StoneX raises target for Third Coast Bancshares stock to USD 56.00

Published on 10/14/2026 at 01:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

StoneX raised Third Coast Bancshares stock target to USD 56.00 from USD 54.00. The merger is USD 239.6 million, with results due October 21, 2026.

Merger scale and reporting dates

StoneX raised its Third Coast Bancshares target from USD 54.00 to USD 56.00 on October 8, 2026.
Third Coast Bancshares agreed to acquire Great Plains in a USD 239.6 million all-stock transaction on October 7, 2026.
Third Coast Bancshares will release third-quarter 2026 results on October 21, 2026, followed by a call on October 22, 2026.

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StoneX raised its price target for Third Coast Bancshares stock from USD 54.00 to USD 56.00 on October 8, 2026, while maintaining its Buy rating, according to Investing.com. The analyst action followed Third Coast's proposed USD 239.6 million all-stock acquisition of Great Plains Bancshares.

Three dated corporate steps

On September 30, 2026, Third Coast announced that it would report third-quarter 2026 results on October 21, 2026, with a conference call scheduled for October 22, 2026, according to Yahoo Finance.

On October 7, 2026, Third Coast announced the agreement to acquire Great Plains for USD 239.6 million in stock. The transaction calls for 5,570,352 new Third Coast shares and is expected to close in the first quarter of 2027, subject to regulatory and shareholder approvals, according to PR Newswire.

On October 8, 2026, StoneX increased its target from USD 54.00 to USD 56.00 and retained its Buy rating. The same report said the transaction would create near-term dilution to tangible book value per share, a counterweight to the projected expansion.

What does the merger add?

The proposed combination would give Third Coast entry into Oklahoma and lift the combined bank's projected assets to USD 9.0 billion. Third Coast expects its shareholders to own 78.00 percent of the combined company, while Great Plains shareholders would own 22.00 percent, according to PR Newswire. The ownership split matters because the deal is financed with shares rather than cash, leaving execution and approval risks central to the investment case.

Third Coast's second-quarter 2026 diluted earnings per share reached USD 1.08 versus USD 0.90 consensus, while revenue was USD 67.99 million versus USD 62.75 million expected, according to Investing.com. The net interest margin was 3.83 percent against a post-merger target of 3.75 percent, showing that operating performance was already part of the valuation discussion before the Great Plains deal.

Upcoming results set the next test

Third Coast will release its third-quarter 2026 results after the market closes on October 21, 2026. Management will discuss those figures on October 22, 2026, at 11:00 a.m. Eastern Time, according to Yahoo Finance. For investors, the report will provide the first scheduled operating checkpoint after the merger announcement and before the proposed 2027 closing.