
TCBX Stock Forecast & Price Target
TCBX Analyst Ratings
Bulls say
Third Coast Bancshares has demonstrated robust financial growth, with loans and deposits increasing by 8% and 31% respectively on a last quarter annualized (LQA) basis, reflecting strong demand for its commercial banking services. The bank's tangible book value (TBV) saw a significant year-over-year increase of 13.6%, complemented by improved return on assets (ROA) and return on equity (ROE), which have risen to over 1.1% and 13%, respectively. Additionally, the company's financial performance is underscored by an impressive earnings per share (EPS) compound annual growth rate (CAGR) of 46% since 2022, indicating a solid trajectory for continued profitability and shareholder value.
Bears say
Third Coast Bancshares is facing significant challenges due to its geographic concentration in Texas, which increases its vulnerability to economic downturns and local economic changes, making it less resilient compared to more diversified peers. The bank's asset quality is at risk, particularly in a potential recessionary environment that could lead to higher nonperforming assets and increased charge-offs, adversely affecting future earnings. Additionally, heightened competition for loans and difficulty in retaining qualified personnel may hinder the bank's ability to generate sufficient new loans and deposits, imperiling its expansion strategy and overall financial stability.
This aggregate rating is based on analysts' research of Third Coast Bancshares and is not a guaranteed prediction by Public.com or investment advice.
TCBX Analyst Forecast & Price Prediction
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