Third Coast Bancshares, Inc. (TCBX) - Net Assets
Based on the latest financial reports, Third Coast Bancshares, Inc. (TCBX) has net assets worth $650.53 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.58 Billion) and total liabilities ($5.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Third Coast Bancshares, Inc. balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $650.53 Million |
| % of Total Assets | 9.88% |
| Annual Growth Rate | 44.92% |
| 5-Year Change | 77.6% |
| 10-Year Change | N/A |
| Growth Volatility | 54.63 |
Third Coast Bancshares, Inc. - Net Assets Trend (2019–2025)
This chart illustrates how Third Coast Bancshares, Inc.'s net assets have evolved over time, based on quarterly financial data. Check how tangible is Third Coast Bancshares, Inc.'s equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Third Coast Bancshares, Inc. (2019–2025)
The table below shows the annual net assets of Third Coast Bancshares, Inc. from 2019 to 2025. For live valuation and market cap data, see Third Coast Bancshares, Inc. (TCBX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $531.03 Million | +15.26% |
| 2024-12-31 | $460.72 Million | +11.83% |
| 2023-12-31 | $411.97 Million | +7.91% |
| 2022-12-31 | $381.78 Million | +27.68% |
| 2021-12-31 | $299.01 Million | +145.66% |
| 2020-12-31 | $121.72 Million | +112.41% |
| 2019-12-31 | $57.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Third Coast Bancshares, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1367.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $183.24 Million | 34.51% |
| Common Stock | $13.97 Million | 2.63% |
| Other Comprehensive Income | $10.92 Million | 2.06% |
| Other Components | $322.90 Million | 60.81% |
| Total Equity | $531.03 Million | 100.00% |
Third Coast Bancshares, Inc. Competitors by Market Cap
The table below lists competitors of Third Coast Bancshares, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ramaco Resources Inc
NASDAQ:METC
|
$638.66 Million |
|
Fedbank Financial Services Limited
NSE:FEDFINA
|
$638.76 Million |
|
Alltop Technology Co Ltd
TWO:3526
|
$638.84 Million |
|
Zhonghong Pulin Medical Products Co. Ltd.
SHE:300981
|
$638.86 Million |
|
Neogen Chemicals Limited
NSE:NEOGEN
|
$638.23 Million |
|
Vestum AB (publ)
ST:VESTUM
|
$638.19 Million |
|
Assystem S.A.
PA:ASY
|
$638.11 Million |
|
Shenzhen Expressway Company Limited
F:SHZH
|
$637.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Third Coast Bancshares, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 460,719,000 to 531,027,000, a change of 70,308,000 (15.3%).
- Net income of 66,291,000 contributed positively to equity growth.
- Dividend payments of 4,750,000 reduced retained earnings.
- Other comprehensive income increased equity by 6,412,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $66.29 Million | +12.48% |
| Dividends Paid | $4.75 Million | -0.89% |
| Other Comprehensive Income | $6.41 Million | +1.21% |
| Other Changes | $2.35 Million | +0.44% |
| Total Change | $- | 15.26% |
Book Value vs Market Value Analysis
This analysis compares Third Coast Bancshares, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.98x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $8.05 | $40.07 | x |
| 2020-12-31 | $19.19 | $40.07 | x |
| 2021-12-31 | $36.74 | $40.07 | x |
| 2022-12-31 | $27.76 | $40.07 | x |
| 2023-12-31 | $24.41 | $40.07 | x |
| 2024-12-31 | $26.89 | $40.07 | x |
| 2025-12-31 | $32.43 | $40.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Third Coast Bancshares, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.07%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 10.06x
- Recent ROE (12.48%) is above the historical average (7.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 4.16% | 4.74% | 0.05x | 16.20x | $-3.35 Million |
| 2020 | 9.95% | 14.50% | 0.04x | 15.34x | $-56.80K |
| 2021 | 3.82% | 11.07% | 0.04x | 8.36x | $-18.48 Million |
| 2022 | 4.89% | 11.65% | 0.04x | 9.88x | $-19.52 Million |
| 2023 | 8.11% | 12.53% | 0.06x | 10.67x | $-7.80 Million |
| 2024 | 10.35% | 14.10% | 0.07x | 10.73x | $1.60 Million |
| 2025 | 12.48% | 18.07% | 0.07x | 10.06x | $13.19 Million |
Industry Comparison
This section compares Third Coast Bancshares, Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $693,792,900
- Average return on equity (ROE) among peers: 9.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Third Coast Bancshares, Inc. (TCBX) | $650.53 Million | 4.16% | 9.12x | $638.46 Million |
| Ameris Bancorp (ABCB) | $138.65 Million | 6.95% | 7.49x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $30.50 Million | 10.16% | 8.60x | $5.85 Billion |
| ACNB Corporation (ACNB) | $2.50 Billion | 0.74% | 0.02x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $137.20 Million |
| Alerus Financial Corp (ALRS) | $171.09 Million | 12.14% | 7.70x | $775.72 Million |
| Amalgamated Bank (AMAL) | $585.36 Million | 15.03% | 12.62x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $844.92 Million | 6.08% | 8.45x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $192.15 Million | 11.34% | 10.26x | $670.25 Million |
| Associated Banc-Corp (ASB) | $2.25 Billion | 14.10% | 8.29x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $150.50 Million | 10.50% | 11.53x | $62.43 Million |
About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc. operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in Texas, the United States. The company's deposit products include checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. Its loan portfolio consists of co… Read more