Texas Community Bancshares (NASDAQ:TCBS – Get Free Report) announced its earnings results on Tuesday. The company reported $0.19 EPS for the quarter, Zacks reports. The company had revenue of $4.00 million for the quarter. Texas Community Bancshares had a return on equity of 5.84% and a net margin of 12.32%.
Texas Community Bancshares Stock Performance
Shares of Texas Community Bancshares stock opened at $17.35 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.96 and a quick ratio of 0.96. The firm has a market cap of $49.79 million, a P/E ratio of 14.97 and a beta of -0.01. The firm has a 50 day simple moving average of $17.20 and a 200 day simple moving average of $17.18. Texas Community Bancshares has a fifty-two week low of $15.72 and a fifty-two week high of $20.00.
Texas Community Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were issued a $0.06 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.4%. Texas Community Bancshares’s dividend payout ratio (DPR) is currently 19.83%.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Community Bancshares in a report on Thursday, October 15th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, Texas Community Bancshares presently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on TCBS
About Texas Community Bancshares
Texas Community Bancshares, Inc. (NASDAQ: TCBS) is a bank holding company headquartered in Mineola, Texas. The company operates through its wholly owned subsidiary, Mineola Community Bank, SSB, a community-oriented financial institution serving customers in East Texas. Mineola Community Bank provides traditional banking products and services for individuals, families, farmers, and businesses. Its offerings include deposit accounts, consumer and commercial loans, mortgage lending, agricultural financing, and digital banking services.
See Also
- Five stocks we like better than Texas Community Bancshares
- Palantir’s Real Washington Risk Isn’t the Budget—It’s Oversight
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
Receive News & Ratings for Texas Community Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Texas Community Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
