Third Coast Bancshares, Inc. financial data

Symbol
TCBX on Nasdaq
Industry
Savings Institutions, Not Federally Chartered
Location
20202 Highway 59 North, Suite 190, Humble, Texas
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 956 % +5.95%
Return On Equity 8.46 % +18.6%
Return On Assets 0.8 % +12.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.7M shares +0.54%
Common Stock, Shares, Outstanding 13.7M shares +0.54%
Entity Public Float 202M USD -27.5%
Common Stock, Value, Issued 13.7M USD +0.53%
Weighted Average Number of Shares Outstanding, Basic 13.6M shares +0.55%
Weighted Average Number of Shares Outstanding, Diluted 16.9M shares +0.8%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 43.1M USD +34.8%
Income Tax Expense (Benefit) 8.55M USD +39.1%
Net Income (Loss) Attributable to Parent 34.5M USD +33.7%
Earnings Per Share, Basic 2.19 USD/shares +27.3%
Earnings Per Share, Diluted 2.04 USD/shares +23.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 368M USD +19%
Deferred Income Tax Assets, Net 8.71M USD +21.9%
Property, Plant and Equipment, Net 26.8M USD -5.82%
Operating Lease, Right-of-Use Asset 20.7M USD +7.25%
Intangible Assets, Net (Excluding Goodwill) 929K USD -14.8%
Goodwill 18M USD 0%
Assets 4.66B USD +20.7%
Liabilities 4.24B USD +22%
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.87M USD
Retained Earnings (Accumulated Deficit) 88M USD +51.2%
Stockholders' Equity Attributable to Parent 424M USD +9.45%
Liabilities and Equity 4.66B USD +20.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9.43M USD +18.1%
Net Cash Provided by (Used in) Financing Activities 251M USD +195%
Net Cash Provided by (Used in) Investing Activities -174M USD -52.7%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 13.7M shares +0.54%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 86.4M USD
Interest Paid, Excluding Capitalized Interest, Operating Activities 41.7M USD +63.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure
Deferred Tax Assets, Gross 12.8M USD +28.5%
Operating Lease, Liability 21.6M USD +9.08%
Depreciation 957K USD +10.5%
Payments to Acquire Property, Plant, and Equipment 3.44M USD -71.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 39.5M USD +73.2%
Lessee, Operating Lease, Liability, to be Paid 27.2M USD -4.42%
Property, Plant and Equipment, Gross 41.8M USD +4.79%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.32M USD +7.96%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.25M USD +6.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -2.89M USD -131%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.36M USD +6.6%
Current Income Tax Expense (Benefit) 11.1M USD +92.8%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.17M USD -1.4%
Additional Paid in Capital 320M USD +0.54%
Amortization of Intangible Assets 162K USD 0%
Share-based Payment Arrangement, Expense 124K USD -12.7%
Interest Expense 143M USD +139%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%