Third Coast Bancshares (TCBX)

• Market cap: $387M
• 1 day: -1.27%
• 5 days: 2.60%
• 1 month: -13.83%
• 3 months: -14.37%
• 6 months: 5.23%
• Year to date: -12.36%
• 1 year: 45.87%
• 5 years: 15.07%
• 10 years: 15.07%
• Sector: Financials
• Industry: Banks - Regional

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 operates through one segment, community banking, It generates the majority of its revenue from interest on loans, customer service, and loan fees.

Employees: 369

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

400% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 9

243% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 14

44% more capital invested

Capital invested by funds: $169M [Q3] → $244M (+$74.8M) [Q4]

37% more funds holding

Funds holding: 90 [Q3] → 123 (+33) [Q4]

5.74% more ownership

Funds ownership: 46.55% [Q3] → 52.29% (+5.74%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 46% upside
• Avg. target: $42 46% upside
• High target: $42 46% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Keefe, Bruyette & Woods Wood Lay 23% 1-year accuracy 14 / 62 met price target	46% upside $42	Market Perform Downgraded	29 Jan 2025
Stephens & Co. Matt Olney 28% 1-year accuracy 10 / 36 met price target	46% upside $42	Overweight Reiterated	23 Jan 2025