Third Coast Bancshares

TCBX

Market cap $653M

Third Coast Bancshares remains a 'Buy,' supported by robust balance sheet growth and attractive valuation post-Keystone Bancshares merger. TCBX demonstrates strong deposit growth, low uninsured deposit exposure (9.7%), and expanding loan and securities portfolios. Despite a slight decline in net interest margin to 3.67%, net interest income and net profits have both increased meaningfully.

Dallas, Texas--(Newsfile Corp. - April 24, 2026) - Third Coast Bancshares, Inc. (NYSE: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 1Q26, Third Coast reported net income of $16.4M, or $1.03/$0.88 basic/diluted EPS, versus $17.9M and $1.21/$1.02 in 4Q25. The linked-quarter decline was primarily driven by approximately $3.3M of pre-tax Keystone-related merger expense, including elevated legal/professional fees and higher compensation tied to retention, sign-on, and discretionary bonuses.

Third Coast Bancshares, Inc. (TCBX) Q1 2026 Earnings Call Transcript

Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.78 per share a year ago.

Completed Successful Merger with Keystone Bancshares, Inc. HOUSTON, April 22, 2026 /PRNewswire/ -- Third Coast Bancshares, Inc. (NYSE & NYSE Texas: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank (the "Bank"), today reported its 2026 first quarter financial results. 2026 First Quarter Financial Highlights Completed successful merger with Keystone Bancshares, Inc. ("Keystone") on February 1, 2026, which added approximately $812.0 million in loans, $1 billion in assets, and $844.2 million in deposits.

HOUSTON, April 8, 2026 /PRNewswire/ -- Third Coast Bancshares, Inc. (NYSE & NYSE Texas: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2026 first quarter financial results on Wednesday, April 22, 2026 after the market closes. Management has scheduled a conference call and webcast on Thursday, April 23, 2026 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss these financial results.

HOUSTON, March 19, 2026 /PRNewswire/ -- Third Coast Bancshares, Inc. (NYSE & NYSE Texas: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non–Cumulative Preferred Stock. The dividend is payable on April 15, 2026 to holders of record at the close of business on March 31, 2026.

Third Coast Bancshares is rated Buy, driven by strong operational metrics, robust loan growth, and strategic expansion in Texas' fastest-growing markets. TCBX's merger with Keystone Bancshares enhances Austin market presence, diversifies the loan portfolio, and is expected to deliver high single-digit EPS accretion by next year. Record 2025 results included $66.3M net income, 17.7% tangible book value growth, and a net interest margin above 4%, with continued efficiency improvements.

Third Coast Bancshares (TCBX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

JHG, TCBX and ENGIY made it to the Zacks Rank #1 (Strong Buy) value stocks list on February 11, 2026.