TCBX
Income statement / Annual
Last year (2023), Third Coast Bancshares, Inc.'s total revenue was $141.41 M,
an increase of 15.59% from the previous year.
In 2023, Third Coast Bancshares, Inc.'s net income was $33.40 M.
See Third Coast Bancshares, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$141.41 M
|
$122.34 M
|
$93.12 M
|
$69.19 M
|
$34.31 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$141.41 M |
$122.34 M |
$93.12 M |
$69.19 M |
$34.31 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$62.22 M
|
$56.51 M
|
$48.64 M
|
$29.26 M
|
$19.98 M
|
| Selling & Marketing
Expenses |
$2.63 M
|
$1.91 M
|
$1.89 M
|
$1.33 M
|
$699,000.00
|
| Selling, General &
Administrative Expenses |
$64.84 M
|
$58.42 M
|
$50.53 M
|
$29.26 M
|
$20.68 M
|
| Other Expenses |
$0.00 |
-$22.92 M |
-$129.17 M |
-$82.85 M |
-$51.76 M |
| Operating Expenses |
$147.06 M |
$1.91 M |
-$78.64 M |
-$53.58 M |
-$31.08 M |
| Cost And Expenses |
$147.06 M |
$1.91 M |
-$78.64 M |
-$53.58 M |
-$31.08 M |
| Interest Income |
$266.54 M |
$153.95 M |
$100.62 M |
$82.24 M |
$49.93 M |
| Interest Expense |
$127.02 M |
$37.49 M |
$10.06 M |
$14.36 M |
$15.97 M |
| Depreciation &
Amortization |
-$465,000.00
|
$2.76 M
|
$1.86 M
|
$1.67 M
|
$869,354.00
|
| EBITDA |
$0.00
|
$0.00
|
$0.00
|
$17.28 M
|
$4.10 M
|
| EBITDA Ratio |
0 |
0.49 |
0.15 |
0.08 |
0.12 |
| Operating Income Ratio
|
0
|
0.49
|
0.16
|
0.23
|
0.09
|
| Total Other
Income/Expenses Net |
$41.61 M
|
-$9.93 M
|
-$6.18 M
|
-$4.94 M
|
-$2.41 M
|
| Income Before Tax |
$41.61 M |
$23.17 M |
$14.48 M |
$15.61 M |
$3.23 M |
| Income Before Tax Ratio
|
0.29
|
0.19
|
0.16
|
0.23
|
0.09
|
| Income Tax Expense |
$8.21 M |
$4.51 M |
$3.06 M |
$3.49 M |
$852,000.00 |
| Net Income |
$33.40 M |
$18.66 M |
$11.42 M |
$12.12 M |
$2.38 M |
| Net Income Ratio |
0.24 |
0.15 |
0.12 |
0.18 |
0.07 |
| EPS |
2.11 |
1.28 |
1.45 |
0.91 |
0.18 |
| EPS Diluted |
1.7 |
1.25 |
1.4 |
0.91 |
0.18 |
| Weighted Average Shares
Out |
$13.58 M
|
$13.47 M
|
$7.87 M
|
$13.34 M
|
$13.34 M
|
| Weighted Average Shares
Out Diluted |
$16.88 M
|
$13.75 M
|
$8.14 M
|
$13.34 M
|
$13.34 M
|
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