Third Coast Bancshares (TCBX) Stock Forecast, Price Target & Predictions
TCBX Stock Forecast
Third Coast Bancshares stock forecast is as follows: an average price target of $26.00 (represents a -26.28% downside from TCBX’s last price of $35.27) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
TCBX Price Target
The average price target for Third Coast Bancshares (TCBX) is $26.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $26.00 to $26.00. This represents a potential -26.28% downside from TCBX's last price of $35.27.
TCBX Analyst Ratings
According to 3 Wall Street analysts, Third Coast Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for TCBX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Third Coast Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 29, 2024 | Bernard von-Gizycki | Deutsche Bank | - | - | 5.14% | -26.28% |
The latest Third Coast Bancshares stock forecast, released on Jul 29, 2024 by Bernard von-Gizycki from Deutsche Bank, set a price target of $26.00, which represents a 5.14% increase from the stock price at the time of the forecast ($24.73), and a -26.28% decrease from TCBX last price ($35.27).
Third Coast Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $26.00 |
| Last Closing Price | $35.27 | $35.27 | $35.27 |
| Upside/Downside | -100.00% | -100.00% | -26.28% |
In the current month, the average price target of Third Coast Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Third Coast Bancshares's last price of $35.27. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 29, 2024 | Keefe, Bruyette & Woods | Outperform | Outperform | Hold |
| Jul 29, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Jul 28, 2023 | Raymond James | Outperform | Upgrade |
Third Coast Bancshares's last stock rating was published by Keefe, Bruyette & Woods on Jul 29, 2024. The company gave TCBX a "Outperform" rating, the same as its previous rate.
Third Coast Bancshares Financial Forecast
Third Coast Bancshares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $77.07M | $69.39M | - | $34.77M | $33.76M | $33.61M | $28.37M | $26.60M | $26.40M |
| Avg Forecast | $99.04M | $90.20M | $82.14M | $74.81M | $47.12M | $46.29M | $44.96M | $43.73M | $43.79M | $41.67M | $41.13M | $39.30M | $38.13M | $37.15M | $35.72M | $34.05M | $34.21M | $31.45M | $30.38M | $27.57M | $25.78M |
| High Forecast | $100.10M | $91.16M | $83.02M | $75.61M | $47.63M | $46.79M | $45.44M | $44.20M | $44.48M | $41.70M | $41.58M | $39.30M | $38.50M | $37.26M | $36.10M | $34.41M | $34.57M | $31.45M | $30.38M | $27.57M | $25.78M |
| Low Forecast | $97.98M | $89.23M | $81.26M | $74.00M | $46.62M | $45.79M | $44.47M | $43.26M | $43.10M | $41.63M | $40.69M | $39.30M | $37.60M | $37.00M | $35.34M | $33.68M | $33.84M | $31.45M | $30.38M | $27.57M | $25.78M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.02% | 1.87% | - | 1.02% | 0.99% | 1.07% | 0.93% | 0.96% | 1.02% |
Third Coast Bancshares's average Quarter revenue forecast for Mar 24 based on 1 analysts is $39.30M, with a low forecast of $39.30M, and a high forecast of $39.30M. TCBX's average Quarter revenue forecast represents a -49.00% decrease compared to the company's last Quarter revenue of $77.07M (Dec 23).
Third Coast Bancshares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $11.97M | $7.01M | - | $36.04M | $40.36M | $19.43M | $7.73M | $4.28M | $18.45M |
| Avg Forecast | $7.32M | $6.66M | $6.07M | $5.52M | $3.48M | $3.42M | $3.32M | $3.23M | $3.23M | $3.08M | $3.04M | $2.90M | $2.82M | $2.74M | $2.64M | $2.51M | $2.53M | $6.27M | $6.05M | $5.49M | $5.13M |
| High Forecast | $7.39M | $6.73M | $6.13M | $5.58M | $3.52M | $3.46M | $3.36M | $3.26M | $3.29M | $3.08M | $3.07M | $2.90M | $2.84M | $2.75M | $2.67M | $2.54M | $2.55M | $6.27M | $6.05M | $5.49M | $5.13M |
| Low Forecast | $7.24M | $6.59M | $6.00M | $5.47M | $3.44M | $3.38M | $3.28M | $3.20M | $3.18M | $3.07M | $3.01M | $2.90M | $2.78M | $2.73M | $2.61M | $2.49M | $2.50M | $6.27M | $6.05M | $5.49M | $5.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 4.25% | 2.55% | - | 14.33% | 15.97% | 3.10% | 1.28% | 0.78% | 3.59% |
1 analysts predict TCBX's average Quarter EBITDA for Mar 24 to be $2.90M, with a high of $2.90M and a low of $2.90M. This is -75.76% lower than Third Coast Bancshares's previous annual EBITDA (Dec 23) of $11.97M.
