Texas Community Bancshares (NASDAQ:TCBS) Releases Earnings Results

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

Texas Community Bancshares Stock Performance

NASDAQ TCBS opened at $16.26 on Friday. The firm has a market cap of $50.65 million, a P/E ratio of -22.89 and a beta of -0.01. Texas Community Bancshares has a 52-week low of $13.51 and a 52-week high of $17.50. The business’s 50-day moving average price is $16.04 and its 200 day moving average price is $15.33. The company has a quick ratio of 0.95, a current 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 paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.16 annualized dividend and a dividend yield of 0.98%. Texas Community Bancshares’s dividend payout ratio (DPR) is -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.