Third Coast Bancshares Inc. Common Stock (TCBX)

FairStock Score: 74/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I begin with the balance sheet and the return on equity, not with the story. Third Coast Bancshares is a Texas commercial bank serving small and medium-sized businesses and professionals. At the 2026-10-13 close of $41.78, FairStock calculates a P/E of 10.39 and a P/B of 1.04, with an ROE of 12.74%. That is a modest price for a bank earning reasonable returns, though not a giveaway. The filed record is encouraging: net income rose from $33.4 million in FY2023 to $47.7 million in FY2024 to $66.3 million in FY2025, while diluted EPS climbed from $1.98 to $2.78 to $3.79. In the quarter ended 2026-06-30, net income was $22.0 million and diluted EPS $1.08; a year earlier, the quarter ended 2025-06-30 showed $16.7 million and $0.96. That is real progress. FairStock also tags it a STALWART, with profit growing about 40.5% a year over five years, a PEG of 0.33 and a Piotroski F-score of 6/9. The moat is not wide: community banking is competitive, and Texas growth helps but does not immunize against credit cycles. My main reservation is that the bank-specific data needed to judge safety—CET1, net interest margin, charge-offs, reserves, and deposit costs—are not in the figures provided. With no dividend and D/E unavailable, I would want those before calling it cheap rather than merely fairly priced.

In plain English: Third Coast is a Texas bank that serves small and medium-sized businesses and professionals. The business looks strong: profits have grown steadily, and it earns a respectable return on shareholders' money. At the recent price, the shares look reasonably valued against earnings and accounting value—neither obviously cheap nor expensive.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer