Texas Community Bancshares, Inc. (NASDAQ:TCBS) insider Sheree A. Mize sells 1,303 shares

Sheree A. Mize, an insider at Texas Community Bancshares, Inc. (NASDAQ:TCBS – Get Free Report ) sold 1,303 shares of the company's stock on Thursday, June 6. The shares were sold at an average price of $14.22, for a total transaction of $18,528.66. Following the completion of the transaction, the insider now owns 15,212 shares of the company's stock, valued at $216,314.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Price development of Texas Community Bancshares

TCBS stock opened at $14.33 on Tuesday. The company has a debt-to-equity ratio of 1.49, a cash-to-equity ratio of 2nd degree of 0.90 and a cash-to-equity ratio of 3rd degree of 0.95. The company's 50-day simple moving average is $14.22 and its 200-day simple moving average is $13.95. Texas Community Bancshares, Inc. has a 52-week low of $11.78 and a 52-week high of $15.24.

Texas Community Bancshares (NASDAQ:TCBS – Free Report) last announced its quarterly earnings results on Monday, May 13. The company reported earnings per share (EPS) of -$0.89 for the quarter. The company posted revenue of -$0.60 million during the quarter. Texas Community Bancshares had a negative return on equity of 4.51% and a negative net margin of 13.16%.

Texas Community Bancshares announces dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will receive a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents an annualized dividend of $0.16 and a yield of 1.12%. Texas Community Bancshares' payout ratio is -20.00%.

Institutional investors comment on Texas Community Bancshares

An institutional investor recently increased its position in shares of Texas Community Bancshares. Oppenheimer & Close LLC increased its position in shares of Texas Community Bancshares, Inc. (NASDAQ:TCBS – Free Report) by 117.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,485 shares of the company's stock after purchasing an additional 29,485 shares during the period. Oppenheimer & Close LLC owned about 1.70% of Texas Community Bancshares worth $702K at the end of the most recent quarter. 15.83% of the shares are owned by institutional investors.

Texas Community Bancshares Company Profile

(Get free report)

Texas Community Bancshares, Inc. serves as the bank holding company for Mineola Community Bank, SSB, which provides loans and banking services to individuals and businesses in Mineola, Texas and the surrounding areas and the greater Dallas Fort Worth area. It offers a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit and individual retirement accounts.

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Insider Buying and Selling by Quarter for Texas Community Bancshares (NASDAQ:TCBS)

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