Third Coast Bancshares (NASDAQ:TCBX) Reaches New 52-Week High - Still a Buy?
Third Coast Bancshares (NASDAQ: TCBX) recently hit a new 52-week high of $46.25, trading above its 50-day and 200-day moving averages. Despite a "Moderate Buy" consensus rating from analysts, the average price target of $46.00 suggests limited upside. The company has also authorized a $30 million share repurchase program, indicating the board believes the shares are undervalued.
Third Coast Bancshares (NASDAQ:TCBX) Reaches New 1-Year High - Here's Why
Third Coast Bancshares (NASDAQ:TCBX) recently achieved a new 52-week high, trading up to $45.12 and closing at $44.97. Analyst sentiment for TCBX is positive, with a "Moderate Buy" consensus and an average price target of $46.00. The company also authorized a $30 million share repurchase program, indicating management's belief that the stock may be undervalued.
Third Coast Bancshares Inc (TCBX) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for Third Coast Bancshares Inc (TCBX), noting its current earnings forecast score of 7.50, ranking 130 out of 395 in the Banking Services industry. It highlights an average price target of $43.00, with analysts largely recommending a "Buy" trend. Key financial expectations include a projected revenue of $65.98M for the next quarter and an expected EPS of $0.98.
Third Coast Bancshares beats Q2 EPS expectations with $0.95, showing strong loan and deposit growth.
Third Coast Bancshares reported adjusted earnings per share of $0.95 for Q2 2026, surpassing expectations by $0.03. The bank experienced significant growth in both its loan and deposit portfolios, indicating positive momentum for the remainder of the year. Additionally, its net interest margin improved by 16 basis points from Q1 due to reduced deposit costs, supporting a continued Buy rating for the company.
Dimensional Fund Advisors LP Grows Stock Holdings in Third Coast Bancshares, Inc. $TCBX
Dimensional Fund Advisors LP increased its holdings in Third Coast Bancshares, Inc. (NASDAQ:TCBX) by 6.2% in the first quarter, now owning 472,808 shares valued at $17.9 million. Other institutional investors also adjusted their stakes, with hedge funds and institutional investors collectively owning 36.88% of the stock. Analysts have a "Moderate Buy" rating for TCBX, with a consensus price target of $46.00, and the company recently approved a $30 million stock buyback program.
BlackRock, Inc. Adds to Third Coast Bancshares Inc (TCBX) Stake -- Shares Trade 16% Above GF Value
BlackRock, Inc. has increased its stake in Third Coast Bancshares Inc (TCBX) by purchasing an additional 172,230 shares at $40.40 each, bringing its total holdings to 1,114,377 shares. This move, representing an 18.28% increase in BlackRock's position, highlights its confidence in the regional banking sector. TCBX, a regional bank operating in Texas, specializes in commercial banking solutions for small and medium-sized businesses and is currently trading at $44.27, which is 16% above its GF Value, indicating it is modestly overvalued.
Sei Investments Co. Boosts Stock Position in Third Coast Bancshares, Inc. $TCBX
Sei Investments Co. significantly increased its stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX) by 172.5% in the first quarter, bringing its total holdings to 178,570 shares valued at $6.76 million. Other institutional investors also raised their positions, with hedge funds and institutions collectively owning 36.88% of the company's stock. Analysts currently rate TCBX with a "Moderate Buy" consensus and an average price target of $46.00, while the company has also authorized a $30 million share repurchase program.
THIRD COAST BANCSHARES INC : KBW RAISES TARGET PRICE TO $48 FROM $45
KBW has increased its target price for Third Coast Bancshares Inc. (TCBX.N) from $45 to $48. This update reflects a positive adjustment in the analyst firm's outlook for the company's stock. The news was reported by Reuters.
BlackRock (TCBX holder) reports 1.11M Third Coast Bancshares shares in 13G/A
BlackRock, Inc. has filed an amended beneficial ownership report (SCHEDULE 13G/A) for Third Coast Bancshares, Inc. (TCBX), disclosing beneficial ownership of 1,114,377 shares, which represents 6.7% of the outstanding common stock. The filing indicates BlackRock has sole voting power over 1,096,723 shares and sole dispositive power over all 1,114,377 shares. No single underlying client or investor within BlackRock's managed funds owns more than five percent of Third Coast Bancshares' total outstanding common shares.
Third Coast Bancshares Repeat Insider Selling Not A Positive Indicator
This article analyzes recent insider selling activity at Third Coast Bancshares (NASDAQ: TCBX), noting a trend of more insider sales than purchases over the past year. While insider selling isn't always a bearish sign, repeated selling without corresponding purchases suggests that insiders may view the stock as fully valued or overvalued, warranting caution from investors. The article highlights specific insider transactions and the overall sentiment reflected by these activities.
