TCBX Third Coast Bancshares PE ratio, current and historical analysis
The PE ratio for Third Coast Bancshares stock stands at 12.38 as of Nov 21, 2024. This results from the current EPS of $2.85 and stock price of $35.27. An increase of 33% has been recorded in the PE ratio compared to the average of 9.3 of the past four quarters.
TCBX PE ratio history
Over the last three years, the average PE ratio of Third Coast Bancshares has been 16.1. The current 12.38 price-to-earnings ratio is 23% less than the historical average. In the past three years, TCBX's PE ratio reached its highest point in the Jun 2022 quarter at 46.6, with a price of $21.9 and an EPS of $0.47. The Jun 2023 quarter saw the lowest point at 7.49, with a price of $15.87 and an EPS of $2.12.
Third Coast Bancshares PE ratio by year
Maximum annual decrease: -34.58% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.42 | -34.58% |
| 2022 | 14.4 | -19.64% |
| 2021 | 17.92 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
TCBX average PE ratio chart
Currently, TCBX's PE ratio is lower than the 3-year average.
TCBX PE vs peers
TCBX's PE ratio is below its peer stocks PNC and MTB. Third Coast Bancshares's current PE ratio of 12.38 is less than the average of its peers, which is 16.03.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TCBX Third Coast Bancshares Inc | 12.38 | $482.46M |
| ZION Zions Bancorporation National Association | 13.47 | $8.74B |
| FHN First Horizon Corp | 14.51 | $10.69B |
| RF Regions Financial Corp | 15.11 | $24.3B |
| FITB Fifth Third Bancorp | 15.6 | $31.6B |
| MTB M&T Bank Corp | 15.94 | $35.94B |
| HBAN Huntington Bancshares Inc | 16.94 | $25.6B |
| CMA Comerica Inc | 17.1 | $9.06B |
| PNC Pnc Financial Services Group Inc | 17.38 | $81.64B |
| CFG Citizens Financial Group Inc | 18.2 | $20.61B |
| KEY Keycorp | 1,922 | $19.05B |
Frequently asked questions
What is Third Coast Bancshares's PE ratio?
The price to earnings ratio for TCBX stock as of Nov 21, 2024, stands at 12.38.
What is the 3-year average PE ratio for Third Coast Bancshares (TCBX)?
Over the last 3 years, the average PE ratio for TCBX stock is 16.1.
What is the highest PE ratio for TCBX?
The highest quarterly PE ratio in the last three years has been 46.6 and it was in the Jun 2022 quarter.
How does the current PE ratio for TCBX compare to its historical average?
TCBX's price to earnings ratio is currently 23% below its 3-year historical average.
How is TCBX's PE ratio calculated (Third Coast Bancshares PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Third Coast Bancshares's stock price is $35.27. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.85. Therefore, Third Coast Bancshares's price to earnings ratio for today is 12.38. PE RATIO(12.38) = STOCK PRICE($35.27) / TTM EPS($2.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.