Third Coast Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary

Third Coast Bancshares

23/07/2025 22:50

Third Coast Bancshares Inc TCBX.OQ reported quarterly adjusted earnings of 96 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 63 cents.  The mean expectation of five analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 65 cents to 79 cents per share.

Revenue rose 24.6% to $52.02 million from a year ago; analysts expected $47.52 million.

Third Coast Bancshares Inc's reported EPS for the quarter was 96 cents​.

The company reported quarterly net income of $15.56 million.

Third Coast Bancshares Inc shares had risen by 9.6% this quarter and gained 5.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 also "buy"

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

This summary was machine generated from LSEG data July 23 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.75
0.96
Beat
Mar. 31 2025
0.70
0.78
Beat
Dec. 31 2024
0.68
0.79
Beat
Sep. 30 2024
0.54
0.74
Beat