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How to Buy Third Coast Bancshares Stock

Third Coast Bancshares Inc

Third Coast Bancshares, Inc. operates as a bank holding company for Third Coast Bank, SSB that provides various commercial banking solutions to small and medium-sized businesses, and professionals.

Third Coast Bancshares stock last closed at $22.22, down 0.76% from the previous day, and has increased 34.67% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.14 percentage points. Third Coast Bancshares stock is currently +57.7% from its 52-week low of $14.09, and -2.97% from its 52-week high of $22.90.

At the moment, there are 13.65M shares of TCBX outstanding. The market cap of TCBX is $303.37M. In the last 24 hours, 27,875 TCBX shares were traded.

How to Buy Third Coast Bancshares Stock

Not sure how to invest in Third Coast Bancshares stock? Here's how.
  1. Figure out where to buy Third Coast Bancshares stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Third Coast Bancshares stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Evaluate Third Coast Bancshares stock: The Third Coast Bancshares ticker symbol is TCBX. Is Third Coast Bancshares stock a good investment? Should you buy shares of TCBX? How do TCBX's underlying business fundamentals look? Do top analysts think Third Coast Bancshares is a good buy? Why has TCBX's stock price moved recently? (Hint: Our stock research tools can help you figure out if TCBX is a good stock to buy).
  5. Make your TCBX purchase: Decide if you will purchase TCBX shares at the current market price or use a limit order to buy TCBX stock at a particular price.
  6. Get the latest scoop on your investment in TCBX: Create a watchlist to important updates regarding your investment in Third Coast Bancshares shares.

Step 1: Figure out where to buy Third Coast Bancshares stock

You need an online brokerage account in order to access the NASDAQ market and buy TCBX stock.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you can buy TCBX today.

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  1. Submit your details by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've opened your account on a investment app, you can securely and quickly fund your account:

Check out the tutorial below if you need help transferring funds into your brokerage account.

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Step 4: Evaluate Third Coast Bancshares stock

Once you have figured out the best place to buy Third Coast Bancshares stock, it's important to analyze their stock before you invest, so you can understand the risk and upside.

Third Coast Bancshares Metrics

TCBX Price
$22.22
1w %
10.11%
1y %
34.67%
5y %
N/A
P/E
10.15x
P/B
0.72x
P/S
2.07x
PEG
2.92x
Revenue
$146.74M
Earnings
$29.79M
Fore. Rev. Growth
12.84%
Fore. Earn. Growth
4.3%
Market Cap
$303.37M
Next Earnings
Jul 24, 2024
Next Dividend
N/A

Third Coast Bancshares Due Diligence Checks

WallStreetZen was created to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on TCBX's stock page.

What is the fair value of TCBX stock?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge TCBX's intrinsic value.

Using relative valuations measures:

  • TCBX could be undervalued based on its P/E ratio of 10.15x, relative to Banks - Regional industry P/E ratio of 13.49x
  • TCBX could be undervalued based on its P/B ratio of 0.72x, relative to Banks - Regional industry P/B ratio of 1.09x
  • TCBX may be overvalued based on its PEG ratio of 2.92x

You can access additional valuation research on TCBX's stock here.

TCBX Financial Summary

Positive Health Checks:

  • TCBX's operating cash flow of $40.52M allows it to safely service it's debt of $146.13M.
  • TCBX earnings of $43.07M is not enough to cover its interest payments.
  • TCBX profit margin has gone up from 19% to 20.3% in the past year.

Negative Health Checks:

  • TCBX has a relatively high debt to equity ratio of 10.

Is it a good time to buy TCBX stock, according to analysts?

Out of 1 sell side analysts who give ratings on TCBX, the consensus analyst rating on TCBX is a Buy

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Third Coast Bancshares stock forecast page.

TCBX Trading Indicators

SMA10
21.33
SMA20
20.48
SMA50
20.72
SMA100
20.02
SMA200
19
MACD
0.42
MACD Signal
0.19
MACD Histogram
0.23
RSI
63.19
Stochastic %K
88.57
Stochastic %D
87.44
StochRSI %K
95.75
StochRSI %D
87.8

TCBX Earnings

Last year, TCBX earnings were $29.79M. Over the past two year, TCBX's earnings have grown by 58.66% per year. This was faster than the Banks - Regional industry average of 15.59%.

Last year, TCBX revenue was $146.74M. During the last 2 year, TCBX's revenue has gone up by 30.31% per year. This was faster than the Banks - Regional industry average of 11.91%.

Find out more about TCBX's earnings and revenue performance here.

Who is buying/selling TCBX?

In the past year, insiders at TCBX have bought more shares than they have sold.

William Bobbora, Executive Vice President and Chief Banking Officer of TCBX, was the latest TCBX insider to buy. They bought $30,270.00 worth of TCBX stock on Jun 5, 2024.

Research more about who owns TCBX stock here.

Does TCBX stock generate passive income?

No, Third Coast Bancshares doesn't provide an income stream by paying out dividends.

What do other investors have to say about TCBX?

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your TCBX purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Hit the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your investment in TCBX

Now that you own some TCBX stock, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to track the most important metrics related to your TCBX stock.

TCBX Feed

How to Buy Stock in Third Coast Bancshares

To summarize, here are the 6 steps to buy stock in Third Coast Bancshares:

  1. Figure out where to buy Third Coast Bancshares stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Third Coast Bancshares stock
  5. Make your TCBX purchase
  6. Get the latest scoop on your investment in TCBX

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Third Coast Bancshares, hit the button below to create your watchlist.

NASDAQ: TCBX
$22.22-0.17 (-0.76%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: TCBX
$22.22-0.17 (-0.76%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Third Coast Bancshares share?

As of Jul 12, 2024, it costs $22.22 to buy one share of Third Coast Bancshares stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.45 shares of TCBX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Third Coast Bancshares stock?

According to 1 Wall Street analysts who monitor Third Coast Bancshares, their consensus recommendation is to buy Third Coast Bancshares stock.

What is the best way to buy Third Coast Bancshares stock?

One way to place an order for Third Coast Bancshares stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.