Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q3 2025
Third Coast Bancshares (NYSE: TCBX) reported 3Q25 results and a material acquisition update. Net income was $18.1M versus $16.7M in 3Q24. Basic EPS was $1.22 and diluted EPS was $1.03. Management cited stronger net interest income and higher non-margin loan fees, partly offset by a higher provision for credit losses.
Key corporate action: announced a definitive agreement to acquire Keystone Bancshares for approximately $123 million, creating pro forma assets of >$6 billion with closing targeted for 1Q26. Other metrics: ROAA improved to 1.41% from 1.38% sequentially; net interest margin was 4.10% in 3Q25 versus 4.22% in 2Q25 and 3.73% year-over-year. The firm plans to sustain a 1% operational efficiency improvement and expects stable non-interest expenses.
Third Coast Bancshares (NYSE: TCBX) ha riportato i risultati del 3Q25 e un aggiornamento sull'acquisizione rilevante. l'utile netto è stato di $18.1M rispetto a $16.7M nel 3Q24. l'EPS base è stato di $1.22 e l'EPS diluito è stato di $1.03. La direzione ha citato un maggiore reddito da interessi netti e maggiori oneri per commissioni su prestiti non a margine, in parte offset da una maggiore dotazione per perdite su crediti.
Azione aziendale chiave: è stato annunciato un accordo definitivo per acquisire Keystone Bancshares per circa $123 milioni, creando attivi pro forma superiori a >$6 miliardi con chiusura prevista per 1Q26. Altri indicatori: ROAA migliorato a 1.41% dall'1.38% in modo sequenziale; margine di interesse netto è stato 4.10% nel 3Q25 rispetto al 4.22% nel 2Q25 e 3.73% su base annua. L'azienda prevede di mantenere un miglioramento dell'efficienza operativa dell'1% e si aspetta spese non legate agli interessi stabili.
Third Coast Bancshares (NYSE: TCBX) informó resultados del 3T25 y una actualización importante de adquisición. El ingreso neto fue de $18.1M frente a $16.7M en el 3T24. El EPS básico fue de $1.22 y el EPS diluido fue de $1.03. La dirección citó un mayor ingreso neto por intereses y mayores tarifas por préstamos fuera de margen, en parte compensado por una mayor provisión para pérdidas crediticias.
Acción corporativa clave: anunció un acuerdo definitivo para adquirir Keystone Bancshares por aproximadamente $123 millones, creando activos pro forma de >$6 mil millones con cierre previsto para el 1Q26. Otros indicadores: ROAA se situó en 1.41% desde 1.38% secuencialmente; el margen de interés neto fue del 4.10% en 3Q25 frente al 4.22% en 2Q25 y 3.73% interanual. La empresa planea mantener una mejora operativa del 1% y espera gastos no por intereses estables.
Third Coast Bancshares (NYSE: TCBX)는 3Q25 실적과 중요한 인수 업데이트를 발표했습니다. 순이익은 $18.1M으로 3Q24의 $16.7M 대비 증가했습니다. 기본 EPS는 $1.22, 희석 EPS는 $1.03였습니다. 경영진은 순이자 소득 증가와 비마진 대출 수수료의 상승을 언급했으며, 일부는 신용 손실 충당금 증가로 상쇄되었습니다.
주요 기업 조치: Keystone Bancshares를 약 $123백만에 인수하는 최종 계약을 발표했고, 프로 포르마 자산이 >$6십억을 초과하며 마감은 1Q26에 목표로 하고 있습니다. 다른 지표로는 ROAA가 순차적으로 1.41%로 개선되었고, 3Q25의 순이자마진은 4.10%로 2Q25의 4.22% 및 연간 3.73% 대비 상승했습니다. 회사는 운영 효율성을 1% 개선하고 비이자 비용은 안정될 것으로 예상합니다.
Third Coast Bancshares (NYSE: TCBX) a publié les résultats du T3 2025 et une mise à jour importante sur l'acquisition. Le résultat net s'est élevé à $18.1M contre $16.7M au T3 24. Le BPA de base était de $1.22 et le BPA dilué était de $1.03. La direction a évoqué une hausse du revenu net d'intérêts et des frais non marginaux sur les prêts, partiellement compensés par une dotation plus élevée pour pertes sur crédits.
