Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Mar. 2026, Third Coast Bancshares has a Sloan Ratio of 9.24%, indicating the company is in the safe zone and there is no funny business with accruals.
Third Coast Bancshares (FRA:GL0) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Third Coast Bancshares has a Sloan Ratio of 9.24%, indicating the company is in the safe zone and there is no funny business with accruals.
Third Coast Bancshares Sloan Ratio % Related Terms
Third Coast Bancshares Sloan Ratio % Historical Data
* 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.
FRA:GL0 vs PFIS, WASH, RCBC: Sloan Ratio % Comparison
For the Banks - Regional subindustry, Third Coast Bancshares's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Banks Industry
For the Banks industry and Financial Services sector, Third Coast Bancshares's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Third Coast Bancshares's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Third Coast Bancshares's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Third Coast Bancshares's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 14.52 (Jun. 2025 ) + 15.385 (Sep. 2025 ) + 15.285 (Dec. 2025 ) + 14.158 (Mar. 2026 ) = €59.3 Mil.
Third Coast Bancshares's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 12.033 (Jun. 2025 ) + 17.675 (Sep. 2025 ) + 4.9 (Dec. 2025 ) + -33.475 (Mar. 2026 ) = €1.1 Mil.
Third Coast Bancshares's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -221.59 (Jun. 2025 ) + -93.297 (Sep. 2025 ) + -175.472 (Dec. 2025 ) + 22.262 (Mar. 2026 ) = €-468.1 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.
Third Coast Bancshares (FRA:GL0) has a Sloan Ratio % of 9.24% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Third Coast Bancshares and its competitors.
Is Third Coast Bancshares' Sloan Ratio % too high?
Third Coast Bancshares' current Sloan Ratio % is 9.24%. Overall, Third Coast Bancshares has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Third Coast Bancshares' Sloan Ratio % compare to PFIS and WASH?
Third Coast Bancshares' Sloan Ratio % of 9.24% 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 Sloan Ratio % for a Banks company?
A good Sloan Ratio % depends on the Banks industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Third Coast Bancshares and its competitors. Third Coast Bancshares's current Sloan Ratio % is 9.24%. 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 Modestly Overvalued. The stock's GF Value™ is €32.67, compared to a current price of €37.60 — trading 15.1% above its estimated fair value. The current Sloan Ratio % is 9.24%. Third Coast Bancshares' overall GF Score™ is 39/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Third Coast Bancshares (FRA:GL0), the current Sloan Ratio % is 9.24% 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 €37.60 is trading 15.1% above its estimated GF Value™ of €32.67.
GuruFocus considers Third Coast Bancshares to be Modestly Overvalued.
Key valuation signals for FRA:GL0:
Sloan Ratio %: 9.24%
GF Value™: €32.67 vs. price of €37.60 (15.1% above fair value)
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 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.
39GF Score
Get the complete analysis for FRA:GL0
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:GL0 has been successfully added to your 
