Third Coast Bancshares, Inc. Announces Quarterly Cash Dividend for Series A Preferred Stock

Third Coast Bancshares Declares Quarterly Dividend



On September 18, 2025, Third Coast Bancshares, Inc. (NASDAQ: TCBX) announced the declaration of a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This announcement comes from a meeting of the Board of Directors of Third Coast Bancshares, which oversees the operations of Third Coast Bank.

The preferred stock dividend will be payable on October 15, 2025, to shareholders on record as of the close of business on September 30, 2025. This initiative will provide shareholders an opportunity to recognize returns on their investments as the bank continues to solidify its presence in the Texas market.

About Third Coast Bancshares, Inc.


Founded in 2008, Third Coast Bancshares is a Texas-based bank holding company primarily conducting business through its wholly owned subsidiary, Third Coast Bank. The bank operates 19 branches across major markets in Texas, including Greater Houston, Dallas-Fort Worth, and the Austin-San Antonio areas. By focusing on commercial banking, Third Coast aims to cater to both individual and business banking needs effectively. In a press statement, a company representative emphasized the bank’s commitment to supporting its shareholders while also executing its expansion strategy in these dynamic markets.

Financial Performance and Market Position


The dividend distribution reflects the robust financial performance of Third Coast Bancshares, which has consistently maintained growth amid economic conditions. Recognized for its reliability, the company has adopted a strategic approach to dividend declarations, ensuring that they align with its financial outlook and operational goals. Traditionally, the series A preferred stock dividends have served as an essential tool for enhancing shareholder value and contributing to overall investor confidence in the company’s ability to perform in the financial services industry.

The company is committed to addressing the needs of its depositors and accomplishing its growth objectives while remaining vigilant about market dynamics and economic fluctuations. This proactive approach enables Third Coast Bancshares to maintain essential deposit relationships and continue to expand its deposit base.

Forward-Looking Statements


In highlighting its financial operations, Third Coast Bancshares also issued a note regarding forward-looking statements, which are subject to a range of risks and uncertainties. Factors that may impact actual outcomes include fluctuations in interest rates, changes in economic trends, competition within the banking sector, and management capabilities. Potential shareholders are encouraged to review these disclosures in more detail through the company's public filings.

Conclusion


In conclusion, Third Coast Bancshares, Inc. is reaffirming its commitment to its shareholders by continuing to offer dividends while also striving for growth and operational excellence. As it moves forward, both investors and market observers will be keenly watching the developments and performance of Third Coast Bank as it seeks to enhance its footprint in Texas banking.

To learn more about ongoing financial developments and updates from Third Coast Bancshares, stakeholders are encouraged to visit Third Coast Bank’s Website. This specific dividend announcement may also pave the way for future positive trends within the company's performance and growth projections.

Topics Financial Services & Investing)

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