Third Coast Bancshares, Inc. (TCBX) Financial Statements
Industry: Savings Institutions, Not Federally Chartered
In fiscal 2025, Third Coast Bancshares reported revenue of $208.9M, up 21.9% from $171.4M the year before. Net income was $66.3M (a 31.7% net margin), or $3.79 per diluted share. Net interest income was $195.2M, and the efficiency ratio (noninterest expense / revenue) was 56.8%. Operating activities generated $50.8M of cash. At fiscal year end, Third Coast Bancshares held $5.34B in total assets against $4.81B in total liabilities, including $175.2M of cash and equivalents.
Open the full interactive Third Coast Bancshares financials → Quarterly statements, key ratios, valuation history and price charts.
Third Coast Bancshares Key Stats
| Share Price | $41.78 |
|---|---|
| Market Cap | $849.6M |
| P/E Ratio | 11.0 |
| Revenue YoY Growth | +21.9% |
| 52-Week Range | $36.05 – $46.13 |
| Shares Outstanding | 16.6 million (basic, 2026 Q2) |
Third Coast Bancshares Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Net Interest Income | $90.6M | $116.5M | $139.5M | $160.8M | $195.2M |
| Provision for Credit Losses | $9.9M | $12.2M | $6.3M | $5.7M | $7.6M |
| Noninterest Income | $4.9M | $7.2M | $8.2M | $10.6M | $13.7M |
| Noninterest Expense | $71.0M | $88.3M | $99.8M | $104.3M | $118.5M |
| Revenue | $95.4M | $123.7M | $147.7M | $171.4M | $208.9M |
| Pre-Tax Income | $14.5M | $23.2M | $41.6M | $61.4M | $82.7M |
| Income Tax | $3.1M | $4.5M | $8.2M | $13.7M | $16.5M |
| Net Income | $11.4M | $18.7M | $33.4M | $47.7M | $66.3M |
| Diluted EPS | $1.40 | $1.25 | $1.98 | $2.78 | $3.79 |
Third Coast Bancshares Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $54.5M | $56.5M | $57.7M | $68.0M |
| Net Income | $18.1M | $17.9M | $16.4M | $22.0M |
| Diluted EPS | $1.03 | $1.02 | $0.88 | $1.08 |
Third Coast Bancshares Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $326.7M | $329.9M | $296.9M | $371.2M | $175.2M |
| Loans (Net) | $2.05B | $3.08B | $3.60B | — | — |
| Total Assets | $2.50B | $3.77B | $4.40B | $4.94B | $5.34B |
| Deposits | $2.14B | $3.24B | $3.80B | $4.31B | $4.63B |
| Total Long-Term Debt | $51.0M | $111.2M | $119.4M | $111.6M | $118.8M |
| Total Liabilities | $2.20B | $3.39B | $3.98B | $4.48B | $4.81B |
| Shareholders' Equity | $299.0M | $381.8M | $412.0M | $460.7M | $531.0M |
Third Coast Bancshares Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $4.6M | $21.8M | $39.1M | $35.1M | $50.8M |
| Cash From Investing | -$500.1M | -$1.24B | -$529.5M | -$520.9M | -$610.2M |
| Cash From Financing | $618.9M | $1.22B | $570.3M | $495.1M | $319.4M |
| Free Cash Flow | -$1.0M | $9.6M | $35.6M | $33.4M | — |
Figures from Third Coast Bancshares' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Third Coast Bancshares financials page for every line item.
Third Coast Bancshares Company Profile
| Ticker | TCBX |
|---|---|
| Exchange | NYSE |
| Industry | Savings Institutions, Not Federally Chartered |
| Headquarters | Humble, Texas |
| Incorporated in | Texas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001781730 |
Frequently Asked Questions
What was Third Coast Bancshares' revenue in fiscal 2025?
Third Coast Bancshares (TCBX) reported revenue of $208.9M for fiscal 2025.
What is Third Coast Bancshares' annual revenue history?
Third Coast Bancshares' annual revenue by fiscal year: 2021: $95.4M; 2022: $123.7M; 2023: $147.7M; 2024: $171.4M; 2025: $208.9M.
What was Third Coast Bancshares' net income in fiscal 2025?
Third Coast Bancshares reported net income of $66.3M for fiscal 2025.
What was Third Coast Bancshares' earnings per share (EPS) in fiscal 2025?
Third Coast Bancshares' diluted EPS was $3.79 for fiscal 2025 (adjusted for any later stock splits).
What was Third Coast Bancshares' revenue last quarter?
In its most recent reported quarter (2026 Q2), Third Coast Bancshares reported revenue of $68.0M.
How much debt does Third Coast Bancshares have?
Third Coast Bancshares reported $118.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Third Coast Bancshares are outstanding?
Third Coast Bancshares reported a weighted average of 16.6 million basic shares outstanding in 2026 Q2.
What is Third Coast Bancshares' market cap?
Based on its latest closing price, Third Coast Bancshares (TCBX) has a market capitalization of about $849.6M.
When does Third Coast Bancshares' fiscal year end?
Third Coast Bancshares' fiscal year end, as registered with the SEC, is December 31.
Where is Third Coast Bancshares headquartered?
Third Coast Bancshares lists its business address in Humble, Texas in its SEC filings.
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