SEC Form 10-Q filed by Third Coast Bancshares Inc.

Record Basic EPS of $0.85 and Diluted EPS of $0.74 HOUSTON, Oct. 23, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 third quarter financial results. 2024 Third Quarter Financial and Operational Highlights Net income totaled $12.8 million, or $0.85 and $0.74 per basic and diluted share, respectively, compared to $10.8 million, or $0.70 and $0.63 per basic and diluted share, respectively, for the second quarter of 2024.Return on average assets increased to 1.14% annualized compared to 0.97% annualized for the second quarter of 2024 and 0.56% annualized

HOUSTON, Oct. 2, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 third quarter financial results on Wednesday, October 23, 2024 after the market closes. Management has scheduled a conference call and webcast on Thursday, October 24, 2024 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss these financial results. What: Third Coast Bancshares' 2024 Third Quarter Earnings Conference Call When: Thursday, October 24, 2024 at 11:00 a.m. Eastern / 10:00 a.m. Central How: Live via phone – By dialing 201-389-0869 and ask for the Third Coast Bancshares, Inc. call at lea

HOUSTON, Sept. 19, 2024  /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock. The dividend is payable on October 15, 2024 to holders of record at the close of business on September 30, 2024. About Third Coast Bancshares, Inc.Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank. Founded in 2008 in

4 - Third Coast Bancshares, Inc. (0001781730) (Issuer)

4 - Third Coast Bancshares, Inc. (0001781730) (Issuer)

4 - Third Coast Bancshares, Inc. (0001781730) (Issuer)

Keefe Bruyette initiated coverage of Third Coast Bancshares with a rating of Outperform and set a new price target of $26.00

Raymond James upgraded Third Coast Bancshares from Mkt Perform to Outperform and set a new price target of $23.00

Raymond James downgraded Third Coast Bancshares from Outperform to Mkt Perform

10-Q - Third Coast Bancshares, Inc. (0001781730) (Filer)

8-K - Third Coast Bancshares, Inc. (0001781730) (Filer)

EFFECT - Third Coast Bancshares, Inc. (0001781730) (Filer)

Third Coast Bancshares (NASDAQ:TCBX) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.56 by 12.5 percent. This is a 18.87 percent increase over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $41.746 million which beat the analyst consensus estimate of $41.135 million by 1.49 percent. This is a 14.76 percent increase over sales of $36.376 million the same period last year.

Third Coast Bancshares (NASDAQ:TCBX) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.49 by 24.49 percent. This is a 10.91 percent increase over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $40.422 million which beat the analyst consensus estimate of $39.301 million by 2.85 percent. This is a 16.38 percent increase over sales of $34.732 million the same period last year.

Third Coast Bancshares (NASDAQ:TCBX) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.49 by 24.49 percent.