Financials Third Coast Bancshares, Inc.

Equities

TCBX

US88422P1093

Banks

Market Closed - Nasdaq 01:30:00 18/05/2024 am IST 5-day change 1st Jan Change
21.52 USD +0.94% Intraday chart for Third Coast Bancshares, Inc. +1.41% +8.30%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 344.2 249.4 270.3 293.8 -
Enterprise Value (EV) 1 344.2 249.4 270.3 293.8 293.8
P/E ratio 18.6 x 14.7 x 10 x 8.39 x 8.82 x
Yield - - - - -
Capitalization / Revenue 3.61 x 2.02 x 1.83 x 1.77 x 1.66 x
EV / Revenue 3.61 x 2.02 x 1.83 x 1.77 x 1.66 x
EV / EBITDA - - - - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 1.16 x 0.79 x 0.78 x 0.76 x 0.7 x
Nbr of stocks (in thousands) 13,248 13,532 13,604 13,653 -
Reference price 2 25.98 18.43 19.87 21.52 21.52
Announcement Date 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 95.43 123.7 147.7 166 177.5
EBITDA - - - - - -
EBIT 1 - 24.41 35.37 47.93 58.79 63.02
Operating Margin - 25.57% 28.6% 32.45% 35.41% 35.51%
Earnings before Tax (EBT) 1 - 14.48 23.17 41.61 50.13 52.07
Net income 1 12.12 11.42 18.66 28.66 38.59 40.06
Net margin - 11.97% 15.09% 19.4% 23.24% 22.57%
EPS 2 1.910 1.400 1.250 1.980 2.565 2.440
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 - - - - - -
Announcement Date 15/10/21 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 26.67 26.88 29 33.89 33.9 34.73 36.38 37.13 39.49 40.42 41.09 42.07 42.56 42.36 43.66
EBITDA - - - - - - - - - - - - - - -
EBIT 1 6.587 6.695 6.231 11.16 11.28 12.69 12.54 9.629 13.07 14.51 14.41 14.97 15.06 14.38 15.41
Operating Margin 24.69% 24.91% 21.48% 32.94% 33.26% 36.53% 34.48% 25.93% 33.11% 35.89% 35.07% 35.58% 35.4% 33.93% 35.3%
Earnings before Tax (EBT) 1 0.487 2.695 2.881 8.265 9.327 11.49 11.14 7.009 11.97 12.95 12.18 12.56 12.51 11.71 12.52
Net income 1 0.354 2.087 2.277 6.77 7.525 8.072 7.707 4.394 8.492 9.196 9.346 9.644 9.628 8.765 9.396
Net margin 1.33% 7.77% 7.85% 19.97% 22.2% 23.24% 21.19% 11.83% 21.51% 22.75% 22.75% 22.92% 22.63% 20.69% 21.52%
EPS 2 0.0300 0.1500 0.1600 0.4900 0.4400 0.5500 0.5300 0.3200 0.5700 0.6100 0.6094 0.6202 0.6110 0.5150 0.5550
Dividend per Share 2 0.0300 - - - - - - - - - - - - - -
Announcement Date 27/01/22 28/04/22 27/07/22 26/10/22 26/01/23 26/04/23 26/07/23 25/10/23 25/01/24 24/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) - 6.7% 5.62% 8.66% 9.4% 8.93%
ROA (Net income/ Total Assets) - 0.55% 0.58% 0.86% 0.87% 0.83%
Assets 1 - 2,077 3,217 3,333 4,436 4,827
Book Value Per Share 2 - 22.40 23.30 25.40 28.20 30.90
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 15/10/21 27/01/22 26/01/23 25/01/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
21.52 USD
Average target price
24.75 USD
Spread / Average Target
+15.01%
Consensus
  1. Stock Market
  2. Equities
  3. TCBX Stock
  4. Financials Third Coast Bancshares, Inc.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
BENEFIT NOW