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.
Revenue of Third Coast Bancshares, Inc. (TCBX)
Revenue in 2023 (TTM): $266.54 M
According to Third Coast Bancshares, Inc.'s latest financial reports the company's current revenue (TTM) is $266.54 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Third Coast Bancshares, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $266.54 M | $266.54 M | $41.61 M | $41.61 M | $33.4 M |
| 2022 | $122.34 M | $122.34 M | $59.79 M | $23.17 M | $18.66 M |
| 2021 | $93.12 M | $93.12 M | $14.21 M | $14.48 M | $11.42 M |
| 2020 | $69.19 M | $69.19 M | $5.46 M | $15.61 M | $12.12 M |
| 2019 | $34.31 M | $34.31 M | $4.1 M | $3.23 M | $2.38 M |