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Third Coast Bancshares, Inc. TCBX Purchased Credit Deteriorated Loans

Purchased Credit Deteriorated Loans at other companies

CTB
Community Trust BancorpCTBI
City Holding Company logo
City Holding CompanyCHCO
Southern First Bancshares logo
Southern First BancsharesSFST
Eagle Bancorp logo
Eagle BancorpEGBN

Other financials

Income statement

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Revenue$57.7M+25.6%
Net income$16.4M+20.5%
EPS (diluted)$0.88+12.8%

Balance sheet

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Cash & equivalents$425.2M+94.2%
Total debt$18.7M-8.6%
Total assets$6.6B+34.4%

Cash flow

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Operating cash flow-$38.7M-469%
CapEx$14.1M+2,783%
Free cash flow-$52.8M-629%

Valuation

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Market cap$669.49M+57.7%
Enterprise value$262.99M+16.4%
P/E9.7×+1.4×
P/S+0.6×

Profitability

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Net margin31.3%+2.5pp
FCF margin-6.6%

Where this comes from

Reported directly by Third Coast Bancshares, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NotesReceivableNet.

The official record: Third Coast Bancshares, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Third Coast Bancshares, Inc.'s purchased credit deteriorated loans?
Third Coast Bancshares, Inc. (TCBX) reported purchased credit deteriorated loans of $5.2B in Q1 2026.
How has Third Coast Bancshares, Inc.'s purchased credit deteriorated loans changed year-over-year?
Third Coast Bancshares, Inc.'s purchased credit deteriorated loans increased by 31.7% year-over-year, from $3.95B to $5.2B.
What is the long-term trend for Third Coast Bancshares, Inc.'s purchased credit deteriorated loans?
Over 2 years (2023 to 2025), Third Coast Bancshares, Inc.'s purchased credit deteriorated loans has grown at a 9.9% compound annual growth rate (CAGR), from $3.6B to $4.35B.