Third Coast Bancshares Stock Today

TCBX Stock  USD 36.21  0.09  0.25%   

Performance

22 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Third Coast is trading at 36.21 as of the 26th of November 2024; that is 0.25 percent increase since the beginning of the trading day. The stock's open price was 36.12. Third Coast has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Third Coast Bancshares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of July 2023 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
9th of November 2021
Category
Financial Services
Classification
Financials
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 was founded in 2008 and is headquartered in Humble, Texas. The company has 13.68 M outstanding shares of which 97.04 K shares are at this time shorted by private and institutional investors with about 2.28 trading days to cover. More on Third Coast Bancshares

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Third Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President ChairmanBart CPA
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00420.0076
Way Down
Slightly volatile
Asset Turnover0.03870.0322
Fairly Up
Slightly volatile
Total Current Liabilities3.9 B3.7 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.2 BB
Sufficiently Up
Slightly volatile
Total AssetsB4.4 B
Way Down
Slightly volatile
Total Current Assets293.3 M435 M
Way Down
Slightly volatile
Debt Levels
Third Coast can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Third Coast's financial leverage. It provides some insight into what part of Third Coast's total assets is financed by creditors.
Liquidity
Third Coast Bancshares currently holds 141.71 M in liabilities. Note, when we think about Third Coast's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

645.07 Million
Third Coast Bancshares (TCBX) is traded on NASDAQ Exchange in USA. It is located in 20202 Highway 59 North, Humble, TX, United States, 77338 and employs 358 people. Third Coast is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 495.32 M. Third Coast Bancshares conducts business under Banks sector and is part of Financials industry. The entity has 13.68 M outstanding shares of which 97.04 K shares are at this time shorted by private and institutional investors with about 2.28 trading days to cover. Third Coast Bancshares currently holds about 217.98 M in cash with 39.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.1.
Check Third Coast Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Third Coast is $495.32 Million. 30% of Third Coast Bancshares outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the company is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Third Ownership Details

Third Stock Institutional Holders

InstituionRecorded OnShares
Ronald Blue Trust, Inc.2024-09-30
147.1 K
Bridgeway Capital Management, Llc2024-09-30
118.4 K
Hillsdale Investment Management Inc.2024-09-30
110.7 K
Northern Trust Corp2024-09-30
99.9 K
Renaissance Technologies Corp2024-09-30
79.2 K
Rhino Investment Partners, Inc.2024-09-30
78.2 K
American Century Companies Inc2024-09-30
77.6 K
Bank Of America Corp2024-06-30
59.2 K
Ameriprise Financial Inc2024-06-30
54.7 K
Blackrock Inc2024-06-30
860.1 K
Vanguard Group Inc2024-09-30
633.8 K
View Third Coast Diagnostics

Third Coast Historical Income Statement

At this time, Third Coast's Interest Expense is fairly stable compared to the past year. Total Revenue is likely to rise to about 279.9 M in 2024, whereas Tax Provision is likely to drop slightly above 4.3 M in 2024. View More Fundamentals

Third Stock Against Markets

Third Coast Corporate Management

Andrew NovariniExecutive BankingProfile
Sarah NathoTreasurerProfile
Jo DeanSecretaryProfile
William BobboraExecutive OfficerProfile
Liz EberExecutive OfficerProfile
Christopher PeacockExecutive OfficerProfile

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.