Brief: Third Coast Bancshares Q2 Net Interest Income USD 49.374 Million

Third Coast Bancshares

23/07/2025 21:15

Overview

Third Coast Bancshares fiscal Q2 EPS hits record-high $0.96, net income $16.7 mln

Net interest margin improves to 4.22% in fiscal Q2, driven by loan yields

Co completed $100 million and $150 million commercial real estate loan securitizations

Result Drivers

NET INTEREST INCOME - Increased 15.4% from Q1 2025 due to higher loan yields and successful loan securitizations

EFFICIENCY IMPROVEMENT - Efficiency ratio improved to 55.45% in Q2 2025, reflecting better operational discipline

LOAN GROWTH - Gross loans grew to $4.08 bln, driven by commercial and industrial loans

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.96
Q2 Net Income
$16.75 mln
Q2 Net Interest Income
$49.37 mln
Q2 Loan Loss Provision
$2.13 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Third Coast Bancshares Inc is $38.00, about 5.8% above its July 22 closing price of $35.80

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nPn68MZBla

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)