Third Coast Bancshares (NASDAQ:TCBX) Rating Increased to Outperform at Raymond James Financial
Raymond James Financial has upgraded Third Coast Bancshares (NASDAQ:TCBX) to an "outperform" rating from "market perform," setting a new price target of $45.00, which suggests a 15.88% upside. This aligns with the consensus "Moderate Buy" rating and an average price target of $45.33 from other analysts. Insider William Bobbora recently increased his holdings by purchasing 1,200 shares, and institutional investors have shown significant activity in the company's stock.
Raymond James Upgrades Third Coast Bancshares (TCBX) to 'Outperform'
Raymond James has upgraded Third Coast Bancshares (TCBX) from 'Market Perform' to 'Outperform' with a new price target of $45.00. This upgrade follows a trend of positive sentiment and increasing price targets from various analysts, indicating a favorable outlook for the company. Third Coast Bancshares, a bank holding company, focuses on providing commercial banking solutions to small and medium-sized businesses and professionals primarily in Texas.
Third Coast Bancshares, Inc. - Common Stock (NQ: TCBX)
This page provides a collection of recent news headlines, press releases, and research updates concerning Third Coast Bancshares, Inc. (Nasdaq: TCBX). It includes details on Stonegate Capital Partners' coverage updates, scheduled earnings announcements, and reports on company buybacks and loan securitizations, offering a comprehensive look at the company's recent financial activities and analyst sentiment.
Third Coast Bancshares (NASDAQ:TCBX) Cut to "Hold" at Zacks Research
Zacks Research has downgraded Third Coast Bancshares (NASDAQ:TCBX) from a "strong-buy" to a "hold" rating, aligning with a consensus "Hold" rating and a price target of $45.50 among analysts. The article also notes an insider purchase of 1,200 shares by William Bobbora, increasing his stake, and provides details on the company's financial metrics and institutional ownership. Shares opened at $37.58, trading below their 50-day and 200-day simple moving averages.
TCBX SEC Filings - Third Coast Bancshares, Inc. 10-K, 10-Q, 8-K Forms
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Third Coast Bancshares, Inc. (TCBX). The section details various 8-K filings discussing quarterly financial results, dividend declarations, executive retirements, and merger agreements. Notably, TCBX announced a multi-step merger with Keystone Bancshares and a voluntary transfer of its stock listing from Nasdaq to the NYSE.
Third Coast sets April 15 payout for $16.875 preferred dividend
Third Coast Bancshares, Inc. (TCBX) declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend is payable on April 15, 2026, to shareholders of record as of March 31, 2026. This announcement led to a mild positive market reaction, with TCBX gaining 1.59% on the day the news was published.
Press Release: Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on Its 6.75% Series A Convertible Non-Cumulative Preferred Stock
Third Coast Bancshares, Inc. has declared a quarterly cash dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This announcement is a press release primarily focused on corporate financial actions regarding its preferred stock. The article also briefly mentions Unity Software's fourth-quarter financial results.
Third Coast Bancshares (TCBX) officer reports tax-withholding share disposition on Form 4
Third Coast Bancshares officer Liz Eber reported a tax-withholding share disposition of 25 common stock shares at $37.34 each to satisfy tax obligations. This non-market transaction leaves Eber with a direct holding of 653 shares. The filing indicates a neutral impact and sentiment regarding the disposition.
Third Coast Bancshares (NYSE: TCBX) declares $16.875 Series A preferred dividend
Third Coast Bancshares, Inc. announced a quarterly cash dividend of $16.875 per share for its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend is payable on April 15, 2026, to shareholders of record as of March 31, 2026. The company is a Texas-based bank holding company with 21 branches across major metropolitan areas.
TCBX Financials: Income Statement, Balance Sheet & Cash Flow
This article provides a comprehensive overview of Third Coast Bancshares, Inc. (TCBX) financial statements for fiscal year 2025, including income statements, balance sheets, and cash flow statements, derived from SEC filings. Key metrics highlighted include net income of $66.3M, diluted EPS of $3.79, and a return on equity of 12.5%. The company's financial health is rated as weak with a Piotroski F-Score of 3/9, and its earnings quality is deemed mixed at 0.77x.
Third Coast Bancshares Declares Quarterly Preferred Stock Dividend
Third Coast Bancshares (TCBX) announced a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This dividend, payable on April 15, 2026, to shareholders of record on March 31, 2026, signals the company's commitment to returning capital to investors and confidence in its financial health. TipRanks' AI Analyst, Spark, rates TCBX as "Outperform" due to strong fundamentals and attractive valuation.
