Stock Analysis

Texas Community Bancshares Third Quarter 2023 Earnings: EPS: US$0.15 (vs US$0.18 in 3Q 2022)

NasdaqCM:TCBS
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Texas Community Bancshares (NASDAQ:TCBS) Third Quarter 2023 Results

Key Financial Results

  • Revenue: US$3.41m (up 6.4% from 3Q 2022).
  • Net income: US$456.0k (down 15% from 3Q 2022).
  • Profit margin: 13% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses.
  • EPS: US$0.15 (down from US$0.18 in 3Q 2022).
earnings-and-revenue-history
NasdaqCM:TCBS Earnings and Revenue History November 14th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Texas Community Bancshares shares are up 1.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Texas Community Bancshares (1 makes us a bit uncomfortable!) that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if Texas Community Bancshares might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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About NasdaqCM:TCBS

Texas Community Bancshares

Operates as the bank holding company for Broadstreet Bank, SSB that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex.

Flawless balance sheet very low.