TCBX

Third Coast Bancshares, Inc. [TCBX] Stock Forecast

Q: What is Third Coast Bancshares, Inc. stock symbol ?

Third Coast Bancshares, Inc. is a US stock, located in Humble of Tx and trading under the symbol TCBX

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?

TCBX Stock Summary

Earnings have grown 117.87% per last year.

Earnings are expected to fall -34.76% next year

Unstable dividend track record

TCBX's dividend payments are not well covered by cash flows due to its high cash payout ratio (687.67%).

TCBX has less than 1 year of cash runway

Top 10 Correlated ETFs

TCBX

Top 10 Correlated Stocks

TCBX

In the News

10:01 16 Apr 2024 TCBX

New Strong Buy Stocks for February 6th

EGO, SBSI, CCS, TCBX and IKT have been added to the Zacks Rank #1 (Strong Buy) List on February 6, 2023.

07:06 16 Apr 2024 TCBX

Third Coast Bancshares, Inc. (TCBX) Q4 Earnings and Revenues Top Estimates

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.44 per share a year ago.

04:15 16 Apr 2024 TCBX

Third Coast Bancshares, Inc. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule

HOUSTON , Jan. 4, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that it will report its 2023 fourth quarter and full year financial results on Thursday, January 25, 2024 after the market closes. Management has scheduled a conference call and webcast on Friday, January 26, 2024 at 11:00 a.m.

07:21 16 Apr 2024 TCBX

Ten Community Banks Trading At More Than 35% Below Tangible Book

Bank stocks started rallying in May but then fell back creating new opportunities. Ten community bank stocks trading below 65% of tangible book value are reviewed, highlighting their risk factors and financial metrics. Territorial Bancorp is recommended if you expect a recession and Third Coast if you don't.

02:50 16 Apr 2024 TCBX

Third Coast Bancshares, Inc. (TCBX) Q3 2023 Earnings Call Transcript

Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Natalie Hairston - Dennard Lascar, Investor Relations Bart Caraway - President and Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Graham Dick - Piper Sandler Michael Rose - Raymond James Bernard Gizycki - Deutsche Bank Matt Olney - Stephens Inc Operator Greetings, and welcome to Third Coast Banc Third Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

11:23 16 Apr 2024 TCBX

Down -10.95% in 4 Weeks, Here's Why Third Coast Bancshares, Inc. (TCBX) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Third Coast Bancshares, Inc. (TCBX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

08:17 16 Apr 2024 TCBX

Third Coast Bancshares, Inc. (TCBX) Lags Q3 Earnings Estimates

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.49 per share a year ago.

04:15 16 Apr 2024 TCBX

Third Coast Bancshares, Inc. Announces 2023 Third Quarter Earnings Release and Conference Call Schedule

HOUSTON , Oct. 4, 2023 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that it will report its 2023 third quarter financial results on Wednesday, October 25, 2023 after the market closes. Management has scheduled a conference call and webcast on Thursday, October 26, 2023 at 11:00 a.m.

11:47 16 Apr 2024 TCBX

Third Coast Bancshares (TCBX) Q2 2023 Earnings Call Transcript

07:56 16 Apr 2024 TCBX

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

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.16 per share a year ago.

TCBX Financial details

Company Rating

Buy

Market Cap

251.73M

Income

33.4M

Revenue

217.29M

Book val./share

30.29

Cash/share

34.92

Dividend

16.88

Dividend %

89.22%

Employees

365

Optionable

Shortable

Yes

Earnings

24 Apr 2024

P/E

8.24

Forward P/E

8.36

PEG

1.27

P/S

1.48

P/B

0.64

P/C

0.52

P/FCF

12.43

Quick Ratio

9.11

Current Ratio

4.86

Debt / Equity

0.3

LT Debt / Equity

0.29

EPS (TTM)

