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Third Coast Bancshares, Inc. TCBX Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

CTB
Community Trust BancorpCTBI
$1.71M+65.6%
Shore Bancshares logo
Shore BancsharesSHBI
$33K-93.8%
SBC
Seacoast Banking Corporation of FloridaSBCF
$2.62M+6.0%
City Holding Company logo
City Holding CompanyCHCO
$979K-15.1%
Customers Bancorp logo
Customers BancorpCUBI
$3.08M-33.8%
Red River Bancshares, Inc. logo
Red River Bancshares, Inc.RRBI
$221K+3.8%

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:BankOwnedLifeInsuranceIncome.

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 bank owned life insurance income?
Third Coast Bancshares, Inc. (TCBX) reported bank owned life insurance income of $750K in Q1 2026.
How has Third Coast Bancshares, Inc.'s bank owned life insurance income changed year-over-year?
Third Coast Bancshares, Inc.'s bank owned life insurance income increased by 10.8% year-over-year, from $677K to $750K.
What is the long-term trend for Third Coast Bancshares, Inc.'s bank owned life insurance income?
Over 4 years (2021 to 2025), Third Coast Bancshares, Inc.'s bank owned life insurance income has grown at a 51.9% compound annual growth rate (CAGR), from $567K to $3.02M.
What does bank owned life insurance income mean?
This metric reflects the income or increase in cash surrender value associated with bank-owned life insurance (BOLI) policies. BOLI is often used by financial institutions to offset the costs of employee benefit plans. It represents a stable, tax-advantaged source of non-interest income.