Third Coast Bancshares financials
$42.60−1.34%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $367.7M | $339.0M | $274.7M | $161.2M | $105.5M |
| Gross profit | $208.9M | $171.4M | $147.7M | $123.7M | $95.4M |
| Gross margin | 56.8% | 50.6% | 53.8% | 76.7% | 90.5% |
| Operating income | $82.7M | $61.4M | $41.6M | $23.2M | $14.5M |
| Net income | $61.5M | $42.9M | $28.7M | $17.2M | $11.4M |
| Net margin | 16.7% | 12.7% | 10.4% | 10.7% | 10.8% |
| Diluted EPS | $3.79 | $2.78 | $1.98 | $1.25 | $1.40 |
| EBITDA | $82.7M | $61.4M | $41.6M | $23.2M | $14.5M |
| Operating cash flow | $50.8M | $35.1M | $39.1M | $21.8M | $4.6M |
| Free cash flow | $48.2M | $33.4M | $35.6M | $10.9M | -$1.0M |
| Diluted shares | 17.5M | 17.1M | 16.9M | 13.8M | 8.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $175.2M | $371.2M | $296.9M | $329.9M |
| Short-term investments | $600.5M | $456.9M | $317.9M | $187.4M |
| Total debt | $118.8M | $80.8M | $80.6M | $80.3M |
| Total assets | $5.34B | $4.94B | $4.40B | $3.77B |
| Total liabilities | $4.81B | $4.48B | $3.98B | $3.39B |
| Shareholders' equity | $531.0M | $460.7M | $412.0M | $381.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology