Third Coast Bancshares Inc
NASDAQ:TCBX
Third Coast Bancshares Inc
Third Coast Bancshares, Inc. engages in operation of a bank holding company. The company is headquartered in Humble, Texas and currently employs 334 full-time employees. The company went IPO on 2021-11-09. The Company, through its subsidiary, Third Coast Bank (the Bank) and the Bank's wholly owned subsidiary, Third Coast Commercial Capital, Inc. (TCCC) provides general consumer and commercial banking services to small and medium-sized businesses and professionals. The Bank operates approximately 12 branch offices located in the North, Central and Southeast regions of Texas. The branch locations include Humble, Beaumont, Port Arthur, Houston, Dallas, Plano, Detroit, La Vernia and Nixon, among others. The Bank is engaged in traditional community banking activities that include commercial and retail lending, deposit gathering, and investment and liquidity management activities. Its deposit products are demand deposits, money market accounts and certificates of deposit. Its lending products are commercial business and real estate, real estate mortgage and consumer loans. TCCC provides accounts receivable factoring activities.
Third Coast Bancshares, Inc. engages in operation of a bank holding company. The company is headquartered in Humble, Texas and currently employs 334 full-time employees. The company went IPO on 2021-11-09. The Company, through its subsidiary, Third Coast Bank (the Bank) and the Bank's wholly owned subsidiary, Third Coast Commercial Capital, Inc. (TCCC) provides general consumer and commercial banking services to small and medium-sized businesses and professionals. The Bank operates approximately 12 branch offices located in the North, Central and Southeast regions of Texas. The branch locations include Humble, Beaumont, Port Arthur, Houston, Dallas, Plano, Detroit, La Vernia and Nixon, among others. The Bank is engaged in traditional community banking activities that include commercial and retail lending, deposit gathering, and investment and liquidity management activities. Its deposit products are demand deposits, money market accounts and certificates of deposit. Its lending products are commercial business and real estate, real estate mortgage and consumer loans. TCCC provides accounts receivable factoring activities.
Loan Growth: Gross loans increased by $230 million, or 5.5% QoQ, and 10.8% YoY, surpassing the company’s 8% target run rate.
Record Profitability: Net income totaled $66.3 million for 2025, up 39% YoY, with annualized return on assets at 1.33% and return on equity at 14%.
EPS Beat: Earnings per share reached $1.02 for the quarter and $3.79 for the year, a 36% YoY increase and ahead of expectations.
Deposit Strength: Total deposits grew by $254 million in Q4 to $4.6 billion, up 5.8% QoQ and 7.3% YoY, with strong noninterest-bearing growth.
Margin & Fees: Net interest margin was $4.10 for the quarter, above expectations due to higher loan fees; core margin was 3.90%, up 10 bps QoQ.
Keystone Merger: Integration of Keystone Bancshares is on track, aiming to form a $6 billion bank and expand in Texas.
Credit Quality: Asset quality improved for the fourth straight quarter, with decreased nonaccrual and nonperforming loans, and low net charge-offs.
2026 Outlook: Management targets $75–$100 million quarterly loan growth and expects ongoing, but lumpy, hiring and expense increases tied to growth.
