Nottingham Advisors Inc. Buys Shares of 37,423 Third Coast Bancshares, Inc. $TCBX

Posted by George Bondi on Jun 24th, 2026

Nottingham Advisors Inc. purchased a new stake in Third Coast Bancshares, Inc. (NASDAQ:TCBX – Free Report) during the first quarter, Holdings Channel.com reports. The firm purchased 37,423 shares of the company’s stock, valued at approximately $1,416,000.

Several other large investors have also recently made changes to their positions in the stock. Krilogy Financial LLC lifted its stake in shares of Third Coast Bancshares by 32.6% during the 1st quarter. Krilogy Financial LLC now owns 8,132 shares of the company’s stock worth $334,000 after purchasing an additional 1,999 shares during the last quarter. Hsbc Holdings PLC purchased a new position in Third Coast Bancshares in the fourth quarter valued at about $265,000. Invesco Ltd. raised its holdings in Third Coast Bancshares by 397.9% in the fourth quarter. Invesco Ltd. now owns 90,739 shares of the company’s stock worth $3,449,000 after purchasing an additional 72,513 shares in the last quarter. Empowered Funds LLC raised its holdings in Third Coast Bancshares by 10.9% in the fourth quarter. Empowered Funds LLC now owns 58,294 shares of the company’s stock worth $2,216,000 after purchasing an additional 5,718 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in shares of Third Coast Bancshares during the fourth quarter valued at about $237,000. 36.88% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TCBX. Raymond James Financial raised shares of Third Coast Bancshares from a “market perform” rating to an “outperform” rating and set a $45.00 price objective on the stock in a research report on Tuesday, April 7th. Zacks Research downgraded shares of Third Coast Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 23rd. Finally, Stephens cut their price target on shares of Third Coast Bancshares from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Third Coast Bancshares presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.00.

View Our Latest Stock Report on Third Coast Bancshares

Third Coast Bancshares Stock Performance

Shares of NASDAQ TCBX opened at $39.88 on Wednesday. The company has a market cap of $661.69 million, a PE ratio of 12.20 and a beta of 0.33. The business has a 50-day simple moving average of $38.78 and a two-hundred day simple moving average of $39.28. Third Coast Bancshares, Inc. has a fifty-two week low of $31.26 and a fifty-two week high of $43.84.

Third Coast Bancshares Company Profile

(Free Report)

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. The company's deposit products include checking, savings, individual retirement, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, equipment loans, working capital lines of credit, guaranteed loans, auto finance, letters of credit, commercial and residential real estate, and construction, development, and other loans.