Action clé: annonce d'un accord définitif pour acquérir Keystone Bancshares pour environ $123 millions, créant des actifs pro forma de > $6 milliards avec une clôture visée pour 1Q26. Autres mesures: ROAA amélioré à 1.41% contre 1.38% séquentiellement; marge d'intérêt nette à 4.10% au T3 25 contre 4.22% au T2 25 et 3.73% sur YoY. L'entreprise prévoit de maintenir une amélioration opérationnelle de 1% et s'attend à des dépenses hors intérêts stables.
Third Coast Bancshares (NYSE: TCBX) meldete die Ergebnisse des 3Q25 und ein wesentliches Update zur Akquisition. Nettoeinkommen betrug $18.1M gegenüber $16.7M im 3Q24. Basis-EPS betrug $1.22 und verwässertes EPS betrug $1.03. Das Management verwies auf stärkeren Nettozinsüberschuss und höhere Gebühren für nicht margengebende Kredite, teilweise kompensiert durch eine höhere Rückstellung für Kreditausfälle.
Schlüsselmaßnahme: Bekanntgabe einer Definitivvereinbarung zum Erwerb von Keystone Bancshares für ca. $123 Millionen, wodurch pro-forma Vermögenswerte von mehr als >$6 Milliarden entstehen, Abschluss für das 1Q26 geplant. Weitere Kennzahlen: ROAA verbesserte sich sequentiell auf 1.41%; Nettozinsmarge lag im 3Q25 bei 4.10% gegenüber 4.22% im 2Q25 und 3.73% YoY. Das Unternehmen plant eine 1%-ige operative Effizienzsteigerung und erwartet stabile nicht-zinsbezogene Aufwendungen.
Third Coast Bancshares (NYSE: TCBX) أبلغت عن نتائج الربع الثالث من عام 2025 وتحديثًا هامًا بخصوص الاستحواذ. صافي الدخل كان $18.1M مقابل $16.7M في الربع الثالث 2024. الأرباح الأساسية للسهم كانت $1.22 والأرباح المخفّضة للسهم كانت $1.03. ذكرت الإدارة أن صافي دخل الفوائد أعلى ورسوم القروض غير الهامشية أعلى، مع تعويض جزئي من زيادة المخصص لمصروفات الخسائر الائتمانية.
الإجراء التنفيذي الرئيسي: الإعلان عن اتفاق نهائي لشراء Keystone Bancshares مقابل نحو $123 مليون، مما يخلق أصولاً برو-فورما تزيد عن >$6 مليار مع إغلاق مستهدف في 1Q26. مقاييس أخرى: ارتفع ROAA إلى 1.41% من 1.38% بشكل تسلسلي؛ هامش الفائدة الصافي كان 4.10% في الربع الثالث 25 مقارنة بـ 4.22% في الربع الثاني 25 و 3.73% على أساس سنوي. تخطط الشركة للحفاظ على تحسين تشغيلي بنسبة 1% وتتوقع استقرار النفقات غير المرتبطة بالفوائد.
- Definitive agreement to acquire Keystone Bancshares for ~$123 million
- Pro forma assets expected to exceed $6 billion on close (targeted 1Q26)
- Net interest margin declined to 4.10% in 3Q25 from 4.22% in 2Q25
- Higher provision for credit losses partially offset earnings
Dallas, Texas--(Newsfile Corp. - October 24, 2025) - Third Coast Bancshares, Inc. (NYSE: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 3Q25, Third Coast reported net income of
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Announced definitive agreement to acquire Keystone Bancshares for ~
$123 million ; pro forma assets >$6 billion with closing targeted for 1Q26. - Net income rose to
$18.1M in 3Q25, with ROAA improving to1.41% from1.38% sequentially. - Net interest margin was
4.10% in 3Q25, versus4.22% in 2Q25 and3.73% y/y.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com
Source: Stonegate, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271791
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