Third Coast Bancshares (TCBX) to Announce Earnings on Wednesday

Third Coast Bancshares (NASDAQ:TCBXGet Free Report) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to post earnings of $0.88 per share and revenue of $62.7540 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Third Coast Bancshares Price Performance

Shares of NASDAQ:TCBX opened at $40.64 on Monday. Third Coast Bancshares has a one year low of $33.95 and a one year high of $43.84. The company has a 50 day moving average of $39.14 and a 200-day moving average of $39.36. The stock has a market cap of $674.32 million, a price-to-earnings ratio of 12.43 and a beta of 0.33.

Third Coast Bancshares declared that its Board of Directors has authorized a stock buyback plan on Thursday, July 2nd that allows the company to repurchase $30.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TCBX. Raymond James Financial raised shares of Third Coast Bancshares from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research note on Tuesday, April 7th. Zacks Research downgraded Third Coast Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Stephens reduced their price target on Third Coast Bancshares from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, April 24th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

Read Our Latest Stock Analysis on TCBX

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TCBX. XTX Topco Ltd acquired a new stake in Third Coast Bancshares in the fourth quarter worth $237,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Third Coast Bancshares during the fourth quarter worth $246,000. Engineers Gate Manager LP acquired a new position in shares of Third Coast Bancshares in the 4th quarter valued at $265,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Third Coast Bancshares by 12.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,674 shares of the company’s stock valued at $292,000 after buying an additional 838 shares during the period. Finally, Occudo Quantitative Strategies LP bought a new stake in shares of Third Coast Bancshares in the 3rd quarter valued at $277,000. Institutional investors and hedge funds own 36.88% of the company’s stock.

Third Coast Bancshares Company Profile

(Get Free Report)

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.

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Earnings History for Third Coast Bancshares (NASDAQ:TCBX)

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