When did Third Coast Bancshares, Inc. report Q1 2024 earnings?

Third Coast Bancshares, Inc. (TCBX) reported Q1 2024 earnings on April 24, 2024 after market close.

What were Third Coast Bancshares, Inc.'s Q1 2024 revenue and EPS?

Third Coast Bancshares, Inc. reported revenue of $40.4M and eps of $0.61 for Q1 2024.

Did Third Coast Bancshares, Inc. beat estimates in Q1 2024?

Revenue beat the consensus estimate of $39.3M by $1.1M. EPS beat the consensus estimate of $0.49 by $0.12.

Where can I find Third Coast Bancshares, Inc.'s Q1 2024 SEC filings?

You can read the 10-Q periodic report (0000950170-24-054517) directly on SEC EDGAR. The filing index links above go to sec.gov.

Third Coast Bancshares, Inc. TCBX Q1 2024 earnings

Reported April 24, 2024 · After market close

Revenue$40.4MBeat by $1.1M

EPS$0.61Beat by $0.12

Revenue estimate$39.3M

EPS estimate$0.49

Next report

Oct 28, 2026 (in 3 months)

Revenue estimate$66.4M

EPS estimate$0.97

Financials

Q1 2024

Income statement

See full

Revenue$40.4M+16.4%

Net income$10.4M+12.2%

EPS (diluted)$0.61+10.9%

Balance sheet

See full

Cash & equivalents$367.8M+19.0%

Total debt$21.6M+9.1%

Total assets$4.7B+20.7%

Cash flow

See full

Operating cash flow$9.4M+18.1%

CapEx-$753.0K-206%

Free cash flow$8.7M+19.3%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$272.4M+27.6%

Enterprise value-$73.79M+2.7%

P/E7.9×-0.4×

P/S1.8×+0.2×

Profitability

See full

Net margin22.5%+2.9pp

FCF margin24.1%+10.2pp

Versus estimates

Revenue

Q2 2026$68.0MBeat by $5.2M Q1 2026$57.7MMiss by $318.7K Q4 2025$56.5MBeat by $3.4M Q3 2025$54.5MBeat by $2.8M Q2 2025$51.6MBeat by $3.4M Q1 2025$45.9MMiss by $1.5M

Diluted EPS

Q2 2026$1.08Beat by $0.18 Q1 2026$0.88Beat by $0.04 Q4 2025$1.02Beat by $0.12 Q3 2025$1.03Beat by $0.23 Q2 2025$0.96Beat by $0.21 Q1 2025$0.78Beat by $0.08

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Questions, answered.

When did Third Coast Bancshares, Inc. report Q1 2024 earnings?: Third Coast Bancshares, Inc. (TCBX) reported Q1 2024 earnings on April 24, 2024 after market close.
What were Third Coast Bancshares, Inc.'s Q1 2024 revenue and EPS?: Third Coast Bancshares, Inc. reported revenue of $40.4M and eps of $0.61 for Q1 2024.
Did Third Coast Bancshares, Inc. beat estimates in Q1 2024?: Revenue beat the consensus estimate of $39.3M by $1.1M. EPS beat the consensus estimate of $0.49 by $0.12.
Where can I find Third Coast Bancshares, Inc.'s Q1 2024 SEC filings?: You can read the 10-Q periodic report (0000950170-24-054517) directly on SEC EDGAR. The filing index links above go to sec.gov.