Third Coast Bancshares (FRA:GL0) Selling, General, & Admin. Expense: €74.0 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:GL0 Third Coast Bancshares Inc FRA:GL0
40 GF Score
Price €34.80
GF Value €31.71
Valuation Fairly Valued
! 4 Warning Signs
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What is Third Coast Bancshares Selling, General, & Admin. Expense?

Third Coast Bancshares FRA:GL0 -1.69% 40 Selling, General, & Admin. Expense is €74.0 Mil as of Mar. 2026. GuruFocus rates FRA:GL0 with a GF Score™ of 40/100 and a GF Value™ of €31.71 (Fairly Valued). The stock has 4 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Third Coast Bancshares's selling, general, & admin. expense for the three months ended in Mar. 2026 was €22.0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €74.0 Mil.


Third Coast Bancshares  (FRA:GL0) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Third Coast Bancshares Selling, General, & Admin. Expense Related Terms


Third Coast Bancshares Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Third Coast Bancshares's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Third Coast Bancshares Selling, General, & Admin. Expense Chart

Third Coast Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 44.72 55.15 59.46 63.82 67.75

Third Coast Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.34 16.20 17.09 18.65 22.01

FRA:GL0 vs AROW, HIFS, PFIS: Selling, General, & Admin. Expense Comparison

For the Banks - Regional subindustry, Third Coast Bancshares's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Third Coast Bancshares Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, Third Coast Bancshares's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Third Coast Bancshares's Selling, General, & Admin. Expense falls into.


FRA:GL0
40GF Score
Third Coast Bancshares Inc FRA:GL0
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Third Coast Bancshares Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €74.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of €74.0 Mil mean?
Third Coast Bancshares (FRA:GL0) has a Selling, General, & Admin. Expense of €74.0 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Third Coast Bancshares and its competitors.
Is Third Coast Bancshares' Selling, General, & Admin. Expense too high?
Third Coast Bancshares' current Selling, General, & Admin. Expense is €74.0 Mil. Overall, Third Coast Bancshares has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Third Coast Bancshares' Selling, General, & Admin. Expense compare to AROW and HIFS?
Third Coast Bancshares' Selling, General, & Admin. Expense of €74.0 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Third Coast Bancshares and its competitors. Third Coast Bancshares's current Selling, General, & Admin. Expense is €74.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Coast Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Third Coast Bancshares (FRA:GL0) is currently considered Fairly Valued. The stock's GF Value™ is €31.71, compared to a current price of €34.80 — trading 9.7% above its estimated fair value. The current Selling, General, & Admin. Expense is €74.0 Mil. Third Coast Bancshares' overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Third Coast Bancshares (FRA:GL0), the current Selling, General, & Admin. Expense is €74.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Third Coast Bancshares (FRA:GL0) Overvalued in 2026?

Based on GuruFocus' analysis, Third Coast Bancshares stock appears to be overvalued. The current stock price of €34.80 is trading 9.7% above its estimated GF Value™ of €31.71. GuruFocus considers Third Coast Bancshares to be Fairly Valued.

Key valuation signals for FRA:GL0:

  • Selling, General, & Admin. Expense: €74.0 Mil
  • GF Value™: €31.71 vs. price of €34.80 (9.7% above fair value)
  • GF Score™: 40/100 with 4 warning signs

No single metric tells the full story. See the FRA:GL0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Third Coast Bancshares Business Description

Other Exchanges TCBX:USA
Address 20202 Highway 59 North, Suite 190, Humble, TX, USA, 77338
Third Coast Bancshares Inc is a bank holding company. It focuses on providing commercial banking solutions to small and medium-sized businesses and professionals with operations in its markets. The bank operates twenty branches in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets, one branch in Ballinger, Texas, and one branch in Detroit, Texas. The company operates through one segment, community banking, It generates the majority of its revenue from interest on loans, customer service, and loan fees.
40GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€34.80
Price
€31.71
GF Value