Third Coast Bancshares (NASDAQ:TCBX) Reaches New 12-Month High - Still a Buy?
Third Coast Bancshares (NASDAQ:TCBX) recently hit a new 52-week high, trading at $44.10, driven by positive analyst sentiment, including a "Moderate Buy" average rating and a $45.00 average price target. The company also announced a $30 million share repurchase program, reflecting management's belief that the stock may be undervalued. Institutional investors hold a significant 36.88% of the stock, further underscoring investor confidence.
Third Coast Bancshares, Inc. Revenue Breakdown – BOATS:TCBX
Third Coast Bancshares, Inc. (TCBX) generated $208.87 million in revenue last year, primarily from its Banking and Related Activities segment. This represents an increase from the $171.38 million reported the previous year. All of the company's revenue originated from operations within the United States.
Third Coast's NYSE bell ceremony follows dual listing on NYSE Texas
Third Coast Bancshares (NYSE/NYSE Texas: TCBX) announced that its leadership, including Founder, Chairman, President, and CEO Bart Caraway, will ring the New York Stock Exchange Closing Bell on July 28, 2026, at 4:00 p.m. Eastern Time. This event signifies a major milestone for the company, following its transfer to the NYSE and dual listing on NYSE Texas in October 2025. The ceremony acknowledges the company's continuous growth, expanding presence in Texas, and dedication to creating long-term value for its stakeholders.
Third Coast Bancshares Inc (TCBX) Earnings Forecast: Future EPS & Revenue Growth Estimates
The article provides an earnings forecast for Third Coast Bancshares Inc (TCBX), noting its current earnings forecast score of 7.50, ranking 136th in the Banking Services industry. Analysts have set an average price target of $43.00 for TCBX, with a majority recommending a "Buy" trend. The expected revenue for the next quarter is $65.51 million, and the EPS for the next quarter is projected at $0.99.
TCBX|Third Coast Bancshares Inc|Price:43.499|Chg%:-0.151
Third Coast Bancshares Inc (TCBX) shows healthy fundamentals and high growth potential, despite being considered fairly valued within the Banking Services industry. The company has a high institutional ownership and analysts have rated it as a "Buy" with a target price of $44.00. While its stock has performed well recently, its underlying fundamentals and technicals do not fully support the current trend, indicating a sideways trading pattern.
Third Coast Bancshares Inc (TCBX) Shareholder Structure: Major Shareholders & Institutional Holdings
This article provides an overview of Third Coast Bancshares Inc (TCBX) shareholder structure, detailing major institutional holdings and shareholder types. It lists top shareholders like BlackRock and Vanguard, and categorizes investors into types such as Investment Advisors and Hedge Funds. The report also includes quarterly institutional shareholding data and recent shareholder activity, along with related ETF information.
TCBX|Third Coast Bancshares Inc|Price:42.750|Chg%:+0.400
Third Coast Bancshares Inc (TCBX) is a banking services company with healthy fundamentals and high growth potential, currently trading at $42.750. Despite its stock being considered fairly valued, analysts have rated it as "Buy" with a target price of $44.00, suggesting an upward trend in the medium term. The company also shows high institutional ownership and impressive revenue and net income growth over the past three years.
TCBX|Third Coast Bancshares Inc|Price:42.750|Chg%:+0.400
Third Coast Bancshares Inc. (TCBX) is a bank holding company primarily operating in Texas's major metropolitan areas through its subsidiary, Third Coast Bank. The company focuses on providing commercial banking solutions to small and medium-sized businesses and professionals, offering a range of traditional and digital banking services. Key executives and independent directors, including CEO Bart O. Caraway, hold significant shares in the company, and institutional ownership has increased in the first quarter of 2026.
Transcript: Third Coast Bancshares Q2 2026 Earnings Conference Call
Third Coast Bancshares reported strong Q2 2026 results, with net interest income up 12.4% to $60.3 million and diluted EPS reaching a record $1.08. The company saw significant loan and deposit growth, expanded its net interest margin to 3.83%, and improved its efficiency ratio. Management highlighted successful integration efforts, strong credit quality, and optimistic growth prospects, particularly in Texas markets.
