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Third Coast Bancshares (Third Coast Bancshares) Pre-Tax Income : $43.1 Mil (TTM As of Mar. 2024)


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What is Third Coast Bancshares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Third Coast Bancshares's pretax income for the three months ended in Mar. 2024 was $12.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $43.1 Mil. Third Coast Bancshares's pretax margin was 32.21%.

During the past 5 years, Third Coast Bancshares's highest Pretax Margin was 28.30%. The lowest was 9.42%. And the median was 18.94%.


Third Coast Bancshares Pre-Tax Income Historical Data

The historical data trend for Third Coast Bancshares's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Third Coast Bancshares Pre-Tax Income Chart

Third Coast Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
3.23 15.61 14.48 23.17 41.61

Third Coast Bancshares Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.49 11.14 7.01 11.97 12.95

Competitive Comparison of Third Coast Bancshares's Pre-Tax Income

For the Banks - Regional subindustry, Third Coast Bancshares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Coast Bancshares's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Third Coast Bancshares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Third Coast Bancshares's Pre-Tax Income falls into.



Third Coast Bancshares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Third Coast Bancshares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+41.612
=41.6

Third Coast Bancshares's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+12.948
=12.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $43.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Third Coast Bancshares  (NAS:TCBX) Pre-Tax Income Explanation

Third Coast Bancshares's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=12.948/40.196
=32.21%

During the past 5 years, Third Coast Bancshares's highest Pretax Margin was 28.30%. The lowest was 9.42%. And the median was 18.94%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Third Coast Bancshares Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Third Coast Bancshares's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Third Coast Bancshares (Third Coast Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
20202 Highway 59 North, Suite 190, Humble, TX, USA, 77338
Third Coast Bancshares Inc is a bank holding company. It focuses on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The bank operates eleven branches in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, and one branch in Detroit, Texas.
Executives
William Bobbora officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
David R Phelps director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Vicki Alexander officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Richard J Mcwhorter officer: Chief Financial Officer
Dennis Bonnen director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Audrey Duncan officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Michael Deckert officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Christopher Seay Peacock officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Tony Scavuzzo director 102 E. FRONT ST., MONROE MI 48161
Martin Basaldua director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Carolyn Bailey director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Bart Caraway director, officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Joseph Stunja director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Shelton Mcdonald director 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338
Donald C Legato officer: See Remarks 20202 HIGHWAY 59 NORTH, SUITE 190, HUMBLE TX 77338