Third Coast Bancshares, Inc. Stock Price, News & Analysis

Third Coast Bancshares (NASDAQ:TCBX) has announced a quarterly cash dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The company will pay a dividend of $17.25 per share to preferred stockholders of record as of September 30, 2025. The dividend payment is scheduled for October 15, 2025.

Third Coast Bancshares (NASDAQ:TCBX) reported strong financial results for Q2 2025, with net income rising to $16.8M from $13.6M in Q1 2025. The bank achieved diluted EPS of $0.96 and demonstrated improved operational efficiency with an enhanced net interest margin of 4.22%.

The quarterly performance was driven by higher net interest income and strategic portfolio securitization, though partially offset by increased credit loss provisions. The company's gross loans reached $4.08 billion, while the efficiency ratio improved to 55.45% from 61.23%, reflecting successful cost management initiatives.

Third Coast Bancshares (NASDAQ: TCBX) reported strong Q2 2025 financial results, with record earnings of $16.7 million, or $1.12 and $0.96 per basic and diluted share. The bank demonstrated significant improvements with net interest margin rising to 4.22% from 3.80% in Q1 2025, and return on average assets reaching 1.38%.

Key highlights include gross loans growth to $4.08 billion, improved efficiency ratio of 55.45%, and successful completion of two commercial real estate loan securitizations totaling $250 million. The bank's total assets have grown 98% since its IPO in November 2021, reaching $4.94 billion, while maintaining strong asset quality with nonperforming loans at 0.49% of total loans.

Third Coast Bancshares (NASDAQ: TCBX) has scheduled its 2025 second quarter earnings release and conference call. The company will release financial results on Wednesday, July 23, 2025 after market close, followed by a conference call on Thursday, July 24, 2025 at 11:00 a.m. Eastern Time.

Interested parties can access the call by dialing 201-389-0869 or via webcast at the company's investor relations website. A replay will be available through July 31, 2025 by dialing 201-612-7415 with passcode 13752287#, and the webcast archive will be accessible for 90 days.

Third Coast Bancshares (NASDAQ: TCBX) has declared a quarterly cash dividend of $17.0625 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend will be paid on July 15, 2025 to shareholders of record as of June 30, 2025.

Third Coast Bancshares (NASDAQ: TCBX) has announced a new share repurchase program authorized by its Board of Directors. The program permits the company to repurchase up to $30 million of its common stock, with an expiration date of May 22, 2026. The Federal Reserve Bank of Dallas provided non-objection to the program on June 16, 2025. The company can execute repurchases through various methods including open market transactions, private negotiations, and block trades at management's discretion. The program's implementation details will be based on factors including capital status, liquidity, financial performance, stock price, and market conditions, with the flexibility to be modified or suspended at any time.

EJF Capital has completed a $150 million securitization transaction for Third Coast Bank (NASDAQ: TCBX), following a previous $100 million securitization in April 2025. The earlier transaction was secured by interests in eleven Residential Master Planned Communities in Texas metropolitan areas. This new transaction aims to reduce Third Coast Bank's risk-weighted assets under capital rules while diversifying their loan portfolio. EJF Capital, managing approximately $5.3 billion in assets, serves as a flexible capital solution provider for U.S. banks seeking de-risking solutions. Third Coast Bank operates 19 branches across major Texas metropolitan areas, including Houston, Dallas-Fort Worth, and Austin-San Antonio markets.

Third Coast Bank (NASDAQ: TCBX) has completed a $150 million securitization of commercial real estate loans in partnership with EJF Capital. The transaction, executed on June 3, 2025, involved the Bank creating and selling participation interests to EJF CRT 2025-2 Depositor LLC, which then transferred them to EJF CRT 2025-2 LLC. The Issuer pledged these interests to U.S. Bank Trust Company and issued Asset-Backed Notes Series 2025-2. This marks the Bank's second securitization, designed to reduce risk-weighted assets under current capital rules and decrease the ratio of construction and land development loans to total capital. EJF Capital, managing approximately $5.3 billion in assets, arranged the transaction, which aims to improve the diversity of the Bank's loan portfolio while maintaining regulatory compliance.

Third Coast Bancshares (NASDAQ: TCBX) reported Q1 2025 financial results with net income of $13.6M, slightly down from $13.7M in Q4 2024. The company achieved basic and diluted EPS of $0.90 and $0.78 respectively.

The quarterly performance was characterized by higher net interest income, supported by steady loan growth and strong asset quality. The net interest margin improved to 3.80% from 3.71% in Q4 2024, while gross loans reached $3.99 billion. However, the company faced headwinds from increased credit loss provisions and rising operational costs, particularly in salaries and employee benefits.

The efficiency ratio increased to 61.23% from 58.80% in the previous quarter. The company continues to focus on operational efficiency through its 1% improvement initiative, though this may be impacted by planned securitization.