Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.0135036496350365 -0.00985401459854013 -0.0122262773722628
Stock impact report

EJF Capital Closes Securitization of a $100 Million Commercial Real Estate Loan Originated by Third Coast Bank [Yahoo! Finance]

Third Coast Bancshares, Inc. (TCBX) 
Company Research Source: Yahoo! Finance
billion of assets under management, today announced that it has completed a $100 million securitization transaction for Third Coast Bank, a Texas banking association and wholly owned bank subsidiary of Third Coast Bancshares, Inc. (NASDAQ: TCBX). On April 1, 2025, Third Coast Bank originated a $200 million revolving commercial real estate loan (the "Mortgage Loan") made to one of America's largest private investment firms focused on real estate development. The Mortgage Loan is secured by interests in a portfolio of eleven Residential Master Planned Communities under development located in the Houston, Dallas and Austin metropolitan areas of the State of Texas. Manny Friedman, Co-Founder and Co-Chief Executive Officer of EJF, said, "We are pleased to have structured and sponsored this transaction for Third Coast Bank. The transaction will help to reduce the bank's risk-weighted assets and diversify its on-balance sheet loan portfolio. EJF is proud to serve as a flexible capital so 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
Opt-in for TCBX alerts
Opt-in for
TCBX alerts

from News Quantified
Opt-in for
TCBX alerts

from News Quantified