Heritage Financial (HFWA) vs Third Coast Bancshares (TCBX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Heritage Financial (HFWA) has outperformed Third Coast Bancshares (TCBX) over the past year, gaining 15.5% versus a gain of 7.6%. Heritage Financial is the larger company by market cap ($1.12 billion vs $688.3 million), about 1.6 times the size. On valuation, Third Coast Bancshares trades at a lower forward P/E (9.6x vs 10.4x for Heritage Financial).
Heritage Financial pays a dividend yielding 3.51%, while Third Coast Bancshares does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HFWA | TCBX |
|---|---|---|
| Share price | $27.32 | $41.33 |
| Market cap | $1.12B | $688.27M |
| 1-day change | -0.91% | -1.07% |
| YTD return | +16.58% | +9.89% |
| 1-year return | +15.45% | +7.63% |
| 5-year return | +11.17% | — |
| P/E ratio (TTM) | 13.01 | 10.28 |
| Forward P/E | 10.37 | 9.65 |
| EPS (TTM) | $2.10 | $4.02 |
| Dividend yield | 3.51% | 0.00% |
| Annual dividend | $0.96 | $0.00 |
| 52-week high | $31.25 | $46.36 |
| 52-week low | $21.32 | $35.73 |
| Distance from 52-week high | -12.58% | -10.85% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +18.59% | +16.49% |
| Average volume | 404.22K | 109.19K |
| Shares outstanding | 40.92M | 16.65M |
| Employees | 976 | 477 |
| Sector | Finance | Finance |
| Industry | Banks | Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Heritage Financial trades at a higher earnings multiple (13.0x vs 10.3x trailing P/E).
- Heritage Financial offers a meaningfully higher dividend yield (3.51% vs 0.00%).
About Heritage Financial
HFWA stock →Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.
Finance · Banks · 976 employees
About Third Coast Bancshares
TCBX stock →Third Coast Bancshares, Inc. operates as the bank holding company for Third Coast Bank that provides various commercial banking solutions to small and medium-sized businesses and professionals in Texas, the United States.
Finance · Banks · 477 employees
HFWA vs TCBX FAQ
Which is bigger, Heritage Financial or Third Coast Bancshares?
Heritage Financial (HFWA) is larger, with a market capitalization of $1.12B compared with $688.27M for Third Coast Bancshares (TCBX).
Which stock has performed better over the past year, HFWA or TCBX?
HFWA returned +15.45% over the past 12 months, compared with +7.63% for TCBX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HFWA or TCBX?
TCBX has the lower trailing P/E at 10.3, versus 13.0 for HFWA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Heritage Financial or Third Coast Bancshares?
Heritage Financial pays a dividend yielding 3.51%, while Third Coast Bancshares does not currently pay a regular dividend.
Are Heritage Financial and Third Coast Bancshares in the same industry?
Yes. Both are classified in the Banks industry within the Finance sector.