Third Coast Bancshares In... (TCBX)
Third Coast Bancshares Statistics
Share Statistics
Third Coast Bancshares has 13.83M shares outstanding. The number of shares has increased by 1% in one year.
| Shares Outstanding | 13.83M |
| Shares Change (YoY) | 1% |
| Shares Change (QoQ) | 0.8% |
| Owned by Institutions (%) | 52.34% |
| Shares Floating | 10.92M |
| Failed to Deliver (FTD) Shares | 1 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 316.79K, so 2.3% of the outstanding shares have been sold short.
| Short Interest | 316.79K |
| Short % of Shares Out | 2.3% |
| Short % of Float | 2.47% |
| Short Ratio (days to cover) | 4.44 |
Valuation Ratios
The PE ratio is 9.73 and the forward PE ratio is 8.84. Third Coast Bancshares's PEG ratio is 0.12.
| PE Ratio | 9.73 |
| Forward PE | 8.84 |
| PS Ratio | 1.41 |
| Forward PS | 2 |
| PB Ratio | 1.01 |
| P/FCF Ratio | 13.2 |
| PEG Ratio | 0.12 |
Enterprise Valuation
Third Coast Bancshares has an Enterprise Value (EV) of 225.32M.
| EV / Sales | 0.69 |
| EV / EBITDA | 0 |
| EV / EBIT | 6.41 |
| EV / FCF | 6.41 |
Financial Position
The company has a current ratio of 124.34, with a Debt / Equity ratio of 0.29.
| Current Ratio | 124.34 |
| Quick Ratio | 124.34 |
| Debt / Equity | 0.29 |
| Debt / EBITDA | - |
| Debt / FCF | 3.77 |
| Interest Coverage | 1.95 |
Financial Efficiency
Return on Equity is 10.35% and Return on Invested Capital is 29.82%.
| Return on Equity | 10.35% |
| Return on Assets | 0.96% |
| Return on Invested Capital | 29.82% |
| Revenue Per Employee | $889.85K |
| Profits Per Employee | $129.19K |
| Employee Count | 369 |
| Asset Turnover | 0.07 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 13.68M |
| Effective Tax Rate | 22.3% |
Stock Price Statistics
The stock price has increased by 49% in the last 52 weeks. The beta is 0.72, so Third Coast Bancshares's price volatility has been higher than the market average.
| Beta | 0.72 |
| 52-Week Price Change | 49% |
| 50-Day Moving Average | 32.77 |
| 200-Day Moving Average | 30.44 |
| Relative Strength Index (RSI) | 42.04 |
| Average Volume (20 Days) | 75.3K |
Income Statement
In the last 12 months, Third Coast Bancshares had revenue of 328.36M and earned 47.67M in profits. Earnings per share was 3.84.
| Revenue | 328.36M |
| Gross Profit | 328.36M |
| Operating Income | 326.65M |
| Net Income | 47.67M |
| EBITDA | 0 |
| EBIT | -4.62M |
| Earnings Per Share (EPS) | 3.84 |
Balance Sheet
The company has 371.16M in cash and 132.53M in debt, giving a net cash position of 238.62M.
| Cash & Cash Equivalents | 371.16M |
| Total Debt | 132.53M |
| Net Cash | 238.62M |
| Retained Earnings | 121.7M |
| Total Assets | 4.94B |
| Working Capital | 755.54M |
Cash Flow
In the last 12 months, operating cash flow was 35.14M and capital expenditures 0, giving a free cash flow of 35.14M.
| Operating Cash Flow | 35.14M |
| Capital Expenditures | 0 |
| Free Cash Flow | 35.14M |
| FCF Per Share | 2.57 |
Margins
Gross margin is 100%, with operating and profit margins of 99.48% and 14.52%.
| Gross Margin | 100% |
| Operating Margin | 99.48% |
| Pretax Margin | 18.68% |
| Profit Margin | 14.52% |
| EBITDA Margin | n/a |
| EBIT Margin | 99.48% |
| FCF Margin | 10.7% |
Dividends & Yields
TCBX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 10.28% |
| FCF Yield | 7.57% |
Analyst Forecast
The average price target for TCBX is $42, which is 44.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $42 |
| Price Target Difference | 44.5% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 0.33 |
| Piotroski F-Score | 5 |