Stonegate Updates Coverage on Third Coast Bancshares, Inc. (TCBX) Q1 2025
Third Coast Bancshares (NASDAQ: TCBX) reported Q1 2025 financial results with net income of $13.6M, slightly down from $13.7M in Q4 2024. The company achieved basic and diluted EPS of $0.90 and $0.78 respectively.
The quarterly performance was characterized by higher net interest income, supported by steady loan growth and strong asset quality. The net interest margin improved to 3.80% from 3.71% in Q4 2024, while gross loans reached $3.99 billion. However, the company faced headwinds from increased credit loss provisions and rising operational costs, particularly in salaries and employee benefits.
The efficiency ratio increased to 61.23% from 58.80% in the previous quarter. The company continues to focus on operational efficiency through its 1% improvement initiative, though this may be impacted by planned securitization.
Third Coast Bancshares (NASDAQ: TCBX) ha riportato i risultati finanziari del primo trimestre 2025 con un utile netto di 13,6 milioni di dollari, leggermente inferiore ai 13,7 milioni del quarto trimestre 2024. L'azienda ha registrato un utile base e diluito per azione rispettivamente di 0,90 e 0,78 dollari.
La performance trimestrale 猫 stata caratterizzata da un aumento del reddito netto da interessi, sostenuto da una crescita costante dei prestiti e da una solida qualit脿 degli attivi. Il margine di interesse netto 猫 migliorato al 3,80% rispetto al 3,71% del quarto trimestre 2024, mentre i prestiti lordi hanno raggiunto 3,99 miliardi di dollari. Tuttavia, la societ脿 ha affrontato difficolt脿 dovute all'aumento delle accantonamenti per perdite su crediti e ai costi operativi in crescita, in particolare per salari e benefici ai dipendenti.
Il rapporto di efficienza 猫 salito al 61,23% dal 58,80% del trimestre precedente. L'azienda continua a concentrarsi sull'efficienza operativa attraverso un'iniziativa di miglioramento dell'1%, anche se questa potrebbe risentire della prevista cartolarizzazione.
Third Coast Bancshares (NASDAQ: TCBX) report贸 los resultados financieros del primer trimestre de 2025 con un ingreso neto de 13,6 millones de d贸lares, ligeramente inferior a los 13,7 millones del cuarto trimestre de 2024. La compa帽铆a logr贸 ganancias b谩sicas y diluidas por acci贸n de 0,90 y 0,78 d贸lares respectivamente.
El desempe帽o trimestral se caracteriz贸 por un aumento en los ingresos netos por intereses, apoyado por un crecimiento constante de los pr茅stamos y una s贸lida calidad de activos. El margen neto de inter茅s mejor贸 a 3,80% desde 3,71% en el cuarto trimestre de 2024, mientras que los pr茅stamos brutos alcanzaron los 3,99 mil millones de d贸lares. Sin embargo, la empresa enfrent贸 dificultades por mayores provisiones para p茅rdidas crediticias y costos operativos en aumento, especialmente en salarios y beneficios para empleados.
La relaci贸n de eficiencia aument贸 a 61,23% desde 58,80% en el trimestre anterior. La compa帽铆a contin煤a enfoc谩ndose en la eficiencia operativa a trav茅s de su iniciativa de mejora del 1%, aunque esto podr铆a verse afectado por la securitizaci贸n planificada.
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須湪靹� 牍勳湪鞚� 鞚挫爠 攵勱赴鞚� 58.80%鞐愳劀 61.23%搿� 靸侅姽頄堨姷雼堧嫟. 須岇偓電� 1% 臧滌劆 鞚措媹靺旐嫲敫岆ゼ 韱淀暣 鞖挫榿 須湪靹膘棎 瓿勳啀 歆戩頃橁碃 鞛堨溂雮�, 鞓堨爼霅� 鞙犽彊頇旉皜 鞓來枼鞚� 氙胳範 靾� 鞛堨姷雼堧嫟.
