Comparing Third Coast Bancshares (TCBX) and Its Rivals

Third Coast Bancshares (NASDAQ:TCBXGet Rating) is one of 36 publicly-traded companies in the “Savings institutions, except federal” industry, but how does it contrast to its peers? We will compare Third Coast Bancshares to similar companies based on the strength of its dividends, analyst recommendations, risk, profitability, institutional ownership, earnings and valuation.

Profitability

This table compares Third Coast Bancshares and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Third Coast Bancshares 6.09% 2.65% 0.28%
Third Coast Bancshares Competitors 18.27% 7.40% 0.78%

Analyst Ratings

This is a breakdown of recent ratings for Third Coast Bancshares and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Third Coast Bancshares 0 1 3 0 2.75
Third Coast Bancshares Competitors 44 303 265 3 2.37

Third Coast Bancshares currently has a consensus target price of $28.25, indicating a potential upside of 50.11%. As a group, “Savings institutions, except federal” companies have a potential upside of 10.66%. Given Third Coast Bancshares’ stronger consensus rating and higher probable upside, equities analysts clearly believe Third Coast Bancshares is more favorable than its peers.

Institutional & Insider Ownership

28.6% of Third Coast Bancshares shares are held by institutional investors. Comparatively, 41.2% of shares of all “Savings institutions, except federal” companies are held by institutional investors. 7.3% of shares of all “Savings institutions, except federal” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Third Coast Bancshares and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Third Coast Bancshares $105.49 million $11.42 million 30.35
Third Coast Bancshares Competitors $139.81 million $38.98 million 1.21

Third Coast Bancshares’ peers have higher revenue and earnings than Third Coast Bancshares. Third Coast Bancshares is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

Third Coast Bancshares peers beat Third Coast Bancshares on 8 of the 12 factors compared.

About Third Coast Bancshares

(Get Rating)

Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.

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