Third Coast Bancshares, Inc. Announces Transfer of Listing of Common Stock to the New York Stock Exchange
Third Coast Bancshares (NASDAQ:TCBX) announced the transfer of its common stock listing from Nasdaq Global Select Market to the New York Stock Exchange (NYSE), including a dual listing on NYSE Texas. The company will maintain its ticker symbol "TCBX" and begin trading on NYSE on October 6, 2025.
The strategic move aims to enhance shareholder value, increase market visibility, and align with industry peers on a global trading platform. The dual listing on NYSE Texas reinforces Third Coast's commitment to its Texas heritage and stakeholders.
Third Coast Bancshares (NASDAQ:TCBX) ha annunciato il trasferimento della quotazione delle proprie azioni ordinarie dal Nasdaq Global Select Market al New York Stock Exchange (NYSE), includendo una doppia quotazione sull’NYSE Texas. La società manterrà il simbolo di ticker "TCBX" e inizierà a negoziarsi sull’NYSE il 6 ottobre 2025.
La mossa strategica mira ad aumentare il valore per gli azionisti, a incrementare la visibilità sul mercato e ad allinearsi con i peer del settore su una piattaforma di trading globale. La doppia quotazione sull’NYSE Texas rafforza l’impegno di Third Coast nei confronti della sua eredità texana e degli stakeholder.
Third Coast Bancshares (NASDAQ:TCBX) anunció la transferencia de su listado de acciones ordinarias desde Nasdaq Global Select Market al New York Stock Exchange (NYSE), incluyendo una cotización dual en NYSE Texas. La empresa mantendrá su símbolo de cotización "TCBX" y empezará a operar en el NYSE el 6 de octubre de 2025.
El movimiento estratégico busca aumentar el valor para los accionistas, incrementar la visibilidad en el mercado y alinearse con pares de la industria en una plataforma de negociación global. La cotización dual en NYSE Texas refuerza el compromiso de Third Coast con su herencia texana y con las partes interesadas.
Third Coast Bancshares (NASDAQ:TCBX)는 보통주 상장지정을 Nasdaq Global Select Market에서 뉴욕증권거래소(NYSE)로 이전하고 NYSE Texas에서의 이중 상장을 포함한다고 발표했습니다. 회사는 티커 기호 "TCBX"를 유지하고 2025년 10월 6일에 NYSE에서 거래를 시작합니다.
이 전략적 조치는 주주가치를 높이고 시장 가시성을 증가시키며 글로벌 거래 플랫폼에서 업계 동료들과 정렬하기 위한 것입니다. NYSE Texas의 이중 상장은 텍사스 유산과 이해관계자에 대한 Third Coast의 약속을 강화합니다.
Third Coast Bancshares (NYSE:TCBX) a annoncé le transfert de l’inscription de ses actions ordinaires du Nasdaq Global Select Market vers le New York Stock Exchange (NYSE), incluant une cotation double sur le NYSE Texas. L’entreprise conservera son symbole de négociation « TCBX » et commencera à s’y négocier le 6 octobre 2025.
Cette démarche stratégique vise à accroître la valeur pour les actionnaires, à augmenter la visibilité sur le marché et à s’aligner sur les pairs de l’industrie sur une plateforme de négociation mondiale. La cotation double sur le NYSE Texas renforce l’engagement de Third Coast envers son héritage texan et ses parties prenantes.
Third Coast Bancshares (NASDAQ:TCBX) gab die Überführung der Notierung ihrer Stammaktien vom Nasdaq Global Select Market auf die New York Stock Exchange (NYSE) bekannt, einschließlich einer Doppelnotierung an der NYSE Texas. Das Unternehmen wird sein Symbol "TCBX" beibehalten und ab dem 6. Oktober 2025 an der NYSE gehandelt werden.
Diese strategische Maßnahme zielt darauf ab, den Aktionärswert zu erhöhen, die Markt- sichtbarkeit zu verbessern und sich auf einer globalen Handelsplattform mit Branchenkollegen abzustimmen. Die Doppelnotierung an der NYSE Texas unterstreicht das Engagement von Third Coast für sein texanisches Erbe und seine Stakeholder.
Third Coast Bancshares (NASDAQ: TCBX) أعلنت عن نقل إدراج أسهمها العادية من Nasdaq Global Select Market إلى بورصة نيويورك (NYSE)، بما في ذلك إدراج مزدوج في NYSE Texas. ستحتفظ الشركة بالرمز "TCBX" وستبدأ التداول في NYSE في 6 أكتوبر 2025.
