Third Coast Bancshares, Inc. logo TCBX - Third Coast Bancshares, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 3
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $45.00 DETAILS
HIGH: $45.00
LOW: $45.00
MEDIAN: $45.00
CONSENSUS: $45.00
UPSIDE: 18.17%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 101.4 96.4 96.1 90.9 83.6 88.2 85.0 83.9 81.0 79.1 71.0 64.7 59.3 52.8 45.4 33.1 28.6 28.4 24.9 24.9 25.0 23.2 19.7 17.8 13.6
Cost of Revenue 44.3 39.9 44.4 41.4 38.4 43.3 43.4 44.3 42.4 40.8 36.7 30.0 25.7 20.9 14.6 8.1 6.0 8.1 4.7 2.7 4.4 8.2 3.5 0 0
Gross Profit 57.1 56.5 51.7 49.5 45.2 45.0 41.6 39.6 38.6 38.3 34.2 34.7 33.6 31.8 30.7 25.0 22.6 20.3 20.1 22.2 20.6 15.1 16.1 17.8 13.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 25.4 21.8 20.1 18.7 18.8 17.5 16.1 16.3 16.9 16.7 17.9 15.8 14.4 15.1 15.2 14.5 13.8 14.7 12.6 12.9 10.4 6.2 7.3 3.7 1.3
Other Expenses 12.7 10.8 8.8 9.7 9.1 9.5 9.2 9.0 8.8 9.5 9.4 7.7 7.7 7.4 7.3 7.7 6.2 5.1 4.6 4.7 3.8 5.4 3.6 9.5 7.6
Operating Expenses 38.1 32.7 28.9 28.4 27.8 27.0 25.3 25.4 25.7 26.3 27.2 23.5 22.1 22.5 22.4 22.1 19.9 19.8 17.1 17.6 14.1 11.6 10.9 13.2 8.8
Operating Income
Operating Income 19.0 23.8 22.8 21.0 17.3 17.9 16.3 14.2 12.9 12.0 7.0 11.1 11.5 9.3 8.3 2.9 2.7 0.5 3.0 4.5 6.5 3.5 5.2 4.6 4.8
Interest Expense 43.7 39.9 41.7 39.3 38.0 42.1 42.3 42.4 40.8 39.7 34.1 28.6 24.5 19 11.7 4.8 2.0 2.0 2.4 2.7 2.9 3.2 3.5 0 0
Interest Income 97.4 92.1 92.5 88.7 80.8 85.5 82.7 81.2 78.9 77.1 69.4 62.7 57.4 51.2 43.1 32.5 27.2 26.7 24.4 23.9 25.6 22.9 19.2 0 0
Profitability
EBITDA 20.6 25.3 24.0 22.2 18.5 24.5 15.3 15.4 14.0 11.5 6.8 11.2 11.7 9.5 7.7 3.2 2.3 16.4 3.2 4.9 6.5 0.2 3.8 0 0
EBIT 19.0 23.8 22.8 21.0 17.3 17.9 16.3 14.2 12.9 12.0 7.0 11.1 11.5 9.3 8.3 2.9 2.7 0.5 3.0 4.5 6.5 3.5 5.2 0 0
Income Before Tax 19.0 21.5 22.8 21.0 17.3 17.9 16.3 14.2 12.9 12.0 7.0 11.1 11.5 9.3 8.3 2.9 2.7 0.5 3.0 4.5 6.5 3.5 5.2 3.2 3.7
Income Tax Expense 2.6 3.6 4.8 4.3 3.8 4.2 3.5 3.4 2.6 2.3 1.4 2.2 2.2 1.8 1.5 0.6 0.6 0.1 0.6 1.0 1.4 0.9 1.1 0.7 0.8
Net Income 16.4 17.9 18.1 16.7 13.6 13.7 12.8 10.8 10.4 9.7 5.6 8.9 9.2 7.5 6.8 2.3 2.1 0.4 2.4 3.6 5.1 2.5 4.1 2.5 2.9
Per Share Data
EPS (Basic) 1.03 1.21 1.22 1.12 0.90 0.92 0.85 0.70 0.68 0.62 0.32 0.57 0.60 0.45 0.50 0.17 0.16 0.04 0.29 0.44 0.63 0.35 0.51 0.39 0.47
