Third Coast Bancshares Stock News

Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects

Third Coast Bancshares has shown rapid growth in deposits and loans, with significant expansion in key Texas markets like Houston, Austin, and Dallas Fort Worth. Despite a high valuation, its strong asset quality and potential for growth in rapidly expanding markets justify a soft 'buy' rating. The company's balance sheet and income statement have improved significantly, with net interest incom...

Small-cap stocks are trading at historically low valuations, with the S&P 600 index TTM at a 15.33 discount compared to the 30.16 for large-cap S&P 500. While large-cap stocks outperformed small-caps in 2024, small-caps rallied double-digits through year-end, gaining against mega-caps. Despite 2025's market volatility, small-cap capitulation may be on the horizon, and we have ten stocks poised ...

Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & CEO John McWhorter - CFO Audrey Duncan - CCO Conference Call Participants Woody Lay - KBW Bernard Von Gizycki - Deutsche Bank Tim Mitchell - Raymond James Jordan Ghent - Stephens Inc Dave Storms - Stonegate Capi...

Year Over Year Book Value grew 12.8% and Tangible Book Value(1) grew 13.6% HOUSTON , Jan. 22, 2025 /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 fourth quarter and full year financial results. 2024 Fourth Quarter Financial Highlights Net income totaled $13.7...

HOUSTON , Jan. 8, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 fourth quarter and full year financial results on Wednesday, January 22, 2025 after the market closes. Management has scheduled a conference call and webcast on Thursday, January 23, 2025 at 11:00 a.m.

HOUSTON , Dec. 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. The dividend is payable on January 15, 2025 to holders of record at the close of business on December ...

A majority of deposits but only a minority of loans will re-price in the short term. Hence, rate cuts can boost the margin. I haven't incorporated tariffs in my outlook. Texas' economic activity is quite strong compared to the national average, which bodes well for loan growth. The December 2025 target price suggests a 9.5% upside from the current market price. TCBX doesn't pay a dividend on it...