Third Coast Bancshares, Inc. (TCBX) – What Are Brokerages Thinking About This Stock?

Shares of Third Coast Bancshares, Inc. (NASDAQ:TCBX) have been given a consensus rating of “Moderate Buy” by the seven ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $47.60.

TCBX has been the subject of several research reports. Benchmark upgraded shares of Third Coast Bancshares to a “strong-buy” rating in a research note on Thursday, September 24th. Brean Capital began coverage on shares of Third Coast Bancshares in a research note on Wednesday, September 30th. They set a “neutral” rating and a $47.00 price objective on the stock. Piper Sandler assumed coverage on shares of Third Coast Bancshares in a report on Thursday, August 27th. They issued an “overweight” rating and a $53.00 price objective on the stock. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Third Coast Bancshares from $45.00 to $48.00 and gave the stock a “market perform” rating in a report on Monday, August 3rd.

Institutional Trading of Third Coast Bancshares

A number of hedge funds have recently made changes to their positions in TCBX. BlackRock Inc. purchased a new stake in shares of Third Coast Bancshares in the 2nd quarter worth approximately $46,829,000. Dimensional Fund Advisors LP raised its stake in Third Coast Bancshares by 6.2% during the first quarter. Dimensional Fund Advisors LP now owns 472,808 shares of the company’s stock valued at $17,886,000 after buying an additional 27,664 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Third Coast Bancshares during the second quarter valued at $13,553,000. Ategra Capital Management LLC purchased a new position in Third Coast Bancshares during the second quarter valued at $10,560,000. Finally, Sei Investments Co. boosted its holdings in Third Coast Bancshares by 172.5% in the first quarter. Sei Investments Co. now owns 178,570 shares of the company’s stock worth $6,756,000 after acquiring an additional 113,043 shares in the last quarter. 36.88% of the stock is owned by institutional investors.

Third Coast Bancshares Trading Down 1.9%

Shares of Third Coast Bancshares stock opened at $39.98 on Friday. The firm has a market capitalization of $663.27 million, a P/E ratio of 12.22 and a beta of 0.33. The business has a fifty day simple moving average of $43.66 and a two-hundred day simple moving average of $41.37. Third Coast Bancshares has a 12 month low of $35.73 and a 12 month high of $46.35.

Third Coast Bancshares (NASDAQ:TCBX) last announced its earnings results on Wednesday, October 21st. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.06. The firm had revenue of $65.87 million for the quarter, compared to analysts’ expectations of $66.83 million. Third Coast Bancshares had a net margin of 16.30% and a return on equity of 12.05%. Analysts predict that Third Coast Bancshares will post 3.10 earnings per share for the current year.

Third Coast Bancshares declared that its board has initiated a stock buyback plan on Thursday, July 2nd that allows the company to repurchase $30.00 million in shares. This buyback authorization allows the company to purchase up to 4.5% of its shares through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

Key Headlines Impacting Third Coast Bancshares

Here are the key news stories impacting Third Coast Bancshares this week:

• Positive Sentiment: Third Coast reported quarterly earnings of $1.06 per share, above the $1.00 consensus estimate and the $1.03 reported a year earlier. Third Coast Bancshares Tops Q3 Earnings Estimates
• Positive Sentiment: Revenue increased to $65.87 million, while management continued advancing its longer-term growth strategy. The company also delivered a 12.05% return on equity and a 16.30% net margin. Third Coast Bancshares Reports 2026 Third Quarter Financial Results
• Neutral Sentiment: Management reviewed the quarterly results, credit performance and growth plans during the earnings call. Investors are likely focused on whether the company’s strategic initiatives can offset near-term integration and profitability pressures. Third Coast Bancshares Q3 2026 Earnings Call Transcript
• Negative Sentiment: Revenue of $65.87 million fell short of the $66.83 million analyst estimate. In addition, annualized return on average assets declined to 1.13%, from 1.34% in the prior quarter and 1.41% a year earlier, while merger-related costs pressured reported earnings. Third Coast Bancshares Q3 Earnings Fall, Revenue Rises

About Third Coast Bancshares

Third Coast Bancshares, Inc is the bank holding company for Third Coast Bank SSB, a Texas-based community bank. The bank provides relationship-focused financial services to businesses, professionals and individuals through a network of banking offices and digital banking channels.

Its products and services include commercial and industrial loans, commercial real estate financing, construction and development loans, residential real estate lending, consumer loans and deposit accounts. The bank also offers treasury management, online and mobile banking, cash-management services and other solutions designed to support business and personal financial needs.

Founded in 2008, Third Coast Bank serves customers in key Texas markets, including the Houston, Dallas-Fort Worth and Austin areas.