{
  "id": 16068590,
  "title": "Earnings call transcript: Third Coast Bancshares tops Q3 2026 EPS forecast",
  "url": "https://urgent.news/2026/10/22/earnings-call-transcript-third-coast-bancshares-tops-q3-2026-eps",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T16:16:40.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-third-coast-bancshares-tops-q3-2026-eps-forecast-93CH-4966999"
  },
  "original_language": "en",
  "account": "Third Coast Bancshares reported adjusted third-quarter 2026 earnings of $1.06 per share, surpassing Wall Street's forecast of $1.00. Revenue stood at $65.86 million, slightly below the estimated $66.83 million. Net income was $19 million, or $0.93 per share, after $3.2 million in merger-related expenses. Shares traded at $40.10, down 1.62% from the prior close of $40.76. Despite revenue missing forecasts by 1.45%, adjusted EPS of $1.06 beat estimates by 6%. Net interest income rose 17.1% to $59.5 million, while tangible book value per share hit a record $33.31. The company expects net interest margin to improve to about 3.80% in Q4. Management announced a merger with Great Plains Bancshares, which would create a $9 billion asset franchise. The quarter reflected solid core growth, with net interest income up from $50.8 million a year earlier, driven by loan growth and a larger balance sheet. The bank's core business remained healthy, benefiting from a diversified customer base and strong credit quality. Non-performing loans were 0.53% of total loans, and net recoveries were solid for the third straight quarter. Adjusted EPS of $1.06 was 6% above the forecast, while reported EPS fell to $0.93 due to merger-related costs. The company's merger with Great Plains Bancshares is expected to close between February 1 and April 1, 2027.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "FirstCash Non-GAAP EPS of $2.68 beats by $0.05, revenue of $1.1B beats by $30M",
        "url": "https://urgent.news/2026/10/22/firstcash-non-gaap-eps-of-2-68-beats-by-0-05-revenue-of-1-1b-beats-by",
        "published": "2026-10-22T10:17:08.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "Live Oak Bancshares (LOB) Q3 2026 Earnings Call Transcript",
        "url": "https://urgent.news/2026/10/22/live-oak-bancshares-lob-q3-2026-earnings-call-transcript",
        "published": "2026-10-22T16:54:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}