Third Coast Bancshares

Third Coast Bancshares, Inc. engages in operation of a bank holding company. It offers checking, loans, mortgage, and online banking. The company was founded in March 2008 and is headquartered in Humble, TX.

Earnings data Q3 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Third Coast Bancshares achieves record growth and outlines strategic priorities

Third Coast Bancshares reported strong financial performance in 2022, with record-level growth in key metrics and a clear strategic direction for 2023. Analyst inquiries during the earnings call highlighted positive trends in net interest margin, loan growth targets, and expense management strategies. The company's focus on asset quality, sustainable growth, and customer retention positions it well for future success.

Third Coast Bancshares excels in Q1 2023, eyes credit quality and fee income growth

Third Coast Bancshares delivered a strong performance in Q1 2023, showcasing growth in key financial metrics and a focus on credit quality. While challenges like moderate loan growth guidance exist, opportunities in enhancing credit performance and fee income growth are on the horizon.

Third Coast Bancshares excels in Q2, eyes sustained growth

Third Coast Bancshares demonstrated robust financial performance, strategic focus on growth, and proactive risk management in Q2 2023.
The company's strengths in credit quality management, expense control, and customer service innovation position it well for sustained success.
Challenges include maintaining growth momentum, managing expenses, and navigating interest rate impacts, while opportunities lie in continued growth and market expansion.

Third Coast Bancshares reports strong Q3 performance and eyes sustainable growth opportunities

Third Coast Bancshares demonstrated robust performance in Q3 with notable loan and deposit growth, strategic expense management, and a focus on asset quality.
While facing challenges in loan resolution timelines and nonaccrual increases, the company's strengths lie in credit performance, expense management, and capital monitoring.
Opportunities for future growth include navigating the interest rate environment, achieving self-funding, and maintaining a balance between loan growth and capital requirements.

Third Coast Bancshares achieves record earnings, eyes strategic growth in 2024

Third Coast Bancshares (TCBX) delivers strong financial performance in Q4 2023, driven by record net income and robust growth in net interest income.
The bank's strategic priorities and focus on operational efficiency position it well for sustained growth and competitive advantage.
While challenges like expense management and growth balance persist, Third Coast Bancshares remains confident in its ability to navigate 2024 successfully.

Third Coast Bancshares achieves record profits and targets sustainable growth

Third Coast Bancshares delivered a strong performance in Q1 2024, with record profits, solid credit quality, and a focus on operational excellence.
While challenges exist in external factors and operational complexities, the company's strengths in growth strategies and cost management position it well for future success.
Opportunities for expansion, innovation, and strategic initiatives present avenues for sustained growth and value creation for Third Coast Bancshares and its stakeholders.

Third Coast Bancshares reports robust Q2 earnings amidst growth strategies

Third Coast Bancshares' Q2 2024 earnings call highlighted improved profitability, strong financial performance, and proactive credit risk management strategies.
The company's focus on sustainable growth, operational excellence, and efficiency enhancements positions it well for future success in a competitive banking environment.
While challenges such as customer sentiments and expense management exist, opportunities in revenue diversification and market expansion present avenues for continued growth and value creation.

Third Coast Bancshares (TCBX) achieves record earnings and eyes Texas expansion

Third Coast Bancshares (TCBX) delivered a robust performance in Q3 2024, marked by record earnings, improved credit quality, and efficiency gains. The company's focus on loan growth, Texas market opportunities, and operational excellence positions it for sustained growth. TCBX faces challenges in managing asset exposure and balancing efficiency improvements with debt repayment strategies.

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HUMBLE, Texas--(BUSINESS WIRE)--Third Coast Bancshares, Inc. (NASDAQ: TCBX) (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced the closing of the sale of 525,000 shares of its common stock pursuant to the full exercise of the over-allotment option granted to the underwriters in connection with its previously announced initial public offering. Together with the 3,500,000 shares issued on November 12, 2021, Third Coast has issued a total of 4,025,000 shares of co

Third Coast Bancshares, Inc. Announces Closing of IPO Over-Allotment Option, Resulting in Gross Proceeds of $100.6 Million

HUMBLE, Texas--(BUSINESS WIRE)--Third Coast Bancshares, Inc. (NASDAQ: TCBX) (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced that it has completed the upsized initial public offering of 3,500,000 shares of its common stock at a public offering price of $25.00 per share, the midpoint of the preliminary price range, for aggregate gross proceeds of $87,500,000. Third Coast has also granted the underwriters a 30-day option to purchase up to an additional 525,000

Third Coast Bancshares, Inc. Announces Closing of Upsized Initial Public Offering of Common Stock

HUMBLE, Texas--(BUSINESS WIRE)--Third Coast Bancshares, Inc. (“Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced the pricing of the initial public offering of 3,500,000 shares of its common stock at a public offering price of $25.00 per share. Third Coast has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock. Third Coast's common stock is expected to begin trading on the NASDAQ Global Select Market u

Third Coast Bancshares, Inc. Announces Pricing of Initial Public Offering of Common Stock

News for Third Coast Bancshares Stock (TCBX)