Third Coast Bancshares, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Third Coast Bancshares, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $66.29M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $47.67M | Mar 4, 2026 |
| FY2023 | Dec 31, 2023 | $9.69M | Mar 7, 2024 |
| FY2023 | Sep 30, 2023 | $5.58M | Mar 7, 2024 |
| FY2023 | Jun 30, 2023 | $8.89M | Mar 7, 2024 |
| FY2023 | Mar 31, 2023 | $9.24M | Mar 7, 2024 |
| FY2023 | Dec 31, 2022 | $7.53M | Mar 7, 2024 |
| FY2023 | Sep 30, 2022 | $6.77M | Mar 7, 2024 |
| FY2023 | Jun 30, 2022 | $2.28M | Mar 7, 2024 |
| FY2023 | Mar 31, 2022 | $2.09M | Mar 7, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $50.84M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $35.14M | Mar 4, 2026 |
| FY2025 | Dec 31, 2023 | $39.08M | Mar 4, 2026 |
| FY2024 | Dec 31, 2022 | $21.79M | Mar 5, 2025 |
| FY2023 | Dec 31, 2021 | $4.58M | Mar 7, 2024 |
| FY2022 | Dec 31, 2020 | ($3.65M) | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $3.59M | Mar 17, 2022 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $1.77M | Mar 5, 2025 |
| FY2024 | Dec 31, 2023 | $3.44M | Mar 5, 2025 |
| FY2024 | Dec 31, 2022 | $12.19M | Mar 5, 2025 |
| FY2023 | Dec 31, 2021 | $5.62M | Mar 7, 2024 |
| FY2022 | Dec 31, 2020 | $1.35M | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | $2.98M | Mar 17, 2022 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.34B | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $4.94B | Mar 4, 2026 |
| FY2024 | Dec 31, 2023 | $4.40B | Mar 5, 2025 |
| FY2023 | Dec 31, 2022 | $3.77B | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $2.50B | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $1.87B | Mar 17, 2022 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.81B | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $4.48B | Mar 4, 2026 |
| FY2024 | Dec 31, 2023 | $3.98B | Mar 5, 2025 |
| FY2023 | Dec 31, 2022 | $3.39B | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $2.20B | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $1.75B | Mar 17, 2022 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $531.03M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $460.72M | Mar 4, 2026 |
| FY2025 | Dec 31, 2023 | $411.97M | Mar 4, 2026 |
| FY2025 | Dec 31, 2022 | $381.78M | Mar 4, 2026 |
| FY2024 | Dec 31, 2021 | $299.01M | Mar 5, 2025 |
| FY2023 | Dec 31, 2020 | $120.42M | Mar 7, 2024 |
| FY2022 | Dec 31, 2019 | $56.52M | Mar 15, 2023 |
| FY2021 | Dec 31, 2018 | $54.13M | Mar 17, 2022 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $18.03M | Mar 7, 2024 |
| FY2023 | Dec 31, 2022 | $18.03M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $18.03M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $18.03M | Mar 17, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $183.24M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $121.70M | Mar 4, 2026 |
| FY2024 | Dec 31, 2023 | $78.78M | Mar 5, 2025 |
| FY2023 | Dec 31, 2022 | $53.27M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $36.03M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $24.61M | Mar 17, 2022 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $175.20M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | $371.16M | Mar 4, 2026 |
| FY2024 | Dec 31, 2023 | $296.93M | Mar 5, 2025 |
| FY2023 | Dec 31, 2022 | $329.86M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | $326.73M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | $201.27M | Mar 17, 2022 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4 | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Mar 4, 2026 |
| FY2025 | Dec 31, 2023 | 2 | Mar 4, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 5, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Mar 7, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Mar 17, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 4, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Mar 4, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 5, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Mar 7, 2024 |
| FY2022 | Dec 31, 2020 | 1 | Mar 15, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Mar 17, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.89M | Mar 4, 2026 |
| FY2025 | Dec 31, 2024 | 13.77M | Mar 4, 2026 |
| FY2024 | Dec 31, 2023 | 13.60M | Mar 5, 2025 |
| FY2023 | Dec 31, 2022 | 13.53M | Mar 7, 2024 |
| FY2022 | Dec 31, 2021 | 13.40M | Mar 15, 2023 |
| FY2021 | Dec 31, 2020 | 6.28M | Mar 17, 2022 |