Third Coast Bancshares, Inc. (TCBX)

Key Insights

• Third Coast Bancshares, Inc. (TCBX) is providing additional disclosures related to its merger with Keystone Bancshares, Inc. to address concerns raised by certain shareholders.
• The supplemental disclosures provide more details on the financial advisor's discounted cash flow analysis, including the terminal value multiples and adjusted net income figures used.
• The decision to make these additional disclosures is not expected to impact the merger consideration or the timing of the shareholder meetings for the proposed transaction.