Third Coast Q1 Net Interest Margin Falls to 3.67%
Q1 net interest margin was 3.67% vs. 4.10% for 4Q25 and 3.80% last year. Tangible book value per common share was $31.97 vs. $32.12 at previous quarter end. Q1 NII totaled $53.6M, up 2.8% from $52.2M in the previous quarter and up 25.3% from $42.8M last year. "Our Q1 marked an important step for Third Coast with the successful merger with Keystone. This transaction meaningfully increased our balance sheet and capabilities, and we're already seeing strong momentum across our loan pipelines and core markets. As we move through the year, we remain focused on executing on our strategic objectives, building deeper relationships with clients, and translating our expanded platform into sustainable growth and shareholder value," said CEO Bart Caraway.