Third Coast Bank's $60 Million Deal with Syntrio Solutions LLC to Propel Fiber Network Expansion
Third Coast Bancshares, Inc. (TCBX)
Company Research
Source: PR Newswire
HOUSTON, Sept. 16, 2024 /PRNewswire/ -- Third Coast Bank (the "Bank," "Third Coast," "we," "us," or "our"), a wholly owned subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX), is pleased to announce today the successful completion of a New Syndicated Senior Credit Facility led by the Bank's Corporate Banking team. Surpassing the initial $50 million fundraising goal, strong interest from potential lenders led to oversubscription, increasing the senior credit facility to $60 million for Syntrio Solutions LLC. Syntrio specializes in delivering exceptional high-speed internet and advanced technology services to underserved communities and new markets across North Texas and Southern Oklahoma.Kirk Petty, CEO of Syntrio Solutions, conveyed his appreciation for the deal, remarking, "We are grateful for Third Coast Bank's trust in our vision. This funding will empower us to implement our plans and create a tangible impact on individuals and businesses. We look forward to a successful co
Show less
Read more
Impact Snapshot
Event Time:
TCBX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCBX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCBX alerts
High impacting Third Coast Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
TCBX
News
- Are You Looking for a Top Momentum Pick? Why Third Coast Bancshares, Inc. (TCBX) is a Great Choice [Yahoo! Finance]Yahoo! Finance
- Morgan Stanley sees more downside risk for Boeing stock [Yahoo! Finance]Yahoo! Finance
- Is Now The Time To Put Third Coast Bancshares (NASDAQ:TCBX) On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- Third Coast Bancshares GAAP EPS of $0.74 beats by $0.20, revenue of $42.9M beats by $1.23M [Seeking Alpha]Seeking Alpha
- THIRD COAST BANCSHARES, INC. REPORTS 2024 THIRD QUARTER FINANCIAL RESULTSPR Newswire
TCBX
Earnings
- 10/23/24 - Beat
TCBX
Sec Filings
- 11/20/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form 4
- TCBX's page on the SEC website