EPS (Diluted) 1.00 1.02 1.03 0.89 0.71 0.72 0.67 0.56 0.54 0.50 0.32 0.53 0.55 0.44 0.49 0.16 0.15 0.03 0.28 0.42 0.60 0.20 0.49 0.39 0.47
Shares Outstanding 13.8 13.8 14.8 13.8 13.8 13.7 13.7 13.7 13.6 13.6 13.6 13.6 13.5 13.5 13.5 13.5 13.4 8.0 8.1 8.1 8.1 7.2 8.1 6.4 6.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 425.4 175.5 116.6 113.4 219.3 371.5 258.2 242.2 367.8 296.9 142.1 244.8 309.2 329.9 216.8 317.6 369.9 326.9 360.0 352.7 238.8 201.4
Short-Term Investments 309.3 223.9 383.3 217.9 252.7 384.0 292.1 286.2 246.3 178.1 201.0 194.5 180.4 176.1 160.4 157.3 126.2 26.4 26.4 26.0 0 25.6
Net Receivables 31.4 29.2 29.5 27.7 26.8 25.8 26.1 27.5 25.8 23.1 22.8 19.6 19.0 18.3 16.2 12.6 12.6 10.2 10.2 11.3 0 13.7
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 766.1 428.6 529.5 359.1 498.8 781.4 576.8 555.8 639.9 498.1 366.0 458.9 508.6 524.3 393.4 487.4 508.8 363.5 396.7 390.0 238.8 240.7
Non-Current Assets
Property, Plant & Equipment 58.2 41.9 42.4 43.7 45.0 46.1 47.1 48.6 47.6 50.0 50.2 50.5 47.8 46.5 25.4 22.9 20.8 19.0 18.4 15.9 15.2 15.2
Goodwill 46.4 18.7 0 18.8 18.8 18.8 18.9 18.9 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0 18.0
Intangible Assets 8.5 0 18.7 0 0 0 0 0 0.9 1.0 1.0 1.1 1.1 1.1 1.2 1.2 1.3 1.3 1.3 1.4 1.4 1.5
Long-Term Investments 5,542.7 4,704.6 4,350.9 4,405.4 4,111.3 3,932.6 3,855.9 3,727.7 3,719.1 3,610.6 3,532.8 3,306.4 3,186.2 3,086.4 2,943.7 2,722.5 2,424.6 2,049.8 1,596.8 1,538.3 0 1,546.5
Other Non-Current Assets 152.8 140.5 113.2 108.2 213.8 152.1 120.4 114.1 226.2 209.1 239.5 120.8 90.8 90.5 126.9 98.8 62.6 43.6 46.5 45.9 1,760.4 41.5
Total Non-Current Assets 5,816.0 4,912.1 4,532.3 4,584.7 4,398.1 4,161.1 4,051.0 3,918.3 4,020.5 3,897.9 3,849.8 3,504.6 3,351.1 3,248.9 3,123.4 2,870.6 2,531.6 2,135.9 1,685.5 1,623.3 1,795.0 1,626.6
Total Assets 6,582.1 5,340.8 5,061.8 4,943.8 4,897.0 4,942.4 4,627.8 4,474.1 4,660.4 4,396.1 4,215.8 3,963.5 3,859.7 3,773.1 3,516.8 3,358.1 3,040.4 2,499.4 2,082.2 2,013.3 2,033.8 1,867.3
Current Liabilities
Account Payables 7.2 6.0 7.2 6.7 7.0 6.3 7.3 5.7 3.9 4.8 4.3 3.5 1.6 2.5 2.9 1.7 0.4 0.4 0.5 0.9 0 1.2
Short-Term Debt 57.9 37.9 32.9 30.9 30.9 30.9 31.9 36.9 43.9 38.9 35.9 30.9 30.9 30.9 30.9 30.9 1 1 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 5,715.1 4,626.9 4,372.7 4,280.9 4,248.5 4,310.5 3,994.4 3,855.6 4,050.7 3,803.1 3,646.8 3,408.3 3,322.5 3,236.1 2,984.3 2,898.3 2,587.2 2,141.2 1,816.0 1,783.3 0 1,633.8
