Third Coast Bancshares Announces Sale of Commercial Capital Assets

Third Coast Bancshares, Inc. has completed the sale of substantially all assets from its subsidiary Third Coast Commercial Capital to Gulf Coast Bank & Trust Company for $27.5 million in total consideration and a gain of $3.5 million. The transaction allows the company to monetize an existing portfolio while maintaining a strategic partnership with Gulf Coast.

By Third Coast Bancshares · PR Newswire · July 13, 2026, 12:00 UTC

Tickers: $TCBX

Topics: Asset sale Commercial capital division Strategic partnership

Read the full article at PR Newswire

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