Comparing Third Coast Bancshares (TCBX) and Its Rivals

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

Institutional & Insider Ownership

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

Analyst Recommendations

This is a summary of recent ratings and price targets for Third Coast Bancshares and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Third Coast Bancshares	0	1	2	0	2.67
Third Coast Bancshares Competitors	44	301	265	3	2.37

Third Coast Bancshares currently has a consensus target price of $28.25, indicating a potential upside of 48.68%. As a group, “Savings institutions, except federal” companies have a potential upside of 10.16%. Given Third Coast Bancshares’ stronger consensus rating and higher possible upside, analysts clearly believe Third Coast Bancshares is more favorable than its competitors.

Profitability

This table compares Third Coast Bancshares and its competitors’ 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	18.28%	7.39%	0.78%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Third Coast Bancshares	$105.49 million	$11.42 million	30.65
Third Coast Bancshares Competitors	$139.73 million	$38.98 million	1.14

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

Summary

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

Third Coast Bancshares Company Profile

(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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