Third Retained Earnings vs Net Receivables Analysis

TCBX Stock  USD 35.55  0.46  1.31%   
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 Retained Earnings and its Net Receivables 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.

Retained Earnings vs Net Receivables

Retained Earnings vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Third Coast Bancshares Retained Earnings account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Third Coast's Retained Earnings and Net Receivables is 0.96. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Receivables 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 Retained Earnings and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Third Coast Bancshares are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Retained Earnings i.e., Third Coast's Retained Earnings and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Receivables

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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When running Third Coast's price analysis, check to measure Third Coast's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Third Coast is operating at the current time. Most of Third Coast's value examination focuses on studying past and present price action to predict the probability of Third Coast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Coast's price. Additionally, you may evaluate how the addition of Third Coast to your portfolios can decrease your overall portfolio volatility.