Earnings call transcript: Third Coast Bancshares tops Q2 2026 estimates
Third Coast Bancshares reported strong second-quarter 2026 results, exceeding Wall Street's estimates with diluted earnings of $1.08 per share and revenue of $67.99 million. The Texas-based lender achieved record second-quarter performance driven by stronger net interest income, wider margins, and improved operating efficiency, along with solid loan and deposit growth. Management highlighted the successful execution of their long-term strategy, including the sale of Third Coast Commercial Capital assets, and expressed optimism for continued growth while maintaining disciplined credit standards.
Press Release: Third Coast Bancshares, Inc. Reports 2026 Second Quarter Financial Results
Third Coast Bancshares, Inc. (OTC: TCBX) announced its financial results for the second quarter of 2026. The report details the company's performance, including key financial metrics and highlights from the quarter. This release provides stakeholders with an update on the company's operational and financial standing.
Third Coast Bancshares Q2 Earnings Call Highlights
Third Coast Bancshares reported a strong second quarter with record diluted EPS, a 12.4% increase in net interest income to $60.3 million, and an expanded net interest margin of 3.83%. The company saw healthy loan and deposit growth, improved credit quality with non-performing loans falling to 0.55%, and enhanced efficiency, alongside the completion of the Third Coast Commercial Capital sale to simplify operations. Management remains optimistic for the second half of 2026, driven by strong customer activity and a resilient Texas economy.
Third Coast Bancshares (NASDAQ: TCBX) delivers record EPS and loan growth in Q2
Third Coast Bancshares (NASDAQ: TCBX) reported robust Q2 2026 financial results, achieving record diluted earnings per share of $1.08 and an increase in net income to $22.0 million. The company experienced strong loan growth, with gross loans reaching $5.44 billion, and a significant improvement in its net interest margin to 3.83%. These results, driven by effective expense management and solid credit performance, reflect the company's continued execution on its core strategy.
Third Coast Bancshares, Inc. Reports 2026 Second Quarter Financial Results
Third Coast Bancshares, Inc. (TCBX) announced strong second-quarter 2026 financial results, achieving record EPS, a significant increase in net interest income, and improved margin performance. The company reported net income of $22.0 million, or $1.08 per diluted share, and saw gross loans grow to $5.44 billion. These results reflect successful execution of its core strategy and disciplined expense management.
Third Coast Bancshares Releases Q2 2026 Financial Results
Third Coast Bancshares Inc. reported strong Q2 2026 financial results, with diluted EPS of $1.08, surpassing Wall Street estimates by 22.7%. The company's revenue reached $106.0 million, a 19.5% increase year-over-year, and net income was $22.0 million. This performance indicates effective growth in its core markets despite competitive pressures in the banking sector.
Third Coast Bancshares Reports Record Q2 2026 EPS With Strong Loan and Deposit Growth
Third Coast Bancshares announced record Q2 2026 diluted EPS of $1.08, driven by a 22.1% year-over-year increase in net interest income to $60.3 million. The company experienced significant growth with gross loans up 33.3% to $5.44 billion and deposits rising 36.8% to $5.86 billion, while also improving its efficiency ratio to 56.51%. A $3.5 million gain from the sale of Third Coast Commercial Capital assets further contributed to the strong financial performance.
TCBX Q2'26 Earnings: revenue estimate is 62.75M USD
Third Coast Bancshares, Inc. (TCBX) is scheduled to release its Q2'26 earnings on July 22, after market close, at 4:00 PM ET. The company anticipates a revenue of $62.75 million and an EPS of $0.90 for the quarter. This article provides a historical overview of reported and estimated revenue and EPS, along with the surprise percentages for previous quarters.
$27.5M asset sale reshapes Third Coast Bancshares’ factoring business
Third Coast Bancshares (NYSE: TCBX) announced the sale of substantially all assets of its subsidiary, Third Coast Commercial Capital (TCCC), to Gulf Coast Bank & Trust for approximately $27.5 million. This transaction resulted in a $3.5 million gain and includes a structured ongoing revenue share arrangement. Third Coast Bancshares will continue to offer factoring solutions through a strategic partnership with Gulf Coast while focusing on its core commercial banking, asset-based lending, and specialty lending platforms.
Press Release: Third Coast Bancshares, Inc. Announces Sale of Third Coast Commercial Capital, Inc. Assets
Third Coast Bancshares, Inc. announced the sale of the assets of its non-bank financial services subsidiary, Third Coast Commercial Capital, Inc., to an affiliate of SLR Business Credit. The transaction is expected to close on July 31, 2026, and is projected to result in an after-tax gain ranging from $5.2 million to $5.5 million. Following the sale, Third Coast Bancshares plans to evaluate options regarding the utilization of these proceeds, including share repurchases, and will continue to focus on its core banking operations.
