NASDAQ:TCBX Third Coast Bancshares (TCBX) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free TCBX Stock Alerts $20.02 +0.17 (+0.86%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$19.74▼$20.1150-Day Range$18.81▼$20.1252-Week Range$12.31▼$21.50Volume45,391 shsAverage Volume41,122 shsMarket Capitalization$272.41 millionP/E Ratio10.16Dividend YieldN/APrice Target$22.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Third Coast Bancshares alerts: Email Address Third Coast Bancshares MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.2% Upside$22.67 Price TargetShort InterestHealthy0.55% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.80%From $2.06 to $2.20 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector574th out of 872 stocksSavings Institutions, Except Federal Industry9th out of 18 stocks 2.5 Analyst's Opinion Consensus RatingThird Coast Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.67, Third Coast Bancshares has a forecasted upside of 13.2% from its current price of $20.02.Amount of Analyst CoverageThird Coast Bancshares has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.55% of the float of Third Coast Bancshares has been sold short.Short Interest Ratio / Days to CoverThird Coast Bancshares has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Third Coast Bancshares has recently increased by 20.49%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldThird Coast Bancshares does not currently pay a dividend.Dividend GrowthThird Coast Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Third Coast Bancshares is 856.35%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Third Coast Bancshares will have a dividend payout ratio of 766.82% in the coming year. This indicates that Third Coast Bancshares may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCBX. Previous Next 3.9 News and Social Media Coverage News SentimentThird Coast Bancshares has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Third Coast Bancshares this week, compared to 1 article on an average week.Search Interest5 people have searched for TCBX on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows6 people have added Third Coast Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Third Coast Bancshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.40% of the stock of Third Coast Bancshares is held by insiders.Percentage Held by InstitutionsOnly 36.88% of the stock of Third Coast Bancshares is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Third Coast Bancshares are expected to grow by 6.80% in the coming year, from $2.06 to $2.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Third Coast Bancshares is 10.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Third Coast Bancshares is 10.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.66.Price to Book Value per Share RatioThird Coast Bancshares has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIWarning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…Watch the presentation here 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.Read More TCBX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TCBX Stock News HeadlinesMarch 25, 2024 | finance.yahoo.comThird Coast Bancshares Insiders Added US$696.6k Of Stock To Their HoldingsMarch 15, 2024 | bizjournals.comThird Coast Bank converts state charter to expand commercial loan portfolioMarch 29, 2024 | Gold Safe Exchange (Ad)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.March 14, 2024 | prnewswire.comThird Coast Announces Conversion to State-Chartered BankMarch 6, 2024 | bizjournals.comThird Coast Bancshares promotes two C-level executives to drive growthMarch 4, 2024 | prnewswire.comThird Coast Announces Organizational Changes to Drive Future GrowthFebruary 24, 2024 | msn.comThird Coast Bancshares (TCBX) Price Target Increased by 8.33% to 23.87February 23, 2024 | benzinga.comThird Coast Bancshares Stock (NASDAQ:TCBX), Quotes and News SummaryMarch 29, 2024 | DTI (Ad)the most reliable asset on earth is making a comebackGlobal 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.February 10, 2024 | finance.yahoo.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) most popular amongst retail investors who own 54% of the shares, institutions hold 39%January 27, 2024 | finance.yahoo.comQ4 2023 Third Coast Bancshares Inc Earnings CallJanuary 27, 2024 | finance.yahoo.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) Q4 2023 Earnings Call TranscriptJanuary 25, 2024 | finance.yahoo.comTHIRD COAST BANCSHARES, INC. REPORTS RECORD 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTSJanuary 25, 2024 | finance.yahoo.comThird Coast Bancshares Inc (TCBX) Reports Record 2023 Earnings, Net Income Surges 79%January 25, 2024 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Q4 Earnings and Revenues Top EstimatesJanuary 24, 2024 | benzinga.comThird Coast Bancshares's Earnings OutlookJanuary 20, 2024 | seekingalpha.comTCBX Third Coast Bancshares, Inc.January 6, 2024 | markets.businessinsider.comThird Coast Bancshares Inc Registered Shs hosts conference call for investorsJanuary 5, 2024 | finance.yahoo.comDo Third Coast Bancshares' (NASDAQ:TCBX) Earnings Warrant Your Attention?January 4, 2024 | finance.yahoo.comThird Coast Bancshares, Inc. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call ScheduleDecember 27, 2023 | benzinga.comThird Coast Bancshares Stock (NASDAQ:TCBX), Short Interest ReportNovember 5, 2023 | morningstar.comThird Coast Bancshares Inc TCBXOctober 29, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) Q3 2023 Earnings Call TranscriptOctober 28, 2023 | msn.comRaymond James Maintains Third Coast Bancshares (TCBX) Outperform RecommendationOctober 28, 2023 | markets.businessinsider.comAnalysts’ Top Financial Picks: Third Coast Bancshares (TCBX), GooseHead Insurance (GSHD)October 26, 2023 | finance.yahoo.comDown -10.95% in 4 Weeks, Here's Why Third Coast Bancshares, Inc. (TCBX) Looks Ripe for a TurnaroundOctober 26, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Lags Q3 Earnings EstimatesSee More Headlines Receive TCBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Third Coast Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Today3/29/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Savings institutions, except federal Sub-IndustryN/A Current SymbolNASDAQ:TCBX CUSIPN/A CIK1781730 Webwww.tcbssb.com Phone281-446-7000FaxN/AEmployees365Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.97 Trailing P/E Ratio10.16 Forward P/E Ratio9.72 P/E GrowthN/ANet Income$33.40 million Net Margins12.16% Pretax Margin15.15% Return on Equity8.38% Return on Assets0.81% Debt Debt-to-Equity RatioN/A Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$147.06 million Price / Sales1.85 Cash Flow$2.30 per share Price / Cash Flow8.69 Book Value$30.28 per share Price / Book0.66Miscellaneous Outstanding Shares13,607,000Free Float12,328,000Market Cap$272.41 million OptionableNot Optionable Beta0.64 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Bart O. Caraway CPA (Age 52)Chairman, President & CEO Comp: $1.28MMr. R. John McWhorter (Age 59)Chief Financial Officer Comp: $685.34kMs. Audrey A. Duncan (Age 59)Senior EVP & Chief Credit Officer Comp: $602.56kMs. Vicki Alexander (Age 57)Executive VP and Chief Risk & Operations Officer Ms. Liz EberChief Legal OfficerMr. William Bobbora (Age 55)Executive VP & Chief Banking Officer Mr. Andrew NovariniExecutive VP & President of Community BankingMr. Christopher S. Peacock (Age 59)Executive VP & Chief Retail Officer Ms. Sarah NathoTreasurerJo Ann DeanSecretaryMore ExecutivesKey CompetitorsFS BancorpNASDAQ:FSBWBlue Foundry BancorpNASDAQ:BLFYHome BancorpNASDAQ:HBCPNortheast Community BancorpNASDAQ:NECBTimberland BancorpNASDAQ:TSBKView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 20,530 shares on 3/25/2024Ownership: 0.151%Vanguard Group Inc.Bought 5,182 shares on 3/11/2024Ownership: 4.635%Vanguard Group Inc.Bought 5,182 shares on 2/15/2024Ownership: 4.638%BHZ Capital Management LPSold 5,034 shares on 2/15/2024Ownership: 0.657%Nuveen Asset Management LLCBought 6,549 shares on 2/15/2024Ownership: 0.181%View All Insider TransactionsView All Institutional Transactions 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 From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Third Coast Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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