Third Coast Bancshares (TCBX) Set to Announce Earnings on Wednesday

Key Points

• Third Coast Bancshares is expected to report Q3 2026 results after market close on Wednesday, October 21. Analysts project earnings of $0.996 per share and revenue of $66.83 million, with the earnings call scheduled for October 22 at 11:00 a.m. ET.
• The bank exceeded expectations in the previous quarter, reporting EPS of $1.08 versus the $0.90 consensus and revenue of $67.99 million versus estimates of $62.75 million.
• TCBX recently authorized a $30 million share buyback, while analysts maintain a “Moderate Buy” consensus and an average price target of $47.60 compared with the stock’s reported price of $41.65.

Third Coast Bancshares (NASDAQ:TCBX - Get Free Report) will likely be issuing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $0.9960 per share and revenue of $66.83 million for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Third Coast Bancshares (NASDAQ:TCBX - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.18. The business had revenue of $67.99 million for the quarter, compared to analyst estimates of $62.75 million. Third Coast Bancshares had a net margin of 16.30% and a return on equity of 12.05%. On average, analysts expect Third Coast Bancshares to post $3.10 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

Third Coast Bancshares Stock Down 0.1%

TCBX stock opened at $41.65 on Wednesday. Third Coast Bancshares has a 52 week low of $35.73 and a 52 week high of $46.35. The firm has a 50-day simple moving average of $44.19 and a 200-day simple moving average of $41.22. The stock has a market capitalization of $691.06 million, a P/E ratio of 12.74 and a beta of 0.33.

Third Coast Bancshares declared that its Board of Directors has authorized a share buyback plan on Thursday, July 2nd that authorizes the company to buy back $30.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 4.5% of its stock through open market purchases. Share repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TCBX. Keefe, Bruyette & Woods lifted their price objective on Third Coast Bancshares from $45.00 to $48.00 and gave the stock a "market perform" rating in a report on Monday, August 3rd. Brean Capital assumed coverage on Third Coast Bancshares in a report on Wednesday, September 30th. They set a "neutral" rating and a $47.00 target price for the company. Piper Sandler started coverage on Third Coast Bancshares in a research report on Thursday, August 27th. They issued an "overweight" rating and a $53.00 target price on the stock. Finally, Benchmark upgraded Third Coast Bancshares to a "strong-buy" rating in a research report on Thursday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $47.60.

Third Coast Bancshares Company Profile

Third Coast Bancshares, Inc is the bank holding company for Third Coast Bank SSB, a Texas-based community bank. The company provides relationship-focused banking services to businesses, professionals and individuals through its banking operations in Texas.

Third Coast Bank offers commercial and consumer deposit products, including checking, savings and money market accounts, certificates of deposit and cash-management services. Its lending activities include commercial and industrial loans, commercial real estate financing, residential and other real estate loans, construction lending, and consumer loans.

Founded in 2008, Third Coast Bank serves communities in the Houston, Dallas-Fort Worth and other Texas markets through branch locations and digital banking channels.

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