Third Coast Bancshares (TCBX)

• Market cap: $469M
• 1 day: 2.33%
• 5 days: -6.93%
• 1 month: -3.95%
• 3 months: 24.55%
• 6 months: 74.92%
• Year to date: 74.83%
• 1 year: 78.48%
• 5 years: 36.95%
• 10 years: 36.95%
• Sector: Financials
• Industry: Savings Institutions, Not Federally Chartered

About: Third Coast Bancshares Inc is a bank holding company. It focuses on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The bank operates eleven branches in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and one branch in Detroit, Texas. The company has one segment, community banking, it generates most of its revenue from interest on loans, customer service, and loan fees.

Employees: 365

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

44% more capital invested

Capital invested by funds: $118M [Q2] → $169M (+$51.4M) [Q3]

17% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 24

13% more funds holding

Funds holding: 80 [Q2] → 90 (+10) [Q3]

5.82% more ownership

Funds ownership: 40.73% [Q2] → 46.55% (+5.82%) [Q3]