2008 in Humble, Texas, Third Coast Bank conducts banking operations through 19 branches encompassing the four largest metropolitan areas in Texas.

Average Trading Volume: 66,579

Technical Sentiment Signal: Hold

Current Market Cap: $414M

See more data about TCBX stock on TipRanks’ Stock Analysis page.