Texas Community Bancshares, Inc. (NASDAQ:TCBS) Declares $0.06 Quarterly Dividend

by · The Markets Daily

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

Texas Community Bancshares Stock Performance

Shares of TCBS opened at $17.67 on Wednesday. Texas Community Bancshares has a one year low of $15.72 and a one 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 company has a market capitalization of $50.71 million, a PE ratio of 14.62 and a beta of -0.03. The company’s fifty day moving average price is $17.58 and its 200 day moving average price is $17.17.

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

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.

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