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 0.04% upside from TCBX’s last price of $25.99) 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 0.04% upside from TCBX's last price of $25.99.
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 | $26.00 | $24.73 | 5.14% | 0.04% |
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 0.04% increase from TCBX last price ($25.99).
Third Coast Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $26.00 | $26.00 |
| Last Closing Price | $25.99 | $25.99 | $25.99 |
| Upside/Downside | -100.00% | 0.04% | 0.04% |
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 $25.99. This month's average price target is down -100.00% 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 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 | $45.76M | $44.77M | $43.42M | $42.16M | $42.20M | $41.60M | $41.13M | $39.30M | $38.13M | $37.15M | $35.72M | $34.05M | $34.21M | $31.45M | $30.38M | $27.57M | $25.78M |
| High Forecast | $46.08M | $45.08M | $43.73M | $42.45M | $42.50M | $41.71M | $41.42M | $39.57M | $38.50M | $37.26M | $35.97M | $34.29M | $34.45M | $31.67M | $30.53M | $27.70M | $25.90M |
| Low Forecast | $45.32M | $44.34M | $43.01M | $41.75M | $41.80M | $41.48M | $40.74M | $38.92M | $37.60M | $37.00M | $35.38M | $33.72M | $33.88M | $31.15M | $30.19M | $27.40M | $25.62M |
| # Analysts | - | - | - | - | 1 | 2 | 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 $38.92M, and a high forecast of $39.57M. 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 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 | 2 | 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 | $9.12M | $8.92M | $8.65M | $8.40M | $8.41M | $8.29M | $8.19M | $7.83M | $7.60M | $7.40M | $7.12M | $6.78M | $6.81M | $6.27M | $6.05M | $5.49M | $5.13M |
| High Forecast | $9.18M | $8.98M | $8.71M | $8.46M | $8.47M | $8.31M | $8.25M | $7.88M | $7.67M | $7.42M | $7.16M | $6.83M | $6.86M | $6.31M | $6.08M | $5.52M | $5.16M |
| Low Forecast | $9.03M | $8.83M | $8.57M | $8.32M | $8.33M | $8.26M | $8.12M | $7.75M | $7.49M | $7.37M | $7.05M | $6.72M | $6.75M | $6.21M | $6.01M | $5.46M | $5.10M |
| Surprise % | - | - | - | - | - | - | - | - | 1.58% | 0.95% | - | 5.31% | 5.92% | 3.10% | 1.28% | 0.78% | 3.59% |
1 analysts predict TCBX's average Quarter EBITDA for Mar 24 to be $7.83M, with a high of $7.88M and a low of $7.75M. This is -34.62% lower than Third Coast Bancshares's previous annual EBITDA (Dec 23) of $11.97M.
Third Coast Bancshares Net Income Forecast
| 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 | 2 | 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 | $11.15M | $10.47M | $10.00M | $9.36M | $9.44M | $9.34M | $9.56M | $8.66M | $8.07M | $8.33M | $8.54M | $7.10M | $7.23M | $5.67M | $5.14M | $28.18M | $605.76K |
| High Forecast | $11.25M | $10.56M | $10.09M | $9.45M | $9.52M | $9.52M | $9.65M | $8.74M | $8.41M | $8.50M | $8.62M | $7.16M | $7.29M | $5.72M | $5.17M | $33.81M | $726.91K |
| Low Forecast | $11.01M | $10.34M | $9.87M | $9.24M | $9.32M | $9.17M | $9.44M | $8.56M | $7.38M | $7.99M | $8.43M | $7.01M | $7.14M | $5.60M | $5.09M | $22.54M | $484.61K |
| Surprise % | - | - | - | - | - | - | - | - | 1.20% | 0.67% | - | 1.30% | 1.04% | 1.19% | 0.44% | 0.07% | 0.58% |
Third Coast Bancshares's average Quarter net income forecast for Mar 24 is $8.66M, with a range of $8.56M to $8.74M. TCBX's average Quarter net income forecast represents a -10.58% decrease compared to the company's last Quarter net income of $9.69M (Dec 23).
