Filing Flows › Third Coast Bancshares (TCBX) › Q3 2026
Third Coast Bancshares (TCBX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Third Coast Bancshares (TCBX) reported revenue of $65.9M for the third quarter 2026 (Q3 2026), +21% from a year earlier and -3% from the quarter before. Operating margin was 36.1%, net earnings $19.0M (28.9% of revenue).
Third Coast Bancshares, Q3 2026: revenue $65.9M (+21% year over year), operating margin 36.1%, net earnings $19.0M, operating cash flow $8.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.9M | -3% | +21% |
| Operating profit | $23.8M | -14% | +4% |
| Net earnings | $19.0M | -14% | +5% |
| Operating cash flow | $8.9M | -80% | -57% |
What changed
Revenue was $65.9M in Q3 2026, up 21% year over year and down 3% from the previous quarter. Net interest income was the largest line at 90% of revenue. Net interest income added $8.7M year over year (up 17%), 76% of the total change.
Operating profit was $23.8M, a 36.1% margin (down 5.8 points year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, below the 42% margin then. Total costs grew 33% against revenue growth of 21%. The fastest-growing cost line was Noninterest expense (+44%). Net earnings were $19.0M, up 5% year over year. The effective tax rate was 20.0%.
Operating cash flow was $8.9M (down 57% year over year), 47% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $782K of share-based compensation. Working capital and other items used $12.6M.
Questions
What was Third Coast Bancshares' revenue in the third quarter 2026?
Third Coast Bancshares (TCBX) reported revenue of $65.9M for the third quarter 2026 (Q3 2026), +21% from a year earlier and -3% from the quarter before.
Was Third Coast Bancshares profitable in the third quarter 2026?
Operating profit was $23.8M (36.1% of revenue) and net earnings $19.0M.