NASDAQ:TCBX Third Coast Bancshares - TCBX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Third Coast Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $16.50 -0.03 (-0.18%) (As of 03/20/2023 01:29 PM ET) Add Compare Share Share Today's Range$16.27▼$16.6150-Day Range$14.86▼$19.6352-Week Range$14.00▼$26.75Volume14,793 shsAverage Volume24,501 shsMarket Capitalization$224.07 millionP/E Ratio13.31Dividend YieldN/APrice Target$25.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Third Coast Bancshares MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside52.9% Upside$25.00 Price TargetShort InterestHealthy1.21% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 3 Articles This WeekInsider TradingAcquiring Shares$32,464 Bought Last QuarterProj. Earnings Growth17.95%From $1.95 to $2.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.03 out of 5 starsFinance Sector130th out of 873 stocksSavings Institutions, Except Federal Industry4th out of 14 stocks 3.3 Analyst's Opinion Consensus RatingThird Coast Bancshares has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, Third Coast Bancshares has a forecasted upside of 52.9% from its current price of $16.35.Amount of Analyst CoverageThird Coast Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.21% of the float of Third Coast Bancshares has been sold short.Short Interest Ratio / Days to CoverThird Coast Bancshares has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Third Coast Bancshares has recently decreased by 7.68%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldThird Coast Bancshares does not currently pay a dividend.Dividend GrowthThird Coast Bancshares does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TCBX. Previous Next 3.3 News and Social Media Coverage News SentimentThird Coast Bancshares has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Third Coast Bancshares this week, compared to 1 article on an average week.Search Interest7 people have searched for TCBX on MarketBeat in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Third Coast Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $32,464.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of Third Coast Bancshares is held by insiders.Percentage Held by Institutions50.00% of the stock of Third Coast Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Third Coast Bancshares are expected to grow by 17.95% in the coming year, from $1.95 to $2.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Third Coast Bancshares is 13.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Third Coast Bancshares is 13.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.97.Price to Book Value per Share RatioThird Coast Bancshares has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Third Coast Bancshares (NASDAQ:TCBX) StockThird Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.Read More Receive TCBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Third Coast Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address TCBX Stock News HeadlinesMarch 17, 2023 | finance.yahoo.comRegions Financial (RF) Moves 5.4% Higher: Will This Strength Last?March 16, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred StockMarch 20, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 13, 2023 | americanbankingnews.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) Insider Purchases $14,544.00 in StockMarch 12, 2023 | americanbankingnews.comWilliam Bobbora Acquires 1,000 Shares of Third Coast Bancshares, Inc. (NASDAQ:TCBX) StockMarch 10, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (NASDAQ:TCBX) has caught the attention of institutional investors who hold a sizeable 40% stakeMarch 1, 2023 | wsj.comThird Coast Bancshares Inc.February 28, 2023 | bizjournals.comThird Coast Bancshares promotes 5 executivesMarch 20, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.January 30, 2023 | msn.comStephens & Co. Maintains Overweight Rating for Third Coast Bancshares: Here's What You Need To KnowJanuary 28, 2023 | finance.yahoo.comThird Coast Bancshares Full Year 2022 Earnings: In Line With ExpectationsJanuary 26, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Q4 Earnings Surpass EstimatesJanuary 26, 2023 | msn.comThird Coast Bancshares GAAP EPS of $0.44 beats by $0.03, revenue of $33.9M misses by $0.31MJanuary 26, 2023 | finance.yahoo.comTHIRD COAST BANCSHARES, INC. REPORTS 2022 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTSJanuary 25, 2023 | msn.comEarnings Preview: Third Coast BancsharesJanuary 12, 2023 | finance.yahoo.comThird Coast Bancshares, Inc. Announces 2022 Fourth Quarter and Full Year Earnings Release and Conference Call ScheduleDecember 30, 2022 | finance.yahoo.comShareholders in Third Coast Bancshares (NASDAQ:TCBX) are in the red if they invested a year agoDecember 14, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX)November 1, 2022 | finance.yahoo.comBank earnings: Stellar Bancorp's CBTX and Allegiance, Third Coast Bank report Q3 earningsOctober 26, 2022 | finance.yahoo.comTHIRD COAST BANCSHARES, INC. REPORTS THIRD QUARTER 2022 FINANCIAL RESULTSOctober 26, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Q3 Earnings and Revenues Surpass EstimatesOctober 25, 2022 | msn.comThird Coast Bancshares Earnings PreviewOctober 19, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. (TCBX) Earnings Expected to Grow: Should You Buy?October 14, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. Declares Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred StockOctober 13, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. Announces 2022 Third Quarter Earnings Release and Conference Call ScheduleOctober 3, 2022 | finance.yahoo.comThird Coast Bancshares, Inc. Announces Closing of $69.4 Million Private Placement of Convertible Preferred StockSeptember 8, 2022 | seekingalpha.comThird Coast Bancshares announces private placement of $69.4MSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TCBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Third Coast Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address TCBX Company Calendar Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Today3/20/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Estimated)4/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Savings institutions, except federal Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:TCBX CUSIPN/A CIK1781730 Webwww.tcbssb.com Phone281-446-7000FaxN/AEmployees334Year FoundedN/APrice Target and Rating Average Stock Price Forecast$25.00 High Stock Price Forecast$30.