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Third Coast Bancshares (Third Coast Bancshares) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is Third Coast Bancshares Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Third Coast Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $412.0 Mil. Third Coast Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $4,396.1 Mil. Therefore, Third Coast Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for Third Coast Bancshares's Equity-to-Asset or its related term are showing as below:

TCBX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.12
Current: 0.09

During the past 5 years, the highest Equity to Asset Ratio of Third Coast Bancshares was 0.12. The lowest was 0.06. And the median was 0.09.

TCBX's Equity-to-Asset is ranked better than
50.2% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs TCBX: 0.09

Third Coast Bancshares Equity-to-Asset Historical Data

The historical data trend for Third Coast Bancshares's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Third Coast Bancshares Equity-to-Asset Chart

Third Coast Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.06 0.07 0.12 0.10 0.09

Third Coast Bancshares Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.09 0.09

Competitive Comparison of Third Coast Bancshares's Equity-to-Asset

For the Banks - Regional subindustry, Third Coast Bancshares's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Coast Bancshares's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Third Coast Bancshares's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Third Coast Bancshares's Equity-to-Asset falls into.



Third Coast Bancshares Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Third Coast Bancshares's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=411.974/4396.074
=0.09

Third Coast Bancshares's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=411.974/4396.074
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Third Coast Bancshares  (NAS:TCBX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Third Coast Bancshares Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Third Coast Bancshares's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Third Coast Bancshares (Third Coast Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
20202 Highway 59 North, Suite 190, Humble, TX, USA, 77338
Third Coast Bancshares Inc is a bank holding company. It focuses on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The bank operates eleven branches in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and one branch in Detroit, Texas.
Executives
William Bobbora officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
David R Phelps director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Vicki Alexander officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Richard J Mcwhorter officer: Chief Financial Officer
Dennis Bonnen director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Audrey Duncan officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Michael Deckert officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Christopher Seay Peacock officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Tony Scavuzzo director 102 E. FRONT ST., MONROE MI 48161
Martin Basaldua director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Carolyn Bailey director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Bart Caraway director, officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Joseph Stunja director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Shelton Mcdonald director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Donald C Legato officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338