Third Coast Bancshares Q1 FY26 net income rises 20.5% to $16.37 million

Third Coast Bancshares Inc

Third Coast Bancshares Inc

TCBX

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  • Third Coast Bancshares posted net income of $16.37 million for three months ended March 31, 2026, up 20.5%.
  • Net interest income rose to $53.65 million, up 25.3%, as interest income climbed to $97.39 million, up 20.6%.
  • Net interest margin narrowed 13 basis points to 3.67%, while provision for credit losses increased to $580,000, up 28.9%.
  • Noninterest expense jumped to $38.1 million, up 35.6%, while noninterest income increased to $4.03 million, up 29.8%.
  • Completed Keystone merger on Feb. 1, 2026 for about 2.6 million shares of common stock and $20 million in cash; total assets were $6.58 billion at March 31, 2026.


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