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
|
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