$TCBX·8-K

Third Coast Bancshares, Inc. · Jun 18, 4:30 PM ET

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Third Coast Bancshares, Inc. 8-K

Research Summary

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Updated

Third Coast Bancshares Declares $17.0625 Dividend on Series A Preferred

What Happened

  • Third Coast Bancshares, Inc. announced on June 18, 2026 that its Board declared a quarterly cash dividend of $17.0625 per share on the company’s 6.75% Series A Convertible Non‑Cumulative Preferred Stock. The dividend is payable July 15, 2026 to holders of record at the close of business on June 30, 2026. The company filed a press release (Exhibit 99.1) as part of the Form 8‑K.

Key Details

  • Declared date: June 18, 2026 (Board declaration announced via press release).
  • Dividend amount: $17.0625 per share.
  • Security: 6.75% Series A Convertible Non‑Cumulative Preferred Stock.
  • Record date / Payable date: record date June 30, 2026; payable July 15, 2026.
  • Filing: Form 8‑K filed June 18, 2026; press release attached as Exhibit 99.1 (includes forward‑looking cautionary language).

Why It Matters

  • This announcement is material for holders of the Series A preferred shares because it specifies the exact cash dividend and payment timing they will receive. For other investors, it signals a scheduled cash outflow tied to preferred‑share obligations but does not report changes to earnings or management. The filing simply documents the Board’s declared dividend and provides the official dates and amount.

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