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 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 commercia… Read more
Third Coast Bancshares, Inc. (TCBX) - Total Assets
Latest total assets as of September 2025: $5.06 Billion USD
Based on the latest financial reports, Third Coast Bancshares, Inc. (TCBX) holds total assets worth $5.06 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Third Coast Bancshares, Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Third Coast Bancshares, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Third Coast Bancshares, Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Third Coast Bancshares, Inc.'s total assets of $5.06 Billion consist of 15.8% current assets and 84.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.5% |
| Accounts Receivable | $25.82 Million | 0.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $18.84 Million | 0.4% |
| Goodwill | $18.84 Million | 0.4% |
Asset Composition Trend (2019–2024)
This chart illustrates how Third Coast Bancshares, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Third Coast Bancshares, Inc.'s current assets represent 15.8% of total assets in 2024, an increase from 10.7% in 2019.
- Cash Position: Cash and equivalents constituted 7.5% of total assets in 2024, down from 10.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 0.5% of total assets.
Third Coast Bancshares, Inc. Competitors by Total Assets
Key competitors of Third Coast Bancshares, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Third Coast Bancshares, Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Third Coast Bancshares, Inc. generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Third Coast Bancshares, Inc. generates $ 0.96 in net profit.
Third Coast Bancshares, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 27.90 | 0.14 | 0.15 |
| Quick Ratio | 27.90 | 0.29 | 0.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $503.90 Million | $ -3.46 Billion | $ -1.39 Billion |
Third Coast Bancshares, Inc. - Advanced Valuation Insights
This section examines the relationship between Third Coast Bancshares, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.01 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 12.4% |
| Total Assets | $4.94 Billion |
| Market Capitalization | $490.13 Million USD |
Valuation Analysis
Below Book Valuation: The market values Third Coast Bancshares, Inc.'s assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Third Coast Bancshares, Inc.'s assets grew by 12.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Third Coast Bancshares, Inc. (2019–2024)
The table below shows the annual total assets of Third Coast Bancshares, Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.94 Billion | +12.43% |
| 2023-12-31 | $4.40 Billion | +16.51% |
| 2022-12-31 | $3.77 Billion | +50.96% |
| 2021-12-31 | $2.50 Billion | +33.85% |
| 2020-12-31 | $1.87 Billion | +101.14% |
| 2019-12-31 | $928.34 Million | -- |