Third Coast Bancshares Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 142/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 43.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Third Coast Bancshares Inc's Score
Industry at a Glance
Industry Ranking
142 / 403
Overall Ranking
204 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
43.000
Target Price
+12.71%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Third Coast Bancshares Inc Highlights
StrengthsRisks
Third Coast Bancshares, Inc. is a bank holding company. The Company is operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank (the Bank). The Bank conducts banking operations through approximately 19 branches encompassing the four metropolitan areas in Texas. It is focused on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The Bank's deposits include checking accounts, money market accounts, savings accounts, a variety of certificates of deposit and individual retirement accounts. It offers traditional bank products such as checking, savings, money markets, and CD accounts, as well as a full range of banking services including retail and commercial online banking platforms, mobile banking apps, debit cards, credit cards, a suite of treasury management solutions, merchant card services and customer digital solutions.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 38.72% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 170.20M.
Overvalued
The company’s latest PB is 1.06, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 8.22M shares, decreasing 7.25% quarter-over-quarter.
Third Coast Bancshares, Inc. is a bank holding company. The Company is operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank (the Bank). The Bank conducts banking operations through approximately 19 branches encompassing the four metropolitan areas in Texas. It is focused on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The Bank's deposits include checking accounts, money market accounts, savings accounts, a variety of certificates of deposit and individual retirement accounts. It offers traditional bank products such as checking, savings, money markets, and CD accounts, as well as a full range of banking services including retail and commercial online banking platforms, mobile banking apps, debit cards, credit cards, a suite of treasury management solutions, merchant card services and customer digital solutions.
Ticker SymbolTCBX
CompanyThird Coast Bancshares Inc
CEOCaraway (Bart O)
Websitehttps://www.thirdcoast.bank/
FAQs
What is the current price of Third Coast Bancshares Inc (TCBX)?
The current price of Third Coast Bancshares Inc (TCBX) is 39.570.
What is the symbol of Third Coast Bancshares Inc?
The ticker symbol of Third Coast Bancshares Inc is TCBX.
What is the 52-week high of Third Coast Bancshares Inc?
The 52-week high of Third Coast Bancshares Inc is 41.700.
What is the 52-week low of Third Coast Bancshares Inc?
The 52-week low of Third Coast Bancshares Inc is 25.170.
What is the market capitalization of Third Coast Bancshares Inc?
The market capitalization of Third Coast Bancshares Inc is 549.20M.
What is the net income of Third Coast Bancshares Inc?
The net income of Third Coast Bancshares Inc is 42.92M.
Is Third Coast Bancshares Inc (TCBX) currently rated as Buy, Hold, or Sell?
According to analysts, Third Coast Bancshares Inc (TCBX) has an overall rating of Buy, with a price target of 43.000.
What is the Earnings Per Share (EPS TTM) of Third Coast Bancshares Inc (TCBX)?
The Earnings Per Share (EPS TTM) of Third Coast Bancshares Inc (TCBX) is 4.159.