Head-To-Head Contrast: Third Coast Bancshares (TCBX) and Its Rivals

Third Coast Bancshares (NASDAQ:TCBX) is one of 919 public companies in the “Banks” industry, but how does it contrast to its competitors? We will compare Third Coast Bancshares to related companies based on the strength of its profitability, institutional ownership, dividends, analyst recommendations, valuation, earnings and risk.

Risk & Volatility

Third Coast Bancshares has a beta of 0.34, suggesting that its share price is 66% less volatile than the S&P 500. Comparatively, Third Coast Bancshares’ competitors have a beta of 0.61, suggesting that their average share price is 39% less volatile than the S&P 500.

Profitability

This table compares Third Coast Bancshares and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Third Coast Bancshares	16.30%	12.05%	1.17%
Third Coast Bancshares Competitors	15.64%	9.43%	0.93%

Earnings & Valuation

This table compares Third Coast Bancshares and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Third Coast Bancshares	$245.39 million	$47.67 million	10.16
Third Coast Bancshares Competitors	$37.93 billion	$2.42 billion	21.38

Third Coast Bancshares’ competitors have higher revenue and earnings than Third Coast Bancshares. Third Coast Bancshares is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Third Coast Bancshares pays an annual dividend of $16.87 per share and has a dividend yield of 42.4%. Third Coast Bancshares pays out 431.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend.

Institutional & Insider Ownership

36.9% of Third Coast Bancshares shares are held by institutional investors. Comparatively, 47.8% of shares of all “Banks” companies are held by institutional investors. 10.5% of Third Coast Bancshares shares are held by insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings and price targets for Third Coast Bancshares and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Third Coast Bancshares	0	3	3	1	2.71
Third Coast Bancshares Competitors	7492	30246	27845	1488	2.35

Third Coast Bancshares currently has a consensus target price of $47.20, indicating a potential upside of 18.76%. As a group, “Banks” companies have a potential upside of 14.31%. Given Third Coast Bancshares’ stronger consensus rating and higher possible upside, equities analysts clearly believe Third Coast Bancshares is more favorable than its competitors.

Summary

Third Coast Bancshares beats its competitors on 9 of the 15 factors compared.

Third Coast Bancshares Company Profile

Third Coast Bancshares, Inc. is a bank holding company whose primary subsidiary is Third Coast Bank, a Texas-chartered community bank. The company provides banking services to businesses, professionals and individuals, with a focus on serving commercial customers. Its offerings include commercial and industrial lending, commercial real estate loans, deposit accounts and treasury management services. The bank also provides personal banking and digital banking services. Headquartered in Texas, Third Coast Bank serves customers in markets across the state, including the greater Houston area and other major Texas metropolitan regions.