Third Coast Bancshares Announces Attractive Cash Dividend

Author: Evelyn Baker Updated: 06-26-2025 04:28 PM

Third Coast Bancshares Declares Quarterly Cash Dividend

Third Coast Bancshares, Inc. (NASDAQ: TCBX), the holding company for Third Coast Bank, has made an exciting announcement that its Board of Directors has declared a quarterly cash dividend. Shareholders can look forward to receiving a dividend of $17.0625 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This payment reflects the company’s commitment to delivering value to its investors, demonstrating confidence in its ongoing financial health.

Dividend Payment Details

The highly anticipated dividend will be paid to shareholders on a specified date. It is set for distribution on the 15th of July, ensuring that those who hold the stock by the close of business on the 30th of June will receive their share of the dividend. Such timely payments affirm the company's dedication to maintaining shareholder satisfaction.

About Third Coast Bancshares, Inc.

Established in 2008, Third Coast Bancshares, Inc. serves as a significant player in the banking sector, operating primarily in major markets through its wholly owned subsidiary, Third Coast Bank. The bank’s substantial footprint includes pivotal areas, offering a range of banking services to individuals and businesses alike. The strength and growth of Third Coast Bank as a regionally focused financial institution underline its robust operational model and customer-centric approach.

Branch Network and Market Presence

With 19 branches situated in some of the largest metropolitan regions, including Houston and Dallas-Fort Worth, Third Coast Bank continuously strives to enhance its service offerings and expand its reach. Its commitment to providing personalized and efficient banking solutions has established it as a trusted partner in financial matters across its operating locations.

Commitment to Shareholders

The strategic decision to issue dividends reaffirms Third Coast Bancshares' ongoing commitment to its shareholders. This step not only showcases the company's solid financial foundation but also reflects an optimistic outlook toward future growth. The management remains focused on optimizing return on investment while nurturing a sustainable business model that benefits all stakeholders involved.

Frequently Asked Questions

What was the dividend declared by Third Coast Bancshares?

Third Coast Bancshares declared a quarterly cash dividend of $17.0625 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock.

When will the dividend be paid?

The dividend is scheduled to be paid on July 15 for shareholders on record as of June 30.

What is the focus of Third Coast Bancshares?

Third Coast Bancshares focuses on commercial banking operations, primarily servicing major regions like Houston and Dallas-Fort Worth.

How many branches does Third Coast Bank operate?

Third Coast Bank operates 19 branches within significant metropolitan areas, emphasizing its widespread banking services.

What should investors expect after the dividend announcement?

Investors can anticipate continued commitment from Third Coast Bancshares to maintain shareholder value and engage in strategic growth initiatives.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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