Return On Equity ratio Analysis of Third Coast Bancshares Inc - Deep Dive


Latest FY ROE
Period Ending - Dec-23

8.11


Not Good ROE
Period Ending - Dec-22
2.59

Poor ROE
Growth
212.61 %
Trailing Twelve Months ROE
Period Ending - Dec-23

1.98


Poor ROE
Most recent Quarter ROE
Period Ending - Mar-24

2.45


Not Good ROE
ROE Analysis of Third Coast Bancshares Inc
ROE Ratio of Third Coast Bancshares Inc with value of 1.98 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months.
ROE Ratio of Third Coast Bancshares Inc with value of 2.45 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24.
ROE Ratio of TCBX rose handsomely by 212.61 % this year.
ROE Ratio with value of 9.95 was highest in Year Dec-20 in last Five Years.
ROE Ratio with value of 2.59 was lowest in Year Dec-22 in last Five Years.
Latest ROE Ratio with value of 8.11 is Greater than Average ROE of 5.73 in last five years.
Other ROE Related Info of TCBX that may interest you.
Third Coast Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
TCBX21.0920.77 1.54 % Banks-Regional
Fundamental AnalysisTechnical Analysis
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund.   more ..
Return On Equity Formula
ROE Related Ratios
ReturnOnAssetNetProfitMargin
Tsr Profitability Index
No Significant Profitability
FY - Historical Return On Equity of Third Coast Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
ROE8.112.593.829.954.16
Change212.61 %-32.12 %-61.62 %139.53 %
FY Chart of Return On Equity of Third Coast Bancshares Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)