2.11

EPS next Y

2.19

EPS next Q

0.51

EPS this Y

64.84%

EPS next Y

3.91%

EPS next 5Y

3.91%

EPS last 5Y

63.61%

Revenue last 5Y

50.68%

Revenue Q/Q

11.07%

EPS Q/Q

93.75%

SMA20

-5%

SMA50

SMA100

11.76%

Inst Own

28.74%

Inst Trans

0.8%

ROA

ROE

ROC

0.02%

Gross Margin

100%

Oper. Margin

54%

Profit Margin

18%

Payout

12%

Shs Outstand

13.61M

Shs Float

11.53M

Target Price

52W Range

12.305-21.5

52W High

-12.81%

52W Low

+52.58%

RSI

Rel Volume

0.48

Avg Volume

32.34K

Volume

15.6K

Perf Week

-4.09%

Perf Month

-5.57%

Perf Quarter

13.94%

Perf Half Y

10.84%

Beta

0.649

Volatility

0.21%, 0.54%

Prev Close

-1.03%

Price

18.31

Change

-1.56%

TCBX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.57	5.19	11.83	9.09	19.62
Net income per share	0.18	0.91	1.45	1.39	2.46
Operating cash flow per share	0.27	-0.27	0.58	1.62	2.88
Free cash flow per share	0.05	-0.38	-0.13	0.71	2.4
Cash per share	7.23	17.02	44.87	37.57	34.97
Book value per share	4.3	9.12	37.97	28.35	30.33
Tangible book value per share	4.3	7.66	314.78	26.93	28.93
Share holders equity per share	4.3	9.12	37.97	28.35	30.33
Interest debt per share	3.47	6.68	7.75	12.4	18.37
Market cap	333.61M	333.61M	204.57M	248.16M	269.91M
Enterprise value	268.13M	166.08M	-121.29M	47.73M	114.69M
P/E ratio	140.11	27.54	17.91	13.3	8.08
Price to sales ratio	9.72	4.82	2.2	2.03	1.01
POCF ratio	93	-91.29	44.63	11.39	6.91
PFCF ratio	546	-66.63	-197.46	25.84	8.27
P/B Ratio	5.82	2.74	0.68	0.65	0.66
PTB ratio	5.82	2.74	0.68	0.65	0.66
EV to sales	7.81	2.4	-1.3	0.39	0.43
Enterprise value over EBITDA	65.37	30.39	-8.53	0.8	2.76
EV to operating cash flow	74.75	-45.45	-26.46	2.19	2.94
EV to free cash flow	438.84	-33.17	117.08	4.97	3.51
Earnings yield	0.01	0.04	0.06	0.08	0.12
Free cash flow yield	0	-0.02	-0.01	0.04	0.12
Debt to equity	0.53	0.61	0.17	0.34	0.3
Debt to assets	0.03	0.04	0.02	0.03	0.03
Net debt to EBITDA	-15.96	-30.66	-22.93	-3.35	-3.73
Current ratio	57.06	198.05	252.97	5.82	0.12
Interest coverage	0.2	1.09	1.44	1.61	0.33
Income quality	1.51	-0.3	0.4	1.17	1.17
Dividend Yield	0	0	0	0	0.02
Payout ratio	0.31	0	0	0.01	0.14
Sales general and administrative to revenue	0.58	0.42	0.52	0.46	0.23
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0.01	0.01	0.01	0
Capex to operating cash flow	-0.83	0.37	-1.23	-0.56	-0.16
Capex to revenue	-0.09	-0.02	-0.06	-0.1	-0.02
Capex to depreciation	-3.42	0.13	20.81	25.45	-1.76
Stock based compensation to revenue	0.01	0	0.01	0.01	0.01
Graham number	4.15	13.66	35.21	29.73	40.96
ROIC	0.03	0.06	0.03	0.09	0.06
Return on tangible assets	0	0.01	0	0	0.01
Graham Net	-61.69	-121.35	24.13	-226.28	-247.24
Working capital	97.89M	239.46M	362.09M	160.99M	-3.27B
Tangible asset value	51.05M	102.23M	2.48B	362.62M	392.97M
Net current asset value	-771.39M	-1.5B	362.09M	-3.2B	-3.55B
Invested capital	0.53	0.61	0.17	0.34	0.3
Average receivables	0	8.47M	11.95M	14.28M	20.73M
Average payables	0	1.48M	826.09K	1.49M	3.67M
Average inventory	0	-160.97M	-279.9M	-344.71M	-38.27M
Days sales outstanding	34.62	72.14	40.09	54.72	31.66
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	10.54	5.06	9.1	6.67	11.53
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.04	0.1	0.04	0.05	0.08
Capex per share	-0.22	-0.1	-0.71	-0.91	-0.47

