What is Third Coast Bancshares, Inc.'s earnings per share (EPS)?

Third Coast Bancshares, Inc. (TCBX) reported diluted earnings per share of $3.79 for fiscal year 2025. This represents a 36.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Third Coast Bancshares, Inc. Financials

TCBX

FY2025 annual

Revenue Not reported for FY2025

Net Income $66.3M +39.1% YoY

EPS (Diluted) $3.79 +36.3% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

This page shows Third Coast Bancshares, Inc. (TCBX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TCBX FY2025 2026-08-04

Balance-sheet expansion is being matched by improving asset productivity, lifting earnings even as liquid cash is redeployed.

From FY2023 to FY2025, ROA improved from 0.8% to 1.2%, so profit growth came from better asset productivity, not just a larger balance sheet. But operating cash flow in FY2025 was $50.8M against net income of $66.3M, showing part of that accounting improvement was absorbed before it arrived as cash.

Equity growth reached $531.0M in FY2025, while debt-to-equity eased to 9.1x. That still describes a highly leveraged financial structure, but the capital cushion strengthened rather than thinned as assets expanded; for this kind of business, equity is the layer that absorbs losses before liabilities do.

Cash and equivalents dropped from $371.2M to $175.2M in FY2025, which means more funds were deployed into the operating balance sheet instead of held in reserve. Even with overhead rising to $77.2M, earnings kept outpacing expense growth, so the model showed improving efficiency rather than profit merely following cost cuts.

Financial Health Signals

Financial health score not available

Third Coast Bancshares, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/5

Third Coast Bancshares, Inc. passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Mixed

0.77x

For every $1 of reported earnings, Third Coast Bancshares, Inc. generates $0.77 in operating cash flow ($50.8M OCF vs $66.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Net Income

$66.3M

YoY+39.1%

5Y CAGR+40.5%

Third Coast Bancshares, Inc. reported $66.3M in net income in fiscal year 2025. This represents an increase of 39.1% from the prior year.

EPS (Diluted)

$3.79

YoY+36.3%

Third Coast Bancshares, Inc. earned $3.79 per diluted share (EPS) in fiscal year 2025. This represents an increase of 36.3% from the prior year.

Revenue

Not reported for fiscal year 2025.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$175.2M

YoY-52.8%

5Y CAGR-2.7%

Third Coast Bancshares, Inc. held $175.2M in cash as of fiscal year 2025; long-term debt is not reported for that period.

Shares Outstanding

14M

YoY+0.9%

Third Coast Bancshares, Inc. had 14M shares outstanding in fiscal year 2025. This represents an increase of 0.9% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Return on Equity

12.5%

YoY+2.1pp

5Y CAGR+2.4pp

Third Coast Bancshares, Inc.'s ROE was 12.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Net Margin

Not reported for fiscal year 2025.

Capital Allocation

None of these metrics is reported for fiscal year 2025.

TCBX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TCBX annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
SG&A Expenses	N/A	$77.2M+18.5%	$65.1M+4.7%	$62.2M+10.1%	$56.5M+16.2%	$48.6M+66.2%	$29.3M+46.4%	$20.0M
Interest Expense	N/A	$158.8M-5.2%	$167.6M+31.9%	$127.0M+238.8%	$37.5M+272.6%	$10.1M-29.9%	$14.4M-10.1%	$16.0M
Income Tax	N/A	$16.5M+20.3%	$13.7M+66.6%	$8.2M+82.1%	$4.5M+47.4%	$3.1M-12.5%	$3.5M+310.2%	$852K
Net Income	N/A	$66.3M+39.1%	$47.7M+42.7%	$33.4M+79.0%	$18.7M+63.3%	$11.4M-5.7%	$12.1M+408.8%	$2.4M
EPS (Diluted)	—	$3.79+36.3%	$2.78+40.4%	$1.98+58.4%	$1.25	$1.40	$1.91	$0.60

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
SG&A Expenses	$24.8M0.0%	$24.8M	N/A	$19.6M+7.6%	$18.2M-0.9%	$18.3M	N/A	$15.7M
Interest Expense	$45.7M+4.5%	$43.7M	N/A	$41.7M+6.0%	$39.3M+3.5%	$38.0M	N/A	$42.3M
Income Tax	$5.5M+109.9%	$2.6M	N/A	$4.8M+11.0%	$4.3M+14.5%	$3.8M	N/A	$3.5M
Net Income	$22.0M+34.3%	$16.4M	N/A	$18.1M+7.8%	$16.7M+23.2%	$13.6M	N/A	$12.8M
EPS (Diluted)	$1.08+22.7%	$0.88	N/A	$1.03+7.3%	$0.96+23.1%	$0.78	N/A	$0.74