Third Coast Bancshares (NASDAQ: TCBX) a publi茅 ses r茅sultats financiers du premier trimestre 2025 avec un revenu net de 13,6 millions de dollars, en l茅g猫re baisse par rapport 脿 13,7 millions au quatri猫me trimestre 2024. La soci茅t茅 a enregistr茅 un BPA de base et dilu茅 de 0,90 et 0,78 dollars respectivement.
La performance trimestrielle a 茅t茅 marqu茅e par une augmentation du revenu net d鈥檌nt茅r锚ts, soutenue par une croissance stable des pr锚ts et une bonne qualit茅 des actifs. La marge nette d鈥檌nt茅r锚t s鈥檈st am茅lior茅e 脿 3,80% contre 3,71% au quatri猫me trimestre 2024, tandis que les pr锚ts bruts ont atteint 3,99 milliards de dollars. Toutefois, l鈥檈ntreprise a d没 faire face 脿 des vents contraires dus 脿 une augmentation des provisions pour pertes sur cr茅dits et des co没ts op茅rationnels en hausse, notamment les salaires et les avantages sociaux.
Le ratio d鈥檈fficacit茅 a augment茅 脿 61,23% contre 58,80% au trimestre pr茅c茅dent. La soci茅t茅 continue de se concentrer sur l鈥檈fficacit茅 op茅rationnelle gr芒ce 脿 son initiative d鈥檃m茅lioration de 1 %, bien que cela puisse 锚tre affect茅 par la titrisation pr茅vue.
Third Coast Bancshares (NASDAQ: TCBX) meldete die Finanzergebnisse f眉r das erste Quartal 2025 mit einem Nettoeinkommen von 13,6 Mio. USD, was leicht unter den 13,7 Mio. USD im vierten Quartal 2024 liegt. Das Unternehmen erzielte ein einfaches und verw盲ssertes Ergebnis je Aktie von 0,90 bzw. 0,78 USD.
Die Quartalsleistung war gepr盲gt von h枚heren Nettozinsertr盲gen, gest眉tzt durch ein stetiges Kreditwachstum und eine starke Verm枚gensqualit盲t. Die Nettozinsmarge verbesserte sich auf 3,80% gegen眉ber 3,71% im vierten Quartal 2024, w盲hrend die Bruttokredite 3,99 Milliarden USD erreichten. Allerdings sah sich das Unternehmen mit Gegenwinden durch erh枚hte R眉ckstellungen f眉r Kreditausf盲lle und steigende Betriebskosten, insbesondere f眉r Geh盲lter und Sozialleistungen, konfrontiert.
Die Effizienzquote stieg auf 61,23% von 58,80% im Vorquartal. Das Unternehmen konzentriert sich weiterhin auf operative Effizienz durch seine 1%-Verbesserungsinitiative, die jedoch durch die geplante Verbriefung beeintr盲chtigt werden k枚nnte.
- Net interest margin improved to 3.80% from 3.71% Q/Q
- Gross loans grew to $3.99 billion
- Strong asset quality maintained
- Steady loan growth achieved
- Net income slightly declined to $13.6M from $13.7M Q/Q
- Efficiency ratio deteriorated to 61.23% from 58.80%
- Increased provision for credit losses
- Rising operational costs in salaries and employee benefits
Dallas, Texas--(Newsfile Corp. - April 25, 2025) - Third Coast Bancshares, Inc. (NASDAQ: TCBX): Stonegate Capital Partners updates their coverage on Third Coast Bancshares, Inc. For 1Q25, Third Coast reported net income of
To view the full announcement, including downloadable images, bios, and more, .
Key Takeaways:
- Net interest margin of
3.80% for the first quarter of 2025 compared to3.71% for the fourth quarter of 2024. - Gross loans grew to
$3.99 billion as of March 31, 2025. - The efficiency ratio for the quarter was
61.23% , an increase from58.80% last quarter.
Click image above to view full announcement.
About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.
Contacts:
Stonegate Capital Partners
(214) 987-4121
[email protected]
Source:
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