Third Coast Bancshares (TCBX) Expected to Announce Earnings on Wednesday

Third Coast Bancshares (NASDAQ:TCBX) is projected to post its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to post earnings of $0.9960 per share and revenue of $66.83 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Third Coast Bancshares (NASDAQ:TCBX) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.18. Third Coast Bancshares had a return on equity of 12.05% and a net margin of 16.30%. The firm had revenue of $67.99 million for the quarter, compared to analysts’ expectations of $62.75 million. On average, analysts expect Third Coast Bancshares to post $3.10 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

Third Coast Bancshares Trading Up 0.1%

Third Coast Bancshares stock opened at $41.53 on Monday. Third Coast Bancshares has a twelve month low of $35.73 and a twelve month high of $46.35. The stock has a 50 day moving average of $44.01 and a two-hundred day moving average of $41.30. The stock has a market capitalization of $689.07 million, a price-to-earnings ratio of 12.70 and a beta of 0.33.

Third Coast Bancshares declared that its board has initiated a share buyback plan on Thursday, July 2nd that authorizes the company to buy back $30.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 4.5% of its shares through open market purchases. Share repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have recently commented on TCBX shares. Keefe, Bruyette & Woods raised their target price on shares of Third Coast Bancshares from $45.00 to $48.00 and gave the stock a “market perform” rating in a research note on Monday, August 3rd. Brean Capital began coverage on shares of Third Coast Bancshares in a research note on Wednesday, September 30th. They set a “neutral” rating and a $47.00 price target on the stock. Piper Sandler initiated coverage on shares of Third Coast Bancshares in a report on Thursday, August 27th. They set an “overweight” rating and a $53.00 price target for the company. Finally, Benchmark raised shares of Third Coast Bancshares to a “strong-buy” rating in a report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Third Coast Bancshares presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.60.

About Third Coast Bancshares

Third Coast Bancshares, Inc is the bank holding company for Third Coast Bank SSB, a Texas-based community bank. The company provides relationship-focused banking services to businesses, professionals and individuals through its banking operations in Texas.

Third Coast Bank offers commercial and consumer deposit products, including checking, savings and money market accounts, certificates of deposit and cash-management services. Its lending activities include commercial and industrial loans, commercial real estate financing, residential and other real estate loans, construction lending, and consumer loans.

Founded in 2008, Third Coast Bank serves communities in the Houston, Dallas-Fort Worth and other Texas markets through branch locations and digital banking channels.