Third Coast Bancshares, Inc.TCBXEarnings & Financial Report
Third Coast Bancshares, Inc. is a regional financial holding company headquartered in the U.S. Gulf Coast region. It provides a full suite of commercial and retail banking services including deposit products, business and consumer loans, mortgage services, and wealth management solutions, serving local small and medium-sized enterprises, individual consumers, and community clients across Texas and surrounding areas.
Revenue
$42.9M
Gross Profit
N/A
Operating Profit
$16.3M
Net Profit
$12.8M
Gross Margin
N/A
Operating Margin
37.9%
Net Margin
29.8%
YoY Growth
15.5%
EPS
$0.74
Third Coast Bancshares, Inc. Q3 FY2024 Financial Summary
Third Coast Bancshares, Inc. reported revenue of $42.9M (up 15.5% YoY) for Q3 FY2024, with a net profit of $12.8M (up 129.0% YoY) (29.8% margin).
Key Financial Metrics
| Total Revenue | $42.9M |
|---|---|
| Net Profit | $12.8M |
| Gross Margin | N/A |
| Operating Margin | 37.9% |
| Report Period | Q3 FY2024 |
Third Coast Bancshares, Inc. Annual Revenue by Year
Third Coast Bancshares, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $208.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $208.9M |
| 2024 | $171.4M |
| 2023 | $139.5M |
| 2022 | $116.5M |
Third Coast Bancshares, Inc. Quarterly Revenue & Net Profit History
Third Coast Bancshares, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $57.7M | — | $16.4M | 28.4% |
| Q4 FY2025 | $56.5M | +21.9% | $17.9M | 31.7% |
| Q3 FY2025 | $54.5M | +27.0% | $18.1M | 33.1% |
| Q2 FY2025 | $52.0M | +24.6% | $16.7M | 32.2% |
| Q1 FY2025 | $45.9M | +13.6% | $13.6M | 29.6% |
| Q4 FY2024 | $46.3M | +17.3% | $13.7M | 29.7% |
| Q3 FY2024 | $42.9M | +15.5% | $12.8M | 29.8% |
| Q2 FY2024 | $41.7M | +14.8% | $10.8M | 25.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.7M | $42.9M | $46.3M | $45.9M | $52.0M | $54.5M | $56.5M | $57.7M |
| YoY Growth | 14.8% | 15.5% | 17.3% | 13.6% | 24.6% | 27.0% | 21.9% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.47B | $4.63B | $4.94B | $4.90B | $4.94B | $5.06B | $5.34B | $6.58B |
| Liabilities | $4.04B | $4.18B | $4.48B | $4.42B | $4.45B | $4.55B | $4.81B | $5.93B |
| Equity | $435.0M | $450.5M | $460.7M | $479.8M | $496.1M | $513.8M | $531.0M | $650.5M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $7.3M | $22.0M | $35.1M | $10.5M | $13.9M | $20.7M | $50.8M |