Total Current Liabilities 5,780.2 4,670.7 4,412.8 4,318.4 4,286.5 4,347.7 4,033.6 3,898.1 4,098.5 3,846.8 3,687.0 3,442.7 3,355.0 3,269.6 3,018.1 2,930.8 2,588.6 2,142.6 1,816.4 1,784.1 0.9 1,635.0
Non-Current Liabilities
Long-Term Debt 81.0 81.0 80.9 80.9 80.8 80.8 80.7 80.7 80.6 80.6 80.5 80.5 80.4 80.3 80.3 80.4 80.5 0 1 33.5 81.5 33.9
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 51.7 39.9 35.6 28.5 29.5 32.4 41.5 38.4 36.1 34.5 26.0 22.0 17.3 23.2 42.1 44.9 70.1 57.8 58.5 57.8 1,825.9 76.7
Total Non-Current Liabilities 151.4 139.0 135.2 129.2 130.7 134.1 143.6 141.0 138.3 137.3 128.4 124.9 117.6 121.8 122.4 125.3 150.6 57.8 59.5 91.3 1,906.5 110.5
Total Liabilities 5,931.5 4,809.7 4,548.0 4,447.7 4,417.2 4,481.7 4,177.2 4,039.1 4,236.8 3,984.1 3,815.5 3,567.5 3,472.6 3,391.4 3,140.5 3,056.1 2,739.2 2,200.4 1,876.0 1,875.5 1,907.4 1,745.6
Stockholders' Equity
Common Stock 16.6 14.0 14.0 13.9 13.9 13.8 13.7 13.7 13.7 13.7 13.7 13.7 13.7 13.6 13.6 13.5 13.5 13.5 9.4 6.6 6.4 6.3
Retained Earnings 198.4 183.2 166.5 149.7 134.1 121.7 109.2 97.6 88.0 78.8 70.3 65.9 58.2 53.3 47.2 40.4 38.1 36.0 35.7 33.3 29.7 24.6
Accumulated Other Comprehensive Income 7.7 10.9 10.9 10.6 10.3 4.5 7.8 4.2 2.9 0.9 (1.7) (1.4) (2.1) (2.1) (1.2) (1.3) 0.9 1.4 1.4 1.0 (1.0) 0.3
Total Stockholders' Equity 650.5 531.0 513.8 496.1 479.8 460.7 450.5 435.0 423.6 412.0 400.3 395.9 387.0 381.8 376.4 302.0 301.2 299.0 206.2 137.8 126.4 121.7
Total Liabilities & Equity 6,582.1 5,340.8 5,061.8 4,943.8 4,897.0 4,942.4 4,627.8 4,474.1 4,660.4 4,396.1 4,215.8 3,963.5 3,859.7 3,773.1 3,516.8 3,358.1 3,040.4 2,499.4 2,082.2 2,013.3 2,033.8 1,867.3
Debt Metrics
Total Debt 157.6 137.0 132.5 131.6 132.1 132.5 134.0 139.4 146.1 141.7 138.3 133.8 131.1 129.4 111.2 111.2 81.5 1 1 33.5 81.5 33.9
Net Debt (267.9) (38.5) 15.9 18.2 (87.2) (239.0) (124.5) (102.7) (221.7) (155.2) (3.8) (111.0) (178.0) (200.4) (105.6) (206.4) (288.4) (325.9) (359.0) (319.2) (157.3) (167.5)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income 16.4 17.9 18.1 16.7 13.6 13.7 12.8 10.8 10.4 9.7 5.6 8.9 9.2 7.5 6.8 2.3 2.1 0.4 2.4 3.6 5.1 2.5 4.1 2.5 2.9
Depreciation & Amortization 0 1.2 1.2 1.2 1.2 6.6 (1.0) (2.0) 1.1 (0.5) (0.3) 0.1 0.2 0.2 (0.6) 0.3 (0.4) 15.9 0.2 0.3 0.1 (3.3) (1.5) (5.5) 0.1
