Third Coast Bancshares (TCBX)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	258.19 mm	258.19 mm	258.19 mm	258.19 mm	258.19 mm	258.19 mm
Cash burn (monthly)	36.55 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	102.32 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	155.88 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	4.3	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2024

TCBX institutional ownership history Ownership history

25.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	40	67	-40.3%
Opened positions	13	53	-75.5%
Closed positions	40	3	+1233.3%
Increased positions	12	3	+300.0%
Reduced positions	7	3	+133.3%

13F shares	Current	Prev Q	Change
Total value	50.78 bn	87.40 bn	-41.9%
Total shares	3.52 mm	6.09 mm	-42.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Castle Creek Capital Partners VIII	1.11 mm	$18.28 mm	0.0%
Adage Capital Partners GP, L.L.C.	509.07 k	$10.83 bn	+6.1%
Kennedy Capital Management	331.27 k	$7.05 bn	+0.7%
Alliancebernstein	329.48 k	$7.01 bn	+5.1%
STT State Street	204.57 k	$4.35 bn	+5.6%
BlackBarn Capital Partners	150.00 k	$3.19 bn	NEW
Thrivent Trust Co of Tennessee	144.45 k	$2.89 bn	0.0%
Bridgeway Capital Management	117.07 k	$2.49 bn	+5.5%
BAC Bank of America	59.17 k	$1.26 bn	NEW
AMP Ameriprise Financial	54.67 k	$1.16 bn	+314.1%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-879.96 k	EXIT
Vanguard	0.00	-635.57 k	EXIT
Banc Funds	0.00	-487.65 k	EXIT
Geode Capital Management	0.00	-277.58 k	EXIT
Dimensional Fund Advisors	0.00	-161.30 k	EXIT
BlackBarn Capital Partners	150.00 k	+150.00 k	NEW
NTRS Northern Trust	0.00	-110.71 k	EXIT
Renaissance Technologies	0.00	-76.40 k	EXIT
BAC Bank of America	59.17 k	+59.17 k	NEW
Clearbridge Advisors	0.00	-50.94 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TCBX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
23 Dec 24	Martin Basaldua	Common Stock	Option exercise	Acquire M	No	No	11	3,750	41.25 k	19,143
23 Dec 24	Martin Basaldua	Stock Option Common Stock	Option exercise	Dispose M	No	No	11	3,750	41.25 k	0
11 Dec 24	Joseph Stunja	Common Stock	Option exercise	Acquire M	No	No	11	3,750	41.25 k	15,576
11 Dec 24	Joseph Stunja	Stock Option Common Stock	Option exercise	Dispose M	No	No	11	3,750	41.25 k	0
5 Dec 24	William Bobbora	Common Stock	Buy	Acquire P	Yes	No	35.33	1,450	51.23 k	6,050
8 Nov 24	Bart Caraway	Common Stock	Payment of exercise	Dispose F	No	No	35.09	29,374	1.03 mm	134,047
8 Nov 24	Bart Caraway	Common Stock	Option exercise	Acquire M	No	No	11	19,400	213.40 k	163,421
8 Nov 24	Bart Caraway	Common Stock	Option exercise	Acquire M	No	No	11	19,450	213.95 k	144,021
8 Nov 24	Bart Caraway	Common Stock	Option exercise	Acquire M	No	No	11	4,850	53.35 k	124,571
8 Nov 24	Bart Caraway	Common Stock	Option exercise	Acquire M	No	No	11	50,000	550.00 k	119,721

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Third Coast Bancshares Q3 EPS $0.74 Beats $0.54 Estimate, Sales $42.90M Beat $41.67M Estimate

23 Oct 24

Third Coast Bancshares (NASDAQ:TCBX) reported quarterly earnings of $0.74 per share which beat the analyst consensus estimate of $0.54 by 37.04 percent. This is a 131.25 percent increase over earnings of $0.32 per share

Press releases

From Benzinga Pro

Third Coast Bancshares, Inc. Declares Quarterly Cash Dividend on its 6.75% Series A Convertible Non-Cumulative Preferred Stock

19 Dec 24

HOUSTON, Dec. 19, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX), the holding company of Third Coast Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $17.25 per

THIRD COAST BANCSHARES, INC. REPORTS 2024 THIRD QUARTER FINANCIAL RESULTS

23 Oct 24

Record Basic EPS of $0.85 and Diluted EPS of $0.74 HOUSTON, Oct. 23, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX) (the "Company," "Third Coast," "we," "us," or

Third Coast Bancshares, Inc. Announces 2024 Third Quarter Earnings Release and Conference Call Schedule

2 Oct 24

HOUSTON, Oct. 2, 2024 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ:TCBX), ("Third Coast"), the holding company of Third Coast Bank, today announced that it will report its 2024 third quarter financial