Third Coast Bancshares remains a 'buy' due to its attractive pricing, high asset quality, and growth in key Texas markets despite a 17% stock pullback. The company shows robust financial health with rising net interest margin, low debt, and management forecasting significant loan growth this year. Recent quarterly data reveals a slight decline in deposits but improvements in net interest income and non-accrual loans, supporting the company's growth trajectory.
Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q1 2025 Results Conference Call April 24, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Woody Lay - KBW Bernard Von Gizycki - Deutsche Bank Michael Rose - Raymond James Matt Olney - Stephens Dave Storms - Stonegate Operator Greetings, and welcome to the Third Coast Bancshares First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.61 per share a year ago.
Third Coast Bancshares: Solid Topline Growth, Balance Sheet To Match Growth Prospects
Third Coast Bancshares has shown rapid growth in deposits and loans, with significant expansion in key Texas markets like Houston, Austin, and Dallas Fort Worth. Despite a high valuation, its strong asset quality and potential for growth in rapidly expanding markets justify a soft 'buy' rating. The company's balance sheet and income statement have improved significantly, with net interest income and non-interest income both on the rise.
Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & CEO John McWhorter - CFO Audrey Duncan - CCO Conference Call Participants Woody Lay - KBW Bernard Von Gizycki - Deutsche Bank Tim Mitchell - Raymond James Jordan Ghent - Stephens Inc Dave Storms - Stonegate Capital Partners Brian Hagler - Kennedy Capital Management Operator Greetings and welcome to the Third Coast Bank Fourth Quarter and Full Year 2024 Conference Call. At this time, all participants are in a listen-only mode.
Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.57 per share a year ago.
Does Third Coast Bancshares, Inc. (TCBX) have what it takes to be a top stock pick for momentum investors? Let's find out.
A majority of deposits but only a minority of loans will re-price in the short term. Hence, rate cuts can boost the margin. I haven't incorporated tariffs in my outlook. Texas' economic activity is quite strong compared to the national average, which bodes well for loan growth. The December 2025 target price suggests a 9.5% upside from the current market price. TCBX doesn't pay a dividend on its common shares.
Third Coast Bancshares (TCBX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Third Coast Bancshares (TCBX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Third Coast Bancshares, Inc. (NASDAQ:TCBX ) Q3 2024 Earnings Call Transcript October 24, 2024 11:00 AM ET Company Participants Natalie Hairston - Investor Relations Bart Caraway - Chairman, President & Chief Executive Officer John McWhorter - Chief Financial Officer Audrey Duncan - Chief Credit Officer Conference Call Participants Matt Olney - Stephens Michael Rose - Raymond James Woody Lay – KBW Bernard Von Gizycki - Deutsche Bank Dave Storms - Stonegate Capital Partners Operator Greetings, and welcome to the Third Coast Bancshares Third Quarter 2024 Earnings Conference Call. This time, all participants are in a listen-only mode.