
TCBX Stock Forecast & Price Target
TCBX Analyst Ratings
Bulls say
Third Coast Bancshares Inc. demonstrated robust financial growth, with loans increasing by 8% and deposits surging by 31% on a last quarter annualized (LQA) basis. The bank's tangible book value (TBV) saw a significant rise of 2% quarter-over-quarter and an impressive 13.6% year-over-year, reflecting strong operational performance. Additionally, the company reported a notable improvement in its return on assets (ROA) and return on equity (ROE), exceeding 1.1% and 13%, respectively, amidst a remarkable earnings per share (EPS) compound annual growth rate (CAGR) of 46% since 2022.
Bears say
Third Coast Bancshares faces multiple headwinds that could negatively impact its stock performance. The bank's reliance on interest income, combined with a compressed interest rate spread and regional economic concentration, increases its vulnerability to adverse economic conditions, which may hinder new loan growth and lead to potential deterioration in asset quality. Furthermore, customer concentration and competition for talent exacerbate risks related to operational stability and future expansion, making it challenging for the bank to meet its growth objectives in an increasingly competitive landscape.
This aggregate rating is based on analysts' research of Third Coast Bancshares and is not a guaranteed prediction by Public.com or investment advice.
TCBX Analyst Forecast & Price Prediction
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