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

Third Coast Bancshares (NASDAQ:TCBX) will likely be issuing its Q2 2026 results after the market closes on Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.88 per share and revenue of $62.7540 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 23, 2026 at 11:00 AM ET.

Third Coast Bancshares Price Performance

Third Coast Bancshares stock opened at $40.13 on Tuesday. The stock has a market capitalization of $665.82 million, a PE ratio of 12.27 and a beta of 0.33. The business has a 50 day simple moving average of $39.20 and a 200-day simple moving average of $39.37. Third Coast Bancshares has a 12 month low of $35.03 and a 12 month high of $43.84.

Third Coast Bancshares declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 2nd that allows the company to buyback $30.00 million in outstanding shares. This buyback authorization allows the company to buy up to 4.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TCBX shares. Zacks Research cut shares of Third Coast Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Raymond James Financial raised shares of Third Coast Bancshares from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a report on Tuesday, April 7th. Finally, Stephens dropped their target price on shares of Third Coast Bancshares from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, April 24th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.00.

Hedge Funds Weigh In On Third Coast Bancshares

Hedge funds and other institutional investors have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in Third Coast Bancshares in the 4th quarter valued at $237,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Third Coast Bancshares during the fourth quarter worth $246,000. Engineers Gate Manager LP purchased a new stake in shares of Third Coast Bancshares during the fourth quarter worth $265,000. Price T Rowe Associates Inc. MD raised its position in shares of Third Coast Bancshares by 12.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,674 shares of the company’s stock valued at $292,000 after buying an additional 838 shares during the last quarter. Finally, Occudo Quantitative Strategies LP acquired a new stake in shares of Third Coast Bancshares in the third quarter valued at about $277,000. Hedge funds and other institutional investors own 36.88% of the company’s stock.

Third Coast Bancshares Company Profile

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, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, commercial and residential real estate, and construction, development, and other loans.