Erroneous option grant for Third Coast Bancshares (TCBX) is removed
Third Coast Bancshares (TCBX) director, Greenleaf Clint Tuxberry, filed an amended Form 4 to correct an administrative error regarding an erroneous stock option grant. A previous Form 4 had incorrectly reported a grant of 3,600 stock options on March 16, 2026, which never actually occurred. The amendment removes this incorrect grant, confirming no stock options from this award are currently outstanding.
Third Coast Bancshares (TCBX) fixes error on reported option grant
Third Coast Bancshares (TCBX) filed an amended Form 4/A to correct an administrative error regarding an option grant for director Jeffrey A. Wilkinson. The original filing incorrectly reported a grant of 3,600 stock options on March 16, 2026, which the company now clarifies did not occur. The amendment confirms that no equity grant was made on that date, showing zero stock options for the award.
Director Mary Stich receives 3,600 TCBX stock options at $37.91 strike
Third Coast Bancshares director Mary Stich was granted 3,600 stock options for TCBX shares as part of her compensation. These options have an exercise price of $37.91 per share, become exercisable on March 16, 2027, and expire on March 16, 2036. This grant was reported via an SEC Form 4 and does not involve any open-market purchases or sales.
Officer at Third Coast Bancshares (TCBX) receives 669 restricted shares
Third Coast Bancshares officer Christopher Seay Peacock was awarded 669 restricted shares of common stock, which will vest in three equal annual installments starting on the anniversary of the grant date. These shares were granted as compensation at a stated price of $0.00, not as an open-market purchase. Following this grant, Peacock directly holds 2,158 shares, with an additional 1,622 shares held indirectly through an ESOP.
Third Coast Bancshares (TCBX) insider awarded 1,338 restricted shares
Third Coast Bancshares (TCBX) officer Audrey Spaulding was granted 1,338 restricted shares of common stock on March 15, 2026, as reported in a recent Form 4 SEC filing. The shares were awarded at $0.00 per share and will vest in three equal annual installments starting on the grant date's anniversary. Following this grant, Spaulding directly holds 16,279 shares and has additional indirect holdings through an ESOP and an IRA.
Third Coast Bancshares (TCBX) officer receives 3,549 restricted shares grant
William Bobbora, an officer at Third Coast Bancshares (TCBX), was granted 3,549 restricted shares of common stock on March 15, 2026, as part of his compensation, incurring no cash cost to him. These shares will vest in three equal annual installments starting on the anniversary of the grant date. Following this grant, Bobbora directly holds 51,855 common shares, with additional indirect holdings through an ESOP and an IRA.
Third Coast (TCBX) CFO receives 3,180 restricted shares and updates holdings
Richard J. McWhorter, CFO of Third Coast Bancshares, Inc. (TCBX), was granted 3,180 restricted common shares on March 15, 2026. These shares, valued at $0.0000 each, are compensation-related and will vest in three equal annual installments. Following this transaction, McWhorter's total direct holdings are 128,061 shares, with significant indirect holdings through a management trust, an IRA, and an ESOP.
Third Coast Bancshares (TCBX) awards 1,338 restricted shares
Third Coast Bancshares (TCBX) officer Eber Liz has been granted 1,338 shares of restricted common stock through an equity award, as reported in a Form 4 SEC filing. These shares, with a grant price of $0.00, will vest in three equal annual installments starting one year from the grant date. Following this transaction, Liz directly holds a total of 1,991 common shares in the company.
Third Coast Bancshares (TCBX) director awarded 3,600 stock options at $37.91
Third Coast Bancshares (TCBX) director David R. Phelps was granted 3,600 stock options at an exercise price of $37.91 per share, as detailed in a recent SEC Form 4 filing. These options become exercisable on March 16, 2027, and expire on March 16, 2036. This grant represents compensation and not an open-market transaction.
Third Coast Bancshares (TCBX) director gets 3,600 stock options at $37.91
Third Coast Bancshares (TCBX) director Brunson W. Donald was granted 3,600 stock options with an exercise price of $37.91 per share. These options become exercisable on March 16, 2027, and expire on March 16, 2036. This grant represents a compensation-related equity award rather than an open-market purchase or sale.
Third Coast Bancshares (TCBX) director granted 3,600 stock options
Third Coast Bancshares, Inc. director Shelton McDonald was granted 3,600 stock options with an exercise price of $37.91 per share. These options become exercisable in March 2027 and expire in March 2036. This transaction is classified as a compensation-related award rather than an open-market purchase or sale.
