Third Coast Bancshares In... (TCBX)
Third Coast Bancshares Statistics
Share Statistics
Third Coast Bancshares has 13.79M shares outstanding. The number of shares has increased by 1% in one year.
Shares Outstanding | 13.79M |
Shares Change (YoY) | 1% |
Shares Change (QoQ) | 0.8% |
Owned by Institutions (%) | 52.34% |
Shares Floating | 10.89M |
Failed to Deliver (FTD) Shares | 54 |
FTD / Avg. Volume | 0.07% |
Short Selling Information
The latest short interest is 211.53K, so 1.55% of the outstanding shares have been sold short.
Short Interest | 211.53K |
Short % of Shares Out | 1.55% |
Short % of Float | 1.98% |
Short Ratio (days to cover) | 2.75 |
Valuation Ratios
The PE ratio is 9.73 and the forward PE ratio is 10.7. Third Coast Bancshares's PEG ratio is 0.12.
PE Ratio | 9.73 |
Forward PE | 10.7 |
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 58.74% 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 | 58.74% |
50-Day Moving Average | 35.06 |
200-Day Moving Average | 29.85 |
Relative Strength Index (RSI) | 28.68 |
Average Volume (20 Days) | 72.99K |
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 39.3% higher than the current price. The consensus rating is "Hold".
Price Target | $42 |
Price Target Difference | 39.3% |
Analyst Consensus | Hold |
Analyst Count | 4 |
Scores
Altman Z-Score | 0.33 |
Piotroski F-Score | 5 |