Third Coast Bancshares (TCBX) Income Statement: Revenue & Earnings

Third Coast Bancshares Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Third Coast Bancshares, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	201.28	170.48	141.41	122.69	93.12	83.55	50.29
Cost of Revenue	164.16	173.30	133.34	49.69	19.99	21.91	17.60
Gross Profit	202.79	164.77	140.74	110.49	83.20	61.64	32.69
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	30.62	66.82	29.32	58.42	50.53	30.59	20.68
Operating Expenses	117.80	103.42	99.13	87.32	68.72	46.03	29.45
Operating Income	84.99	61.35	41.61	23.17	14.48	15.61	3.23
Other Income/Expense
Interest Income	354.03	328.36	266.54	153.95	100.62	82.24	49.93
Interest Expense	158.81	167.60	127.02	37.49	10.06	14.36	15.97
Other Income/Expense	-2.25	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	82.75	61.35	41.61	23.17	14.48	15.61	3.23
Income Tax Expense	16.45	13.68	8.21	4.51	3.06	3.49	0.85
Net Income	66.29	47.67	33.40	18.66	11.42	12.12	2.38
Net Income - Continuous Operations	66.29	47.67	33.40	18.66	11.42	12.12	2.38
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	4.75	65.97	3.95	2.56	14.21	15.69	4.10
EBIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	4.75	4.62	3.95	2.56	-0.27	0.08	0.87
Earnings Per Share
Basic EPS	4.00	3.00	2.00	1.00	1.00	2.00	-
Diluted EPS	4.00	3.00	2.00	1.00	1.00	2.00	-
Basic Shares Outstanding	13.84	13.66	13.58	13.47	7.87	6.25	6.91
Diluted Shares Outstanding	17.48	17.13	16.88	13.75	8.14	6.34	7.12