Texas Community Bancshares (NASDAQ:TCBS) Posts Earnings Results

Texas Community Bancshares (NASDAQ:TCBS) released its quarterly earnings results on Thursday. The company reported $0.16 earnings per share for the quarter, Zacks reports. The business had revenue of $3.93 million during the quarter. Texas Community Bancshares had a negative return on equity of 4.11% and a negative net margin of 10.81%.

Texas Community Bancshares Stock Up 1.4 %

Shares of NASDAQ:TCBS opened at $16.26 on Friday. The company has a market cap of $50.65 million, a price-to-earnings ratio of -22.89 and a beta of -0.01. Texas Community Bancshares has a 12 month low of $13.51 and a 12 month high of $17.50. The company has a 50-day moving average price of $16.04 and a 200 day moving average price of $15.33. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.20.

Texas Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a $0.04 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.98%. Texas Community Bancshares’s dividend payout ratio (DPR) is presently -22.54%.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.