Texas Community Bancshares (NASDAQ:TCBS - Get Free Report) announced its earnings results on Thursday. The company reported $0.16 earnings per share (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%. The firm had revenue of $3.93 million for the quarter.
Texas Community Bancshares Price Performance
Shares of TCBS traded down $0.19 during trading hours on Wednesday, hitting $16.05. 939 shares of the company were exchanged, compared to its average volume of 3,445. 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 has a fifty-two week low of $13.51 and a fifty-two week high of $17.50. The company has a market cap of $50.01 million, a price-to-earnings ratio of -22.61 and a beta of -0.01. The firm's fifty day moving average is $16.07 and its 200 day moving average is $15.36.
Texas Community Bancshares Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Monday, March 10th were issued a $0.04 dividend. The ex-dividend date was Monday, March 10th. This represents a $0.16 annualized dividend and a yield of 1.00%. Texas Community Bancshares's dividend payout ratio is presently -36.36%.
About Texas Community Bancshares
(
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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.
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