Third Coast Bancshares Sells Commercial Capital Assets to Gulf Coast Bank
Third Coast Bancshares Inc. (NYSE: TCBX) has sold substantially all the assets of its factoring subsidiary, Third Coast Commercial Capital Inc. (TCCC), to Gulf Coast Bank & Trust Company for approximately $27.5 million, with an expected gain of $3.5 million. This strategic move aims to strengthen Third Coast's balance sheet and focus on core commercial lending, while maintaining factoring services through a partnership with Gulf Coast Bank. The transaction underscores Third Coast's strategy to optimize its balance sheet and reallocate capital to its commercial banking, asset-based lending, and specialty lending businesses in Texas.
Third Coast Bancshares sells factoring unit for $27.5M
Third Coast Bancshares, Inc. sold its factoring subsidiary, Third Coast Commercial Capital, Inc., to Gulf Coast Bank & Trust Company for approximately $27.5 million, resulting in a $3.5 million gain. The Houston-based company will maintain a strategic partnership with Gulf Coast and continue to focus on its core commercial banking, asset-based lending, and specialty lending platforms. This strategic move aims to monetize the existing portfolio while preserving a valuable ongoing relationship.
Third Coast sells commercial capital unit for $27.5 million
Third Coast Bancshares sold substantially all assets of its Third Coast Commercial Capital unit to Gulf Coast Bank & Trust for approximately $27.5 million, resulting in a $3.5 million gain. The transaction, which closed on June 25, 2026, allows Third Coast to continue offering factoring solutions through a strategic partnership while focusing on its core commercial banking operations. This sale aligns with the company's strategy to concentrate on core banking activities and asset-based lending.
Third Coast Bancshares closes sale of TCCC assets for $27.5M, records $3.5M gain
Third Coast Bancshares (TCBX) has completed the sale of substantially all assets of its Third Coast Commercial Capital division to Gulf Coast Bank & Trust for approximately $27.5 million. This transaction resulted in a $3.5 million gain for Third Coast Bancshares, which will now refocus on core commercial banking, asset-based lending, and specialty lending platforms. The deal also includes an ongoing revenue share and a strategic partnership for factoring solutions.
Third Coast Bancshares (NASDAQ: TCBX) nets $27.5M from sale of TCCC assets
Third Coast Bancshares (NASDAQ: TCBX) has completed the sale of substantially all assets of its factoring subsidiary, Third Coast Commercial Capital, Inc. (TCCC), to Gulf Coast Bank & Trust Company. The transaction generated approximately $27.5 million at closing and a recorded gain of $3.5 million, plus an ongoing revenue share. Third Coast Bancshares will continue to offer factoring solutions through a strategic partnership with Gulf Coast, focusing on core commercial banking and specialty lending.
Third Coast Bancshares, Inc. Announces Sale of Third Coast Commercial Capital, Inc. Assets
Third Coast Bancshares, Inc. announced the sale of substantially all assets of its wholly-owned subsidiary, Third Coast Commercial Capital, Inc. (TCCC), to Gulf Coast Bank & Trust Company. The transaction involved approximately $27.5 million at closing and a $3.5 million gain, along with a structured ongoing revenue share. This move is part of Third Coast's balance sheet strategy, allowing them to monetize TCCC's portfolio while maintaining a strategic partnership for factoring solutions.
Third Coast Bancshares, Inc. Announces Sale of Third Coast Commercial Capital, Inc. Assets
Third Coast Bancshares, Inc. announced the sale of substantially all assets of its wholly-owned subsidiary, Third Coast Commercial Capital, Inc. (TCCC), to Gulf Coast Bank & Trust Company, effective June 25, 2026. The transaction generated approximately $27.5 million in total consideration at closing and a $3.5 million gain, along with a structured ongoing revenue share. Third Coast will continue to offer factoring solutions through a strategic partnership with Gulf Coast while focusing on its core commercial banking, asset-based lending, and specialty lending platforms.
Third Coast Bancshares continues share buyback program By Investing.com
Third Coast Bancshares, Inc. announced the continuation of its share repurchase program, authorizing the company to repurchase up to $30 million of its common stock by June 30, 2027. This decision comes despite InvestingPro suggesting the shares are slightly overvalued, but the company has shown solid profitability and recently surpassed earnings expectations for Q1 2026. Raymond James, however, adjusted its price target downward due to challenges from an acquisition and a revised net interest margin outlook.
TCBX - Third Coast Bancshares Inc Latest SEC Filings
This article provides a detailed financial overview of Third Coast Bancshares Inc (TCBX), including its latest stock performance, key financial metrics, trading data, and analyst recommendations. It highlights the company's market capitalization, income, sales, and various financial ratios like P/E, P/S, and P/B, along with insider and institutional ownership percentages. The data presented covers performance over different periods and critical upcoming earnings information.
