Third Coast Bancshares In...

28.48
-1.72 (-5.70%)
At close: Apr 04, 2025, 3:59 PM
28.32
-0.56%
After-hours: Apr 04, 2025, 04:05 PM EDT

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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%
Dividend Details

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
Stock Forecasts

Scores

Altman Z-Score 0.33
Piotroski F-Score 5