Third Coast Bancshares Inc (TCBX)
NYSE:TCBX
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.9Last Year’s EPS
0.96Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid strategic and operational progress driven by the Keystone acquisition — substantial balance sheet expansion, robust loan pipelines, EPS and tangible book value supported when excluding one-time merger costs, and active product/team investments to drive future growth. Near-term headwinds include merger-related nonrecurring expenses, temporary margin compression (partly from an interest reversal), a single large CRE nonaccrual and phased timing of cost saves. Management characterized these negatives as largely one-time or manageable and expressed confidence in sustained organic growth and integration progress.Company Guidance
Keystone Acquisition Drove Balance Sheet Expansion
Keystone merger materially expanded the franchise: total assets increased 23.2%, loans increased 19.5% and deposits increased 23.5% from year-end. Keystone contributed roughly a 20% lift to loans and deposits and expanded the customer base and geographic footprint in Central Texas.
Strong Loan Pipelines and Early 2Q Momentum
Underlying organic momentum remains strong: excluding Keystone, loans were up approximately $45 million in the quarter, quarterly average loan balances rose over $100 million, and April month-to-date loan originations were already up over $100 million. Management extended the quarterly loan growth target range to $75 million–$125 million.
Net Interest Income Growth
Net interest income was $53.6 million for the quarter, a 2.7% increase sequentially, driven by a larger earning asset base post-merger.
Adjusted Profitability Metrics (Excluding Merger Costs)
Reported diluted EPS was $0.88; excluding merger-related expenses, EPS would have been approximately $1.02. Excluding merger items, return on average assets would have been 1.25%.
Tangible Book Value and Cost-Save Outlook
Tangible book value ended the quarter at $31.70, in line with prior guidance of $31.69. Management expects roughly $6 million of merger-related cost saves, with most savings beginning to be realized in 3Q/4Q and fully in place by next year.
Platform and Product Build-Out
Third Coast added senior relationship bankers in Houston and Dallas, launched an asset-based lending (ABL) platform, and expanded public funds and correspondent banking teams to diversify funding and fee streams—initiatives designed to drive future loan growth and fee income.
Fee Income Trending Steady
Management guided fee income to roughly $4.0 million for the quarter and expects a modest increase going forward to a $4.0–$4.5 million range; securitizations remain a potential upside to fees and margin.
TCBX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TCBX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $40.53 | $38.63 | -4.69% |
Jan 21, 2026 | $40.24 | $42.33 | +5.19% |
Oct 22, 2025 | $39.28 | $38.10 | -3.00% |
Jul 23, 2025 | $36.27 | $37.28 | +2.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Third Coast Bancshares Inc (TCBX) report earnings?
Third Coast Bancshares Inc (TCBX) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is Third Coast Bancshares Inc (TCBX) earnings time?
Third Coast Bancshares Inc (TCBX) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is TCBX EPS forecast?
TCBX EPS forecast for the fiscal quarter 2026 (Q2) is 0.9.