NASDAQ:TCBX

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

$19.36
-0.30 (-1.53%)
(As of 11:27 AM ET)
Today's Range
$19.32
$19.58
50-Day Range
$18.23
$20.12
52-Week Range
$12.31
$21.50
Volume
6,246 shs
Average Volume
30,526 shs
Market Capitalization
$263.49 million
P/E Ratio
9.83
Dividend Yield
N/A
Price Target
$22.67

Third Coast Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.8% Upside
$22.67 Price Target
Short Interest
Healthy
0.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.15mentions 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.

3.02 out of 5 stars

Finance Sector

502nd out of 855 stocks

Savings Institutions, Except Federal Industry

10th 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

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Q4 2023 Third Coast Bancshares Inc Earnings Call
Third Coast Bancshares's Earnings Outlook
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See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Today
4/24/2024
Next Earnings (Confirmed)
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
+16.8%
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
$2.25 per share
Book Value
$30.28 per share

Miscellaneous

Free Float
12,328,000
Market Cap
$264.03 million
Optionable
Not Optionable
Beta
0.65
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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 equities research 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 equities research 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 equities research analysts have issued 1-year price targets for Third Coast Bancshares' shares. Their TCBX share price targets range from $20.00 to $26.00. On average, they predict the company's share price to reach $22.67 in the next year. This suggests a possible upside of 16.8% 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 on January 1st, 2024. Since then, TCBX shares have decreased by 2.4% and is now trading at $19.40.
View the best growth stocks for 2024 here
.

Are investors shorting Third Coast Bancshares?

Third Coast Bancshares saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 41,800 shares, a decrease of 34.2% from the March 15th total of 63,500 shares. Based on an average daily volume of 31,200 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are short sold.
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, April 24th 2024.
View our TCBX earnings forecast
.

How can I listen to Third Coast Bancshares' earnings call?

Third Coast Bancshares will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13744292#".

How were Third Coast Bancshares' earnings last quarter?

Third Coast Bancshares, Inc. (NASDAQ:TCBX) issued its quarterly earnings results on Thursday, January, 25th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.10. The company had revenue of $39.49 million for 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%.

When did Third Coast Bancshares IPO?

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

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 4/24/2024 by MarketBeat.com Staff

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