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Third Coast Bancshares (Third Coast Bancshares) FCF Yield % : 12.15 (As of May. 07, 2024)


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What is Third Coast Bancshares FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Third Coast Bancshares's Trailing 12-Month Free Cash Flow is $35.6 Mil, and Market Cap is $293.0 Mil. Therefore, Third Coast Bancshares's FCF Yield % for today is 12.15%.

The historical rank and industry rank for Third Coast Bancshares's FCF Yield % or its related term are showing as below:

TCBX' s FCF Yield % Range Over the Past 10 Years
Min: -1.52   Med: 3.74   Max: 12.58
Current: 12.15


During the past 5 years, the highest FCF Yield % of Third Coast Bancshares was 12.58%. The lowest was -1.52%. And the median was 3.74%.

TCBX's FCF Yield % is ranked better than
56.4% of 1429 companies
in the Banks industry
Industry Median: 10.05 vs TCBX: 12.15

Third Coast Bancshares's FCF Margin % for the quarter that ended in Dec. 2023 was 43.47%.


Third Coast Bancshares FCF Yield % Historical Data

The historical data trend for Third Coast Bancshares's FCF Yield % 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 FCF Yield % Chart

Third Coast Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
- - -0.30 3.85 13.18

Third Coast Bancshares Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Yield % 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 13.63 17.38 3.22 25.32 -

Competitive Comparison of Third Coast Bancshares's FCF Yield %

For the Banks - Regional subindustry, Third Coast Bancshares's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Third Coast Bancshares's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Third Coast Bancshares's FCF Yield % falls into.



Third Coast Bancshares FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Third Coast Bancshares's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=35.638 / 270.325389
=13.18%

Third Coast Bancshares's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=17.109 * 4 / 270.325389
=25.32%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Third Coast Bancshares FCF Yield % Related Terms

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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