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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:TCBX

Third Coast Bancshares (TCBX) Stock Price, News & Analysis

$20.02
+0.17 (+0.86%)
(As of 03/28/2024 ET)
Today's Range
$19.74
$20.11
50-Day Range
$18.81
$20.12
52-Week Range
$12.31
$21.50
Volume
45,391 shs
Average Volume
41,122 shs
Market Capitalization
$272.41 million
P/E Ratio
10.16
Dividend Yield
N/A
Price Target
$22.67

Third Coast Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.2% Upside
$22.67 Price Target
Short Interest
Healthy
0.55% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.94mentions of Third Coast Bancshares in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.80%
From $2.06 to $2.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.55 out of 5 stars

Finance Sector

574th out of 872 stocks

Savings Institutions, Except Federal Industry

9th out of 18 stocks

TCBX stock logo

About Third Coast Bancshares Stock (NASDAQ:TCBX)

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, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, commercial and residential real estate, and construction, development, and other loans. In addition, the company provides retail and commercial online banking platforms, mobile banking apps, mortgage, treasury management solutions, merchant card services, and customer digital solutions, as well as debit and credit cards. Third Coast Bancshares, Inc. was founded in 2008 and is headquartered in Humble, Texas.

TCBX Stock Price History

TCBX Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
the most reliable asset on earth is making a comeback
Global tensions have been pushing the price of gold to all time highs… Just recently, gold peaked at a record $2,000 (and is now closer to $2,200). And there’s something else critical at play right now in the world’s largest asset. Because of these critical factors, a lot of massive investment institutions are now pumping more money into gold. And as we speak, some are even calling for a massive rally in the precious metal.
Q4 2023 Third Coast Bancshares Inc Earnings Call
Third Coast Bancshares's Earnings Outlook
TCBX Third Coast Bancshares, Inc.
Third Coast Bancshares Inc TCBX
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
3/29/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Savings institutions, except federal
Sub-Industry
N/A
Current Symbol
NASDAQ:TCBX
Fax
N/A
Employees
365
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.67
High Stock Price Target
$26.00
Low Stock Price Target
$20.00
Potential Upside/Downside
+13.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$33.40 million
Pretax Margin
15.15%

Debt

Sales & Book Value

Annual Sales
$147.06 million
Cash Flow
$2.30 per share
Book Value
$30.28 per share

Miscellaneous

Free Float
12,328,000
Market Cap
$272.41 million
Optionable
Not Optionable
Beta
0.64
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Key Executives

  • Mr. Bart O. Caraway CPA (Age 52)
    Chairman, President & CEO
    Comp: $1.28M
  • Mr. R. John McWhorter (Age 59)
    Chief Financial Officer
    Comp: $685.34k
  • Ms. Audrey A. Duncan (Age 59)
    Senior EVP & Chief Credit Officer
    Comp: $602.56k
  • Ms. Vicki Alexander (Age 57)
    Executive VP and Chief Risk & Operations Officer
  • Ms. Liz Eber
    Chief Legal Officer
  • Mr. William Bobbora (Age 55)
    Executive VP & Chief Banking Officer
  • Mr. Andrew Novarini
    Executive VP & President of Community Banking
  • Mr. Christopher S. Peacock (Age 59)
    Executive VP & Chief Retail Officer
  • Ms. Sarah Natho
    Treasurer
  • Jo Ann Dean
    Secretary

TCBX Stock Analysis - Frequently Asked Questions

Should I buy or sell Third Coast Bancshares stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Third Coast Bancshares in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TCBX shares.
View TCBX analyst ratings
or view top-rated stocks.

What is Third Coast Bancshares' stock price target for 2024?

3 Wall Street analysts have issued 1 year target prices for Third Coast Bancshares' shares. Their TCBX share price targets range from $20.00 to $26.00. On average, they anticipate the company's share price to reach $22.67 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price.
View analysts price targets for TCBX
or view top-rated stocks among Wall Street analysts.

How have TCBX shares performed in 2024?

Third Coast Bancshares' stock was trading at $19.87 at the start of the year. Since then, TCBX stock has increased by 0.8% and is now trading at $20.02.
View the best growth stocks for 2024 here
.

When is Third Coast Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our TCBX earnings forecast
.

How were Third Coast Bancshares' earnings last quarter?

Third Coast Bancshares, Inc. (NASDAQ:TCBX) released its quarterly earnings data on Thursday, January, 25th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.10. The company earned $39.49 million during the quarter, compared to analyst estimates of $37.74 million. Third Coast Bancshares had a net margin of 12.16% and a trailing twelve-month return on equity of 8.38%.

Is Third Coast Bancshares a good dividend stock?

Third Coast Bancshares (NASDAQ:TCBX) pays an annual dividend of $16.87 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 856.35%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TCBX will have a dividend payout ratio of 766.82% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TCBX.

When did Third Coast Bancshares IPO?

Third Coast Bancshares (TCBX) raised $88 million in an initial public offering on Tuesday, November 9th 2021. The company issued 3,500,000 shares at $24.00-$26.00 per share.

Who are Third Coast Bancshares' major shareholders?

Third Coast Bancshares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.64%), Vanguard Group Inc. (4.64%), Bridgeway Capital Management LLC (1.04%), Dimensional Fund Advisors LP (0.89%), Northern Trust Corp (0.83%) and BHZ Capital Management LP (0.66%). Insiders that own company stock include Audrey Duncan, Dennis Bonnen, Martin Basaldua, Michael Deckert, Richard J Mcwhorter, Vicki Alexander and William Bobbora.
View institutional ownership trends
.

How do I buy shares of Third Coast Bancshares?

Shares of TCBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TCBX) was last updated on 3/29/2024 by MarketBeat.com Staff

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