Filing Overview
Third Coast Bancshares, Inc. filed a Form 8-K dated June 15, 2023, under Item 8.01, Other Events. The company is a Texas corporation whose common stock trades on Nasdaq under the symbol TCBX. The filing does not report quarterly or annual operating results.
Key Financial Information
- Dividend: The Board of Directors declared a quarterly cash dividend of $17.0625 per share on the company’s 6.75% Series A Convertible Non-Cumulative Preferred Stock.
- Record date: June 30, 2023, at the close of business.
- Payment date: July 17, 2023.
- Revenue, profit, cash flow, margins, debt, and liquidity: The filing text does not provide clear values or updates for these metrics.
Material Changes
The material event reported is the declaration of the quarterly cash dividend on the Series A preferred stock. The filing does not identify other material changes versus a prior comparable period.
Outlook, Risks, and Unusual Items
The filing incorporates the related press release as Exhibit 99.1, including cautionary language regarding forward-looking statements. No specific guidance, management outlook, contingencies, or unusual items are described in the provided filing text.
Investor Verification Points
- Verify the $17.0625 per-share dividend amount and its applicability to the 6.75% Series A Convertible Non-Cumulative Preferred Stock.
- Confirm the June 30, 2023 record date and July 17, 2023 payment date.
- Review Exhibit 99.1 for the complete press release and forward-looking statement disclosures.
- Consult subsequent filings for any effects on capital, liquidity, preferred-stock terms, or future dividend payments.