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The latest announcement is out from Third Coast Bancshares ( (TCBX) ).
Third Coast Bancshares reported its first-quarter 2026 results on April 22, 2026, highlighting a completed merger with Keystone Bancshares on February 1 that added roughly $1 billion in assets, $812 million in loans and $844.2 million in deposits. The deal drove gross loans up 19.5% sequentially to $5.25 billion and deposits up 23.5% to $5.72 billion, while book value per share rose and tangible book value dipped modestly.
Net income for the quarter was $16.4 million, down from $17.9 million in the fourth quarter of 2025 but up from $13.6 million a year earlier, with about $3.3 million in merger-related costs weighing on earnings and pushing the efficiency ratio to 66.06%. Net interest income increased 2.8% sequentially and 25.3% year over year despite margin compression to 3.67%, while asset quality remained manageable, as nonperforming loans rose to 0.68% of total loans largely due to a single $17.1 million credit and the allowance for credit losses stood at 0.98% of loans after Day 1 provisioning from the Keystone acquisition.
The most recent analyst rating on (TCBX) stock is a Buy with a $45.00 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 Outperform.
The score is driven by strong fundamentals (growth, profitability, improving ROE and leverage) and a low P/E valuation, supported by constructive earnings-call guidance despite near-term merger/NIM noise. These positives are tempered by weak technicals, with the stock in a clear downtrend even as it approaches oversold levels.
To see Spark’s full report on TCBX stock, click here.
More about Third Coast Bancshares
Third Coast Bancshares, Inc., the bank holding company for Third Coast Bank, operates as a commercial banking institution focused on loans and deposit services. Listed on the NYSE and NYSE Texas under the ticker TCBX and headquartered in Houston, the company targets commercial and industrial clients as well as real estate borrowers across its core Texas markets.
Average Trading Volume: 74,810
Technical Sentiment Signal: Buy
Current Market Cap: $688.8M
Find detailed analytics on TCBX stock on TipRanks’ Stock Analysis page.