Third Coast Bancshares (TCBX) AI Stock Analysis

• Market Cap: $481.81M
• Dividend Yield: N/A
• Average Volume (3M): 57.09K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 1.09
• Revenue Growth: 15.07%
• EPS Growth: 53.76%
• Country: US
• Employees: 376
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.78
• Shares Outstanding: 13,833,289
• 10 Day Avg. Volume: 72,692
• 30 Day Avg. Volume: 57,086
• PEG Ratio: 1.93
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 12.40
• Enterprise Value/Market Cap: 1.16
• Enterprise Value/Revenue: 0.50
• Enterprise Value/Gross Profit: 1.92
• Enterprise Value/Ebitda: 5.28
• 1Y Price Target: $37.50
• Price Target Upside: 7.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 79 Outperform
• Price Target: $38.00 ▲(9.10%Upside)

Third Coast Bancshares exhibits strong financial health with consistent growth and effective management strategies. The stock's technical analysis points to positive momentum, although it may be approaching overbought levels. Valuation metrics suggest the stock is reasonably priced, with earnings call highlights reinforcing a positive outlook despite some operational challenges.

Third Coast Bancshares Business Overview & Revenue Model

Company Description

Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.

How the Company Makes Money

Third Coast Bancshares generates revenue primarily through interest income from its lending activities. This includes interest earned on loans such as commercial and industrial loans, real estate loans, and consumer loans. Additionally, the company earns non-interest income through fees and services associated with its deposit products, treasury management services, and other financial services. The bank also benefits from strategic partnerships and local market penetration, which enhance its ability to attract deposits and lend to a diversified client base. By maintaining a strong focus on local businesses and individuals, Third Coast Bancshares leverages its community relationships to drive growth and profitability.

Third Coast Bancshares Financial Statement Overview

Summary

Third Coast Bancshares shows strong revenue and net income growth, with a solid balance sheet marked by no debt in 2024. Positive cash flow indicates healthy operations, despite negative cash flows from investing due to substantial capital investments. Operational and capital structure improvements could enhance stability.

Income Statement

The company has demonstrated strong revenue growth, rising from $34.3M in 2019 to $328.4M in 2024. The Net Profit Margin is solid at 14.5% for 2024, showing efficient cost management. However, the EBIT margin has fluctuated, with a decrease in 2023, indicating some operational challenges.

Balance Sheet

The balance sheet is robust with no total debt in 2024, reflecting a strong equity position. The Equity Ratio is moderate, at 9.3%, which suggests a balanced approach to leveraging assets. However, the Stockholders' Equity has not grown proportionally to total assets, indicating potential capital structure issues.

Cash Flow

The Free Cash Flow has shown positive growth, with a significant increase from negative figures in previous years to $35.1M in 2024. The Operating Cash Flow to Net Income ratio is 0.74, indicating good cash generation relative to earnings. However, cash flow from investing activities remains negative, suggesting heavy investment or asset acquisition.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	328.36M	141.41M	122.34M	93.12M	69.19M
Gross Profit	328.36M	141.41M	122.34M	93.12M	69.19M
EBITDA	0.00	0.00	0.00	0.00	17.28M
Net Income	47.67M	33.40M	18.66M	11.42M	12.12M
Balance Sheet
Total Assets	4.94B	4.40B	3.77B	2.50B	1.87B
Cash, Cash Equivalents and Short-Term Investments	755.18M	411.85M	176.07M	353.30M	226.99M
Total Debt	132.53M	141.71M	129.43M	1.00M	33.88M
Total Liabilities	4.48B	3.98B	3.39B	1.44M	1.75B
Stockholders Equity	460.72M	411.97M	381.78M	299.01M	121.72M
Cash Flow
Free Cash Flow	33.37M	35.64M	9.60M	-1.04M	-5.01M
Operating Cash Flow	35.14M	39.08M	21.79M	4.58M	-3.65M
Investing Cash Flow	-520.93M	-529.53M	-1.24B	-500.06M	-500.01M
Financing Cash Flow	495.15M	570.29M	1.22B	618.94M	611.16M

Third Coast Bancshares Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 34.83
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TCBX, the sentiment is Positive. The current price of 34.83 is above the 20-day moving average (MA) of 32.21, above the 50-day MA of 31.34, and above the 200-day MA of 32.34, indicating a bullish trend. The MACD of 1.08 indicates Negative momentum. The RSI at 69.53 is Neutral, neither overbought nor oversold. The STOCH value of 90.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TCBX.

Third Coast Bancshares Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCBX	79 Outperform	$481.81M	13.21	11.27%	―	15.07%	53.76%
FBIZ	79 Outperform	$447.05M	9.77	14.36%	2.16%	12.02%	26.09%
NRIM	78 Outperform	$540.33M	13.00	16.22%	2.58%	23.96%	47.39%
COFS	67 Neutral	$448.93M	24.88	2.27%	3.71%	24.39%	-56.57%
Sector *	58 Neutral	HK$90.78B	5.10	-3.21%	5.32%	7.36%	-55.21%
FFIC	52 Neutral	$425.59M	16.43	-6.53%	6.98%	-5.55%	-242.39%
FFWM	52 Neutral	$452.30M	―	-8.68%	0.18%	3.61%	65.61%

Third Coast Bancshares Corporate Events

Third Coast Bancshares Declares Quarterly Cash Dividend

On June 26, 2025, Third Coast Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $17.0625 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend, payable on July 15, 2025, reflects the company’s ongoing commitment to providing returns to its shareholders and may impact its financial strategy and stakeholder relations.

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.

Third Coast Bancshares Announces New Share Repurchase Program

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.

Third Coast Bancshares Completes $150M Securitization Deal

On June 3, 2025, Third Coast Bank, a subsidiary of Third Coast Bancshares, Inc., entered into a $150 million securitization transaction involving commercial real estate loans. This transaction, sponsored by EJF Capital LLC, is expected to reduce the Bank’s risk-weighted assets and loan concentration risk, while diversifying its loan portfolio. The transaction highlights the Bank’s strategic efforts to enhance its financial stability and operational efficiency.

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.

Third Coast Bancshares Holds Annual Shareholder Meeting

On May 22, 2025, Third Coast Bancshares, Inc. held its Annual Meeting of Shareholders, where key decisions were made regarding the company’s governance and financial oversight. The shareholders elected new members to the board of directors across different classes, with terms extending to the 2026, 2027, and 2028 annual meetings, respectively. Additionally, the shareholders ratified the appointment of Whitley Penn LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (TCBX) stock is a Hold 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.