Stock-Based Compensation 0 0.5 0.4 0.4 0.3 0.5 0.5 0.4 0.4 0.5 0.4 0.4 0.4 0.3 0.4 0.3 0.3 0.3 0.2 0.1 0.1 0.1 0.1 0.1 0.1
Change in Working Capital (51.9) (6.9) 1.9 (1.1) (2.2) (13.0) 9.3 (2.7) (0.8) 9.2 (3.3) 1.9 (2.6) (5.6) 3.3 0.5 (3.5) (1.7) 3.0 (1.2) 0.9 1.1 (7.3) (1.8) (1.5)
Other Non-Cash Items (3.2) (7.4) (2.4) (3.8) (3.1) (9.4) 1.1 1.4 (1.6) 0.2 1.1 (0.8) 0.8 1.7 1.7 0.7 2.4 (13.8) (2.1) (5.3) (3.6) 3.0 0.2 1.5 1.0
Operating Cash Flow (38.7) 5.7 20.7 13.9 10.5 (3.6) 22.0 7.3 9.4 17.5 3.1 10.5 8.0 6.2 10.6 4.2 0.9 1.5 2.9 (2.4) 2.6 1.7 (4.7) (3.2) 2.5
Investing Activities
Capital Expenditure (14.1) (1.1) (0.8) (0.3) (0.5) (0.6) (0.1) (1.1) 0 (0.4) (1.2) (1.1) (0.7) (4) (3.2) (2.6) (2.3) (1.2) (3.0) (1.1) (0.4) (0.3) (0.5) (0.2) (0.3)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) (0.0) 16.2
Purchases of Investments 0 (54.7) (5,111.8) (227.9) (31.7) (1,710.5) (633.7) (1,857.0) (77.0) (1,373.6) (11.8) (1,722.4) (10.2) (405.5) (1,618.8) (37.9) (104.9) (1,497.6) (497.9) (4.6) (0.0) (1,912.9) (12.2) 0 0
Sales/Maturities of Investments 0 73.4 5,085.9 61.9 24.2 1,626.2 624.9 1,822.7 7.9 1,402.0 10.4 1,705.6 4.4 400.6 1,603.9 0.1 0.7 1,501.0 495.1 0.1 1.8 1,899.3 2.6 0 0
Other Investing Activities 25.7 (223.0) (82.8) (89.4) (31.6) (75.1) (129.1) (13.1) (105.4) (78.3) (224.4) (120.2) (107.7) (134.6) (229.8) (324.0) (377.0) (454.5) (56.3) 147.1 (128.5) 26.4 (14.8) (457.5) (45.7)
Investing Cash Flow 25.7 (205.5) (109.5) (255.6) (39.6) (160.0) (138.1) (48.4) (174.5) (50.3) (226.9) (138.0) (114.2) (143.6) (248.0) (364.5) (483.5) (452.3) (62.1) 141.5 (127.1) 12.5 (25.0) (457.7) (29.8)
Financing Activities
Net Debt Issuance 20 5 2 0 0 (1) (5) (7) 5 3 5 0 0 (0.0) (18.1) (2.3) 80.5 (0.2) (32.2) 0 (20.4) 9.6 14.6 (0.4) 19.6
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1) 0 0 0 0 0.0 (0.0) (0.0)
Dividends Paid (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) (1.2) 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 243.9 254.1 91.9 32.3 (62.0) 316.4 138.7 (195.1) 247.5 156.3 238.5 85.8 86.4 251.6 153.2 311.5 446.4 325.6 33.2 (24.1) 180.2 76.0 (68.2) 505.3 54.0
Financing Cash Flow 263.0 257.9 92.8 31.3 (62.7) 314.3 132.6 (203.3) 251.5 158.1 242.3 84.6 85.2 251.6 135.1 309.2 526.9 417.2 66 (24.1) 159.9 86.1 (53.5) 504.9 73.6
Cash Position
