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Third Coast Bancshares, Inc. TCBX Software Purchases And Maintenance

Software Purchases And Maintenance at other companies

Independent Bank Corp logo
Independent Bank CorpINDB
$7.07M+40.6%
Civista Bancshares logo
Civista BancsharesCIVB
$1.48M+15.5%
Greene County Bancorp logo
Greene County BancorpGCBC
$543K+27.2%
First Business Financial Services logo
First Business Financial ServicesFBIZ
$1.92M+19.8%
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$455K+5.3%
Coastal Financial logo
Coastal FinancialCCB
$7.64M+80.6%

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 tcbx:SoftwarePurchasesAndMaintenance.

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 software purchases and maintenance?
Third Coast Bancshares, Inc. (TCBX) reported software purchases and maintenance of $1.42M in Q1 2026.
How has Third Coast Bancshares, Inc.'s software purchases and maintenance changed year-over-year?
Third Coast Bancshares, Inc.'s software purchases and maintenance increased by 12.7% year-over-year, from $1.26M to $1.42M.
What is the long-term trend for Third Coast Bancshares, Inc.'s software purchases and maintenance?
Over 4 years (2021 to 2025), Third Coast Bancshares, Inc.'s software purchases and maintenance has grown at a 52.2% compound annual growth rate (CAGR), from $852K to $4.57M.
What does software purchases and maintenance mean?
This metric measures the recurring expenditures related to software licensing, cloud subscriptions, and system maintenance. It highlights the bank's commitment to digital transformation and the ongoing support required for its customer-facing and internal banking platforms.