Third Coast Bancshares SG&A Forecast
| 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 | 2 | 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 | $18.82M | $18.40M | $17.85M | $17.33M | $17.35M | $17.10M | $16.91M | $16.16M | $15.68M | $15.28M | $14.69M | $14.00M | $14.06M | $12.93M | $12.49M | $477.24K | $10.60M |
| High Forecast | $18.95M | $18.53M | $17.98M | $17.45M | $17.47M | $17.15M | $17.03M | $16.27M | $15.83M | $15.32M | $14.79M | $14.10M | $14.16M | $13.02M | $12.55M | $572.68K | $10.65M |
| Low Forecast | $18.63M | $18.23M | $17.68M | $17.17M | $17.18M | $17.05M | $16.75M | $16.00M | $15.46M | $15.21M | $14.54M | $13.86M | $13.93M | $12.81M | $12.41M | $381.79K | $10.53M |
| Surprise % | - | - | - | - | - | - | - | - | 0.04% | 0.03% | - | 1.03% | 1.07% | 1.17% | 1.16% | 28.81% | 1.54% |
Third Coast Bancshares's average Quarter SG&A projection for Mar 24 is $16.16M, based on 1 Wall Street analysts, with a range of $16.00M to $16.27M. The forecast indicates a 2531.60% rise compared to TCBX last annual SG&A of $614.00K (Dec 23).
Third Coast Bancshares EPS Forecast
| 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 | 2 | 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 | $0.66 | $0.61 | $0.59 | $0.55 | $0.55 | $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 | $0.66 | $0.62 | $0.59 | $0.55 | $0.56 | $0.56 | $0.57 | $0.51 | $0.49 | $0.50 | $0.51 | $0.42 | $0.43 | $0.34 | $0.30 | $0.17 | $0.30 |
| Low Forecast | $0.65 | $0.61 | $0.58 | $0.54 | $0.55 | $0.54 | $0.55 | $0.50 | $0.43 | $0.47 | $0.50 | $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 $0.50 and a high estimate of $0.51. This represents a -10.68% decrease compared to TCBX previous annual EPS of $0.57 (Dec 23).
TCBX Forecast FAQ
Is Third Coast Bancshares a good buy?
Yes, according to 3 Wall Street analysts, Third Coast Bancshares (TCBX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 66.67% of TCBX's total ratings.
What is TCBX's price target?
Third Coast Bancshares (TCBX) average price target is $26 with a range of $26 to $26, implying a 0.04% from its last price of $25.99. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Third Coast Bancshares stock go up soon?
According to Wall Street analysts' prediction for TCBX stock, the company can go up by 0.04% (from the last price of $25.99 to the average price target of $26), up by 0.04% based on the highest stock price target, and up by 0.04% based on the lowest stock price target.
Can Third Coast Bancshares stock reach $40?
TCBX's average twelve months analyst stock price target of $26 does not support the claim that Third Coast Bancshares can reach $40 in the near future.
What are Third Coast Bancshares's analysts' financial forecasts?
Third Coast Bancshares's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $164.24M (high $165.2M, low $162.94M), average EBITDA is $32.72M (high $32.91M, low $32.46M), average net income is $37.01M (high $37.43M, low $36.48M), average SG&A $67.52M (high $67.92M, low $66.99M), and average EPS is $2.17 (high $2.2, low $2.14). TCBX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $176.11M (high $177.34M, low $174.42M), average EBITDA is $35.08M (high $35.33M, low $34.74M), average net income is $40.97M (high $41.34M, low $40.46M), average SG&A $72.41M (high $72.91M, low $71.71M), and average EPS is $2.41 (high $2.43, low $2.38).
Did the TCBX's actual financial results beat the analysts' financial forecasts?
Based on Third Coast Bancshares's last annual report (Dec 2023), the company's revenue was $266.54M, beating the average analysts forecast of $145.06M by 83.75%. Apple's EBITDA was $41.61M, beating the average prediction of $28.89M by 44.01%. The company's net income was $33.4M, beating the average estimation of $32.04M by 4.24%. Apple's SG&A was $2.63M, missing the average forecast of $59.64M by -95.60%. Lastly, the company's EPS was $1.98, beating the average prediction of $1.88 by 5.17%. In terms of the last quarterly report (Dec 2023), Third Coast Bancshares's revenue was $77.07M, beating the average analysts' forecast of $38.13M by 102.09%. The company's EBITDA was $11.97M, beating the average prediction of $7.6M by 57.63%. Third Coast Bancshares's net income was $9.69M, beating the average estimation of $8.07M by 20.04%. The company's SG&A was $614K, missing the average forecast of $15.68M by -96.08%. Lastly, the company's EPS was $0.57, beating the average prediction of $0.474 by 20.18%