Third Coast Bancshares annual free cash flow
2019
2020
2021
2022
2023
2024
Third Coast Bancshares Free Cash Flow (FCF) History (TCBX)
Third Coast Bancshares reported $33.4M in free cash flow for fiscal 2024, a decrease of 6.36% from the previous fiscal year, with a free cash flow margin of 19.47%.
View full Third Coast Bancshares company overviewThird Coast Bancshares free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2024 | 2024-12-31 | $33.4M | −$2.3M | −6.36% | +19.47% |
| 2023 | 2023-12-31 | $35.6M | $26.0M | +271.15% | +24.12% |
| 2022 | 2022-12-31 | $9.6M | $10.6M | — | +7.76% |
| 2021 | 2021-12-31 | −$1.0M | $4.0M | — | −1.09% |
| 2020 | 2020-12-31 | −$5.0M | −$5.6M | — | −7.10% |
| 2019 | 2019-12-31 | $611,000 | — | — | +1.74% |
Third Coast Bancshares quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | $17.1M | $14.9M | +685.90% | +43.33% |
| Q3 2023 | 2023-09-30 | $1.9M | −$5.5M | −74.48% | +5.04% |
| Q2 2023 | 2023-06-30 | $9.4M | $7.9M | +513.13% | +25.81% |
| Q1 2023 | 2023-03-31 | $7.3M | $8.7M | — | +20.93% |
| Q4 2022 | 2022-12-31 | $2.2M | $1.9M | +567.79% | +6.42% |
| Q3 2022 | 2022-09-30 | $7.3M | $7.4M | — | +21.64% |
| Q2 2022 | 2022-06-30 | $1.5M | $5.1M | — | +5.28% |
| Q1 2022 | 2022-03-31 | −$1.4M | −$3.6M | — | −5.37% |
| Q4 2021 | 2021-12-31 | $326,000 | — | — | +1.22% |
| Q3 2021 | 2021-09-30 | −$23,000 | — | — | −0.10% |
| Q2 2021 | 2021-06-30 | −$3.5M | — | — | −15.78% |
| Q1 2021 | 2021-03-31 | $2.2M | — | — | +9.31% |
Third Coast Bancshares free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $611,000 to $33.4M, a compound annual growth rate of 122.57%. Third Coast Bancshares's latest reported quarter, Q4 2023, generated $17.1M in free cash flow, an increase of 685.90% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Third Coast Bancshares filings at SEC.gov ↗