Third Coast Shareholders Approve Keystone Bancshares Merger Plan

An update from Third Coast Bancshares ( (TCBX) ) is now available.

On January 23, 2026, Third Coast Bancshares, Inc. held a special meeting of shareholders to vote on proposals related to its previously announced Agreement and Plan of Reorganization, dated October 22, 2025, under which Arch Merger Sub, Inc. will merge with Keystone Bancshares, Inc., leaving Keystone as a wholly owned subsidiary of Third Coast. Of the 13,895,078 outstanding shares of common stock as of the December 18, 2025 record date, holders of 8,578,742 shares were present or represented by proxy, constituting a quorum, and shareholders overwhelmingly approved the issuance of new Third Coast common shares required to complete the Keystone merger, including the share issuance threshold under NYSE Listing Rule 312.03, while an adjournment proposal was not needed; completion of the merger still depends on satisfying or waiving the remaining closing conditions in the reorganization agreement, marking a key step toward expanding Third Coast’s banking footprint and corporate structure.

The most recent analyst rating on (TCBX) stock is a Buy with a $42.00 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 mainly by solid financial performance (profitability and low leverage) and a constructive earnings outlook focused on growth and strategic expansion, supported by a reasonable P/E. Offsetting factors include only neutral-to-weak technical momentum and cited balance-sheet/earnings risks (loan-to-deposit pressure, NIM decline, and some asset-quality concerns).

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

More about Third Coast Bancshares

Third Coast Bancshares, Inc. is a bank holding company, with its primary business conducted through banking subsidiaries that provide commercial and retail banking services. The company focuses on issuing common stock as its primary equity security and is listed on the New York Stock Exchange, where compliance with listing rules governing significant share issuances is a key consideration in its corporate actions.

Average Trading Volume: 65,244

Technical Sentiment Signal: Buy

Current Market Cap: $531.9M

For an in-depth examination of TCBX stock, go to TipRanks’ Overview page.