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

TCBX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TCBX annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$5.3B+8.1%	$4.9B+12.4%	$4.4B+16.5%	$3.8B+51.0%	$2.5B+33.9%	$1.9B	N/A
Cash & Equivalents	$175.2M-52.8%	$371.2M+25.0%	$296.9M-10.0%	$329.9M+1.0%	$326.7M+62.3%	$201.3M	N/A
Goodwill	$18.0M	N/A	$18.0M0.0%	$18.0M0.0%	$18.0M+0.2%	$18.0M	N/A
Total Liabilities	$4.8B+7.3%	$4.5B+12.5%	$4.0B+17.5%	$3.4B+54.1%	$2.2B+26.1%	$1.7B	N/A
Total Equity	$531.0M+15.3%	$460.7M+11.8%	$412.0M+7.9%	$381.8M+27.7%	$299.0M+148.3%	$120.4M+113.0%	$56.5M
Retained Earnings	$183.2M+50.6%	$121.7M+54.5%	$78.8M+47.9%	$53.3M+47.9%	$36.0M+46.4%	$24.6M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$6.7B+2.3%	$6.6B+23.2%	$5.3B+5.5%	$5.1B+2.4%	$4.9B+1.0%	$4.9B-0.9%	$4.9B+6.8%	$4.6B
Cash & Equivalents	$404.2M-4.9%	$425.2M+142.7%	$175.2M+50.5%	$116.4M+2.9%	$113.1M-48.3%	$219.0M-41.0%	$371.2M+43.8%	$258.2M
Goodwill	$46.1M-0.6%	$46.4M+157.1%	$18.0M	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$6.1B+2.2%	$5.9B+23.3%	$4.8B+5.8%	$4.5B+2.3%	$4.4B+0.7%	$4.4B-1.4%	$4.5B+7.3%	$4.2B
Total Equity	$670.8M+3.1%	$650.5M+22.5%	$531.0M+3.3%	$513.8M+3.6%	$496.1M+3.4%	$479.8M+4.1%	$460.7M+2.3%	$450.5M
Retained Earnings	$219.2M+10.5%	$198.4M+8.3%	$183.2M+10.0%	$166.5M+11.3%	$149.7M+11.6%	$134.1M+10.2%	$121.7M+11.5%	$109.2M

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.

TCBX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

TCBX annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$32.7M	$50.8M+44.7%	$35.1M-10.1%	$39.1M+79.3%	$21.8M+375.4%	$4.6M+225.5%	-$3.7M-201.9%	$3.6M
Capital Expenditures	N/A	N/A	$1.8M-48.6%	$3.4M-71.8%	$12.2M+116.9%	$5.6M+315.1%	$1.4M-54.5%	$3.0M
Free Cash Flow	N/A	N/A	$33.4M-6.4%	$35.6M+271.2%	$9.6M+1026.8%	-$1.0M+79.3%	-$5.0M-919.6%	$611K
Investing Cash Flow	-$457.2M	-$610.2M-17.1%	-$520.9M+1.6%	-$529.5M+57.3%	-$1.2B-147.9%	-$500.1M0.0%	-$500.0M-310.9%	-$121.7M
Financing Cash Flow	$716.4M	$319.4M-35.5%	$495.1M-13.2%	$570.3M-53.4%	$1.2B+97.6%	$618.9M+1.3%	$611.2M+670.9%	$79.3M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$45.0M+216.2%	-$38.7M-774.5%	$5.7M-72.3%	$20.7M+49.5%	$13.9M+32.5%	$10.5M+388.9%	-$3.6M-116.5%	$22.0M
Investing Cash Flow	-$168.0M-752.6%	$25.7M+112.5%	-$205.5M-87.6%	-$109.5M+57.2%	-$255.6M-544.8%	-$39.6M+75.2%	-$160.0M-15.9%	-$138.1M
Financing Cash Flow	$102.6M-61.0%	$263.0M+2.0%	$257.9M+177.9%	$92.8M+196.6%	$31.3M+149.9%	-$62.7M-119.9%	$314.3M+137.1%	$132.6M

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

TCBX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

TCBX annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Return on Equity	12.5%+2.1pp	10.3%+2.2pp	8.1%+3.2pp	4.9%+1.1pp	3.8%-6.2pp	10.1%+5.8pp	4.2%
Return on Assets	1.2%+0.3pp	1.0%+0.2pp	0.8%+0.3pp	0.5%0.0pp	0.5%-0.2pp	0.7%	N/A
Debt-to-Equity	9.06-0.7x	9.73+0.1x	9.67+0.8x	8.88+1.5x	7.36-7.1x	14.50	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Return on Equity	3.3%+0.8pp	2.5%	N/A	3.5%+0.1pp	3.4%+0.5pp	2.8%	N/A	2.8%
Return on Assets	0.3%+0.1pp	0.3%	N/A	0.4%0.0pp	0.3%+0.1pp	0.3%	N/A	0.3%
Debt-to-Equity	9.04-0.1x	9.12+0.1x	9.06+0.2x	8.85-0.1x	8.96-0.2x	9.21-0.5x	9.73+0.5x	9.27

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, FCF Margin.

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Where Third Coast Bancshares, Inc. Ranks

Frequently Asked Questions

Is Third Coast Bancshares, Inc. profitable?

Yes, Third Coast Bancshares, Inc. (TCBX) reported a net income of $66.3M in fiscal year 2025.

What is Third Coast Bancshares, Inc.'s return on equity (ROE)?

Third Coast Bancshares, Inc. (TCBX) has a return on equity of 12.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Third Coast Bancshares, Inc.'s operating cash flow?

Third Coast Bancshares, Inc. (TCBX) generated $50.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Third Coast Bancshares, Inc.'s total assets?

Third Coast Bancshares, Inc. (TCBX) had $5.3B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Third Coast Bancshares, Inc. have outstanding?

Third Coast Bancshares, Inc. (TCBX) had 14M shares outstanding as of fiscal year 2025.

What is Third Coast Bancshares, Inc.'s debt-to-equity ratio?

Third Coast Bancshares, Inc. (TCBX) had a debt-to-equity ratio of 9.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Third Coast Bancshares, Inc.'s return on assets (ROA)?

Third Coast Bancshares, Inc. (TCBX) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Third Coast Bancshares, Inc.'s Piotroski F-Score?

Third Coast Bancshares, Inc. (TCBX) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Third Coast Bancshares, Inc.'s earnings high quality?

Third Coast Bancshares, Inc. (TCBX) has an earnings quality ratio of 0.77x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.