Third Coast Bancshares Inc (TCBX)

Third Coast Bancshares, Inc. has experienced several stock-related events in the past six months. The company announced a merger agreement with Keystone Bancshares, Inc. expected to close in the first quarter of 2026. The company's common stock transitioned its listing to the New York Stock Exchange (NYSE) from the Nasdaq Global Select Market. Third Coast Bancshares, Inc. was recognized by Structured Credit Investor (SCI) as a finalist for awards and later won the SCI Risk Sharing award for North American transaction of the year. The Board of Directors authorized a new share repurchase program, allowing the company to buy back up to $30 million of its common stock. The company reported its third-quarter 2025 financial results with net income of $16.9 million, an 8.3% increase from the second quarter of 2025. Second-quarter 2025 results showed a net income of $15.6 million, a 25% increase quarter-over-quarter. First-quarter 2025 net income was $12.4 million, flat compared to the fourth quarter of 2024. Several equities research analysts weighed in on TCBX shares, with some upgrading price targets and others adjusting ratings. As of January 6, 2026, the stock's price increased by 15.87% over the last 12 months, while decreasing 1.26% in the past month and 0.39% in the past three months. The share price increased by 14.57% between December 30, 2024, and December 26, 2025.

Third Coast Bancshares, Inc. experiences some demand seasonality, particularly concerning deposits, with a typical seasonal decline during the first quarter of 2025 and anticipation of additional seasonal roll-off. Deposit levels can vary significantly month-to-month. There is no explicit detail regarding the seasonality of demand for its loan products in the provided search results.

Third Coast Bancshares, Inc. (TCBX) is a Texas-based bank holding company focused on commercial banking, retail banking, and wealth management through its subsidiary, Third Coast Bank. The company originates commercial and industrial (C&I) loans and real estate loans, funded by core deposits, and aims to build strong customer relationships through personalized financial solutions and customer service.

Third Coast Bancshares, Inc. operates primarily in the high-growth Texas metropolitan statistical areas (MSAs) of Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, with 19 branches across these areas. One source indicates a branch in Detroit, Texas.

Third Coast Bancshares, Inc. has received positive recognition in the past year, notably being a finalist and then a winner of the Structured Credit Investor (SCI) Risk Sharing award for "North American Transaction of the Year" in 2025 for its securitization transactions, highlighting its leadership in risk management innovation. No significant negative events impacting its brand reputation were found in the provided search results for the past year.

Third Coast Bancshares, Inc. (NYSE: TCBX) is owned by 58.23% institutional shareholders, 10.59% Third Coast Bancshares insiders, and 31.18% retail investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Kennedy Capital Management LLC, Adage Capital Partners Gp, L.l.c., Dimensional Fund Advisors Lp, Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), State Street Corp, iShares Russell 2000 ETF (IWM), Geode Capital Management, Llc, and Alliancebernstein L.p. The largest individual shareholder is Richard J. McWhorter, owning 278,705 shares, representing 2.01% of the company.