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	2.5	2.57	2.65	5.1	5.67
Net income per share	0.56	0.68	0.65	0.41	0.71
Operating cash flow per share	0.46	0.59	0.77	0.23	1.29
Free cash flow per share	0.16	0.54	0.69	0.14	1.26
Cash per share	37.4	36.17	32.33	25.22	34.92
Book value per share	28.22	28.6	29.14	29.42	30.29
Tangible book value per share	26.8	27.19	27.73	28.02	28.89
Share holders equity per share	28.22	28.6	29.14	29.42	30.29
Interest debt per share	10.97	11.5	11.95	12.67	11.93
Market cap	249.33M	212.6M	215.65M	232.71M	270.29M
Enterprise value	48.9M	34.56M	104.61M	228.92M	115.08M
P/E ratio	8.28	5.75	6.06	10.43	6.97
Price to sales ratio	7.39	6.11	5.98	3.35	3.51
POCF ratio	40.36	26.64	20.54	75.92	15.42
PFCF ratio	114.53	29.24	22.97	124.31	15.8
P/B Ratio	0.65	0.55	0.54	0.58	0.66
PTB ratio	0.65	0.55	0.54	0.58	0.66
EV to sales	1.45	0.99	2.9	3.3	1.49
Enterprise value over EBITDA	1.21	0.96	9.39	32.66	9.61
EV to operating cash flow	7.92	4.33	9.96	74.69	6.56
EV to free cash flow	22.46	4.75	11.14	122.29	6.73
Earnings yield	0.03	0.04	0.04	0.02	0.04
Free cash flow yield	0.01	0.03	0.04	0.01	0.06
Debt to equity	0.34	0.34	0.34	0.35	0.3
Debt to assets	0.03	0.03	0.03	0.03	0.03
Net debt to EBITDA	-4.97	-4.94	-9.97	-0.54	-12.96
Current ratio	5.82	25.63	6.08	4.86	0.12
Interest coverage	2.11	1.46	0.39	0.21	0.3
Income quality	0.82	0.86	1.18	0.55	1.81
Dividend Yield	0	0.01	0.01	0.01	0
Payout ratio	0.03	0.13	0.13	0.21	0.12
Sales general and administrative to revenue	0.43	0.39	0.42	0.25	0.21
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.01	0	0	0	0
Capex to operating cash flow	-0.65	-0.09	-0.11	-0.39	-0.02
Capex to revenue	-0.12	-0.02	-0.03	-0.02	-0.01
Capex to depreciation	-19.32	-3.19	-15.04	4.7	-0.5
Stock based compensation to revenue	0.01	0.01	0.01	0.01	0.01
Graham number	18.79	20.97	20.71	16.47	22.03
ROIC	0.06	0.05	0.02	0.01	0.02
Return on tangible assets	0	0	0	0	0
Graham Net	-225.22	-231.57	-240.43	-266.1	-275.26
Working capital	160.99M	488.71M	174.58M	155.04M	-3.27B
Tangible asset value	362.62M	367.92M	376.86M	381.29M	392.97M
Net current asset value	-3.2B	-2.96B	-3.36B	-3.62B	-3.55B
Invested capital	0.34	0.34	0.34	0.35	0.3
Average receivables	17.29M	18.68M	19.3M	21.2M	22.97M
Average payables	2.74M	2.09M	2.58M	3.92M	4.56M
Average inventory	-292.29M	-340.16M	-318.57M	-319.67M	-415.15M
Days sales outstanding	48.89	49.25	48.85	29.6	27
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.84	1.83	1.84	3.04	3.33
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.02	0.02	0.02	0.01	0.02
Capex per share	-0.3	-0.05	-0.08	-0.09	-0.03

TCBX Dividend History

TCBX Frequently Asked Questions

What is Third Coast Bancshares, Inc. stock symbol ?

Third Coast Bancshares, Inc. is a US stock , located in Humble of Tx and trading under the symbol TCBX

What is Third Coast Bancshares, Inc. stock quote today ?

Third Coast Bancshares, Inc. stock price is $18.31 today.

Is Third Coast Bancshares, Inc. stock public?

Yes, Third Coast Bancshares, Inc. is a publicly traded company.

Something similar

Top by Market Cap

ABEC.DE

FB2A.DE

AVGO

Company Profile

Volume Average 32.34K
Market Capitalization 251.73M
Employee 365
CEO Mr. Bart O. Caraway CPA
Headquarters Humble,TX,US
IPO Date 2021-11-09
Website https://www.tcbssb.com

Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.