
TCBX Stock Forecast & Price Target
TCBX Analyst Ratings
Bulls say
Third Coast Bancshares Inc. has demonstrated a strong expansion in net interest margin (NIM), increasing to 4.22%, a rise of 42 basis points quarter-over-quarter, supported by a notable increase in loan yields to 7.97%. Furthermore, the company experienced a significant growth in average deposit balances, which rose by 13%, indicating robust customer engagement and deposit retention strategies. These factors, combined with an impressive enhancement in return on assets (ROA) and return on equity (ROE) from 0.55% and 6% in 2022 to over 1.2% and 13%, respectively, highlight the bank's effective financial management and overall positive financial trajectory.
Bears say
Third Coast Bancshares Inc. faces potential headwinds that could negatively impact its stock performance, particularly if market conditions lead to a price dip. The bank's reliance on loan interest and fees for revenue generation in a competitive environment places it at risk of underperformance, especially amidst uncertainties related to growth forecasts and market estimates. Additionally, bank valuations in comparison to the broader equity market suggest that even with recent rallies, there remains a fundamental discount in bank multiples, indicating that TCBX may struggle to maintain investor confidence.
This aggregate rating is based on analysts' research of Third Coast Bancshares and is not a guaranteed prediction by Public.com or investment advice.
TCBX Analyst Forecast & Price Prediction
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