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

Texas Community Bancshares, Inc. (NASDAQ:TCBS) announced 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 of this dividend is Tuesday, September 8th.

Texas Community Bancshares Stock Up 1.3%

Shares of Texas Community Bancshares stock opened at $17.67 on Wednesday. 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 50-day moving average of $17.58 and a 200 day moving average of $17.17. The firm has a market cap of $50.71 million, a price-to-earnings ratio of 14.62 and a beta of -0.03. Texas Community Bancshares has a 1 year low of $15.72 and a 1 year high of $20.00.

Texas Community Bancshares (NASDAQ:TCBS) 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 net margin of 12.68% and a return on equity of 6.14%. The company had revenue of $4.41 million during the quarter.

About Texas Community Bancshares

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.