Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q4 2025
Rhea-AI Summary
Third Coast Bancshares (NYSE: TCBX) reported 4Q25 net income $17.9M versus $13.7M in 4Q24 and $18.1M in 3Q25, with basic EPS $1.21 and diluted EPS $1.02.
The small Q/Q decline was attributed to merger-related legal and professional expenses and higher salaries/benefits, partly offset by higher net interest income and increased non-margin loan fees. NIM held steady at 4.10%. Management expects continued focus on operational efficiency, while near-term expense levels may remain noisy during early stages of the Keystone integration. The company says the merger remains on track and it has increased the low end of its deposit growth range.
Positive
- Net income of $17.9M in 4Q25, up from $13.7M in 4Q24 (+30.7% YoY)
- NIM stable at 4.10%, supporting interest margin stability
- Increase in non-margin loan fees, partially offsetting expense pressure
Negative
- Merger-related legal and professional expenses reduced Q/Q profitability
- Higher salaries and benefits contributed to near-term expense noise
- Early-stage Keystone integration may keep expenses elevated in the near term
Key Figures
Market Reality Check
Peers on Argus
TCBX gained 5.19%, while close peers showed mixed, mostly modest moves (e.g., BHB +1.26%, PFIS +0.65%, GNTY -1.46%). With no peers in the momentum scanner and no same-day peer headlines, today’s strength appears company-specific rather than a broad regional bank move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 31 | Earnings call schedule | Neutral | -1.5% | Announced timing for Q4 and full-year 2025 results and conference call. |
| Dec 18 | Preferred dividend | Positive | -2.5% | Declared quarterly cash dividend on 6.75% Series A preferred stock. |
| Oct 24 | Q3 update & merger | Positive | +0.9% | Reported 3Q25 results and acquisition update with higher net income and fees. |
| Oct 22 | Keystone merger deal | Positive | -3.0% | Announced definitive stock-and-cash merger agreement with Keystone Bancshares. |
| Oct 22 | Q3 2025 earnings | Positive | -3.0% | Reported record 3Q25 earnings with strong margins, loan, and deposit growth. |
Positive strategic and earnings news has sometimes seen negative next-day reactions, especially around the Keystone merger announcements.
Recent news for Third Coast Bancshares has centered on earnings strength and the Keystone merger. In 3Q25, the company reported record results with positive coverage and a merger update, yet subsequent price moves were mixed, including a -3% reaction to both the merger agreement and the 3Q25 earnings release. Dividend and conference-call announcements in December 2025 also saw small negative moves. Today’s Q4 update and confirmation that the merger remains on track come as the stock trades very close to its 52-week high.
Market Pulse Summary
This announcement highlights Q4 2025 net income of $17.9M with basic and diluted EPS of $1.21 and $1.02, respectively, and notes that net interest margin held steady at 4.10%. It also reiterates that the Keystone merger remains on track and that deposit growth expectations have been raised at the low end. Investors may watch future updates on integration expenses, efficiency initiatives, and credit trends to gauge how these factors shape earnings sustainability.
Key Terms
EPS financial
AI-generated analysis. Not financial advice.
Dallas, Texas--(Newsfile Corp. - January 23, 2026) - Third Coast Bancshares, Inc. (NYSE: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 4Q25, Third Coast reported net income of
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:
- Merger still on track
- NIM held steady at
4.10% - Increased low end of deposit growth range
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/281387
FAQ
What did Third Coast Bancshares (TCBX) report for 4Q25 net income and EPS?
Why did TCBX's net income decline slightly quarter-over-quarter in 4Q25?
What was Third Coast's net interest margin (NIM) in 4Q25 and what does it mean for TCBX?
Is the Keystone merger with Third Coast still on track according to the update?
How did deposit growth guidance change for TCBX in this update?
