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Third Coast Bancshares (TCBX) News Today

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$34.58 -0.09 (-0.26%)
(As of 11/15/2024 ET)
Third Coast Bancshares, Inc. stock logo
Third Coast Bancshares (NASDAQ:TCBX) Announces Earnings Results
Third Coast Bancshares (NASDAQ:TCBX - Get Free Report) released its earnings results on Wednesday. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.21. Third Coast Bancshares had a net margin of 11.54% and a return on equity of 8.72%. The firm had revenue of $85.24 million during the quarter, compared to analyst estimates of $41.09 million. During the same quarter in the previous year, the firm earned $0.32 earnings per share.
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Inspire Investing LLC Makes New $823,000 Investment in Third Coast Bancshares, Inc. (NASDAQ:TCBX)
Inspire Investing LLC bought a new stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 30,758 shares of the company's st
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Dimensional Fund Advisors LP Raises Holdings in Third Coast Bancshares, Inc. (NASDAQ:TCBX)
Dimensional Fund Advisors LP boosted its stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX - Free Report) by 18.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 190,819 shares of the company's stock after buying an add
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BlackBarn Capital Partners LP Boosts Stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX)
BlackBarn Capital Partners LP increased its holdings in shares of Third Coast Bancshares, Inc. (NASDAQ:TCBX - Free Report) by 14.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned
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Acadian Asset Management LLC Has $782,000 Holdings in Third Coast Bancshares, Inc. (NASDAQ:TCBX)
Acadian Asset Management LLC raised its position in Third Coast Bancshares, Inc. (NASDAQ:TCBX - Free Report) by 1,244.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,790 shares of the company's stock after purchasin
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Third Coast Bancshares, Inc. (NASDAQ:TCBX) Short Interest Up 43.8% in July
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 87,400 shares, a growth of 43.8% from the July 15th total of 60,800 shares. Based on an average daily trading volume, of 35,000 shares, the short-interest ratio is currently 2.5 days. Currently, 0.8% of the shares of the company are sold short.
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Kennedy Capital Management LLC Has $6.59 Million Stock Position in Third Coast Bancshares, Inc. (NASDAQ:TCBX)
Kennedy Capital Management LLC lifted its position in Third Coast Bancshares, Inc. (NASDAQ:TCBX - Free Report) by 51.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 329,063 shares
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Third Coast Bancshares (NASDAQ:TCBX) Price Target Raised to $26.00
Deutsche Bank Aktiengesellschaft lifted their price objective on Third Coast Bancshares from $22.00 to $26.00 and gave the company a "hold" rating in a report on Monday.
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Third Coast Bancshares (NASDAQ:TCBX) Stock Rating Reaffirmed by Keefe, Bruyette & Woods
Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a $28.00 target price (up from $26.00) on shares of Third Coast Bancshares in a research report on Monday.
Third Coast Bancshares earnings preview: what to expect
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Third Coast Bancshares, Inc. (NASDAQ:TCBX) Insider William Bobbora Purchases 2,484 Shares
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) insider William Bobbora acquired 2,484 shares of the business's stock in a transaction dated Tuesday, May 21st. The shares were purchased at an average price of $21.44 per share, with a total value of $53,256.96. Following the transaction, the insider now owns 35,639 shares of the company's stock, valued at $764,100.16. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
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Third Coast Bancshares, Inc. (NASDAQ:TCBX) Short Interest Update
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 81,500 shares, a decrease of 17.5% from the April 30th total of 98,800 shares. Approximately 0.7% of the company's stock are short sold. Based on an average daily volume of 32,000 shares, the short-interest ratio is currently 2.5 days.
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Third Coast Bancshares, Inc. (NASDAQ:TCBX) Insider William Bobbora Acquires 1,500 Shares
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) insider William Bobbora purchased 1,500 shares of the firm's stock in a transaction on Thursday, May 16th. The shares were acquired at an average cost of $21.32 per share, for a total transaction of $31,980.00. Following the completion of the purchase, the insider now directly owns 2,600 shares of the company's stock, valued at approximately $55,432. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
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Third Coast Bancshares, Inc. (NASDAQ:TCBX) Short Interest Up 26.6% in April
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 52,900 shares, a growth of 26.6% from the March 31st total of 41,800 shares. Approximately 0.5% of the company's shares are sold short. Based on an average daily volume of 32,900 shares, the short-interest ratio is presently 1.6 days.
Q1 2024 Third Coast Bancshares Inc Earnings Call
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Short Interest in Third Coast Bancshares, Inc. (NASDAQ:TCBX) Decreases By 34.2%
Third Coast Bancshares, Inc. (NASDAQ:TCBX - Get Free Report) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 41,800 shares, a decrease of 34.2% from the March 15th total of 63,500 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily volume of 31,200 shares, the short-interest ratio is presently 1.3 days.
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TCBX Media Mentions By Week

TCBX Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

TCBX
News Sentiment

1.90

0.68

Average
Finance
News Sentiment

TCBX News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

TCBX Articles
This Week

2

1

TCBX Articles
Average Week

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This page (NASDAQ:TCBX) was last updated on 11/17/2024 by MarketBeat.com Staff
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