Third Coast Bancshares Extends $30 Million Share Repurchase
Third Coast Bancshares (TCBX) has announced the extension of its $30 million share repurchase program until June 30, 2027, with regulatory awareness from the Federal Reserve. The program allows for flexible share repurchases and aims to enhance shareholder value while adapting to market conditions. Despite a "Neutral" rating from TipRanks' AI Analyst, citing cash-flow deterioration countered by attractive valuation, management remains focused on growth and merger cost savings.
Third Coast Bancshares continues share buyback program
Third Coast Bancshares, Inc. announced the continuation of its share repurchase program, authorizing up to $30 million in common stock repurchases until June 30, 2027. This decision comes as the stock is considered slightly overvalued by InvestingPro. The company recently surpassed earnings expectations for Q1 2026 and operates 21 branches across major Texas metropolitan areas.
Third Coast Bancshares, Inc. Announces 2026 Share Repurchase Program >TCBX
Third Coast Bancshares, Inc. has announced a share repurchase program for 2026, indicating a strategic move to manage its capital and potentially enhance shareholder value. This program allows the company to buy back its common stock from the open market or through private transactions. Further details regarding the size and duration of the program would typically be found in the full announcement.
Third Coast Bancshares Authorizes Repurchase of $30 Million in Shares
Third Coast Bancshares, Inc. (TCBX) announced that its Board of Directors has authorized a new stock repurchase program, allowing the company to buy back up to $30 million of its outstanding common stock. This program replaces a previous authorization that had $11.4 million remaining. The repurchases will be conducted periodically through various means, with the aim of enhancing shareholder value and managing capital effectively.
Third Coast Bancshares continues $30M share repurchase program through June 30, 2027
Third Coast Bancshares has approved the continuation of its $30 million share repurchase program, which will last through June 30, 2027. The program allows for common stock repurchases through various methods and the company has informed the Federal Reserve Bank of Dallas. The board retains the right to modify, suspend, or halt the program.
Third Coast (NYSE: TCBX) renews $30M stock repurchase program
Third Coast Bancshares, Inc. announced the continuation of its share repurchase program, authorizing the company to buy back up to $30 million of its common stock through June 30, 2027. The program is flexible and allows for various repurchase methods, though the company is not obligated to buy any specific amount of stock. Management has notified the Federal Reserve Bank of Dallas about this program.
Third Coast Bancshares, Inc.'s Equity Buyback Plan Extended till June 30, 2027.
Third Coast Bancshares, Inc. announced on July 2, 2026, that it has extended its equity buyback plan. The plan is now valid until June 30, 2027. This extension indicates the company's continued commitment to returning value to shareholders through share repurchases.
Third Coast Bancshares lines up July 23 call after Q2 results
Third Coast Bancshares (NYSE: TCBX) announced it will release its 2026 second-quarter financial results after market close on Wednesday, July 22, 2026. The company will host an earnings conference call and webcast on Thursday, July 23, 2026, at 11:00 a.m. Eastern Time for investors and analysts to discuss these results. Details for joining the call via phone or webcast, along with replay information, have been provided.
Third Coast Bancshares, Inc. Announces 2026 Second Quarter Earnings Release and Conference Call Schedule
Third Coast Bancshares, Inc. will release its second quarter 2026 financial results on July 18, 2026, after the market closes. The company will also host a conference call on July 19, 2026, at 10:00 AM CT to discuss these results. Interested parties can access the call via phone or webcast.
Price to earnings forward of Third Coast Bancshares, Inc. – NYSE:TCBX
The article discusses the forward price-to-earnings ratio for Third Coast Bancshares, Inc. (NYSE: TCBX). It provides basic company information, including its stock exchange listing and market status. The content also lists various features and financial tools available on the TradingView platform.
Enterprise value to revenue forward of Third Coast Bancshares, Inc. – NYSE:TCBX
This article provides financial information for Third Coast Bancshares, Inc. (NYSE: TCBX), specifically focusing on its enterprise value to revenue forward. The data presented is part of a market overview from TradingView, which includes various financial metrics and market data for the company.
Price to earnings forward of Third Coast Bancshares Inc – DUS:GL0
This article provides financial data for Third Coast Bancshares Inc (DUS:GL0), specifically focusing on its forward price-to-earnings ratio. It highlights that the market for this particular stock is currently closed with no trades recorded. The page also mentions the sources of its market and reference data, including ICE Data Services and FactSet.
