Third Coast Bancshares Stock Price, News & Analysis

Third Coast Bancshares, Inc. (TCBX) is a commercially focused, Texas-based bank holding company for Third Coast Bank. According to company disclosures, it operates primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, concentrating on commercial banking activities. Third Coast Bancshares is part of the finance and insurance sector and is classified in the commercial banking industry.

The company states that Third Coast Bank was founded in 2008 in Humble, Texas. From that base, it has expanded its presence across Texas. Public information from recent press releases notes that Third Coast Bank conducts banking operations through 19 branches encompassing the four largest metropolitan areas in Texas. These markets include Greater Houston, Dallas-Fort Worth, and Austin-San Antonio, where the bank focuses on serving business customers and other clients through its community banking model.

Third Coast Bancshares is a bank holding company, and Third Coast Bank is its wholly owned subsidiary. The bank is described in company materials as commercially focused, indicating an emphasis on commercial banking relationships. Earlier descriptions of the company’s operations state that it focuses on providing commercial banking solutions to small and medium-sized businesses and professionals in its markets. The company has indicated that it operates through one segment, community banking.

In regulatory filings and investor communications, Third Coast Bancshares has highlighted that it generates a majority of its revenue from interest on loans, customer service, and loan fees. This reflects a traditional commercial banking revenue profile, where interest income from loans is a core contributor, supplemented by fee-based income tied to lending and related services.

Third Coast Bancshares’ common stock trades under the ticker symbol TCBX. The company has disclosed that its stock was previously listed on the Nasdaq Global Select Market and that it voluntarily transferred the listing of its common stock to the New York Stock Exchange (NYSE), with a dual listing on NYSE Texas. An 8-K filed on September 22, 2025, states that the company notified Nasdaq of its intention to withdraw its principal listing and move to the NYSE and NYSE Texas, and a subsequent press release notes that the stock would continue to trade under the symbol TCBX after the transfer. A Form 25 filing dated October 3, 2025, confirms the voluntary removal of the company’s common stock from listing and registration on Nasdaq under SEC Rule 12d2-2(c), in connection with this transfer of listing.

Third Coast Bancshares has also described itself as a Texas-based institution in multiple press releases, emphasizing its Texas heritage and its focus on customers, employees, and communities in the state. Its headquarters city is identified in SEC filings as Humble, Texas. The company’s disclosures indicate that it operates through Third Coast Bank as a Texas banking association.

In addition to its core commercial banking activities, Third Coast Bancshares has engaged in corporate actions that reflect its growth and strategic direction. An 8-K filed on October 22, 2025, describes an Agreement and Plan of Reorganization under which a wholly owned subsidiary of Third Coast will merge with Keystone Bancshares, Inc., with Keystone surviving initially as a wholly owned subsidiary before being merged into Third Coast. The filing explains that, following these integrated mergers, Keystone Bank, SSB, will be merged with and into Third Coast Bank. A related joint press release states that, once the transaction is completed, the combined company is expected to have pro forma total assets in excess of $6 billion and that the combined organization will operate under the Third Coast name and brand.

The same joint press release notes that Keystone Bancshares is the bank holding company for Keystone Bank, a Texas state savings bank established in 2018. Keystone Bank provides real estate and small business loans, residential real estate financing, private banking, and relationship banking services, and operates three branches and one loan production office. Third Coast Bancshares has presented this acquisition as a way to strengthen its position in the greater Austin market and complement its Texas branch network.

Third Coast Bancshares’ public communications also highlight its activities in capital markets and balance sheet management. A press release dated October 17, 2025, reports that the company received the 2025 North American Transaction of the Year award from Structured Credit Investor (SCI) for a synthetic risk transfer transaction executed in partnership with EJF Capital, LLC. The company describes this as a commercial real estate loan securitization that was the first of its kind executed by a U.S. bank with $5 billion in assets, using real estate development loans as collateral. According to the release, this securitization reduced Third Coast’s commercial real estate concentration risk, improved capital ratios, and generated non-interest income. The company also notes that it completed a second securitization in the second quarter of 2025 as part of its balance-sheet optimization strategy.

Third Coast Bancshares regularly reports its financial results and key performance metrics through press releases and Form 8-K filings. For the quarter ended September 30, 2025, the company disclosed financial highlights including net income, return on average assets, net interest margin, loan growth, deposit levels, and efficiency ratio. These disclosures underscore the company’s focus on net interest income, loan portfolio growth, asset quality, and operating efficiency. The company has also reported that its loan portfolio includes commercial and industrial loans and real estate loans, which have contributed to loan growth.

In addition to its common stock, Third Coast Bancshares has issued 6.75% Series A Convertible Non-Cumulative Preferred Stock. Multiple press releases and related 8-K filings dated September 18, 2025, and December 18, 2025, state that the Board of Directors declared quarterly cash dividends of $17.25 per share on this preferred stock, with specified record and payment dates. These filings illustrate the company’s capital structure, which includes preferred equity in addition to common stock.

Corporate governance and leadership changes are also disclosed through SEC filings. An 8-K dated December 5, 2025, reports that an executive of Third Coast Bank announced her retirement and resignation as Principal Operating Officer, and that the bank entered into a separation agreement. The filing notes that the bank initiated a process to identify new Chief Operations Officer and Chief Risk Officer roles and that, in the interim, those duties would be allocated among the bank’s management team.

As a publicly traded bank holding company, Third Coast Bancshares files periodic reports, current reports, and registration statements with the SEC. These filings, along with press releases and investor presentations, provide detailed information about its financial condition, operating results, risk factors, and strategic initiatives, including the planned acquisition of Keystone Bancshares and the transfer of its stock listing to the NYSE and NYSE Texas.

