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Third Coast Bancshares (Third Coast Bancshares) Revenue : $152.5 Mil (TTM As of Dec. 2023)


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What is Third Coast Bancshares Revenue?

Third Coast Bancshares's revenue for the three months ended in Dec. 2023 was $39.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $152.5 Mil. Third Coast Bancshares's Revenue per Share for the three months ended in Dec. 2023 was $2.33. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $9.50.

Warning Sign:

Third Coast Bancshares Inc revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Third Coast Bancshares was -2.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -7.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 5 years, Third Coast Bancshares's highest 3-Year average Revenue per Share Growth Rate was 22.70% per year. The lowest was -7.20% per year. And the median was 7.75% per year.


Third Coast Bancshares Revenue Historical Data

The historical data trend for Third Coast Bancshares's Revenue 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 Revenue Chart

Third Coast Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
34.31 69.19 93.12 122.34 147.06

Third Coast Bancshares Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue 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 34.77 36.07 36.86 39.35 40.20

Competitive Comparison of Third Coast Bancshares's Revenue

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

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

* The bar in red indicates where Third Coast Bancshares's Revenue falls into.



Third Coast Bancshares Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $152.5 Mil.

* 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Third Coast Bancshares Revenue Related Terms

Thank you for viewing the detailed overview of Third Coast Bancshares's Revenue 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

Third Coast Bancshares (Third Coast Bancshares) Headlines