Third Coast Bancshares Reports Record Annual Net Income

By Chris Stiles • Thursday, January 22 04:13 • Permanent Link

Third Coast Bancshares, Inc. has released its financial results for the fourth quarter and full year of 2025, reporting record annual net income of $66.3 million and a record annual diluted earnings per share of $3.79. The company's return on average assets for the fourth quarter of 2025 was 1.36% annualized, compared to 1.41% for the third quarter of 2025 and 1.13% for the fourth quarter of 2024.

In terms of net interest margin, it remained consistent at 4.10% for the fourth quarter of 2025 and the third quarter of 2025, compared to 3.71% for the fourth quarter of 2024. The net income for the fourth quarter of 2025 totaled $17.9 million, with basic and diluted earnings per share of $1.21 and $1.02, respectively. This is compared to $18.1 million, with basic and diluted earnings per share of $1.22 and $1.03, respectively, for the third quarter of 2025, and $13.7 million, with basic and diluted earnings per share of $0.92 and $0.79, respectively, for the fourth quarter of 2024.

The efficiency ratio for the fourth quarter of 2025 was 57.90%, compared to 53.03% for the third quarter of 2025 and 58.80% for the fourth quarter of 2024. Gross loans grew to $4.39 billion as of December 31, 2025, from $4.17 billion reported as of September 30, 2025.

For the full year, the company reported total assets of $5.34 billion as of December 31, 2025, representing an increase of 8.1% over the $4.94 billion reported as of December 31, 2024. Gross loans grew by $428.3 million to $4.39 billion as of December 31, 2025, reflecting a 10.8% increase from the $3.97 billion reported as of December 31, 2024. Deposits increased by $316.4 million to $4.63 billion as of December 31, 2025, or 7.3% over the $4.31 billion reported as of December 31, 2024.

The company's book value per share and tangible book value per share increased to $33.47 and $32.12, respectively, as of December 31, 2025, compared to $32.25 and $30.91, respectively, as of September 30, 2025, and $28.65 and $27.29, respectively, as of December 31, 2024.

Third Coast Bancshares, Inc. has scheduled a conference call to discuss its 2025 fourth quarter and fiscal year results on Thursday, January 22, 2026, at 11:00 a.m. Eastern time / 10:00 a.m. Central time. Following these announcements, the company's shares moved -1.09%, and are now trading at a price of $38.12. If you want to know more, read the company's complete 8-K report here.

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