Third Coast Bancshares, Inc.
TCBX · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $338,073 | $274,076 | $160,181 | $103,186 |
| % Growth | 23.4% | 71.1% | 55.2% | – |
| Cost of Goods Sold | $173,299 | $133,339 | $49,692 | $19,985 |
| Gross Profit | $164,774 | $140,737 | $110,489 | $83,201 |
| % Margin | 48.7% | 51.3% | 69% | 80.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $65,116 | $62,217 | $56,510 | $48,642 |
| SG&A Expenses | $66,823 | $64,844 | $58,422 | $50,531 |
| Sales & Mktg Exp. | $1,707 | $2,627 | $1,912 | $1,889 |
| Other Operating Expenses | $36,600 | $34,281 | $28,899 | $18,187 |
| Operating Expenses | $103,423 | $99,125 | $87,321 | $68,718 |
| Operating Income | $61,351 | $41,612 | $23,168 | $14,483 |
| % Margin | 18.1% | 15.2% | 14.5% | 14% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $61,351 | $41,612 | $23,168 | $14,483 |
| Tax Expense | $13,680 | $8,211 | $4,509 | $3,059 |
| Net Income | $47,671 | $33,401 | $18,659 | $11,424 |
| % Margin | 14.1% | 12.2% | 11.6% | 11.1% |
| EPS | 3.14 | 2.11 | 1.28 | 1.45 |
| % Growth | 48.8% | 64.8% | -11.7% | – |
| EPS Diluted | 2.78 | 1.98 | 1.25 | 1.4 |
| Weighted Avg Shares Out | 13,665 | 13,584 | 13,465 | 7,874 |
| Weighted Avg Shares Out Dil | 17,134 | 16,878 | 13,755 | 8,139 |
| Supplemental Information | – | – | – | – |
| Interest Income | $328,356 | $266,544 | $153,946 | $100,615 |
| Interest Expense | $167,598 | $127,019 | $37,492 | $10,062 |
| Depreciation & Amortization | $4,620 | $3,946 | $2,555 | -$270 |
| EBITDA | $65,971 | $45,558 | $25,723 | $14,213 |
| % Margin | 19.5% | 16.6% | 16.1% | 13.8% |