Business model and operations

Based on company descriptions and regulatory filings, Third Coast Bancshares operates through a single reportable segment: community banking. The company focuses on commercial banking relationships in its Texas markets, and has indicated that it generates most of its revenue from interest on loans, customer service, and loan fees. Its loan portfolio includes commercial and industrial loans and real estate loans, and the company has discussed its management of commercial real estate concentration risk through securitization transactions.

The company’s operations are centered on Third Coast Bank, which conducts banking activities through a branch network across the four largest metropolitan areas in Texas. This footprint supports its focus on commercial customers and other clients in those markets. The company’s disclosures emphasize relationship banking and community banking within these regions.

Stock listing and regulatory status

Third Coast Bancshares’ common stock trades under the ticker symbol TCBX. The company has disclosed that its stock was previously listed on the Nasdaq Global Select Market and that it voluntarily transferred its principal listing to the New York Stock Exchange, with a dual listing on NYSE Texas. An 8-K filed on September 22, 2025, describes the planned transfer of listing, and a Form 25 filed on October 3, 2025, documents the voluntary removal of the company’s common stock from listing and registration on Nasdaq under SEC Rule 12d2-2(c). Subsequent press releases refer to the company as listed on the NYSE and NYSE Texas.

Strategic transactions and growth

The planned acquisition of Keystone Bancshares, Inc., as described in the October 22, 2025 joint press release and related 8-K filings, is a significant strategic transaction for Third Coast Bancshares. The merger agreement outlines a stock and cash transaction in which Keystone shareholders will receive either shares of Third Coast common stock or cash consideration, subject to an overall cash cap and other conditions. The integrated mergers structure will result in Keystone and Keystone Bank being combined into Third Coast and Third Coast Bank, respectively, with the combined company operating under the Third Coast name and brand.

In addition, the company’s award-winning synthetic risk transfer and securitization activities, as described in the October 17, 2025 press release, demonstrate its use of structured credit transactions to manage risk, improve capital ratios, and generate non-interest income. These transactions have been noted as notable for a bank of Third Coast’s size and have been recognized by industry observers.

Dividends and capital structure

Third Coast Bancshares has issued 6.75% Series A Convertible Non-Cumulative Preferred Stock and has declared quarterly cash dividends on this preferred stock, as reported in press releases and 8-K filings dated September 18, 2025, and December 18, 2025. These dividends are payable to holders of record on specified dates and illustrate the company’s capital structure beyond its common equity. The company’s financial disclosures also reference book value per share and tangible book value per share for its common stock.

FAQs about Third Coast Bancshares, Inc. (TCBX)

• What does Third Coast Bancshares, Inc. do?
  

  Third Coast Bancshares, Inc. is a bank holding company for Third Coast Bank. It is described as a commercially focused, Texas-based organization operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and it operates through a community banking segment.

• How does Third Coast Bancshares generate revenue?
  

  According to company descriptions, Third Coast Bancshares generates the majority of its revenue from interest on loans, customer service, and loan fees. Its loan portfolio includes commercial and industrial loans and real estate loans, which contribute to interest income and fee income.

• Where does Third Coast Bancshares operate?
  

  The company states that it operates primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets in Texas through Third Coast Bank. It conducts banking operations through 19 branches encompassing the four largest metropolitan areas in Texas.

• When was Third Coast Bank founded?
  

  Company press releases state that Third Coast Bank was founded in 2008 in Humble, Texas.

• On which exchange does TCBX trade?
  

  Third Coast Bancshares’ common stock trades under the ticker symbol TCBX. The company disclosed that it voluntarily transferred its principal listing from the Nasdaq Global Select Market to the New York Stock Exchange, with a dual listing on NYSE Texas, while continuing to use the TCBX symbol.

• What is the Keystone Bancshares transaction?
  

  An 8-K filed on October 22, 2025, and a related joint press release describe an Agreement and Plan of Reorganization under which a wholly owned subsidiary of Third Coast will merge with Keystone Bancshares, Inc. Keystone will then be merged into Third Coast, and Keystone Bank, SSB, will be merged into Third Coast Bank. The combined company is expected to operate under the Third Coast name and brand, with pro forma total assets in excess of $6 billion once the transaction is completed, subject to customary conditions.

• What types of loans and banking activities are highlighted by the company?
  

  Company disclosures reference commercial and industrial loans and real estate loans within Third Coast Bancshares’ loan portfolio. In connection with the Keystone acquisition, Keystone Bank is described as providing real estate and small business loans, residential real estate financing, private banking, and relationship banking services.

• Does Third Coast Bancshares pay dividends?
  

  Third Coast Bancshares has reported that its Board of Directors declared quarterly cash dividends of $17.25 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock, as disclosed in press releases and 8-K filings dated September 18, 2025, and December 18, 2025. These disclosures relate to dividends on preferred stock, not on common stock.

• Has Third Coast Bancshares engaged in securitization or structured credit transactions?
  

  Yes. A press release dated October 17, 2025, states that Third Coast Bancshares completed a $100 million synthetic risk transfer transaction in partnership with EJF Capital, LLC, using real estate development loans as collateral. The company reports that this securitization reduced commercial real estate concentration risk, improved capital ratios, and generated non-interest income, and that it completed a second securitization in the second quarter of 2025.

• Is Third Coast Bancshares still an active public company?
  

  The provided information includes recent press releases, earnings announcements, dividend declarations, and SEC filings, including 8-Ks and a Form 25 related to a transfer of listing from Nasdaq to the NYSE and NYSE Texas. These documents indicate that Third Coast Bancshares continues to operate as a public company with its common stock trading under the symbol TCBX on the NYSE and NYSE Texas.