Director at Third Coast Bancshares (TCBX) receives 3,600 stock options
Third Coast Bancshares (TCBX) director Troy Andrew Glander was granted 3,600 stock options with an exercise price of $37.91 per share. These options become exercisable on March 16, 2027, and expire on March 16, 2036. This transaction is a compensation-related award, not an open-market trade.
Third Coast Bancshares (TCBX) officer uses 63 shares to cover tax liability
Third Coast Bancshares officer Christopher Seay Peacock reported a routine tax-related disposition, transferring 63 shares of common stock at $37.34 each to cover tax obligations. This non-market transaction leaves him with 1,489 directly held shares and 1,622 indirectly held shares through an ESOP. The transaction code 'F' indicates payment of tax liability by delivering securities, not an open-market sale for investment purposes.
Kennedy Capital Management LLC Purchases 54,713 Shares of Third Coast Bancshares, Inc. $TCBX
Kennedy Capital Management LLC increased its stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX) by 13.6%, acquiring an additional 54,713 shares and now holding 3.30% ownership valued at $17.39 million. Other institutional investors have also adjusted their holdings, and company insiders own 10.28% of the stock. Analysts have a "Moderate Buy" consensus rating with an average price target of $45.50.
Third Coast Bancshares, Inc. Experiences Revision in Stock Evaluation Amid Market Dynamics
Third Coast Bancshares, Inc. has undergone a stock evaluation revision due to changing market conditions. The company's stock is currently priced at $39.18, and although its past year's return of 15.13% lagged the S&P 500, its three-year return of 118.03% significantly outperformed the index. Technical indicators present a mixed outlook, with both bullish and mildly bearish signals on various charts.
Third Coast Bank names Eva Pawelek Houston corporate banking head By Investing.com
Third Coast Bancshares, Inc. has appointed Eva Pawelek as Regional President and Head of Houston Corporate Banking. Pawelek, who joined the bank after its merger with Keystone Bancshares, Inc., will lead the expansion of middle-market banking operations in Houston and brings over 16 years of experience in corporate banking and private equity. The company, with over $6 billion in assets and a market capitalization of $557 million, recently exceeded analyst expectations in its fourth-quarter earnings for 2025.
Third Coast Bank Appoints Eva Pawelek as Regional President and Head of Houston Corporate Banking
Third Coast Bancshares, Inc. announced the appointment of Eva Pawelek as Regional President and Head of Houston Corporate Banking. Joining the organization after its merger with Keystone Bancshares, Pawelek will focus on expanding Third Coast's middle-market banking franchise in Houston, recruiting seasoned bankers, and deepening corporate relationships across key industry verticals. Her extensive experience in corporate banking and private equity is expected to accelerate corporate banking momentum in Houston and reinforce the bank's relationship-driven approach.
16-year banking and PE veteran to lead Houston corporates at Third Coast Bank
Third Coast Bancshares (NYSE: TCBX) has appointed Eva Pawelek as Regional President and Head of Houston Corporate Banking, effective March 5, 2026. Pawelek, who joined Third Coast after its October 2025 merger with Keystone, brings over 16 years of experience in corporate banking and private equity. Her role will focus on expanding middle-market and sponsor finance efforts in Houston, including recruiting bankers and growing key industry verticals.
TCBX SEC Filings - Third Coast Bancshares, Inc. 10-K, 10-Q, 8-K Forms
This article provides a comprehensive overview of Third Coast Bancshares, Inc. (TCBX) SEC filings, including 10-K, 10-Q, and 8-K forms, detailing financial results, material events, and mergers. It highlights key filings such as the acquisition of Keystone Bancshares and the pending transfer of TCBX’s common stock listing from Nasdaq to NYSE. The company's recent Q3 earnings and insider transactions are also summarized.
TCBX Stock News Today | Earnings, Events & Price Alerts
This page provides recent news and events related to Third Coast Bancshares (TCBX), including its latest earnings reports and stock performance data. Key highlights include a 39% year-over-year net income growth in Q4 2025 and record net income of $66.3 million with $3.79 EPS for the full year 2025. The company's CEO expressed satisfaction with stable net interest margins and exceptional loan growth.
Third Coast Bancshares (NASDAQ:TCBX) Insider Acquires $47,544.00 in Stock
Third Coast Bancshares (NASDAQ:TCBX) insider William Bobbora recently purchased 1,200 shares of company stock at an average price of $39.62 per share, totaling $47,544.00. This transaction increased his holdings by 2.55% to 48,306 shares. The company has seen increased institutional investment and holds an average analyst rating of "Moderate Buy" with a target price of $45.50.
