Third Coast Bancshares Q1 net income drops 8.4% to $16.4 million
Third Coast Bancshares Inc
Third Coast Bancshares Inc TCBX | 0.00 |
- Third Coast Bancshares posted 2026 first-quarter net income of $16.4 million, down 8.4% from fourth-quarter 2025.
- Net interest income rose to $53.6 million, up 2.8% from the prior quarter.
- Net interest margin narrowed to 3.67%, down 43 basis points from fourth-quarter 2025.
- Gross loans climbed to $5.25 billion as of March 31, 2026, up 19.5% from year-end 2025.
- Completed merger with Keystone Bancshares on Feb. 1, 2026, adding about $1 billion in assets.
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