Third Coast Bancshares reports record Q2 EPS of $1.08, sells factoring unit for $3.5M gain

Filed July 22, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Net income rose to $22.0M with diluted EPS of $1.08, up from $0.88 in Q1 2026 and $0.96 in Q2 2025, described as record diluted EPS. Return on average assets improved to 1.34% annualized from 1.08% prior quarter.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest income increased 12.4% to $60.3M as net interest margin expanded 16 basis points to 3.83%. Cost of interest-bearing deposits declined 12 basis points to 3.41% while loan yields rose to 7.06%.

  Exhibit 99.1 view on EDGAR →
• high

  Gross loans grew 3.5% to $5.44B, driven by $186.7M increase in commercial and industrial loans. Year-over-year loan growth was 33.3% from $4.08B in Q2 2025.

  Exhibit 99.1 view on EDGAR →