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Side-by-side financial comparison of SHENANDOAH TELECOMMUNICATIONS CO (SHEN) and Third Coast Bancshares, Inc. (TCBX). Click either name above to swap in a different company.
SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $57.7M, roughly 1.6× Third Coast Bancshares, Inc.). Third Coast Bancshares, Inc. runs the higher net margin — 28.4% vs -5.9%, a 34.2% gap on every dollar of revenue. Over the past eight quarters, Third Coast Bancshares, Inc.'s revenue compounded faster (17.5% CAGR vs 15.0%).
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
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.
SHEN vs TCBX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $91.6M | $57.7M |
| Net Profit | $-5.4M | $16.4M |
| Gross Margin | — | — |
| Operating Margin | -1.0% | — |
| Net Margin | -5.9% | 28.4% |
| Revenue YoY | 7.2% | — |
| Net Profit YoY | -95.8% | 20.5% |
| EPS (diluted) | $-0.13 | $0.88 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $57.7M | ||
| Q4 25 | $91.6M | $56.5M | ||
| Q3 25 | $89.8M | $54.5M | ||
| Q2 25 | $88.6M | $52.0M | ||
| Q1 25 | $87.9M | $45.9M | ||
| Q4 24 | $85.4M | $46.3M | ||
| Q3 24 | $87.6M | $42.9M | ||
| Q2 24 | $85.8M | $41.7M |
| Q1 26 | — | $16.4M | ||
| Q4 25 | $-5.4M | $17.9M | ||
| Q3 25 | $-9.4M | $18.1M | ||
| Q2 25 | $-9.0M | $16.7M | ||
| Q1 25 | $-9.1M | $13.6M | ||
| Q4 24 | $-2.7M | $13.7M | ||
| Q3 24 | $-5.3M | $12.8M | ||
| Q2 24 | $-12.9M | $10.8M |
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | 38.1% | ||
| Q3 25 | -8.0% | 41.9% | ||
| Q2 25 | -10.3% | 40.5% | ||
| Q1 25 | -6.9% | 37.8% | ||
| Q4 24 | -6.7% | 38.7% | ||
| Q3 24 | -4.8% | 37.9% | ||
| Q2 24 | -18.5% | 34.1% |
| Q1 26 | — | 28.4% | ||
| Q4 25 | -5.9% | 31.7% | ||
| Q3 25 | -10.5% | 33.1% | ||
| Q2 25 | -10.2% | 32.2% | ||
| Q1 25 | -10.4% | 29.6% | ||
| Q4 24 | -3.2% | 29.7% | ||
| Q3 24 | -6.0% | 29.8% | ||
| Q2 24 | -15.0% | 25.9% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.13 | $1.02 | ||
| Q3 25 | $-0.20 | $1.03 | ||
| Q2 25 | $-0.19 | $0.96 | ||
| Q1 25 | $-0.19 | $0.78 | ||
| Q4 24 | $-0.34 | $0.80 | ||
| Q3 24 | $-0.13 | $0.74 | ||
| Q2 24 | $-0.24 | $0.63 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.3M | — |
| Total DebtLower is stronger | $642.4M | — |
| Stockholders' EquityBook value | $880.8M | $650.5M |
| Total Assets | $1.9B | $6.6B |
| Debt / EquityLower = less leverage | 0.73× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $27.3M | $175.2M | ||
| Q3 25 | $22.6M | $116.4M | ||
| Q2 25 | $29.1M | $113.1M | ||
| Q1 25 | $87.5M | $219.0M | ||
| Q4 24 | $46.3M | $371.2M | ||
| Q3 24 | $43.1M | $258.2M | ||
| Q2 24 | $43.8M | $241.8M |
| Q1 26 | — | — | ||
| Q4 25 | $642.4M | — | ||
| Q3 25 | $535.4M | — | ||
| Q2 25 | $513.1M | — | ||
| Q1 25 | $515.8M | — | ||
| Q4 24 | $418.0M | — | ||
| Q3 24 | $345.2M | — | ||
| Q2 24 | $297.4M | — |
| Q1 26 | — | $650.5M | ||
| Q4 25 | $880.8M | $531.0M | ||
| Q3 25 | $892.7M | $513.8M | ||
| Q2 25 | $902.0M | $496.1M | ||
| Q1 25 | $910.5M | $479.8M | ||
| Q4 24 | $918.6M | $460.7M | ||
| Q3 24 | $925.4M | $450.5M | ||
| Q2 24 | $933.1M | $435.0M |
| Q1 26 | — | $6.6B | ||
| Q4 25 | $1.9B | $5.3B | ||
| Q3 25 | $1.9B | $5.1B | ||
| Q2 25 | $1.8B | $4.9B | ||
| Q1 25 | $1.8B | $4.9B | ||
| Q4 24 | $1.7B | $4.9B | ||
| Q3 24 | $1.7B | $4.6B | ||
| Q2 24 | $1.7B | $4.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.73× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.57× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.32× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.8M | — |
| Free Cash FlowOCF − Capex | $-78.6M | — |
| FCF MarginFCF / Revenue | -85.8% | — |
| Capex IntensityCapex / Revenue | 117.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-257.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $28.8M | $50.8M | ||
| Q3 25 | $30.7M | $20.7M | ||
| Q2 25 | $20.9M | $13.9M | ||
| Q1 25 | $20.5M | $10.5M | ||
| Q4 24 | $20.6M | $35.1M | ||
| Q3 24 | $24.3M | $22.0M | ||
| Q2 24 | $2.5M | $7.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-78.6M | — | ||
| Q3 25 | $-51.4M | — | ||
| Q2 25 | $-65.3M | — | ||
| Q1 25 | $-62.7M | — | ||
| Q4 24 | $-72.0M | $33.4M | ||
| Q3 24 | $-51.3M | — | ||
| Q2 24 | $-78.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | -85.8% | — | ||
| Q3 25 | -57.2% | — | ||
| Q2 25 | -73.7% | — | ||
| Q1 25 | -71.3% | — | ||
| Q4 24 | -84.3% | 72.1% | ||
| Q3 24 | -58.5% | — | ||
| Q2 24 | -91.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 117.2% | — | ||
| Q3 25 | 91.4% | — | ||
| Q2 25 | 97.3% | — | ||
| Q1 25 | 94.7% | — | ||
| Q4 24 | 108.4% | 3.8% | ||
| Q3 24 | 86.2% | — | ||
| Q2 24 | 94.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 0.83× | ||
| Q1 25 | — | 0.77× | ||
| Q4 24 | — | 2.56× | ||
| Q3 24 | — | 1.72× | ||
| Q2 24 | — | 0.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
TCBX
| Net Interest Income | $53.6M | 93% |
| Noninterest Income | $4.0M | 7% |
