On March 19, 2026, Third Coast Bancshares, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $16.875 per share on its 6.75% Series A Convertible Non-Cumulative Preferred Stock. This dividend is set to be payable on April 15, 2026, to shareholders who are on record as of the close of business on March 31, 2026. This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining a strong capital position. The dividend declaration is a positive signal of the company's financial health and operational stability, indicating that it continues to generate sufficient earnings to support shareholder returns. Investors and analysts will be closely monitoring the company's performance in the upcoming quarters to assess the sustainability of this dividend policy and its implications for future growth. The press release detailing this announcement has been made available as Exhibit 99.1, which includes cautionary language regarding forward-looking statements.
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