Earnings summaries and quarterly performance for Third Coast Bancshares.
Executive leadership at Third Coast Bancshares.
Bart Caraway
Detailed
Chairman, President and Chief Executive Officer
CEO
Audrey Duncan
Detailed
Senior Executive Vice President and Chief Credit Officer
Bill Bobbora
Detailed
Executive Vice President and Chief Banking Officer
Christopher Peacock
Detailed
Executive Vice President and Chief Retail Officer
Liz Eber
Detailed
Executive Vice President and Chief Legal Officer
R. John McWhorter
Detailed
Senior Executive Vice President and Chief Financial Officer
Vicki Alexander
Detailed
Executive Vice President and Chief Risk and Operations Officer
Board of directors at Third Coast Bancshares.
Carolyn Bailey
Detailed
Director
David Phelps
Detailed
Director
Dennis Bonnen
Detailed
Director
Donald Brunson
Detailed
Director
Greg Bonnen
Detailed
Director
Joseph Stunja
Detailed
Director
Lynn Eisenhart
Detailed
Director
Martin Basaldua
Detailed
Lead Independent Director
Mary Stich
Detailed
Director
Reagan Swinbank
Detailed
Director
Shelton McDonald
Detailed
Director
Tony Scavuzzo
Detailed
Director
Troy Glander
Detailed
Director
Research analysts who have asked questions during Third Coast Bancshares earnings calls.
Bernard Von Gizycki
Deutsche Bank
6 questions for TCBX
Also covers: CMA, FCNCA, FLG +5 more
David Storms
Stonegate Capital Partners
6 questions for TCBX
Also covers: ACOG, AMTX, ARLP +19 more
Matt Olney
Stephens Inc.
4 questions for TCBX
Also covers: BFST, BOKF, BSVN +20 more
Michael Rose
Raymond James Financial, Inc.
4 questions for TCBX
Also covers: AMTB, BFST, BOKF +24 more
Woody Lay
Keefe, Bruyette & Woods (KBW)
4 questions for TCBX
Also covers: BKU, BMRC, BOKF +12 more
Wood Lay
Keefe, Bruyette & Woods
2 questions for TCBX
Also covers: AMTB, BKU, BMRC +14 more
Brian Hagler
Kennedy Capital Management
1 question for TCBX
Jordan Gendt
Stephens Inc.
1 question for TCBX
Jordan Ghent
Stephens Inc.
1 question for TCBX
Also covers: HTH, SBSI, SFNC
Tim Mitchell
Raymond James Financial
1 question for TCBX
Also covers: HTH, OZK, PNFP +1 more
Timothy Mitchell
Raymond James
1 question for TCBX
Also covers: AMTB, BOKF, FSUN +6 more
Recent press releases and 8-K filings for TCBX.
Third Coast Bancshares, Inc. Announces Acquisition of Keystone Bancshares, Inc.
TCBX
M&A
- Third Coast Bancshares, Inc. (TCBX) entered into an Agreement and Plan of Reorganization on October 22, 2025, to acquire Keystone Bancshares, Inc..
- The acquisition will involve a multi-step merger process, with Keystone ultimately becoming a wholly owned subsidiary of TCBX and Keystone Bank merging into Third Coast Bank.
- Keystone shareholders will receive 0.45925 shares of TCBX Common Stock for each share of Keystone Stock, with a limited cash election option where the aggregate cash consideration is capped at $20,000,000.
- The Exchange Ratio is subject to reduction if Keystone does not deliver a minimum of $94,576,000 in capital, surplus, and retained earnings less intangible assets.
- The agreement includes a termination date of September 30, 2026, which can be extended by mutual agreement, and can also be terminated due to regulatory disapproval or a material adverse change.
Oct 27, 2025, 8:30 PM
Third Coast Bancshares Reports Strong Q3 2025 Results and Announces Merger Agreement
TCBX
Earnings
M&A
Guidance Update
- Third Coast Bancshares reported Q3 2025 net income of $16.9 million, an 8.3% increase quarter-over-quarter, achieving a return on average assets (ROA) of 1.41% and a 15.1% return on equity (ROE). The company also surpassed $5 billion in total assets for the first time.
