NASDAQ:TCBX

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

$21.25
-0.27 (-1.25%)
(As of 11:09 AM ET)
Today's Range
$21.23
$21.57
50-Day Range
$18.23
$21.52
52-Week Range
$14.09
$21.88
Volume
3,874 shs
Average Volume
30,954 shs
Market Capitalization
$289.21 million
P/E Ratio
10.47
Dividend Yield
N/A
Price Target
$22.67

Third Coast Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
6.7% Upside
$22.67 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.86%
From $2.22 to $2.35 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.

1.04 out of 5 stars

Finance Sector

772nd out of 868 stocks

Savings Institutions, Except Federal Industry

13th out of 17 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

Do This Today BEFORE Biden Wins in November
Discover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).
Q1 2024 Third Coast Bancshares Inc Earnings Call
Do This Today BEFORE Biden Wins in November
Discover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).
Q4 2023 Third Coast Bancshares Inc Earnings Call
Third Coast Bancshares's Earnings Outlook
See More Headlines
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Company Calendar

Today
5/10/2024
Next Earnings (Estimated)
7/24/2024
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
+5.3%
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
$274.75 million
Cash Flow
$2.35 per share
Book Value
$30.28 per share

Miscellaneous

Free Float
12,328,000
Market Cap
$292.89 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 research analysts have issued 12-month target prices for Third Coast Bancshares' stock. Their TCBX share price targets range from $20.00 to $26.00. On average, they expect the company's share price to reach $22.67 in the next year. This suggests a possible upside of 6.7% 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 shares have increased by 6.9% and is now trading at $21.25.
View the best growth stocks for 2024 here
.

Are investors shorting Third Coast Bancshares?

Third Coast Bancshares saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 98,800 shares, an increase of 86.8% from the April 15th total of 52,900 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is currently 3.0 days. Approximately 0.9% of the company's shares are sold short.
View Third Coast Bancshares' Short Interest
.

When is Third Coast Bancshares' next earnings date?

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

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 a price of $24.00-$26.00 per share.

Who are Third Coast Bancshares' major shareholders?

Third Coast Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Salzhauer Michael (0.28%), Empowered Funds LLC (0.18%) and Russell Investments Group Ltd. (0.01%). 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 5/10/2024 by MarketBeat.com Staff

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