Revolutionize Your Portfolio with Third Coast Bancshares Stock
Third Coast Bancshares is a regional bank holding company based in Texas. The company operates through its wholly-owned subsidiary, Third Coast Bank, which offers a wide range of banking services including commercial and retail banking, mortgage lending, and wealth management.
The bank’s operations are primarily focused on serving small to medium-sized businesses, real estate developers, and high net-worth individuals. Third Coast Bank has a network of branches strategically located across Texas to cater to its diverse customer base.
Financial Performance and Ratios
Third Coast Bancshares Inc. has shown significant growth in recent years. In 2023, the company’s revenue was $141.41 million, an increase of 26.85% compared to the previous year’s $111.48 million1. Earnings were $28.67 million, an increase of 66.26%1.
Key financial ratios for Third Coast Bancshares Inc. include: PE Ratio: 13.62 in 2024, compared to 9.43 in 2023. PS Ratio: 2.95 in 2024, up from 1.91 in 2023. PB Ratio: 1.04 in 2024, compared to 0.66 in 2023. Debt/Equity Ratio: 0.31 in 2024, down from 0.37 in 2023. Return on Equity (ROE): 10.25% in 2024, up from 8.42% in 2023. Return on Assets (ROA): 0.99% in 2024, compared to 0.82% in 2023.
Third Coast Bancshares Stock Price Performance
Third Coast Bancshares Inc.’s stock has performed well over the past year. As of January 16, 2025, the stock price was $32.76. The stock has shown a 1-year return of 71.97%, outperforming the S&P 500’s 24.11% return. The 52-week range for the stock is $18.00 to $37.65.
Investment Insight
A credit institution holding company represents one of the fairest business models in the financial market. Despite being a young entity with results that are still stabilizing, its performance thus far has been remarkably impressive. The investment outlook is positive, indicating strong potential for growth. Should the company continue to adhere to its operational strategy, it could become a standout gem in the market. Already, market participants are recognizing and acknowledging the company’s promising potential.

Third Coast Bancshares Stock Forecast**
MIN/MAX | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
MIN | 19.03 | 20.23 | 21.52 | 22.89 | 24.34 |
MAX | 39.80 | 42.32 | 45.01 | 47.87 | 50.91 |
When to buy?
Currently, the stock price is situated in a bear market, presenting an opportune moment for us to seek entry positions. We anticipate further price declines, making this a prime time to monitor the market closely for potential buying opportunities. In summary, we are vigilantly tracking the market and are poised to capitalize on any favorable conditions that arise.
Dividend Policy
Third Coast Bancshares Inc. 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 January 15, 2025, to holders of record at the close of business on December 31, 2024. The company has a history of paying dividends, with an annual dividend of $16.87 per share in 2023.
Conclusion
Third Coast Bancshares Inc. has exhibited impressive financial growth and a positive investment outlook, making it a promising candidate for investors. With a diversified range of banking services and a strong presence in Texas, the company is well-positioned for continued success. As the stock currently finds itself in a bear market, this presents a strategic opportunity for investors to enter at a favorable price point. The company’s solid financial ratios and consistent performance make it an attractive investment with significant potential for future gains.
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*Investment analysis involves scrutinizing over 50 different criteria to assess a company's ability to generate shareholder value. This comprehensive approach includes tracking revenue, profit, equity dynamics, dividend payments, cash flow, debt and financial management, stock price trends, bankruptcy risk, F-Score, and more. These metrics are consolidated into a straightforward Investment Scoreboard, which effectively helps predict future stock price movements.
**Use the price forecast to manage the risk of your investments.
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