Third Coast Bancshares, Inc. (TCBX) — Financial statements
Income statement, balance sheet, and cash flow for Third Coast Bancshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 367↑8.5% | 338↑23.4% | 274↑71.1% | 160↑55.2% | 103 | |
| Cost of Revenue | 164↓5.3% | 173↑30.0% | 133↑168.3% | 50↑148.6% | 20 | |
| Gross Profit | 203↑23.1% | 165↑17.1% | 141↑27.4% | 110↑32.8% | 83 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 77↑18.5% | 65↑4.7% | 62↑10.1% | 57↑16.2% | 49 | |
| Selling & Marketing Expenses | 2↑25.6% | 2↓35.0% | 3↑37.4% | 2↑1.2% | 2 | |
| SG&A Expenses | 79↑18.7% | 67↑3.1% | 65↑11.0% | 58↑15.6% | 51 | |
| Other Expenses | 38↑5.1% | 37↑6.8% | 34↑18.6% | 29↑58.9% | 18 | |
| Operating Expenses | 118↑13.9% | 103↑4.3% | 99↑13.5% | 87↑27.1% | 69 | |
| Total Costs & Expenses | 282↑1.9% | 277↑19.0% | 232↑69.7% | 137↑54.5% | 89 | |
| Operating Results | ||||||
| Operating Income | 85↑38.5% | 61↑47.4% | 42↑79.6% | 23↑60.0% | 14 | |
| Depreciation & Amortization | 5↑9.4% | 5↑17.1% | 4↑54.4% | 3↑1046.3% | -0.27 | |
| EBITDA | 90↑36.5% | 66↑44.8% | 46↑77.1% | 26↑81.0% | 14 | |
| EBIT | 85↑38.5% | 61↑47.4% | 42↑79.6% | 23↑60.0% | 14 | |
| Interest & Other Income | ||||||
| Net Interest Income | 195↑21.4% | 161↑15.2% | 140↑19.8% | 116↑28.6% | 91 | |
| Interest Income | 354↑7.8% | 328↑23.2% | 267↑73.1% | 154↑53.0% | 101 | |
| Interest Expense | 159↓5.2% | 168↑31.9% | 127↑238.8% | 37↑272.6% | 10 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 83↑34.9% | 61↑47.4% | 42↑79.6% | 23↑60.0% | 14 | |
| Income Tax Expense | 16↑20.3% | 14↑66.6% | 8↑82.1% | 5↑47.4% | 3 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 66↑39.1% | 48↑42.7% | 33↑79.0% | 19↑63.3% | 11 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 66↑39.1% | 48↑42.7% | 33↑79.0% | 19↑63.3% | 11 | |
| Bottom-Line Net Income | 62↑43.4% | 43↑49.7% | 29↑66.3% | 17↑50.9% | 11 | |
| EPS (Basic) | 4.45↑41.7% | 3.14↑48.8% | 2.11↑64.8% | 1.28↓11.7% | 1.45 | |
| EPS (Diluted) | 3.79↑36.3% | 2.78↑40.4% | 1.98↑58.4% | 1.25↓10.7% | 1.40 | |
| Weighted Average Shares | 14↑1.0% | 14↑0.6% | 14↑0.9% | 13↑71.0% | 8 | |
| Weighted Average Diluted Shares | 16↓4.4% | 17↑1.5% | 17↑22.7% | 14↑69.0% | 8 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.