Third Gross Profit from 2010 to 2024

TCBX Stock  USD 34.75  0.48  1.36%   
Third Coast Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit Third Coast Bancshares makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
266.5 M
Current Value
279.9 M
Quarterly Volatility
83.5 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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Third Coast Bancshares over the last few years. Gross profit is a required income statement account that reflects total revenue of Third Coast Bancshares minus its cost of goods sold. It is profit before Third Coast operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Third Coast's Gross Profit 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.
ViewLast Reported 111.48 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Third Gross Profit Regression Statistics

Arithmetic Mean78,278,806
Geometric Mean55,154,847
Coefficient Of Variation106.70
Mean Deviation59,835,063
Median34,311,000
Standard Deviation83,520,388
Sample Variance6975.7T
Range245.6M
R-Value0.74
Mean Square Error3350T
R-Squared0.55
Significance0
Slope13,901,286
Total Sum of Squares97659.2T

Third Gross Profit History

2024279.9 M
2023266.5 M
2022122.3 M
202193.1 M
202069.2 M

Other Fundumenentals of Third Coast Bancshares

Third Coast Gross Profit component correlations

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About Third Coast Financial Statements

Third Coast investors use historical fundamental indicators, such as Third Coast's Gross Profit, 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
Gross Profit266.5 M279.9 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.