Texas Community Bancshares, Inc. (TCBS) to Distribute Quarterly Dividend of $0.06 on September 22nd

Texas Community Bancshares, Inc. (NASDAQ:TCBSGet Free Report) declared a quarterly dividend on Tuesday, August 25th. Investors of record on Tuesday, September 8th will be given a dividend of 0.06 per share on Tuesday, September 22nd. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Tuesday, September 8th.

Texas Community Bancshares Stock Performance

Shares of TCBS stock opened at $17.31 on Thursday. The business has a fifty day moving average of $17.59 and a 200 day moving average of $17.17. Texas Community Bancshares has a 1 year low of $15.72 and a 1 year high of $20.00. 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 capitalization of $49.68 million, a price-to-earnings ratio of 14.32 and a beta of -0.03.

Texas Community Bancshares (NASDAQ:TCBSGet Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.35 earnings per share for the quarter. The business had revenue of $4.41 million for the quarter. Texas Community Bancshares had a return on equity of 6.14% and a net margin of 12.68%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Texas Community Bancshares in a research report on Friday, July 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Texas Community Bancshares has an average rating of “Hold”.

Check Out Our Latest Report on TCBS

Texas Community Bancshares Company Profile

(Get Free Report)

Texas Community Bancshares, Inc (NASDAQ: TCBS) is the bank holding company for Texas Community Bank, a state-chartered commercial bank headquartered in Harlingen, Texas. Through its wholly owned banking subsidiary, the company delivers community banking services across the Rio Grande Valley region of South Texas, focusing on relationship-driven banking and locally empowered decision making.

The company’s core offerings include a broad range of deposit products—such as checking, savings and money market accounts—and consumer and commercial lending solutions.

See Also

Dividend History for Texas Community Bancshares (NASDAQ:TCBS)

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.