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.

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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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Third Coast Bancshares (TCBX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Third Coast Bancshares (TCBX) Stock

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IAG, TCBX and FINW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 29, 2024.

Best Momentum Stock to Buy for October 29th

Third Coast Bancshares (TCBX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Third Coast Bancshares, Inc. (TCBX) Soars to 52-Week High, Time to Cash Out?

Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Natalie Hairston - Investor Relations Bart Caraway - Chairman, President & Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Matt Olney - Stephens Michael Rose - Raymond James Woody Lay – KBW Bernard Von Gizycki - Deutsche Bank Dave Storms - Stonegate Capital Partners Operator Greetings, and welcome to the Third Coast Bancshares Third Quarter 2024 Earnings Conference Call. This time, all participants are in a listen-only mode.

Third Coast Bancshares, Inc. (TCBX) Q3 2024 Earnings Call Transcript

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.32 per share a year ago.

Third Coast Bancshares, Inc. (TCBX) Beats Q3 Earnings and Revenue Estimates

Record Basic EPS of $0.85 and Diluted EPS of $0.74 HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 third quarter financial results. 2024 Third Quarter Financial and Operational Highlights Net income totaled $12.8 million, or $0.85 and $0.74 per basic and diluted share, respectively, compared to $10.8 million, or $0.70 and $0.63 per basic and diluted share, respectively, for the second quarter of 2024.

THIRD COAST BANCSHARES, INC. REPORTS 2024 THIRD QUARTER FINANCIAL RESULTS

HOUSTON , Oct. 2, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 third quarter financial results on Wednesday, October 23, 2024 after the market closes. Management has scheduled a conference call and webcast on Thursday, October 24, 2024 at 11:00 a.m.

Third Coast Bancshares, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Schedule

Third Coast Bancshares (TCBX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Third Coast Bancshares (TCBX) Rating Upgrade to Buy

HOUSTON , Sept. 19, 2024  /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock.

Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock

HOUSTON , Sept. 16, 2024 /PRNewswire/ -- Third Coast Bank (the "Bank," "Third Coast," "we," "us," or "our"), a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to announce today the successful completion of a New Syndicated Senior Credit Facility led by the Bank's Corporate Banking team.

Third Coast Bank's $60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion

Completed successful IPO on November 12, 2021 Expanded community banking offices from 11 in 2021 to 18 today HOUSTON , Aug. 6, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, today announced that its Chairman and Chief Executive Officer, Bart Caraway, and other members of the Third Coast management team will ring the closing bell at the Nasdaq MarketSite in Times Square, New York on Tuesday, August 6, 2024. "Today we celebrate another milestone for our Company," said Mr.

Third Coast Celebrates its 1,000th day as a Nasdaq listed company by Ringing the Nasdaq Closing Bell

Dallas, Texas--(Newsfile Corp. - July 26, 2024) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. (NASDAQ: TCBX). To view the full announcement, including downloadable images, bios, and more, click here.

Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q2 2024

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.53 per share a year ago.

Third Coast Bancshares, Inc. (TCBX) Beats Q2 Earnings and Revenue Estimates

Record EPS of $0.70 and Diluted EPS of $0.63 in Latest Quarterly Results HOUSTON , July 24, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 second quarter financial results. 2024 Second Quarter Financial and Operational Highlights Net income for the second quarter of 2024 totaled $10.8 million, or $0.70 and $0.63 per basic and diluted share, respectively, compared to $10.4 million, or $0.68 and $0.61 per basic and diluted share, respectively, for the first quarter of 2024.

THIRD COAST BANCSHARES, INC. REPORTS 2024 SECOND QUARTER FINANCIAL RESULTS

HOUSTON , July 11, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 second quarter financial results on Wednesday, July 24, 2024 after the market closes. Management has scheduled a conference call and webcast on Thursday, July 25, 2024 at 11:00 a.m.

Third Coast Bancshares, Inc. Announces 2024 Second Quarter Earnings Release and Conference Call Schedule

Dallas, Texas--(Newsfile Corp. - June 13, 2024) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners initiates their coverage on Third Coast Bancshares, Inc. (NASDAQ: TCBX). To view the full announcement, including downloadable images, bios, and more, click here.

Stonegate Initiates Coverage on Third Coast Bancshares, Inc. (TCBX)

Earnings Estimates Moving Higher for Third Coast Bancshares (TCBX): Time to Buy?

Highlighting its Month-Long, Companywide Sustainable Habits Initiative Since 2022, over 1,075 trees have been planted in recognition of Third Coast employees. HOUSTON , April 29, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced its observance of Earth Month throughout April, showcasing its dedication to sustainability and making a significant impact for the environment.

Third Coast Bancshares, Inc. Celebrates Earth Month 2024, Reinforcing its Commitment to Impact & Sustainability

Third Coast Bancshares (TCBX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Third Coast Bancshares (TCBX) Upgraded to Strong Buy: What Does It Mean for the Stock?

Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q1 2024 Results Conference Call April 25, 2024 11:00 AM ET Company Participants Natalie Hairsto - IR Bart Caraway - Chairman, President & CEO John McWhorter - CFO Audrey Duncan - CCO Conference Call Participants Bernard Von Gizycki - Deutsche Bank Michael Rose - Raymond James Woody Lay - KBW Thomas Wendler - Stephens Operator Greetings, and welcome to the Third Coast Bancshares First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Third Coast Bancshares, Inc. (TCBX) Q1 2024 Earnings Call Transcript

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.55 per share a year ago.

Third Coast Bancshares, Inc. (TCBX) Q1 Earnings and Revenues Surpass Estimates

Continued Growth Results in Record EPS of $0.68 and Diluted EPS of $0.61 HOUSTON , April 24, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 first quarter financial results. 2024 First Quarter Financial and Operational Highlights Net income for the first quarter of 2024 totaled $10.4 million, or $0.68 and $0.61 per basic and diluted share, respectively, compared to $9.7 million, or $0.62 and $0.57 per basic and diluted share, respectively, for the fourth quarter of 2023.

Third Coast Bancshares, Inc. Reports 2024 First Quarter Financial Results

Third Coast Bancshares (TCBX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Third Coast Bancshares, Inc. (TCBX) Expected to Beat Earnings Estimates: Should You Buy?

HOUSTON , April 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 first quarter financial results on Wednesday, April 24, 2024 after the market closes. Management has scheduled a conference call and webcast on Thursday, April 25, 2024 at 11:00 a.m.

Third Coast Bancshares, Inc. Announces 2024 First Quarter Earnings Release and Conference Call Schedule

Third Coast converts to a Texas Banking Association HOUSTON , March 14, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," or "our"), the holding company of Third Coast Bank (the "Bank"), today announced that the Bank has successfully converted its charter from a Texas state savings bank to a Texas banking association. The strategic charter conversion became effective on March 13, 2024.

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