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside+52.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.24 Trailing P/E Ratio13.19 Forward P/E Ratio8.38 P/E GrowthN/ANet Income$18.66 million Net Margins11.58% Pretax Margin14.38% Return on Equity5.48% Return on Assets0.55% Debt Debt-to-Equity RatioN/A Current Ratio1.02 Quick Ratio1.03 Sales & Book Value Annual Sales$161.17 million Price / Sales1.38 Cash Flow$1.34 per share Price / Cash Flow12.21 Book Value$22.40 per share Price / Book0.73Miscellaneous Outstanding Shares13,580,000Free Float12,466,000Market Cap$222.03 million OptionableNot Optionable Beta0.38 Key ExecutivesMr. Bart O. Caraway CPA (Age 51)Chairman, Pres & CEO Comp: $1.25MMr. R. John McWhorter (Age 57)Chief Financial Officer Comp: $609.34kMs. Debbie SmithChief Operating OfficerMs. Audrey A. Duncan (Age 57)Sr. EVP & Chief Credit Officer of Third Coast Bank Mr. Bill BobboraExec. VP & Chief Banking OfficerMr. Andrew NovariniExec. VP & Pres of Community BankingMs. Sarah NathoTreasurerJo Ann DeanSec.More ExecutivesKey CompetitorsNortheast Community BancorpNASDAQ:NECBFS BancorpNASDAQ:FSBWTimberland BancorpNASDAQ:TSBKBlue Foundry BancorpNASDAQ:BLFYPioneer BancorpNASDAQ:PBFSView All CompetitorsInsiders & InstitutionsWilliam BobboraBought 900 shares on 3/10/2023Total: $14,544.00 ($16.16/share)William BobboraBought 1,000 shares on 3/8/2023Total: $17,920.00 ($17.92/share)Voya Investment Management LLCSold 39,274 shares on 2/28/2023Ownership: 0.410%Alliancebernstein L.P.Sold 112,904 shares on 2/16/2023Ownership: 2.089%Morgan StanleyBought 1,721 shares on 2/15/2023Ownership: 0.296%View All Insider TransactionsView All Institutional Transactions TCBX Stock - Frequently Asked Questions Should I buy or sell Third Coast Bancshares stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Third Coast Bancshares in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TCBX shares. View TCBX analyst ratings or view top-rated stocks. What is Third Coast Bancshares' stock price forecast for 2023? 3 brokerages have issued 12 month price objectives for Third Coast Bancshares' stock. Their TCBX share price forecasts range from $22.00 to $30.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 52.9% from the stock's current price. View analysts price targets for TCBX or view top-rated stocks among Wall Street analysts. How have TCBX shares performed in 2023? Third Coast Bancshares' stock was trading at $18.43 on January 1st, 2023. Since then, TCBX shares have decreased by 11.3% and is now trading at $16.35. View the best growth stocks for 2023 here. When is Third Coast Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our TCBX earnings forecast. How often does Third Coast Bancshares pay dividends? What is the dividend yield for Third Coast Bancshares? Third Coast Bancshares declared a dividend on Thursday, March 16th. Stockholders of record on Friday, March 31st will be given a dividend of $16.875 per share on Monday, April 17th. The ex-dividend date is Thursday, March 30th. Read our dividend analysis for TCBX. What ETFs hold Third Coast Bancshares' stock? ETFs with the largest weight of Third Coast Bancshares (NASDAQ:TCBX) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA). When did Third Coast Bancshares IPO? (TCBX) raised $88 million in an IPO on Tuesday, November 9th 2021. The company issued 3,500,000 shares at a price of $24.00-$26.00 per share. What is Third Coast Bancshares' stock symbol? Third Coast Bancshares trades on the NASDAQ under the ticker symbol "TCBX." Who are Third Coast Bancshares' major shareholders? Third Coast Bancshares' stock is owned by a number of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (3.58%), M3F Inc. (2.35%), Alliancebernstein L.P. (2.09%), Clearbridge Investments LLC (0.50%), Millennium Management LLC (0.47%) and Voya Investment Management LLC (0.41%). Insiders that own company stock include Martin Basaldua and William Bobbora. View institutional ownership trends. How do I buy shares of Third Coast Bancshares? Shares of TCBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Third Coast Bancshares' stock price today? One share of TCBX stock can currently be purchased for approximately $16.35. How much money does Third Coast Bancshares make? Third Coast Bancshares (NASDAQ:TCBX) has a market capitalization of $222.03 million and generates $161.17 million in revenue each year. The company earns $18.66 million in net income (profit) each year or $1.24 on an earnings per share basis. How many employees does Third Coast Bancshares have? The company employs 334 workers across the globe. How can I contact Third Coast Bancshares? The official website for the company is www.tcbssb.com. The company can be reached via phone at 281-446-7000 or via email at gkimbrell@tcbssb.com. This page (NASDAQ:TCBX) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.