Third Coast Bancshares Declares $17.25 Quarterly Preferred Dividend

What Happened
Third Coast Bancshares, Inc. (TCBX) filed an 8-K on September 17, 2026, announcing that its Board declared a quarterly cash dividend of $17.25 per share on its 6.75% Series A Convertible Non‑Cumulative Preferred Stock. The dividend is payable October 15, 2026, to holders of record at the close of business on September 30, 2026. The press release announcing the declaration is attached as Exhibit 99.1 to the filing.

Key Details

• Dividend amount: $17.25 per share on 6.75% Series A Convertible Non‑Cumulative Preferred Stock.
• Record date: September 30, 2026.
• Payment date: October 15, 2026.
• Filing date: Form 8‑K filed September 17, 2026; press release included as Exhibit 99.1.

Why It Matters
This declaration confirms a scheduled cash distribution to holders of TCBX’s Series A preferred shares, providing income to preferred shareholders and signaling the company’s ability to make the preferred dividend for the quarter. Retail investors holding (or considering buying) the Series A preferred should note the key dates (record and payment) for eligibility and cash receipt. The filing is informational and does not report changes to earnings, management, or capital structure beyond the dividend declaration.