Third Net Tangible Assets from 2010 to 2024

TCBX Stock  USD 35.23  0.27  0.76%   
Third Coast Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 219.9 M in 2024. Net Tangible Assets is the total assets of Third Coast Bancshares minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
416.9 M
Current Value
219.9 M
Quarterly Volatility
125.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Coast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Coast's main balance sheet or income statement drivers, such as Tax Provision of 4.3 M, Net Interest Income of 97.5 M or Interest Income of 138 M, as well as many indicators such as Price To Sales Ratio of 1.81, Dividend Yield of 0.0184 or PTB Ratio of 0.62. Third financial statements analysis is a perfect complement when working with Third Coast Valuation or Volatility modules.
  
Check out the analysis of Third Coast Correlation against competitors.

Latest Third Coast's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Third Coast Bancshares over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Third Coast's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Coast's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Third Net Tangible Assets Regression Statistics

Arithmetic Mean129,680,337
Geometric Mean92,532,996
Coefficient Of Variation97.04
Mean Deviation101,379,291
Median56,521,020
Standard Deviation125,848,231
Sample Variance15837.8T
Range360.4M
R-Value0.74
Mean Square Error7615.2T
R-Squared0.55
Significance0
Slope20,936,287
Total Sum of Squares221728.9T

Third Net Tangible Assets History

2024219.9 M
2023416.9 M
2022362.5 M
2021279.7 M
2020100.9 M

About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Third Coast. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets416.9 M219.9 M

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Additional Tools for Third Stock Analysis

When running Third Coast's price analysis, check to measure Third Coast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.