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Third Coast Bancshares Inc (TCBX)
:TCBX
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.76Last Year’s EPS
0.63Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 0.79%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a largely positive sentiment with significant highlights such as the successful execution of a commercial real estate loan securitization, improved credit quality, and increased net interest margin. However, there are some challenges, including a decline in deposits and an increase in non-interest expenses. Overall, the positive aspects outweigh the negatives, indicating a strong strategic direction and effective management.Company Guidance
During the Third Coast Bancshares First Quarter 2025 Earnings Conference Call, the company provided several key metrics and guidance for the remainder of the year. The net interest margin improved by nine basis points to 3.80% in the first quarter, with expectations of an additional five basis points improvement in the second quarter due to a successful commercial real estate loan securitization. The bank reported a net income of $12.4 million, an ROA of 1.17%, and a return on equity of 12.4%. Non-interest expenses increased by 3.2% from the previous quarter. The loan-to-deposit ratio was 93.9%, and period-end loan growth was $21.6 million, with quarterly average growth better at $42.5 million. For the rest of 2025, Third Coast Bancshares aims for $325 million in loan growth and is considering a share buyback program due to strong capital positions. The company remains focused on disciplined loan growth, robust credit management, and enhancing shareholder value, with book value and tangible book value increasing by 4.4% and 4.7% respectively from the prior quarter.Commercial Real Estate Loan Securitization
Third Coast executed a significant commercial real estate loan securitization, providing increased flexibility in managing the balance sheet and capital ratios, generating fee income, and positively impacting the net interest margin.
Improved Credit Quality
Non-performing loans declined by $9.3 million, improving the non-performing loans to total loans ratio by 23 basis points. Non-performing assets to total assets declined by two basis points to 0.56%.
Net Interest Margin Improvement
Net interest margin improved by nine basis points to 3.80% in the first quarter, demonstrating effective management of interest income and expenses.
Book Value and Tangible Book Value Growth
Book value and tangible book value grew by 4.4% and 4.7% respectively over the prior quarter, and by 14.3% and 15.2% compared to the same period last year.
Strong Loan Growth in April
Loan growth in April exceeded $50 million, indicating strong demand and effective management of loan portfolios.
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 23, 2025 | $30.51 | $29.08 | -4.69% |
Jan 22, 2025 | $33.36 | $35.08 | +5.16% |
Oct 23, 2024 | $27.67 | $29.27 | +5.78% |
Jul 24, 2024 | $24.64 | $25.08 | +1.79% |
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 23, 2025, TBA Not Confirmed.
What is Third Coast Bancshares Inc (TCBX) earnings time?
Third Coast Bancshares Inc (TCBX) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TCBX EPS forecast?
TCBX EPS forecast for the fiscal quarter 2025 (Q2) is 0.76.