Third Operating Income vs Total Revenue Analysis

TCBX Stock  USD 26.11  0.58  2.17%   
Third Coast financial indicator trend analysis is much more than just breaking down Third Coast Bancshares prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Third Coast Bancshares is a good investment. Please check the relationship between Third Coast Operating Income and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Third Coast Bancshares Operating Income account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Third Coast's Operating Income and Total Revenue is 0.74. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Third Coast Bancshares, assuming nothing else is changed. The correlation between historical values of Third Coast's Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Third Coast Bancshares are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Third Coast's Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from Third Coast Bancshares operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Third Coast Bancshares is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts Third Coast Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Third Coast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Third Coast Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Coast Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Tax Provision is likely to drop to about 4.3 M in 2024. Selling General Administrative is likely to drop to about 47.9 M in 2024
 2021 2022 2023 2024 (projected)
Net Interest Income90.6M116.5M134.3M97.5M
Tax Provision3.1M4.5M7.7M4.3M

Third Coast fundamental ratios Correlations

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0.990.850.650.660.990.980.990.99-0.70.980.640.930.670.650.290.95-0.410.950.240.970.830.240.970.990.83
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Third Coast Account Relationship Matchups

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