Third Coast Bancshares (TCBX) Rent Expense (2020 - 2026)
Third Coast Bancshares (TCBX) posted quarterly Rent Expense of $3.3 million for Q1 2026, up 18.17% year-over-year from $2.8 million in Q1 2025, and up 17.72% quarter-over-quarter from $2.8 million in Q4 2025.
Third Coast Bancshares (TCBX) Rent Expense (2020 - 2026) Analysis & Trends
Third Coast Bancshares (TCBX) has reported Rent Expense for 7 consecutive years, with $3.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Rent Expense rose 18.17% year-over-year to $3.3 million; the TTM figure through Mar 2026 stood at $11.8 million (up 5.04% YoY), while the FY2025 annual figure was $11.3 million, up 2.07% from the prior year.
- Rent Expense improved to $3.3 million in Q1 2026 per TCBX's latest filing, from $2.8 million in the prior quarter.
- Across five years, Rent Expense topped out at $3.3 million in Q1 2026 and bottomed at $1.5 million in Q4 2023.
- Historically, Rent Expense has averaged $2.6 million across 5 years, with a median of $2.8 million in 2024.
- Annual changes were most pronounced in 2023 — Rent Expense tumbled 40.64% — and 2024, when it jumped 85.7%.
- Third Coast Bancshares' Rent Expense stood at $2.6 million in 2022, then sank by 40.64% to $1.5 million in 2023, then surged by 85.7% to $2.9 million in 2024, then retreated by 0.39% to $2.8 million in 2025, then gained by 17.72% to $3.3 million in 2026.
- Business Quant data shows TCBX's Rent Expense at $3.3 million in Q1 2026, $2.8 million in Q4 2025, and $2.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Third Coast Bancshares | 750.92 Mn | 173.47 Mn | - | 3.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.26 Mn |
| Jun 30, 2026 | 3.26 Mn |
| Mar 31, 2026 | 3.35 Mn |
| Mar 31, 2026 | 3.35 Mn |
| Dec 31, 2025 | 2.85 Mn |
| Dec 31, 2025 | 2.85 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Sep 30, 2025 | 2.86 Mn |
| Jun 30, 2025 | 2.78 Mn |
| Jun 30, 2025 | 2.78 Mn |
| Mar 31, 2025 | 2.83 Mn |
| Mar 31, 2025 | 2.83 Mn |
| Dec 31, 2024 | 2.86 Mn |
| Dec 31, 2024 | 2.86 Mn |
| Sep 30, 2024 | 2.82 Mn |
| Sep 30, 2024 | 2.82 Mn |
| Jun 30, 2024 | 2.76 Mn |
| Jun 30, 2024 | 2.76 Mn |
| Mar 31, 2024 | 3.05 Mn |
| Mar 31, 2024 | 3.05 Mn |