Third Operating Income vs Interest Income Analysis
TCBX Stock | USD 35.50 0.09 0.25% |
Third Coast financial indicator trend analysis is much more than just breaking down Third Coast Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Third Coast Bancshares is a good investment. Please check the relationship between Third Coast Operating Income and its Interest Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Operating Income vs Interest Income
Operating Income vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Third Coast Bancshares Operating Income account and Interest Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Third Coast's Operating Income and Interest Income is 0.87. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of Third Coast Bancshares, assuming nothing else is changed. The correlation between historical values of Third Coast's Operating Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Third Coast Bancshares are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Operating Income i.e., Third Coast's Operating Income and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Operating Income
Operating Income is the amount of profit realized from Third Coast Bancshares operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Third Coast Bancshares is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Most indicators from Third Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Third Coast Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. Sales General And Administrative To Revenue is likely to rise to 0.54 in 2024, whereas Tax Provision is likely to drop slightly above 4.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 90.6M | 116.5M | 134.3M | 97.5M | Tax Provision | 3.1M | 4.5M | 7.7M | 4.3M |
Third Coast fundamental ratios Correlations
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Third Coast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.