HOUSTON, March 20, 2025 /PRNewswire/ — Third Coast Bancshares, Inc. TCBX, the parent company of Third Coast Bank, today announced its Board of Directors has declared a quarterly cash dividend of $16.88 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This dividend will be payable on April 15, 2025 to shareholders on record as of the close of business on March 31, 2025.

About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc., based in Texas, operates primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio areas through its wholly owned subsidiary, Third Coast Bank. Established in 2008 in Humble, Texas, Third Coast Bank serves customers via 19 branches across the state’s four largest metropolitan areas. For further information, visit https://www.thirdcoast.bank.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which include expectations about future events and financial performance, involve risks and uncertainties and are protected under the safe harbor provisions of relevant securities laws. Common phrases used in forward-looking statements include “may,” “should,” “could,” “expect,” “anticipate,” and similar terms. These statements are based on corporate beliefs, current expectations, and management assumptions, most of which are uncertain and beyond Third Coast Bancshares’ control. As such, actual results may differ materially from projections. Factors like interest rate risk, market conditions, and management changes can influence outcomes. For further details on risks, see the risk factors in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission (the “SEC”).

The factors mentioned should be viewed in conjunction with accompanying cautionary statements in this release. Events related to uncertain risks could result in actual outcomes differing significantly from expectations. Transcript of any forward-looking statement is limited to the date it is made, without any obligation for Third Coast Bancshares to update these statements due to new information or developments. New situations and risks can arise unexpectedly, and their impact on business operations is difficult to predict.

Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor Relations
(713) 529-6600
[email protected]

 

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SOURCE Third Coast Bancshares