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TCBX

Third Coast Bancshares Inc

$19.42

Earnings Summary

Revenue
$32.51Mn
Net Profits
$27.74Mn
Net Profit Margins
85.32%
PE Ratio
16.06

Highlights

Revenue:

Third Coast Bancshares Inc’s revenue jumped 46.54% since last year same period to $32.51Mn in the Q2 2022. On a quarterly growth basis, Third Coast Bancshares Inc has generated 22.22% jump in its revenue since last 3-months.

Net Profits:

Third Coast Bancshares Inc’s net profit jumped 672.97% since last year same period to $27.74Mn in the Q2 2022. On a quarterly growth basis, Third Coast Bancshares Inc has generated 1229.08% jump in its net profits since last 3-months.

Net Profit Margins:

Third Coast Bancshares Inc’s net profit margin jumped 427.46% since last year same period to 85.32% in the Q2 2022. On a quarterly growth basis, Third Coast Bancshares Inc has generated 987.42% jump in its net profit margins since last 3-months.

PE Ratio:

Third Coast Bancshares Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 16.06.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Third Coast Bancshares Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.3
EPS Estimate Current Year
0.3

Highlights

EPS Estimate Current Quarter:

Third Coast Bancshares Inc’s earning per share (EPS) estimates for the current quarter stand at 0.3 - a 76.47% jump from last quarter’s estimates.

EPS Estimate Current Year:

Third Coast Bancshares Inc’s earning per share (EPS) estimates for the current year stand at 0.3.

Key Ratios

Key ratios of the Third Coast Bancshares Inc post its Q2 2022 earnings

Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.05
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Third Coast Bancshares Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Third Coast Bancshares Inc’s return on equity (ROE) stands at 0.05.

Dividend Per Share (DPS):

Third Coast Bancshares Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.3
0.16
-46.67%
2022-05-05
0.17
0.15
-11.76%

Company Information

Organisation
Third Coast Bancshares Inc
Employees
2.02K