Third Coast Bancshares, Inc. (TCBX) Financials

$35.51

$1.1 (3.2%)
Last update: 01:00 PM EST
Day's range
$34.22
Day's range
$35.61
$400M$400M$300M$300M$200M$200M$100M$100M$0$0Earning20192019202020202021202120222022202320232024202420%20%15%15%10%10%5%5%0%0%Profit Margin
Profit Margin
Revenue
Earnings

TCBX Income statement / Annual

Last year (2024), Third Coast Bancshares, Inc.'s total revenue was $338.07 M, an increase of 23.35% from the previous year. In 2024, Third Coast Bancshares, Inc.'s net income was $47.67 M. See Third Coast Bancshares, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019
Period Ended 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Operating Revenue $338.07 M $274.08 M $160.18 M $103.19 M $83.55 M $50.29 M
Cost of Revenue $173.30 M $133.34 M $49.69 M $19.99 M $21.91 M $17.60 M
Gross Profit $164.77 M $140.74 M $110.49 M $83.20 M $61.64 M $32.69 M
Gross Profit Ratio 0.49 0.51 0.69 0.81 0.74 0.65
Research and Development Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
General & Administrative Expenses $65.12 M $62.22 M $56.51 M $48.64 M $29.26 M $19.98 M
Selling & Marketing Expenses $1.71 M $2.63 M $1.91 M $1.89 M $1.33 M $699.00 K
Selling, General & Administrative Expenses $66.82 M $64.84 M $58.42 M $50.53 M $30.59 M $20.68 M
Other Expenses $36.60 M $34.28 M $28.90 M $18.19 M $15.45 M $8.77 M
Operating Expenses $103.42 M $99.13 M $87.32 M $68.72 M $46.03 M $29.45 M
Cost And Expenses $276.72 M $232.46 M $137.01 M $88.70 M $67.94 M $47.05 M
Interest Income $328.36 M $266.54 M $153.95 M $100.62 M $82.24 M $49.93 M
Interest Expense $167.60 M $127.02 M $37.49 M $10.06 M $14.36 M $15.97 M
Depreciation & Amortization $4.62 M $3.95 M $2.56 M -$270.00 K $78.00 K $869.00 K
EBITDA $65.97 M $45.56 M $25.72 M $14.21 M $15.69 M $4.10 M
EBITDA Ratio 0.2 0.17 0.16 0.14 0.19 0.08
Operating Income Ratio 0.18 0.15 0.14 0.14 0.19 0.06
Total Other Income/Expenses Net $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Income Before Tax $61.35 M $41.61 M $23.17 M $14.48 M $15.61 M $3.23 M
Income Before Tax Ratio 0.18 0.15 0.14 0.14 0.19 0.06
Income Tax Expense $13.68 M $8.21 M $4.51 M $3.06 M $3.49 M $852.00 K
Net Income $47.67 M $33.40 M $18.66 M $11.42 M $12.12 M $2.38 M
Net Income Ratio 0.14 0.12 0.12 0.11 0.14 0.05
EPS 3.14 2.11 1.28 1.45 1.94 0.34
EPS Diluted 2.78 1.98 1.25 1.4 1.91 0.33
Weighted Average Shares Out $13.67 M $13.58 M $13.47 M $7.87 M $6.25 M $6.91 M
Weighted Average Shares Out Diluted $17.13 M $16.88 M $13.76 M $8.14 M $6.34 M $7.12 M
Link