Third Coast Bancshares, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $127.0M | $37.5M | $10.1M |
| Pretax income | $82.7M | $61.4M | $41.6M | $23.2M | $14.5M |
| Income tax expense | $16.5M | $13.7M | $8.2M | $4.5M | $3.1M |
| Net income | $66.3M | $47.7M | $33.4M | $18.7M | $11.4M |
| Balance Sheet | |||||
| Cash and equivalents | $175.2M | $371.2M | $296.9M | $329.9M | $326.7M |
| Total assets | $5.3B | $4.9B | $4.4B | $3.8B | $2.5B |
| Total liabilities | $4.8B | $4.5B | $4.0B | $3.4B | $2.2B |
| Stockholders' equity | $531.0M | $460.7M | $412.0M | $381.8M | $299.0M |
| Cash Flow Statement | |||||
| Cash from operations | $50.8M | $35.1M | $39.1M | $21.8M | $4.6M |
| Depreciation and amortization | $4.1M | $4.1M | $465,000 | $479,000 | $270,000 |
| Stock-based compensation | $1.6M | $1.7M | $1.6M | $1.3M | $659,000 |
| Capital expenditure | — | $1.8M | $3.4M | $12.2M | $5.6M |
| Free cash flow | — | $33.4M | $35.6M | $9.6M | -$1.0M |
Shares outstanding 16.6M · Free float 80.2%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.