Third Coast Bancshares, Inc.

TCBX

TCBXThird Coast Bancshares, Inc. US flag

New York Stock Exchange

37.64

USD

-0.52

- -

530.76MMarket Cap

Income Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	34	69	93	123	147	170	208
+ Sales & Services Revenue	34	69	93	123	147	170	208
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	21	31	51	58	65	67	79
+ Research & Development	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-21	-31	-51	-58	-65	-67	-79
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-3	-16	-14	-23	-42	-61	-83
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-3	-16	-14	-23	-42	-61	-83
Pretax Income	3	16	14	23	42	61	83
- Income Tax Expense (Benefit)	1	3	3	5	8	14	16
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	2	12	11	19	33	48	66
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	2	12	11	19	33	48	66
- Minority Interest	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	2	12	11	19	33	48	66
- Preferred Dividends	- -	- -	- -	1	5	5	5
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	2	12	11	17	29	43	62
EBIT	- -	- -	- -	- -	- -	- -	- -
EBITDA	1	- -	- -	3	4	5	5
EBITDA Margin (%)	2.53	0.11	-0.29	2.08	2.68	2.71	2.29
EBITA	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	6.94	17.51	12.27	15.21	22.71	27.96	31.91
Sales per Employee	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	0.02	0.35	0.35	0.34
Depreciation Expense	1	- -	- -	3	4	5	5
Basic Weighted Avg Shares	7	6	8	13	14	14	14
Basic EPS, GAAP	0.34	1.94	1.45	1.28	2.11	3.14	4.45
Basic EPS from Cont Ops	0.34	1.94	1.45	1.39	2.46	3.49	4.79
Diluted Weighted Avg Shares	7	6	8	14	17	17	17
Diluted EPS, GAAP	0.33	1.91	1.4	1.25	1.7	2.51	3.52
Diluted EPS from Cont Ops	0.33	1.91	1.4	1.36	1.98	2.78	3.79

Balance Sheet (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	96	227	353	506	475	756	399
+ Cash & Cash Equivalents	96	201	327	330	297	372	175
+ ST Investments	1	26	26	176	178	384	224
+ Accounts & Notes Receiv	3	14	10	18	23	26	29
+ Accounts Receivable, Net	3	14	10	18	23	26	29
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -
+ Inventories	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-100	-241	-364	-524	-498	-781	-429
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	8	15	19	47	50	46	42
+ Property, Plant & Equip	12	21	27	57	64	64	64
- Accumulated Depreciation	5	6	8	10	14	18	22
+ LT Investments & Receivables	1	26	26	176	178	384	575
+ LT Investments	1	26	26	176	178	384	575
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-8	-41	-45	-223	-228	-430	-617
+ Total Intangible Assets	- -	19	19	19	19	19	19
+ Goodwill	- -	18	18	18	18	- -	- -
+ Other Intangible Assets	- -	1	1	1	1	19	19
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-8	-60	-65	-242	-247	-449	-636
Total Assets	928	1,867	2,499	3,773	4,396	4,942	5,341
+ Payables & Accruals	2	1	- -	3	5	6	6
+ Accounts Payable	2	1	- -	3	5	6	6
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	1	31	39	31	38
+ ST Borrowings	- -	- -	1	31	39	31	38
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-2	-1	-1	-33	-44	-37	-44
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-2	-1	-1	-33	-44	-37	-44
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	30	34	- -	99	103	102	99
+ LT Borrowings	30	34	- -	80	81	81	81
+ LT Finance Leases	- -	- -	- -	18	22	21	18
+ Other LT Liabilities	-30	-34	- -	-99	-103	-102	-99
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-30	-34	- -	-99	-103	-102	-99
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	871	1,746	2,200	3,391	3,984	4,482	4,810
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	46	98	263	332	333	336	338
+ Common Stock	4	6	13	14	14	14	14
+ Additional Paid in Capital	42	91	249	318	320	322	324
- Treasury Stock	1	1	1	1	1	1	1
+ Retained Earnings	12	25	36	53	79	122	183
+ Other Equity	- -	- -	1	-2	1	5	11
Equity Before Minority Interest	57	122	299	382	412	461	531
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -
Total Equity	57	122	299	382	412	461	531
Total Liabilities & Equity	928	1,867	2,499	3,773	4,396	4,942	5,341
Shares Outstanding	12	12	13	14	14	14	14
Number of Employees	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	18	22	21	18
Net Debt	-65	-168	-326	-219	-177	-260	-57
Net Debt to Equity	-114.26	-137.63	-108.98	-57.27	-43.08	-56.41	-10.66
Tangible Common Equity Ratio	6.17	5.53	11.28	9.66	8.98	8.97	9.63
Current Ratio	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

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	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	2	12	11	19	33	48	66
+ Depreciation & Amortization	1	- -	- -	3	4	5	5
+ Non-Cash Items	1	-6	-8	6	-3	-10	-12
+ Stock-Based Compensation	- -	- -	1	1	2	2	2
+ Deferred Income Taxes	- -	-2	- -	-1	-3	-3	3
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	1	-4	-8	6	-2	-9	-17
+ Chg in Non-Cash Work Cap	-1	-10	1	-5	5	-7	-8
+ (Inc) Dec in Accts Receiv	-1	-10	1	-13	-4	-8	-21
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	8	10	1	12
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	4	-4	5	22	39	35	51
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	1	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	1	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-1	-6	-12	-3	-2	-3
+ Acq of Fixed Prod Assets	-3	-1	-6	-12	-3	-2	-3
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-1	- -	162	- -	- -	- -	- -
+ Increase in Capital Stock	- -	- -	163	- -	- -	- -	- -
+ Decrease in Capital Stock	-1	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	2	-22	-2	-162	5	-197	-181
+ Dec in LT Investment	600	1,903	1,998	2,005	3,122	4,082	5,245
+ Inc in LT Investment	-599	-1,925	-2,000	-2,167	-3,118	-4,278	-5,426
+ Net Cash From Acq & Div	- -	16	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	16	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-120	-493	-492	-1,067	-531	-323	-427
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-122	-500	-500	-1,240	-530	-521	-610
+ Dividends Paid	- -	- -	- -	- -	-5	-5	-5
+ Net Cash From Debt	6	38	-33	30	- -	- -	- -
+ Cash From Debt	8	45	- -	80	- -	- -	- -
+ Repayments of Debt	-2	-8	-33	-50	- -	- -	- -
+ Other Financing Activities	73	574	490	1,193	575	500	324
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	79	611	619	1,223	570	495	319
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-39	107	123	5	80	9	-240
EBITDA	1	- -	- -	3	4	5	5
EBITDA Margin (%)	2.53	0.11	-0.29	2.08	2.68	2.71	2.29
Free Cash Flow	1	-5	-1	10	36	33	48
Net Cash Paid for Acquisitions	- -	-16	- -	- -	- -	- -	- -
Free Cash Flow to Firm	1	-5	-1	10	36	33	48
Free Cash Flow to Equity	- -	33	-34	40	31	29	43
Free Cash Flow per Basic Share	0.09	-0.8	-0.13	0.71	2.62	2.44	3.48
Price/Free Cash Flow	- -	- -	20.72	7.46	7.89	15.76	12.41
Cash Flow to Net Income	1.51	-0.3	0.4	1.17	1.17	0.74	0.77
Capital Expenditures	-3	-1	-6	-12	-3	-2	-3