Third Return On Tangible Assets from 2010 to 2024

TCBX Stock  USD 36.00  0.21  0.58%   
Third Coast Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0076309
Current Value
0.004215
Quarterly Volatility
0.00166077
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Coast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Coast's main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Net Interest Income of 97.5 M or Interest Income of 138 M, as well as many indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0184 or PTB Ratio of 0.62. Third financial statements analysis is a perfect complement when working with Third Coast Valuation or Volatility modules.
  
Check out the analysis of Third Coast Correlation against competitors.

Latest Third Coast's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Third Coast Bancshares over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Third Coast's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Coast's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Third Return On Tangible Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation46.30
Mean Deviation0
Median0
Standard Deviation0
Sample Variance0.00000276
Range0.005
R-Value0.71
Mean Square Error0.00000148
R-Squared0.50
Significance0
Slope0.0003
Total Sum of Squares0.000039

Third Return On Tangible Assets History

2024 0.004215
2023 0.007631
2022 0.00497
2021 0.004606
2020 0.006556

About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Third Coast. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Third Stock Analysis

When running Third Coast's price analysis, check to measure Third Coast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.