Third Coast Bancshares, Inc. (TCBX) vs Washington Trust Bancorp, Inc. (WASH)
Third Coast Bancshares, Inc. and Washington Trust Bancorp, Inc. are both Banks Regional companies. Third Coast Bancshares, Inc. and Washington Trust Bancorp, Inc. are of similar size ($738.6M and $713.0M). Third Coast Bancshares, Inc. trades at the lower P/E: 9.2× against 13.4×. Washington Trust Bancorp, Inc. grew revenue faster over the last twelve months: 24.9% against 16.9%. Third Coast Bancshares, Inc. has the higher net margin (17.1% vs 14.5%) and the higher return on invested capital (21.9% vs 4.90%). Across the 19 metrics below, Third Coast Bancshares, Inc. leads on 12 and Washington Trust Bancorp, Inc. on 7.
Valuation
Profitability
| Metric | TCBX | WASH | Banks Regional median |
|---|---|---|---|
| Gross margin | 58.05% | 61.25% | 69.57% |
| Operating margin | 0.00% | 0.00% | 0.00% |
| Net margin | 17.07% | 14.50% | 18.66% |
| Free cash flow margin | 3.87% | 25.09% | 21.18% |
| Return on equity | 11.92% | 10.25% | 10.64% |
| Return on assets | 1.19% | 0.83% | 1.13% |
| Return on invested capital | 21.87% | 4.90% | 8.33% |
Growth
Health
Dividend
Size
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