Third Coast Bancshares, Inc. Announces Sale of Third Coast Commercial Capital, Inc. Assets
Third Coast Bancshares sold substantially all assets of its subsidiary Third Coast Commercial Capital to Gulf Coast Bank & Trust Company for approximately $27.5 million. The transaction, effective June 25, 2026, resulted in a gain of $3.5 million and includes a structured ongoing revenue share.
Key figures
- Deal Value Usd
- $27.5 million
- Gain on sale
- $3.5 million
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