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Texas Community Bancshares inc (NASDAQ: TCBS) |
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Price: $15.5001
$0.03 
0.195%
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| Day's High:
| $15.5001
| Week Perf:
| 1.34 %
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| Day's Low: |
$ 15.23 |
30 Day Perf: |
2.04 % |
| Volume (M): |
7 |
52 Wk High: |
$ 15.63 |
| Volume (M$): |
$ 105 |
52 Wk Avg: |
$14.48 |
| Open: |
$15.23 |
52 Wk Low: |
$13.11 |
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| Market Capitalization (Millions $) |
47 |
| Shares
Outstanding (Millions) |
3 |
| Employees |
50 |
| Revenues (TTM) (Millions $) |
10 |
| Net Income (TTM) (Millions $) |
-2 |
| Cash Flow (TTM) (Millions $) |
5 |
| Capital Exp. (TTM) (Millions $) |
2 |
Texas Community Bancshares Inc
Texas Community Bancshares Inc is a company that operates as a bank holding company. It provides commercial banking services through its subsidiary, known as Texas Community Bank. The bank offers a range of financial products and services to individuals, small businesses, and corporate clients in Texas. These services include deposits, loans, online banking, treasury management, and other related services. Texas Community Bancshares Inc is headquartered in Laredo, Texas.
Company Address: 215 West Broad Street Mineola 75773 TX
Company Phone Number: 569-2602 Stock Exchange / Ticker: NASDAQ TCBS
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| Stock Performances by Major Competitors |
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| Texas Community Bancshares Inc
Date: April 2, 2024
Texas Community Bancshares Inc, the holding company for Broadstreet Bank, SSB, recently released its financial interval ending March 31, 2024, reporting an increased shortfall per share compared to the previous year. The company's financial performance for the first quarter of 2024 reveals signs of deteriorating profitability.
In Q1 2024, Texas Community Bancshares Inc witnessed a shortfall per share of $-0.89, a significant jump from the $-0.33 reported in the same period of the previous year. It is noteworthy that the company had successfully improved its performance during the prior reporting season when it achieved a shortfall per share of $-0.11.
Moreover, the net shortfall for Q1 2024 stood at $-2.685 million, illustrating a considerable increase from $-1.017 million in the corresponding period the previous year. This suggests that the company faced challenges in maintaining profitability during the first quarter of 2024.
The company's financial reports indicate that Texas Community Bancshares Inc experienced a net loss of $733,000 for the year ended December 31, 2023, compared to net income in previous years. This further points to the ongoing decrease in profitability for the company.
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| Texas Community Bancshares Inc
Texas Community Bancshares Inc has seen a rollercoaster of financial results in recent months. While the company reported a net loss of $733,000 for the year ended December 31, 2023, it has shown signs of improvement in the past few trading days. The solid gain of 6.03% in TCBS shares over the past five trading days is a positive sign for investors.
However, the drop in TCBS shares by 6.17% during March 2024 is a cause for concern. Despite this decline, TCBS shares are gaining momentum and are only 4.3% shy of their 52-week high. It will be interesting to see how the company navigates these fluctuations in the stock market.
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| Texas Community Bancshares Inc
Texas Community Bancshares Inc, a regional bank holding company, recently reported its earnings for the third quarter of 2023. While the company experienced revenue growth of 6.435% compared to the same period last year, its income per share fell by 16.67%. Despite this mixed performance, Texas Community Bancshares Inc's revenue advancement in the third quarter correlated favorably to its regional banking sector peers, who saw an overall business growth of 0.27% in the same period.
In the third quarter of 2023, the company's revenue increased by 10.977% from the prior period, and income per share grew by an impressive 200%. However, net earnings for the financial period of July to September 2023 decreased by 15.4% compared to the same period a year ago. As a result of its focus on improving sales, Texas Community Bancshares Inc's net margin eased to 13.38%. Moreover, the company's operating earnings also experienced a decline of 13.83%, squeezing its operating margin from 20.77% in the third quarter of 2022 to 16.82% in the third quarter of 2023.
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| Texas Community Bancshares Inc
The stock market has its fair share of ups and downs, and investors are constantly seeking new information to make informed decisions. In this regard, the recent earnings report from TCBS has provided mixed results. While there are conflicting numbers, some positive trends can still be observed, indicating potential growth opportunities for the company.
Firstly, let's focus on the revenue. TCBS experienced a remarkable 5.935% increase in revenue, reaching $3.07 million compared to $2.90 million in the previous year. This significant growth indicates a positive trajectory for the company's financial performance. Furthermore, it is worth noting that revenue doubled by a staggering 129.963% from $1.34 million in the previous period. Such tremendous growth is a strong indicator of rising demand, illustrating that TCBS is successfully capitalizing on market opportunities.
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| Texas Community Bancshares Inc
Texas Community Bancshares Inc, a banking company operating in the state of Texas, seems to be headed towards a rough patch. The company has recently reported a sharp decline in its revenue and earnings per share, coupled with a net deficit of over $1 million. These alarming figures are a cause for concern among stakeholders and investors, who have every reason to question the company's long-term sustainability.
The financial span ending March 31, 2023, saw Texas Community Bancshares Inc record a dismal $0.33 deficit per share, as opposed to $0.13 per share in the previous year. This represents a significant loss making trend and highlights the company's inability to generate profits for its shareholders. The earnings per share, which stood at $0.13 in the preceding financial reporting period, nosedived to a negative figure this year, posing a threat to shareholder value and confidence.
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| Per Share |
Current |
| Earnings (TTM) |
-0.71 $ |
| Revenues (TTM) |
3.28 $
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| Cash Flow (TTM) |
1.77 $ |
| Cash |
5.9 $
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| Book Value |
17.53 $
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| Dividend (TTM) |
0.16 $ |
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| Per Share |
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| Earnings (TTM) |
-0.71 $
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| Revenues (TTM) |
3.28 $ |
| Cash Flow (TTM) |
1.77 $ |
| Cash |
5.9 $
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| Book Value |
17.53 $ |
| Dividend (TTM) |
0.16 $ |
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