- The company's efficiency ratio improved to 53.05% for the third quarter , while the net interest margin declined to 4.10%, with a forecast of 3.90% to 3.95% for Q4 2025.
- Third Coast Bancshares entered a definitive merger agreement with Keystone Bancshares Inc., expected to close in Q1 2026, which will result in a combined entity with pro forma total assets exceeding $6 billion.
- Management expects loan growth targets of $50 million-$100 million in Q4 2025 and is looking at a third securitization transaction, likely in Q1 2026.
Oct 23, 2025, 3:00 PM
TCBX Reports Strong Q3 2025 Results and Announces Merger with Keystone Bancshares
TCBX
Earnings
M&A
Guidance Update
- Third Coast Bancshares reported net income of $16.9 million for Q3 2025, an 8.3% increase from the previous quarter, achieving an annualized Return on Average Assets (ROAA) of 1.41%.
- The company announced a definitive merger agreement with Keystone Bancshares Inc., anticipated to close in Q1 2026, which is expected to create a combined entity with pro forma total assets exceeding $6 billion.
- For Q3 2025, total assets surpassed $5 billion for the first time, and the efficiency ratio improved to 53.05%.
- Management forecasts a Q4 2025 net interest margin between 3.90% and 3.95% and targets loan growth of $50 million to $100 million for the quarter.
Oct 23, 2025, 3:00 PM
Third Coast Bancshares, Inc. Reports Record Q3 2025 Earnings
TCBX
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- Third Coast Bancshares, Inc. reported record basic earnings per share of $1.22 and diluted earnings per share of $1.03 for the third quarter of 2025, with net income totaling $18.1 million.
- The company achieved an improved efficiency ratio of 53.03% and an increased return on average assets of 1.41% annualized for the third quarter of 2025.
- Gross loans grew to $4.17 billion and deposits totaled $4.37 billion as of September 30, 2025, reflecting quarter-over-quarter growth.
- Book value per share increased to $32.25 and tangible book value per share to $30.91 as of September 30, 2025.
- The company also transferred its common stock listing to the New York Stock Exchange and NYSE Texas.
Oct 22, 2025, 8:15 PM
Third Coast Bancshares Wins SCI Transaction of the Year Award
TCBX
New Projects/Investments
- Third Coast Bancshares, Inc. (TCBX) was recognized as the 2025 North American Transaction of the Year by Structured Credit Investor (SCI) for its innovative commercial real estate loan securitization.
- This award-winning transaction, executed in partnership with EJF Capital, LLC, was a landmark $100 million synthetic risk transfer (SRT) completed in April 2025.
- The SRT was a first-of-its-kind for a U.S. bank with $5 billion in assets, previously only undertaken by much larger institutions.
- The securitization successfully reduced commercial real estate concentration risk, improved capital ratios, and generated meaningful non-interest income.
- Third Coast continued its balance-sheet optimization strategy by completing a second securitization in Q2 2025.
Oct 17, 2025, 8:15 PM
Third Coast Bancshares Receives SCI Nominations and Announces NYSE Listing Transition
TCBX
New Projects/Investments
Delisting/Listing Issues
- Third Coast Bancshares has been nominated by SCI as the 2025 North American Issuer of the Year and, with EJF Capital, LLC, for North American Transaction of the Year.
- The nomination for Transaction of the Year recognizes their $200 million commercial real estate loan securitization completed in April 2025, which was the first synthetic risk transfer (SRT) deal by a U.S. bank of Third Coast's asset size ($5 billion).
- This pioneering move demonstrates the company's leadership in risk management innovation, enhancing growth and stability for regional banks.
- Effective October 6, 2025, Third Coast Bancshares' common stock will transition to trading on the New York Stock Exchange (NYSE) under its current ticker symbol "TCBX".
Sep 29, 2025, 8:15 PM
Quarterly earnings call transcripts for Third Coast Bancshares.
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