Third Coast Bancshares (NYSE: TCBX) declares $16.875 Series A preferred dividend

Rhea-AI Filing Summary

Third Coast Bancshares, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non‑Cumulative Preferred Stock. The dividend will be paid on April 15, 2026 to holders of record at the close of business on March 31, 2026.

The company is a commercially focused, Texas-based bank holding company operating through Third Coast Bank, which has 21 branches across the Austin, Dallas-Fort Worth, Greater Houston, and San Antonio markets.

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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): March 19, 2026

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		New York Stock Exchange NYSE Texas

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 March 19, 2026, Third Coast Bancshares, Inc. issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $16.875 per share on it 6.75% Series A Convertible Non-Cumulative Preferred Stock. The dividend is payable on April 15, 2026 to holders of record at the close of business on March 31, 2026.

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 March 19, 2026
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:	March 19, 2026	By:	/s/ R. John McWhorter
			R. John McWhorter Chief Financial Officer

Exhibit 99.1

	News Release
FOR IMMEDIATE RELEASE	Contact: Ken Dennard / Natalie Hairston Dennard Lascar Investor Relations (713) 529-6600 TCBX@dennardlascar.com

Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend
on its 6.75% Series A Convertible Non-Cumulative Preferred Stock

HOUSTON, March 19, 2026 – Third Coast Bancshares, Inc. (NYSE & NYSE Texas: TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non‑Cumulative Preferred Stock. The dividend is payable on April 15, 2026 to holders of record at the close of business on March 31, 2026.

About Third Coast Bancshares, Inc.

Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Austin, Dallas-Fort Worth, Greater Houston, and San Antonio markets through its wholly owned subsidiary, Third Coast Bank. Founded in 2008 in Humble, Texas, Third Coast Bank conducts banking operations through 21 branches encompassing the four largest metropolitan areas in Texas. Please visit https://www.thirdcoast.bank for more information.

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: 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; 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, 2025 filed with the U.S. Securities and Exchange Commission (the “SEC”), and our other filings with the SEC.

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.

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FAQ

What dividend did Third Coast Bancshares (TCBX) declare in this 8-K?

Third Coast Bancshares declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non‑Cumulative Preferred Stock. This payment applies only to that preferred series, not to the company’s common stock.

Which shares of Third Coast Bancshares (TCBX) receive the $16.875 dividend?

The $16.875 per share quarterly cash dividend applies to Third Coast Bancshares’ 6.75% Series A Convertible Non‑Cumulative Preferred Stock. Holders of common stock are not referenced in this dividend declaration in the disclosed content.

When is the record date for Third Coast Bancshares’ preferred dividend?

The record date for the preferred dividend is March 31, 2026, at the close of business. Investors who are holders of record of the 6.75% Series A Convertible Non‑Cumulative Preferred Stock on that date will be entitled to receive the dividend.

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

Third Coast Bancshares will pay the declared quarterly cash dividend on April 15, 2026. Eligible recipients are holders of record of its 6.75% Series A Convertible Non‑Cumulative Preferred Stock as of the close of business on March 31, 2026.

How often does Third Coast Bancshares pay the Series A preferred dividend?

The company describes this as a quarterly cash dividend on its 6.75% Series A Convertible Non‑Cumulative Preferred Stock. “Quarterly” indicates payments are scheduled four times per year, subject to future Board declarations and the company’s ability to pay.

What type of security is Third Coast Bancshares’ 6.75% Series A stock?

The 6.75% Series A is described as Convertible Non‑Cumulative Preferred Stock. Preferred shares typically have priority over common in dividends, are non-cumulative here, and this series is convertible under terms defined outside the provided excerpt.

Where does Third Coast Bancshares (TCBX) primarily operate its banking business?

Third Coast Bancshares operates through Third Coast Bank, a commercially focused, Texas-based bank. It runs 21 branches across the Austin, Dallas-Fort Worth, Greater Houston, and San Antonio markets, serving the four largest metropolitan areas in Texas.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EX-99.1 14.5 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT 27.6 KB