Ant Book

Main Menu

  • Home
  • Eu Fragmentation
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds
  • Finance

Ant Book

Header Banner

Ant Book

  • Home
  • Eu Fragmentation
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds
  • Finance
Money Market Accounts
Home›Money Market Accounts›Brokerages expect Third Coast Bancshares, Inc. (NASDAQ:TCBX) to report quarterly sales of $31.75 million

Brokerages expect Third Coast Bancshares, Inc. (NASDAQ:TCBX) to report quarterly sales of $31.75 million

By Joanne Monty
May 2, 2022
0
0

Brokers expect Third Coast Bancshares, Inc. (NASDAQ:TCBX – Get Rating) to report $31.75 million in sales for the current fiscal quarter, Zacks reports. Two analysts have released earnings estimates for Third Coast Bancshares, with the highest sales estimate of $32.80 million and the lowest estimate of $30.70 million. The company is expected to release its next quarterly earnings report on Monday, January 1.

According to Zacks, analysts expect Third Coast Bancshares to report annual sales of $128.13 million for the current year, with estimates ranging from $123.60 million to $132.66 million. . For the next fiscal year, analysts expect the company to post sales of $163.00 million, with estimates ranging from $150.90 million to $175.10 million. Zacks Investment Research’s sell calculations are an average based on a survey of sell-side analysts who provide coverage for Third Coast Banc shares.

Third Coast Bancshares (NASDAQ:TCBX – Get Rating) last released its quarterly results on Thursday, April 28. The company reported EPS of $0.15 for the quarter, missing Thomson Reuters consensus estimate of $0.22 per ($0.07).

(A d)

Equity crowdfunding bridges the gap between cash-strapped startups and retail investors. The vision of this market leader is to revolutionize private equity and provide opportunities for everyday investors by enabling them to pool their resources and participate in the early stages of private companies.

Reg. A+ through StartEngine Primary, LLC. Offering Circular/Risks on page. The investment is speculative, illiquid and high risk.

Several analysts have recently released reports on TCBX shares. Stephens lowered its price target on shares of Third Coast Bancshares from $30.00 to $28.00 and set an “overweight” rating on the stock in a Tuesday, April 5 research report. Zacks Investment Research downgraded shares of Third Coast Bancshares from a “hold” rating to a “strong sell” rating in a Tuesday, April 12 research report.

TCBX stock opened at $22.67 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt ratio of 0.17. The company’s fifty-day moving average price is $22.80. Third Coast Bancshares has a one-year low of $22.01 and a one-year high of $30.50.

Several large investors have recently bought and sold shares of the company. Full18 Capital LLC bought a new position in shares of Third Coast Bancshares in the first quarter for a value of approximately $1,909,000. Truist Financial Corp bought a new position in shares of Third Coast Bancshares in the first quarter for a value of approximately $617,000. Stephens Inc. AR bought a new position in shares of Third Coast Bancshares in the fourth quarter for a value of approximately $2,250,000. BlackRock Inc. bought a new position in shares of Third Coast Bancshares in the fourth quarter for a value of approximately $2,872,000. Finally, Wells Fargo & Company MN bought a new position in shares of Third Coast Bancshares in the fourth quarter worth approximately $57,000. 0.78% of the shares are currently held by hedge funds and other institutional investors.

About Third Coast Bancshares (Get an assessment)

Third Coast Bancshares, Inc operates as a bank holding company for Third Coast Bank, SSB which provides various commercial banking solutions to small and medium businesses and professionals. The Company’s deposit products include checking, savings, individual retirement and money market accounts, as well as certificates of deposit.

Featured articles

Get a Free Copy of Zacks Research Report on Third Coast Bancshares (TCBX)

For more information on Zacks Investment Research’s research offerings, visit Zacks.com

Earnings History and Estimates for Third Coast Bancshares (NASDAQ:TCBX) Stock

This instant news alert was powered by MarketBeat’s storytelling science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Third Coast Bancshares right now?

Before you consider Third Coast Bancshares, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated, top-performing research analysts daily and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off… and Third Coast Bancshares was not on the list.

While Third Coast Bancshares currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Related posts:

  1. Esma questions use of blockchain for EC’s bold monetary information platform
  2. “ Low Period Debt Funds Ought to See Enhancing Yields ”
  3. Constancy retail investor accounts enhance 17% to 26 million
  4. Greensill points develop as regulator oversees banking unit

Categories

  • Eu Fragmentation
  • Finance
  • Home Asset Bias
  • Money Market Accounts
  • Private Equity Funds

Recent Posts

  • Germany’s digital health efforts are failing. Is a Lauterbach strategy the ticket? – POLITICS
  • Stealth privatization of Medicare is a boon for Wall Street
  • EU media freedom law must be strengthened – EURACTIV.com
  • OncoHealth secures strategic investments from Arsenal Capital Partners and McKesson Corporation
  • An assessment of China’s monetary and financial data in the first quarter
  • Terms and Conditions
  • Privacy Policy