Third Coast Bancshares (Third Coast Bancshares) Total Assets : $4,660.4 Mil (As of Mar. 2024)

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What is Third Coast Bancshares Total Assets?

Third Coast Bancshares's Total Assets for the quarter that ended in Mar. 2024 was $4,660.4 Mil.

During the past 12 months, Third Coast Bancshares's average Total Assets Growth Rate was 20.10% per year. During the past 3 years, the average Total Assets Growth Rate was 33.70% per year.

During the past 5 years, Third Coast Bancshares's highest 3-Year average Total Assets Growth Rate was 57.80%. The lowest was 33.70%. And the median was 45.75%.

Total Assets is connected with ROA %. Third Coast Bancshares's annualized ROA % for the quarter that ended in Mar. 2024 was 0.92%. Total Assets is also linked to Revenue through Asset Turnover. Third Coast Bancshares's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Third Coast Bancshares Total Assets Historical Data

The historical data trend for Third Coast Bancshares's Total Assets 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.

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Third Coast Bancshares Total Assets Chart

Third Coast Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

928.34

1,867.29

2,499.41

3,773.15

4,396.07

Third Coast Bancshares Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial												3,859.66	3,963.48	4,215.79	4,396.07	4,660.40

Third Coast Bancshares Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	411.974	+	3984.1
	=	4,396.1

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

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	423.618	+	4236.785
	=	4,660.4

Third Coast Bancshares (NAS:TCBX) Total Assets Explanation

Total Assets is connected with ROA %.

Third Coast Bancshares's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	41.468	/	( (4396.074	+	4660.403)	/ 2 )
	=	41.468	/	4528.2385
	=	0.92 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Third Coast Bancshares's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	40.196	/	( (4396.074	+	4660.403)	/ 2 )
=	40.196	/	4528.2385
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Third Coast Bancshares Total Assets Related Terms

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Third Coast Bancshares (Third Coast Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Third Coast Bancshares Inc (NAS:TCBX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

20202 Highway 59 North, Suite 190, Humble, TX, USA, 77338

Website

https://www.tcbssb.com

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