تهدف هذه الخطوة الاستراتيجية إلى تعزيز قيمة المساهمين وزيادة وضوح الشركة في السوق والتوافق مع نظرائها في القطاع على منصة تداول عالمية. الإدراج المزدوج في NYSE Texas يعزز التزام Third Coast بإرثها التكساسي وأصحاب المصلحة.
Third Coast Bancshares (NASDAQ:TCBX)宣布将普通股上市从 Nasdaq Global Select Market 转移至纽约证券交易所（NYSE），并在 NYSE Texas 实现双重上市。公司将维持其代码“TCBX”，并于 2025年10月6日 开始在NYSE交易。
该战略举措旨在提升股东价值、提高市场知名度，并在全球交易平台上与同行保持一致。NYSE Texas 的双重上市加强了 Third Coast 对其德州血统及利益相关者的承诺。
- Potential for increased market visibility through NYSE listing
- Strategic alignment with industry-leading peers on global trading platform
- Enhanced regional presence through NYSE Texas dual listing
- None.
Insights
Third Coast Bancshares' NYSE transfer elevates its market profile and potentially enhances liquidity while signaling strategic positioning alongside larger financial institutions.
Third Coast Bancshares' decision to transfer its listing from Nasdaq to the New York Stock Exchange represents a strategic repositioning within the financial markets ecosystem. This move typically signals a company's maturation and desire for enhanced visibility among institutional investors who traditionally favor NYSE-listed stocks.
The dual listing on NYSE Texas serves a dual purpose: it maintains the bank's regional identity while potentially attracting Texas-focused investors and funds. This regional connection is particularly valuable for a bank whose operations and growth strategy are deeply rooted in the Texas market.
From a market mechanics perspective, NYSE's designated market maker structure often provides more stable trading patterns compared to Nasdaq's electronic market maker system. This structure can be particularly beneficial during periods of market volatility, potentially resulting in tighter bid-ask spreads and improved liquidity for shareholders.
The company's retention of its ticker symbol "TCBX" ensures continuity for existing shareholders and market participants, eliminating potential confusion during the transition period. The timing of the transfer (October 6) with continued Nasdaq trading until October 3 creates a seamless transition weekend.
CEO Bart Caraway's emphasis on "aligning with industry leading peers" suggests this move is part of a broader strategic initiative to position Third Coast alongside larger, more established financial institutions. This alignment could enhance the company's profile among analysts and institutional investors who focus primarily on NYSE-listed financial stocks, potentially expanding its shareholder base.
Includes Dual Listing on NYSE Texas
"We are excited to announce the transfer of Third Coast's common stock listing to the NYSE and NYSE Texas," said Bart Caraway, Founder, Chairman, President and Chief Executive Officer of Third Coast. "We believe this move enhances our ability to satisfy shareholder expectations while boosting our market visibility and aligning Third Coast with industry leading peers on a global trading platform. Our dual listing on NYSE Texas highlights our strong
"We are pleased to welcome Third Coast to the New York Stock Exchange and NYSE Texas," said Chris Taylor, Chief Development Officer, NYSE Group. "We look forward to Third Coast joining the NYSE community and to helping foster new connections, growth opportunities, and visibility among investors and business leaders."
About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc. is a commercially focused,
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "looking ahead," "will likely result," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "projection," "would" and "outlook," or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about our industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. There are or will be important factors that could cause our actual results to differ materially from those indicated in these forward-looking statements, including, but not limited to, the following: the risks associated with our transfer and continued listing of our common stock on the NYSE and NYSE Texas, including potential costs, compliance obligations, or impacts on trading liquidity and investor perception; interest rate risk and fluctuations in interest rates; market conditions and economic trends generally and in the banking industry; our ability to maintain important deposit relationships; our ability to grow or maintain our deposit base; our ability to implement our expansion strategy; our ability to pay dividends on our Series A Preferred Stock; credit risk associated with our business; changes in accounting standards or tax laws; evolving regulatory requirements; cybersecurity threats and risks to information technology infrastructure; competitive pressures including new market entrants; potential impacts related to geopolitical events or global health concerns; and changes in key management personnel. For a discussion of additional factors that could cause our actual results to differ materially from those described in the forward-looking statements, please see the risk factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the
The foregoing factors should not be construed as exhaustive and should be read together with the other cautionary statements included in this press release. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor Relations
(713) 529-6600
TCBX@dennardlascar.com
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SOURCE Third Coast Bancshares
FAQ
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