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Third st Bancshares(TCBX) - 2024 Q4 - Earnings Call Transcript
2025-01-23 19:28
Third Coast Bancshares, Inc. (NASDAQ:TCBX) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET Company Participants Natalie Hairston - IR Bart Caraway - Chairman, President & CEO John McWhorter - CFO Audrey Duncan - CCO Conference Call Participants Woody Lay - KBW Bernard Von Gizycki - Deutsche Bank Tim Mitchell - Raymond James Jordan Ghent - Stephens Inc Dave Storms - Stonegate Capital Partners Brian Hagler - Kennedy Capital Management Operator Greetings and welcome to the Third Coast Bank Fourth ...
Third Coast Bancshares, Inc. (TCBX) Q4 Earnings and Revenues Beat Estimates
ZACKS· 2025-01-22 23:36
Third Coast Bancshares, Inc. (TCBX) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.49%. A quarter ago, it was expected that this company would post earnings of $0.53 per share when it actually produced earnings of $0.74, delivering a surprise of 39.62%.Over the last four quarters, ...
Third st Bancshares(TCBX) - 2024 Q4 - Annual Results
2025-01-22 21:25
Exhibit 99.1 News Release Contact: Ken Dennard / Natalie Hairston Dennard Lascar Investor Relations (713) 529-6600 TCBX@dennardlascar.com Year Over Year Book Value grew 12.8% and Tangible Book Value (1) grew 13.6% • Net income totaled $47.7 million, or $3.14 and $2.78 per basic and diluted share, respectively, for the year ended December 31, 2024, compared to $33.4 million, or $2.11 and $1.98 per basic and diluted share, respectively, for the year ended December 31, 2023. • Total assets increased $546.4 mil ...
Third Coast Bancshares, Inc. Reports 2024 Fourth Quarter and Full Year Financial Results
Prnewswire· 2025-01-22 21:15
Year Over Year Book Value grew 12.8% and Tangible Book Value(1) grew 13.6%HOUSTON, Jan. 22, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the "Company," "Third Coast," "we," "us," or "our"), the bank holding company for Third Coast Bank, today reported its 2024 fourth quarter and full year financial results.2024 Fourth Quarter Financial Highlights Net income totaled $13.7 million, or $0.92 and $0.79 per basic and diluted share, respectively, compared to $12.8 million, or $0.85 and $0.74 ...
Third Coast Bancshares, Inc. Announces 2024 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule
Prnewswire· 2025-01-08 21:15
HOUSTON, Jan. 8, 2025 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 fourth quarter and full year financial results on Wednesday, January 22, 2025 after the market closes. Management has scheduled a conference call and webcast on Thursday, January 23, 2025 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss these financial results. What: Third Coast Bancshares' 2024 Fourth Qua ...
Are You Looking for a Top Momentum Pick? Why Third Coast Bancshares, Inc. (TCBX) is a Great Choice
ZACKS· 2024-11-18 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Third Coast Bancshares: Earnings Outlook Is Positive, Stock Is Fairly Valued
Seeking Alpha· 2024-11-16 08:08
Third Coast Bancshares’ (NASDAQ: TCBX ) earnings will likely continue to grow through 2025 as a conducive operating environment will boost the loan balance. Additionally, interest rate cuts will push up the net interest margin, which will lend further support to the bottom line. AsAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses ...
Third st Bancshares(TCBX) - 2024 Q3 - Quarterly Report
2024-11-05 21:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41028 THIRD COAST BANCSHARES, INC. (Exact name of registrant as specified in its charter) Texas 46 ...
Surging Earnings Estimates Signal Upside for Third Coast Bancshares (TCBX) Stock
ZACKS· 2024-10-29 17:20
Third Coast Bancshares, Inc. (TCBX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings est ...
Third Coast Bancshares, Inc. (TCBX) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2024-10-29 14:16
Have you been paying attention to shares of Third Coast Bancshares, Inc. (TCBX) ? Shares have been on the move with the stock up 22.5% over the past month. The stock hit a new 52-week high of $33.42 in the previous session. Third Coast Bancshares, Inc. has gained 65.1% since the start of the year compared to the 20.6% move for the Zacks Finance sector and the 16.5% return for the Zacks Banks - Southeast industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surp ...