TCBX · Third Coast Bancshares, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.58M | - | $1.00M | $1.10M | $1.08M | - | $1.00M | $897.0K | $957.0K | - |
| Operating Income | $19.00M | - | $22.83M | $21.05M | $17.35M | - | $16.26M | $14.22M | $12.95M | - |
| Interest Expense | - | - | - | - | - | - | - | $42.37M | $40.80M | - |
| Income Tax | $2.63M | - | $4.77M | $4.30M | $3.76M | - | $3.49M | $3.42M | $2.58M | - |
| Net Income | $16.37M | - | $18.06M | $16.75M | $13.59M | - | $12.78M | $10.80M | $10.37M | - |
| EPS - Basic | $1.03 | - | $1.22 | $1.12 | $0.90 | - | $0.85 | $0.70 | $0.68 | - |
| EPS - Diluted | $0.88 | - | $1.03 | $0.96 | $0.78 | - | $0.74 | $0.63 | $0.61 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $425.17M | $175.20M | $116.38M | $113.14M | $218.99M | $371.16M | $258.19M | $241.81M | $367.83M | $296.93M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $6.58B | $5.34B | $5.06B | $4.94B | $4.90B | $4.94B | $4.63B | $4.47B | $4.66B | $4.40B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.93B | $4.81B | $4.55B | $4.45B | $4.42B | $4.48B | $4.18B | $4.04B | $4.24B | $3.98B |
| Stockholders' Equity | $650.53M | $531.03M | $513.83M | $496.12M | $479.79M | $460.72M | $450.55M | $435.00M | $423.62M | $411.97M |
| Retained Earnings | $198.44M | $183.24M | $166.54M | $149.68M | $134.12M | $121.70M | $109.16M | $97.58M | $87.97M | $78.78M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($38.70M) | - | - | - | $10.47M | - | - | - | $9.43M | - |
| Investing Cash Flow | $25.74M | - | - | - | ($39.64M) | - | - | - | ($174.50M) | - |
| Financing Cash Flow | $263.04M | - | - | - | ($62.67M) | - | - | - | $251.48M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 13.8% | - | 20.9% | 20.4% | 21.7% | - | 21.4% | 24.1% | 19.9% | - |
| Return on assets | 0.2% | - | 0.4% | 0.3% | 0.3% | - | 0.3% | 0.2% | 0.2% | - |
| Return on equity | 2.5% | - | 3.5% | 3.4% | 2.8% | - | 2.8% | 2.5% | 2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | 0.3x | 0.3x | - |
| Equity multiplier | 10.12 | 10.06 | 9.85 | 9.96 | 10.21 | 10.73 | 10.27 | 10.29 | 11.00 | 10.67 |
| Liabilities / Assets | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.91 | 0.90 | 0.90 | 0.91 | 0.91 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 43.0x | - | 36.9x | 34.0x | 42.8x | - | 36.2x | 33.8x | 32.8x | - |
| P / B | 1.1x | - | 1.3x | 1.1x | 1.2x | - | 1.0x | 0.8x | 0.8x | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | 13.5x | - | 23.0x | 20.5x | 19.7x | - | 11.7x | 8.0x | -2.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 9.5% | - | 40.4% | 48.0% | 34.0% | - | 132.0% | 27.6% | 12.7% | - |
| Net income growth (YoY) | 20.5% | - | 41.3% | 55.1% | 31.1% | - | 129.0% | 21.4% | 12.2% | - |
| EPS growth (YoY) | 12.8% | - | 39.2% | 52.4% | 27.9% | - | 131.3% | 18.9% | 10.9% | - |
| EPS CAGR (3y) | 17.0% | - | 28.1% | 81.7% | 73.2% | - | 38.3% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 35.6% | 15.3% | 14.0% | 14.0% | 13.3% | 11.8% | 12.5% | 9.9% | 9.4% | 7.9% |
Peer comparison
Same SIC group: Savings Institutions, Not Federally Chartered
Comparing Third Coast Bancshares against the 5 most active filers in the same SIC group.