Third Coast Bancshares Stock Takes Advantage Of Opportunities In Texas (NYSE:TCBX)
Third Coast Bancshares (TCBX) stock has risen over 8% since releasing its strong Q4 2025 financial results. The company is rated Buy due to its robust loan growth, strategic expansion in Texas, and a successful merger with Keystone Bancshares which is expected to boost EPS. TCBX reported record 2025 results with significant net income and tangible book value growth, maintaining a strong net interest margin.
$6B Texas bank expands with Keystone merger, adds Austin branches
Third Coast Bancshares (NYSE: TCBX) announced the successful completion of its merger with Keystone Bancshares, effective February 1, 2026, creating a combined entity with over $6 billion in assets. This merger expands Third Coast's presence in Texas, adding three new branch locations in Austin and Ballinger, and a loan production office in Bastrop. Key leadership from Keystone, including Jeff Wilkinson and Bryan St. George, will assume new roles within Third Coast Bank as part of the integration process.
Third Coast Bancshares Completes Keystone Merger, Expands Texas Footprint
Third Coast Bancshares has completed its merger with Keystone Bancshares, Inc., expanding its Texas footprint and reaching over $6 billion in total assets. This transaction integrates Keystone's branches and a loan production office, while also incorporating its leadership into Third Coast's enlarged board and management team. An analyst rating suggests a "Buy" for TCBX stock, with TipRanks' AI Analyst also assessing it as "Outperform" due to strong financial performance, reasonable valuation, and a positive outlook despite some potential merger-related variability.
Third Coast Bancshares Appoints New Directors Following Merger
Third Coast Bancshares, Inc. (TCBX) announced the appointment of Jeffrey A. Wilkinson and Clint Greenleaf as new directors, effective immediately after the completion of a merger agreement on February 2, 2026. Both individuals will serve on the Company Board and the Bank Board. This move follows a merger and aligns with an original SEC filing by Third Coast Bancshares.
Third Coast Bancshares (NYSE: TCBX) completes Keystone Bancshares merger
Third Coast Bancshares (NYSE: TCBX) has completed its merger with Keystone Bancshares, Inc., involving a payment of approximately 2.6 million shares of Third Coast common stock and $20 million in cash. The merger integrated Keystone into Third Coast's structure, with Keystone Bank merging into Third Coast Bank. As part of the agreement, Jeffrey A. Wilkinson and Clint Greenleaf from Keystone joined Third Coast's boards, and Wilkinson will serve as Chairman – Austin Market under a two-year employment agreement with significant compensation.
Third Coast Bancshares (NASDAQ:TCBX) Upgraded at Zacks Research
Zacks Research has upgraded Third Coast Bancshares (NASDAQ:TCBX) from a "hold" to a "strong-buy" rating, with a consensus analyst target price of $45.50. The company recently reported $1.03 EPS for its last quarter and analysts expect a 3.1 EPS for the current fiscal year. Insider ownership is at 10.28% and institutional ownership is substantial at 36.88%, with several major funds increasing their stakes.
Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q4 2025 Earnings Call Transcript
Third Coast Bancshares, Inc. (NASDAQ: TCBX) exceeded expectations in Q4 and full year 2025 with significant growth in loans, assets, and deposits, achieving a record annual net income of $66.3 million. Management highlighted disciplined risk management and underwriting, with plans to integrate their merger with Keystone Bancshares, Inc. to form a $6 billion entity with 22 locations across Texas. The company provided an outlook for 2026, targeting $75 million to $100 million in quarterly loan growth and aiming to enhance operational efficiency while maintaining profitability.
Third Coast Bancshares (NASDAQ:TCBX) Price Target Raised to $45.00 at Keefe, Bruyette & Woods
Keefe, Bruyette & Woods has increased its price target for Third Coast Bancshares (NASDAQ:TCBX) to $45.00, maintaining a "market perform" rating, which suggests an 11.5% upside. The consensus analyst rating for TCBX is "Hold" with an average price target of $45.50. The company recently reported quarterly EPS of $1.03, and institutional investors have been adjusting their stakes in the regional bank.
TCBX: Analyst Maintains Rating and Raises Price Target to $45
Keefe, Bruyette & Woods has maintained its "Market Perform" rating for Third Coast Bancshares (TCBX) and increased its price target from $43.00 to $45.00, reflecting continued confidence in the bank's performance. This adjustment aligns with multiple previous target increases from various analysts. Third Coast Bancshares focuses on commercial banking for small to medium-sized businesses, operating branches across Texas and one in Detroit.
