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← CockpitCompetitor Analysis › TCBX Third Coast Bancshares IncOpen in the cockpit ↗

Third Coast Bancshares IncTCBXCompetitor analysis, valuation and peers

United States · USD·Financials›Savings Banks
Momentum weak 39
Mkt cap
$646M
US dollars, full cap
Free float
81%
of shares outstanding
$/day
$4.98M
20-day average traded
P/B
0.96×
price to book
ROE
12.7%
delivered
Implied ROE
7.9%
what the price asks
Next earnings
83 days
28 Jan 2027
Close · USD$38.69
1D-1.1%
1W-3.0%
1M-7.4%
3M-12.6%
6M+0.6%
YTD+1.8%
1Y+3.1%
ATR %3.0%
Beta0.52
52w lowhigh16.5% off high

What Third Coast Bancshares does

Employees: 412

Third Coast Bancshares at a glance

Size Third Coast Bancshares (TCBX) is a United States Financials company (Savings Banks) with a market value of $646M, the 2541st largest of 3,117 United States companies the cockpit tracks. Shares closed at $38.69 on 6 Nov 2026.

Performance Over six months the shares gained 0.6%, against +6.5% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 18 in its peer set.

Growth Revenue grew 18.0% over the last twelve months (peer median +5.4%); the operating margin is 37.0% (peer median 43.9%).

Valuation It trades at 0.96× book value against a peer median of 1.18× (6th cheapest of 18).

Price implies The share price implies a return on equity of about 7.9%; Third Coast Bancshares delivers 12.7%, so the price asks less than the business earns today.

Short interest Short interest is 3.1% of the free float (15 Oct 2026).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

10011012011 May 202611 Aug 20266 Nov 2026Peer median 109TCBX 104
Six months, rebased to 100: Third Coast Bancshares against the median of its 18 peers (local-currency closes).

Third Coast Bancshares financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$425M$368M$339M$275M$161M
Revenue growth—+8%+23%+71%—
Net income$75.3M$66.3M$47.7M$33.4M$18.7M
Free cash flow$3.04M$48.2M$33.4M$35.6M$9.60M
Capital expenditure$17.9M$7.68M$1.77M$6.44M$45.1M
Total debt$161M$137M$133M$142M$129M

Quarterly statements and history in the cockpit →

Third Coast Bancshares competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

0%+20%+40%0%+10%HIFSGCBCSOAGMORGKRNYSMBCPDLBHELGAVBCTRSTTSBKFSBWTFINOCFCSHAWNWBITCBX6-month return →1-month return →
Up and to the right = strong over both horizons. Third Coast Bancshares is the large dot.

Fundamentals: return on equity against price-to-book

5%10%15%10×1.50×20×HIFSGCBCSOAGMORGKRNYPDLBHELGAVBCTRSTCFFNTSBKFSBWTFINOCFCSHAWNWBITCBXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Third Coast Bancshares is the large dot.

Capital: ROE delivered against the ROE the price implies

5%10%15%5%10%15%HIFSGCBCSOAGMORGKRNYSMBCPDLBHELGAVBCTRSTCFFNTSBKFSBWTFINOCFCNWBITCBXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Third Coast Bancshares is the large dot.

Third Coast Bancshares competitors and peer comparison

How Third Coast Bancshares compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Third Coast Bancshares against its 18 peers (data as of 6 Nov 2026)
MeasureTCBXPeer medianRank in peer set
1-month return-7.4%+2.0%lowest of 19
6-month return+0.6%+6.5%6th lowest of 18
Return on equity12.7%10.0%3rd highest of 18
Price / book0.96×1.18×6th cheapest of 18
Trailing P/E10.6×12.1×5th cheapest of 18
ROE the price implies7.9%8.4%7th least demanding of 18
ROE delivered12.7%10.0%3rd highest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Third Coast Bancshares TCBXUnited States$646M+1%+18%13%0.96×7.9%12.7%
Hingham Institution for Savings HIFSUnited States$647M+5%+3%13%1.26×10.6%12.6%
Greene County Bancorp GCBCUnited States$615M+51%+8%17%2.15×12.5%16.7%
SpareBank 1 Ostfold Akershus SOAG.OLNorway$609M-4%+2%12%1.14×6.2%12.1%
Sparebanken More MORG.OLNorway$604M-2%-15%12%0.65×4.9%11.6%
Kearny Financial KRNYUnited States$585M+10%+1%5%0.77×6.8%4.9%
Southern Missouri Bancorp SMBCUnited States$775M+2%+3%13%1.29×10.5%12.9%
Ponce Financial PDLBUnited States$525M+22%+15%8%1.49×9.7%8.2%
SpareBank 1 Helgeland HELG.OLNorway$507M+4%-4%7%0.92×5.6%6.7%
Avidia Bancorp AVBCUnited States$448M+11%+5%7%1.18×7.0%7.3%
TrustCo Bank Corp NY TRSTUnited States$947M+17%+6%10%1.50×10.7%10.0%
Capitol Federal Financial CFFNUnited States$1.06B+7%+6%8%1.04×8.4%8.4%
Timberland Bancorp TSBKUnited States$373M+17%+4%12%1.35×7.7%11.6%
FS Bancorp FSBWUnited States$343M+6%+6%9%1.01×8.4%9.1%
American Savings Bank N.A ASBHUnited States$1.30Bn/an/an/an/an/an/a
Triumph Financial TFINUnited States$1.46B-8%+13%5%1.57×17.5%5.3%
OceanFirst Financial OCFCUnited States$1.82B-4%+31%2%0.75×8.1%2.3%
Shawbrook SHAW.LUnited Kingdom$1.96B-12%+5%12%0.79×8.0%12.2%
Northwest Bancshares NWBIUnited States$2.23B+10%+13%11%1.18×9.3%10.7%

Questions

Which companies are Third Coast Bancshares's closest peers?
The cockpit's peer set: Hingham Institution for Savings (HIFS), Greene County Bancorp (GCBC), SpareBank 1 Ostfold Akershus (SOAG.OL), Sparebanken More (MORG.OL), Kearny Financial (KRNY), Southern Missouri Bancorp (SMBC), Ponce Financial (PDLB), SpareBank 1 Helgeland (HELG.OL).
Is Third Coast Bancshares expensive compared with its peers?
On price / book it trades at 0.96× against a peer median of 1.18×, 6th cheapest of 18 in its peer set. The share price implies a return on equity of about 7.9%; Third Coast Bancshares delivers 12.7%, so the price asks less than the business earns today.
How has Third Coast Bancshares stock performed?
Over six months to 6 Nov 2026 the shares returned +0.6% against +6.5% for the median peer; over one year +3.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.