TCBX FY 2025 Earnings Report — Third Coast Bancshares, Inc. Revenue & Financial Results | Market Cap Arena

Third Coast Bancshares, Inc.TCBX

FY 2025 Earnings

Reported March 4, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$367M	—	$338M	—	8.5%
Op. Income	$85M	—	$61M	—	38.5%
Gross Margin	55.3%	—	48.7%	—	6.5pp
Net Margin	18.1%	—	14.1%	—	4.0pp
EPS (Diluted)	$3.79	—	$2.78	—	36.3%
Free Cash Flow	$48M	—	$33M	—	44.3%

Revenue Flow

Item	Amount
REVENUE	$367M
Cost of Revenue	$164M
GROSS PROFIT	$203M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$77M
SG&A Expenses	$79M
Other Expenses	$38M
Operating Expenses	$118M
Cost & Expenses	$282M
OPERATING INCOME	$85M
Interest Income	$354M
Interest Expense	$159M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$83M
Income Tax Expense	$16M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$5M
EBIT	$85M
EBITDA	$90M
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$367M
Cost of Revenue	$164M
GROSS PROFIT	$203M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$77M
SG&A Expenses	$79M
Other Expenses	$38M
Operating Expenses	$118M
Cost & Expenses	$282M
OPERATING INCOME	$85M
Interest Income	$354M
Interest Expense	$159M
Other Income/Expenses	-$2M
INCOME BEFORE TAX	$83M
Income Tax Expense	$16M
Net Income from Continuing Ops	$66M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$66M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$62M
D&A	$5M
EBIT	$85M
EBITDA	$90M
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$66M
Depreciation & Amortization	$206.0K
Stock-Based Compensation	$2M
Deferred Income Tax	$3M
Other Non-Cash Items	-$12M
Change in Working Capital	-$8M
OPERATING CASH FLOW	$51M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$193M
Sales/Maturities of Investments	$610.0K
Other Investing Activities	-$418M
NET CASH FROM INVESTING	-$610M
Net Debt Issuance	$7M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$316M
NET CASH FROM FINANCING	$319M
FREE CASH FLOW	$48M
Net Change in Cash	-$240M

Balance Sheet

Item	Amount
Cash & Equivalents	$175M
Short-Term Investments	$224M
Net Receivables	$29M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$429M
PP&E (Net)	$42M
Goodwill	$19M
Intangible Assets	$0
Long-Term Investments	$4.7B
Tax Assets	$6M
Other Non-Current Assets	$141M
TOTAL NON-CURRENT ASSETS	$4.9B
TOTAL ASSETS	$5.3B
Account Payables	$6M
Short-Term Debt	$38M
Deferred Revenue	$0
Other Current Liabilities	$4.6B
TOTAL CURRENT LIABILITIES	$4.7B
Long-Term Debt	$81M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$40M
TOTAL NON-CURRENT LIABILITIES	$139M
TOTAL LIABILITIES	$4.8B
Common Stock	$14M
Additional Paid-In Capital	$324M
Retained Earnings	$183M
Treasury Stock	-$1M
Accum. Other Comp. Income	$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$531M
Minority Interest	$0
TOTAL EQUITY	$531M
TOTAL LIABILITIES & EQUITY	$5.3B
Total Debt	$137M
Net Debt	-$38M