Net Change in Cash 250.1 58.2 4.1 (210.4) (91.8) 150.7 16.6 (244.4) 86.4 125.3 18.5 (42.9) (21.1) 114.2 (102.4) (51.1) 44.3 (33.6) 6.8 114.9 35.3 100.4 (83.2) 44.0 46.3
Cash at Beginning 181.2 123.0 119.0 329.4 421.2 270.5 253.9 498.3 411.8 286.5 268.0 310.9 332.0 217.8 320.2 371.3 327.0 360.6 353.8 238.8 203.6 103.2 186.4 142.4 96.1
Cash at End 431.3 181.2 123.0 119.0 329.4 421.2 270.5 253.9 498.3 411.8 286.5 268.0 310.9 332.0 217.8 320.2 371.3 327.0 360.6 353.8 238.8 203.6 103.2 186.4 142.4
Free Cash Flow (52.8) 4.6 19.9 13.6 10.0 (4.2) 21.9 6.2 9.4 17.1 1.9 9.4 7.3 2.2 7.3 1.5 (1.4) 0.3 (0.0) (3.5) 2.2 1.4 (5.2) (3.4) 2.2
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 101.4 96.4 96.1 90.9 83.6 88.2 85.0 83.9 81.0 79.1 71.0 64.7 59.3 52.8 45.4 33.1 28.6 28.4 24.9 24.9 25.0 23.2 19.7 17.8 13.6
Gross Profit 57.1 56.5 51.7 49.5 45.2 45.0 41.6 39.6 38.6 38.3 34.2 34.7 33.6 31.8 30.7 25.0 22.6 20.3 20.1 22.2 20.6 15.1 16.1 17.8 13.6
Operating Income 19.0 23.8 22.8 21.0 17.3 17.9 16.3 14.2 12.9 12.0 7.0 11.1 11.5 9.3 8.3 2.9 2.7 0.5 3.0 4.5 6.5 3.5 5.2 4.6 4.8
Net Income 16.4 17.9 18.1 16.7 13.6 13.7 12.8 10.8 10.4 9.7 5.6 8.9 9.2 7.5 6.8 2.3 2.1 0.4 2.4 3.6 5.1 2.5 4.1 2.5 2.9
EPS (Diluted) 1.00 1.02 1.03 0.89 0.71 0.72 0.67 0.56 0.54 0.50 0.32 0.53 0.55 0.44 0.49 0.16 0.15 0.03 0.28 0.42 0.60 0.20 0.49 0.39 0.47
Balance Sheet
Cash & Equivalents 425.4 175.5 116.6 113.4 219.3 371.5 258.2 242.2 367.8 296.9 142.1 244.8 309.2 329.9 216.8 317.6 369.9 326.9 360.0 352.7 238.8 201.4
Total Assets 6,582.1 5,340.8 5,061.8 4,943.8 4,897.0 4,942.4 4,627.8 4,474.1 4,660.4 4,396.1 4,215.8 3,963.5 3,859.7 3,773.1 3,516.8 3,358.1 3,040.4 2,499.4 2,082.2 2,013.3 2,033.8 1,867.3
Total Debt 157.6 137.0 132.5 131.6 132.1 132.5 134.0 139.4 146.1 141.7 138.3 133.8 131.1 129.4 111.2 111.2 81.5 1 1 33.5 81.5 33.9
Stockholders' Equity 650.5 531.0 513.8 496.1 479.8 460.7 450.5 435.0 423.6 412.0 400.3 395.9 387.0 381.8 376.4 302.0 301.2 299.0 206.2 137.8 126.4 121.7
Cash Flow
Operating Cash Flow (38.7) 5.7 20.7 13.9 10.5 (3.6) 22.0 7.3 9.4 17.5 3.1 10.5 8.0 6.2 10.6 4.2 0.9 1.5 2.9 (2.4) 2.6 1.7 (4.7) (3.2) 2.5
Capital Expenditure (14.1) (1.1) (0.8) (0.3) (0.5) (0.6) (0.1) (1.1) 0 (0.4) (1.2) (1.1) (0.7) (4) (3.2) (2.6) (2.3) (1.2) (3.0) (1.1) (0.4) (0.3) (0.5) (0.2) (0.3)
Free Cash Flow (52.8) 4.6 19.9 13.6 10.0 (4.2) 21.9 6.2 9.4 17.1 1.9 9.4 7.3 2.2 7.3 1.5 (1.4) 0.3 (0.0) (3.5) 2.2 1.4 (5.2) (3.4) 2.2