Recent Updates — TCBX
Third Coast Bancshares, Inc. reported second quarter 2026 financial results with net income of $22.0 million, or $1.08 diluted EPS, and a net interest margin of 3.83%. Gross loans grew to $5.44 billion as of June 30, 2026, and the company recognized a $3.5 million gain from the sale of substantially all assets of Third Coast Commercial Capital, Inc. on June 25, 2026. The company operates as a commercially focused bank holding company in Texas.
On July 13, 2026, Third Coast Bancshares, Inc. announced the completed sale of substantially all assets of its wholly owned subsidiary, Third Coast Commercial Capital, Inc., to Gulf Coast Bank & Trust Company. The transaction was effective as of June 25, 2026. Third Coast Bancshares, Inc. is a bank holding company operating in the financial services industry.
Third Coast Bancshares, Inc. declared a quarterly cash dividend of $17.0625 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock, payable July 15, 2026, to holders of record as of June 30, 2026. The company operates in the banking industry and provides financial services.