earnings
confidence high
sentiment positive
materiality 0.75
Third Coast Q1 net income rises 31% YoY to $13.6M; diluted EPS $0.78
Third Coast Bancshares, Inc.
2025-Q1 EPS reported
$0.78
- Net income $13.6M ($0.78 diluted EPS) vs $10.4M ($0.61) in Q1 2024, up 31% and 28% respectively.
- Net interest margin expanded to 3.80% from 3.60% YoY; ROAA 1.17% vs 0.95%.
- Gross loans $3.99B, up from $3.97B at year-end; book value per share rose to $29.92.
- Bank completed $200M CRE loan securitization on Apr 1, reducing risk-weighted assets and improving capital ratios.