Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, such as equipment loans, working capital, auto finance, and commercial finance. In addition, the company provides treasury management consumer and commercial online banking services, mobile applications, safe deposit boxes, and wire transfer services, as well as debit cards. It operates through eleven branches in Greater Houston, Dallas-Fort Worth, and Austin-San Antonio; and one branch in Detroit, Texas. The company was founded in 2008 and is headquartered in Humble, Texas.
P/B ratio for Third Coast Bancshares, Inc. (TCBX)
P/B ratio as of 2023: 0.66
According to Third Coast Bancshares, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.66. At the end of 2022 the company had a P/B ratio of 0.65.
P/B ratio history for Third Coast Bancshares, Inc. from 2019 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.66 |
| 2022 | 0.65 |
| 2021 | 0.68 |
| 2020 | 2.74 |
| 2019 | 5.82 |