Third Coast Bancshares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $9.69M | $5.58M | - | $9.24M | $7.53M | $6.77M | $2.28M | $2.09M | $354.25K |
| Avg Forecast | $13.75M | $13.40M | $12.89M | $12.20M | $12.85M | $12.50M | $11.81M | $11.30M | $11.62M | $9.50M | $9.66M | $8.75M | $8.15M | $8.41M | $8.63M | $7.17M | $7.30M | $5.67M | $5.14M | $28.18M | $605.76K |
| High Forecast | $13.94M | $13.59M | $13.07M | $12.37M | $13.02M | $12.68M | $11.98M | $11.46M | $11.79M | $9.54M | $9.66M | $8.75M | $8.50M | $8.58M | $8.75M | $7.27M | $7.40M | $5.67M | $5.14M | $33.81M | $726.91K |
| Low Forecast | $13.56M | $13.22M | $12.71M | $12.03M | $12.67M | $12.33M | $11.65M | $11.14M | $11.46M | $9.47M | $9.66M | $8.75M | $7.46M | $8.07M | $8.50M | $7.07M | $7.19M | $5.67M | $5.14M | $22.54M | $484.61K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 0.66% | - | 1.29% | 1.03% | 1.19% | 0.44% | 0.07% | 0.58% |
Third Coast Bancshares's average Quarter net income forecast for Mar 24 is $8.75M, with a range of $8.75M to $8.75M. TCBX's average Quarter net income forecast represents a -9.70% decrease compared to the company's last Quarter net income of $9.69M (Dec 23).
Third Coast Bancshares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $614.00K | $515.00K | - | $14.40M | $15.05M | $15.16M | $14.46M | $13.75M | $16.34M |
| Avg Forecast | $49.61M | $45.18M | $41.14M | $37.47M | $23.60M | $23.19M | $22.52M | $21.91M | $21.94M | $20.87M | $20.60M | $19.68M | $19.10M | $18.61M | $17.89M | $17.05M | $17.13M | $12.93M | $12.49M | $477.24K | $10.60M |
| High Forecast | $50.14M | $45.66M | $41.58M | $37.87M | $23.86M | $23.43M | $22.76M | $22.14M | $22.28M | $20.89M | $20.82M | $19.68M | $19.28M | $18.66M | $18.08M | $17.24M | $17.32M | $12.93M | $12.49M | $572.68K | $10.60M |
| Low Forecast | $49.08M | $44.69M | $40.70M | $37.07M | $23.35M | $22.94M | $22.27M | $21.67M | $21.59M | $20.85M | $20.38M | $19.68M | $18.83M | $18.53M | $17.70M | $16.87M | $16.95M | $12.93M | $12.49M | $381.79K | $10.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.03% | 0.03% | - | 0.84% | 0.88% | 1.17% | 1.16% | 28.81% | 1.54% |
Third Coast Bancshares's average Quarter SG&A projection for Mar 24 is $19.68M, based on 1 Wall Street analysts, with a range of $19.68M to $19.68M. The forecast indicates a 3106.00% rise compared to TCBX last annual SG&A of $614.00K (Dec 23).
Third Coast Bancshares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.57 | $0.41 | - | $0.60 | $0.93 | $0.50 | $0.17 | $0.16 | $0.03 |
| Avg Forecast | $0.80 | $0.78 | $0.75 | $0.71 | $0.75 | $0.73 | $0.69 | $0.66 | $0.68 | $0.55 | $0.56 | $0.51 | $0.47 | $0.49 | $0.50 | $0.42 | $0.42 | $0.33 | $0.30 | $0.17 | $0.29 |
| High Forecast | $0.81 | $0.79 | $0.76 | $0.72 | $0.76 | $0.74 | $0.70 | $0.67 | $0.69 | $0.55 | $0.56 | $0.51 | $0.49 | $0.50 | $0.51 | $0.42 | $0.43 | $0.33 | $0.30 | $0.17 | $0.29 |
| Low Forecast | $0.79 | $0.77 | $0.74 | $0.70 | $0.74 | $0.72 | $0.68 | $0.65 | $0.67 | $0.55 | $0.56 | $0.51 | $0.43 | $0.47 | $0.49 | $0.41 | $0.42 | $0.33 | $0.30 | $0.17 | $0.29 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 0.84% | - | 1.44% | 2.19% | 1.50% | 0.56% | 0.95% | 0.10% |
According to 1 Wall Street analysts, Third Coast Bancshares's projected average Quarter EPS for Mar 24 is $0.51, with a low estimate of $0.51 and a high estimate of $0.51. This represents a -10.68% decrease compared to TCBX previous annual EPS of $0.57 (Dec 23).