Third Coast Bancshares (TCBX) Expected to Post Quarterly Earnings on Wednesday

Third Coast Bancshares (NASDAQ:TCBX) is projected to post its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Third Coast Bancshares to post earnings of $0.9960 per share and revenue of $66.83 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Third Coast Bancshares (NASDAQ:TCBX) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.90 by $0.18. Third Coast Bancshares had a return on equity of 12.05% and a net margin of 16.30%. The firm had revenue of $67.99 million during the quarter, compared to the consensus estimate of $62.75 million. On average, analysts expect Third Coast Bancshares to post $3.10 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

Third Coast Bancshares Stock Down 1.8%

TCBX stock opened at $40.75 on Tuesday. Third Coast Bancshares has a twelve month low of $35.73 and a twelve month high of $46.35. The stock’s 50 day moving average is $43.95 and its 200-day moving average is $41.32. The firm has a market capitalization of $676.14 million, a PE ratio of 12.46 and a beta of 0.33.

Third Coast Bancshares declared that its Board of Directors has initiated a stock buyback plan on Thursday, July 2nd that authorizes the company to buy back $30.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 4.5% of its shares through open market purchases. Share buyback plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Brean Capital assumed coverage on Third Coast Bancshares in a research report on Wednesday, September 30th. They issued a “neutral” rating and a $47.00 price target for the company. Benchmark upgraded Third Coast Bancshares to a “strong-buy” rating in a research note on Thursday, September 24th. Piper Sandler started coverage on shares of Third Coast Bancshares in a report on Thursday, August 27th. They set an “overweight” rating and a $53.00 price objective on the stock. Finally, Keefe, Bruyette & Woods upped their target price on shares of Third Coast Bancshares from $45.00 to $48.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Third Coast Bancshares has a consensus rating of “Moderate Buy” and an average price target of $47.60.

Third Coast Bancshares Company Profile

Third Coast Bancshares, Inc is the bank holding company for Third Coast Bank SSB, a Texas-based community bank. The company provides relationship-focused banking services to businesses, professionals and individuals through its banking operations in Texas.

Third Coast Bank offers commercial and consumer deposit products, including checking, savings and money market accounts, certificates of deposit and cash-management services. Its lending activities include commercial and industrial loans, commercial real estate financing, residential and other real estate loans, construction lending, and consumer loans.

Founded in 2008, Third Coast Bank serves communities in the Houston, Dallas-Fort Worth and other Texas markets through branch locations and digital banking channels.