Third Coast Bancshares, Inc.TCBX

$38.99+0.52 (+1.35%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$638M
Small-cap
+194%
2021 — today
10-Year Price
+52%
2021 — today
52-Week Range
$31.93$43.46
Current $38.99· 61%

Third Coast Bancshares, Inc. serves as the parent company for Third Coast Bank, SSB, a financial institution primarily focused on delivering a broad spectrum of commercial banking solutions to small and medium-sized businesses, as well as individual professionals. The bank's offerings include a comprehensive range of deposit accounts, such as checking, savings, individual retirement accounts (IRAs), money market accounts, and certificates of deposit (CDs). For its lending services, it provides commercial and industrial (C&I) loans, which encompass financing for equipment, working capital, vehicle fleets, and various other commercial needs. Beyond these core services, Third Coast also offers treasury management, both consumer and commercial online banking platforms, mobile applications, secure safe deposit boxes, wire transfer capabilities, and debit cards. Geographically, the bank operates a total of twelve branches: eleven are strategically located across the major Texas metropolitan areas of Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, with an additional branch situated in Detroit, Texas. The company was founded in 2008 and has its principal office in Humble, Texas.

Valuation in context

P/E ratio
9.9
Historically cheap
Historically cheap relative to the last 10 years
P/B ratio
1.0
Around average
Around the 10-year average
EV / EBITDA
4.0
Below average
Below the 10-year average
PEG ratio
0.5
Below average
Below the 10-year average
FCF Yield
-2.3%
Near historic low
Near historic low — last 10 years
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