Third Coast Bancshares (TCBX) Projected to Release Quarterly Earnings on Wednesday

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

Third Coast Bancshares Price Performance

Shares of Third Coast Bancshares stock opened at $40.22 on Wednesday. The firm has a market cap of $667.35 million, a price-to-earnings ratio of 12.30 and a beta of 0.33. Third Coast Bancshares has a one year low of $33.95 and a one year high of $43.84. The stock’s 50-day moving average is $38.98 and its 200-day moving average is $39.32.

Third Coast Bancshares declared that its board has authorized a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $30.00 million in shares. This repurchase authorization authorizes the company to purchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Adage Capital Partners GP L.L.C. grew its position in Third Coast Bancshares by 28.2% during the second quarter. Adage Capital Partners GP L.L.C. now owns 511,940 shares of the company’s stock valued at $16,725,000 after buying an additional 112,605 shares during the period. Millennium Management LLC increased its holdings in Third Coast Bancshares by 88.2% during the first quarter. Millennium Management LLC now owns 177,521 shares of the company’s stock worth $5,924,000 after buying an additional 83,209 shares during the last quarter. Invesco Ltd. raised its position in Third Coast Bancshares by 397.9% in the fourth quarter. Invesco Ltd. now owns 90,739 shares of the company’s stock worth $3,449,000 after acquiring an additional 72,513 shares during the period. Wellington Management Group LLP raised its position in Third Coast Bancshares by 44.9% in the fourth quarter. Wellington Management Group LLP now owns 193,326 shares of the company’s stock worth $7,348,000 after acquiring an additional 59,924 shares during the period. Finally, Lighthouse Investment Partners LLC purchased a new position in Third Coast Bancshares in the third quarter valued at about $1,889,000. Hedge funds and other institutional investors own 36.88% of the company’s stock.

Analysts Set New Price Targets

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

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.