STOCK TITAN

Third Coast Bancshares (TCBX) declares $17.25 dividend on 6.75% Series A preferred

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. announced that its Board of Directors declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend will be paid on October 15, 2025 to holders of record as of the close of business on September 30, 2025.

The company disclosed this action in a current report and attached the related press release as an exhibit, which also includes cautionary language regarding forward-looking statements.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
0001781730false00017817302025-09-182025-09-18

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 18, 2025

 

 

THIRD COAST BANCSHARES, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Texas

001-41028

46-2135597

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

20202 Highway 59 North

Suite 190

 

Humble, Texas

 

77338

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 281 446-7000

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common stock, par value $1.00 per share

 

TCBX

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On September 18, 2025, Third Coast Bancshares, Inc. issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $17.25 per share on it 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend is payable on October 15, 2025 to holders of record at the close of business on September 30, 2025.


A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference, including the cautionary
language regarding forward-looking statements.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description of Exhibit

99.1

Press Release dated September 18, 2025

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

THIRD COAST BANCSHARES, INC.

 

 

 

 

Date:

September 18, 2025

By:

/s/ R. John McWhorter

 

 

 

R. John McWhorter
Chief Financial Officer

 


FAQ

What dividend did Third Coast Bancshares (TCBX) declare on its preferred stock?

Third Coast Bancshares declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This reflects the board’s decision to make a scheduled cash distribution specifically on this preferred series, as disclosed in its current report.

When will Third Coast Bancshares (TCBX) pay the preferred stock dividend?

The dividend will be paid on October 15, 2025. Holders of the 6.75% Series A Convertible Non-Cumulative Preferred Stock who are on the company’s records as of the specified record date will receive this quarterly cash payment on that date.

What is the record date for the Third Coast Bancshares (TCBX) preferred dividend?

The record date for the dividend is September 30, 2025, at the close of business. Investors who are registered holders of the 6.75% Series A Convertible Non-Cumulative Preferred Stock on that date will be entitled to receive the announced quarterly cash dividend.

Which security of Third Coast Bancshares (TCBX) is receiving the $17.25 dividend?

The $17.25 per share quarterly cash dividend applies to Third Coast Bancshares’ 6.75% Series A Convertible Non-Cumulative Preferred Stock. The filing does not extend this specific dividend to other classes of securities, focusing solely on this preferred series.

Where can investors find more details about the Third Coast Bancshares (TCBX) dividend announcement?

More details are provided in a press release dated September 18, 2025, attached as Exhibit 99.1. The company’s report notes that this press release includes additional information and cautionary language regarding forward-looking statements related to the dividend.

What type of SEC filing did Third Coast Bancshares (TCBX) use for this dividend news?

Third Coast Bancshares used a Form 8-K current report to disclose the dividend declaration. This filing formally records the board’s action to declare a quarterly cash dividend on the 6.75% Series A Convertible Non-Cumulative Preferred Stock and references the related press release.