Tectonic Financial Inc   (TECTP)
Other Ticker:  
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
Price: $10.3900 $-0.01 -0.096%
Day's High: $10.39 Week Perf: 0.00
Day's Low: $ 10.39 30 Day Perf: 1.46 %
Volume (M): 0 52 Wk High: $ 11.68
Volume (M$): $ 1 52 Wk Avg: $10.16
Open: $10.39 52 Wk Low: $9.80

 Market Capitalization (Millions $) 76
 Shares Outstanding (Millions) 7
 Employees -
 Revenues (TTM) (Millions $) 66
 Net Income (TTM) (Millions $) 15
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 0

Tectonic Financial Inc
Tectonic Financial Inc is a financial institution that provides various financial services such as banking, loans, investments, insurance, and financial planning to individuals and businesses. They aim to help clients achieve their financial goals by offering personalized solutions and expert advice. Tectonic Financial Inc has a strong reputation in the industry for its customer-centric approach, reliability, and innovative financial products.

   Company Address: 16200 Dallas Parkway, Suite 190 Dallas 75248 TX
   Company Phone Number: 720 - 9000   Stock Exchange / Ticker: NASDAQ TECTP


Stock Performances by Major Competitors

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Tectonic Financial Inc

Regional Banks Hit Hard: Income Plummets in Q3 2023

Tectonic Financial Inc, a regional bank company, experienced a slight increase in revenue growth of 1.536% in the third quarter of 2023, compared to the same period the previous year. However, this growth was not sufficient to prevent a significant decrease in income of -7.14%. Despite this income reduction, Tectonic Financial Inc still outperformed its competitors in the regional banks sector, as the rest of the sector reported only 1.10% revenue growth during the same time frame.
During the third quarter of 2023, Tectonic Financial Inc's revenue totaled $16.73 million, with an EPS (earnings per share) of $0.52. This represents a notable improvement from the preceding reporting period, where EPS increased by 44.44% from $0.36 per share and revenue grew by 7.485% from $15.56 million. However, net profits in the third quarter of 2023 decreased by -6.52% to $4.170 million, compared to $4.461 million in the corresponding period the previous year.

Tectonic Financial Inc

Tectonic Financial Inc Faces Declining EPS and Revenue as Weak Demand Weighs on Success

Tectonic Financial Inc, a prominent player in the Regional Banks industry, recently released its financial results for the most recent fiscal period. The report indicates a decline in revenue and earnings compared to the same period last year. This article will examine the implications of these results and discuss how they might impact the company's future prospects.
Declining EPS and Revenue:
Tectonic Financial Inc reported a significant decrease in earnings per share (EPS), with a drop of -38.98% to $0.36 per share. This decline was primarily attributed to a year-on-year revenue decrease of -9.47% to $15.56 million. In contrast, the Regional Banks industry as a whole experienced a revenue gain of 15.00% during the corresponding period in the second quarter of 2023.


Tectonic Financial Inc's Segments
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