Third Coast Bancshares, Inc. financial data

Symbol
TCBX on Nasdaq
Industry
Savings Institutions, Not Federally Chartered
Location
20202 Highway 59 North, Suite 190, Humble, TX
State of incorporation
TX
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 962 % +9.25%
Return On Equity 8.72 % +3.56%
Return On Assets 0.82 % -4.66%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 13.7M shares +0.43%
Common Stock, Shares, Outstanding 13.7M shares +0.41%
Entity Public Float 202M USD -27.5%
Common Stock, Value, Issued 13.7M USD +0.41%
Weighted Average Number of Shares Outstanding, Basic 13.7M shares +0.5%
Weighted Average Number of Shares Outstanding, Diluted 17M shares +0.97%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 46.1M USD +14.7%
Income Tax Expense (Benefit) 9.72M USD +24.7%
Net Income (Loss) Attributable to Parent 36.4M USD +12.3%
Earnings Per Share, Basic 2.32 USD/shares +9.43%
Earnings Per Share, Diluted 2.14 USD/shares +5.94%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 242M USD -1.23%
Deferred Income Tax Assets, Net 8.97M USD +14.9%
Property, Plant and Equipment, Net 27.6M USD -3.81%
Operating Lease, Right-of-Use Asset 20.9M USD -3.83%
Intangible Assets, Net (Excluding Goodwill) 929K USD -14.8%
Goodwill 18M USD 0%
Assets 4.47B USD +12.9%
Liabilities 4.04B USD +13.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 4.21M USD
Retained Earnings (Accumulated Deficit) 97.6M USD +48.1%
Stockholders' Equity Attributable to Parent 435M USD +9.86%
Liabilities and Equity 4.47B USD +12.9%

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 +0.41%
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%
Deferred Tax Assets, Gross 12.8M USD +28.5%
Operating Lease, Liability 21.9M USD -2.32%
Depreciation 1M USD +11.5%
Payments to Acquire Property, Plant, and Equipment 709K USD -69.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 42M USD +29.9%
Lessee, Operating Lease, Liability, to be Paid 26.4M USD -5.67%
Property, Plant and Equipment, Gross 43.6M USD +6.57%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.33M USD +6.93%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.26M USD +5.75%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.37M USD +5.58%
Preferred Stock, Shares Authorized 1M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 3.18M USD -1.98%
Additional Paid in Capital 320M USD +0.54%
Amortization of Intangible Assets 162K USD 0%
Share-based Payment Arrangement, Expense 129K USD +14.2%
Interest Expense 157M USD +87.1%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%