Third Coast Bancshares (NASDAQ:TCBX) Reaches New 1-Year High – Here’s Why

Posted by Brenda Bartman on Aug 11th, 2026

Third Coast Bancshares, Inc. (NASDAQ:TCBX – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $45.12 and last traded at $44.9650, with a volume of 81691 shares changing hands. The stock had previously closed at $44.28.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TCBX. Keefe, Bruyette & Woods increased their price objective on Third Coast Bancshares from $45.00 to $48.00 and gave the stock a “market perform” rating in a research report on Monday, August 3rd. Stephens decreased their target price on Third Coast Bancshares from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, April 24th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Third Coast Bancshares has a consensus rating of “Moderate Buy” and a consensus price target of $46.00.

Check Out Our Latest Stock Report on TCBX

Third Coast Bancshares Trading Up 1.5%

The stock’s fifty day moving average price is $40.85 and its 200 day moving average price is $39.90. The stock has a market cap of $746.06 million, a P/E ratio of 13.75 and a beta of 0.32.

Third Coast Bancshares declared that its Board of Directors has initiated a stock repurchase program on Thursday, July 2nd that authorizes the company to repurchase $30.00 million in shares. This repurchase authorization authorizes the company to purchase up to 4.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Third Coast Bancshares

Large investors have recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in shares of Third Coast Bancshares in the 2nd quarter worth about $29,000. Advisory Services Network LLC purchased a new position in shares of Third Coast Bancshares during the 3rd quarter valued at about $31,000. State of Alaska Department of Revenue raised its holdings in shares of Third Coast Bancshares by 257.2% during the 4th quarter. State of Alaska Department of Revenue now owns 1,993 shares of the company’s stock valued at $75,000 after buying an additional 1,435 shares in the last quarter. Mariner LLC bought a new stake in Third Coast Bancshares in the 4th quarter worth approximately $201,000. Finally, Waterway Wealth Management LLC bought a new stake in Third Coast Bancshares in the 1st quarter worth approximately $208,000. Hedge funds and other institutional investors own 36.88% of the company’s stock.

Third Coast Bancshares Company Profile

(Get 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.