Third Coast Bancshares TCBX Net Margin Surge Challenges Cautious Earnings Narratives
Third Coast Bancshares (TCBX) reported strong financial results for FY 2025, with revenue reaching US$201.3 million and EPS of US$4.45, alongside a net profit margin of 30.6%. The company's earnings growth and net interest margin performance suggest solid profitability, while its valuation indicates the stock may be undervalued compared to its DCF fair value and peer P/E ratios. Despite these positive indicators, the article encourages investors to consider the long-term sustainability of the current margin and earnings profile.
Third Coast Bancshares Shares Steady After Q4 Profit Rise
Third Coast Bancshares (NYSE: TCBX) shares remained steady after reporting a rise in Q4 and full-year 2025 profits. The company achieved record net income for the full year and continued to grow loans and deposits, despite broader sector pressures on regional banks. Third Coast also announced a definitive merger agreement with Keystone Bancshares Inc. and a transfer of its stock listing to the NYSE and NYSE Texas.
Shareholders at Third Coast (NYSE: TCBX) approve stock issuance for Keystone merger
Third Coast Bancshares, Inc. (NYSE: TCBX) shareholders have approved the issuance of additional common shares required for its merger with Keystone Bancshares, Inc. This approval, which satisfies NYSE Listing Rule 312.03, is a critical step, although the merger's completion remains contingent on other closing conditions and regulatory approvals. The vote, held on January 23, 2026, saw overwhelming support for the share issuance.
Third Coast Bancshares (TCBX) investors approve stock issuance for Keystone merger
Third Coast Bancshares (TCBX) shareholders have approved the issuance of additional common shares required for its merger with Keystone Bancshares, Inc. The vote, which took place on January 23, 2026, met the necessary margin, including compliance with NYSE Listing Rule 312.03 for issuing more than 20% of outstanding shares. While this removes a significant governance hurdle, the merger's completion is still contingent on satisfying or waiving other closing conditions outlined in the merger agreement.
Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q4 2025
Stonegate Capital Partners updated its coverage on Third Coast Bancshares, Inc. (TCBX) for Q4 2025, reporting net income of $17.9M, a slight decline from Q3 but an increase from Q4 2024. The company's merger is on track, and its Net Interest Margin (NIM) held steady at 4.10%. Stonegate anticipates continued focus on operational efficiency despite near-term expense fluctuations due to an ongoing integration.
Third Coast Bancshares outlines $75M–$100M quarterly loan growth target as Keystone merger integration begins
Third Coast Bancshares (TCBS) aims for a quarterly loan growth target of $75 million to $100 million, excluding loans from its recently acquired Keystone Bank. The company is actively integrating Keystone's operations and expects the merger to significantly contribute to its loan portfolio. This strategic growth initiative is a key focus as TCBS navigates its expansion.
Third Coast Bancshares Shares Steady After Q4 Profit Rise
Third Coast Bancshares Inc. (NYSE: TCBX) reported a rise in profit for the fourth quarter and full-year 2025, with net income reaching $17.9 million for Q4 and a record $66.3 million for the full year. Despite broader sector pressures affecting regional bank stocks, the company saw growth in gross loans and deposits, maintained a steady net interest margin, and announced a merger agreement with Keystone Bancshares Inc.
Earnings call transcript: Third Coast Bancshares Q4 2025 beats expectations
Third Coast Bancshares (TCBX) reported strong fourth-quarter and full-year 2025 financial results, surpassing analyst expectations with an EPS of $1.02 and revenue of $56.46 million. The company's stock rose 3.96% in after-hours trading, reflecting investor confidence. Key highlights include a 39% year-over-year increase in net income, robust loan and deposit growth, and a planned merger with Keystone Bankshares, Inc. in Q1 2026, aiming to create a combined $6 billion entity.
Earnings call transcript: Third Coast Bancshares Q4 2025 beats expectations
Third Coast Bancshares (TCBX) reported strong Q4 2025 earnings, surpassing analyst expectations with EPS of $1.02 and revenue of $56.46 million. The company achieved significant growth in loans, deposits, and net income, with total assets reaching $5.34 billion, and its stock rose in after-hours trading. Looking ahead, Third Coast Bancshares is focused on integrating the merger with Keystone Bankshares, expanding its presence in Texas, and maintaining disciplined loan growth and operational efficiency for 2026.