Texas Community Bancshares, Inc. (NASDAQ:TCBS) Director Buys $42,105.00 in Stock

Texas Community Bancshares, Inc. (NASDAQ:TCBS) Director Anthony Scavuzzo bought 2,807 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average price of $15.00 per share, with a total value of $42,105.00. Following the completion of the acquisition, the director now owns 86,065 shares of the company’s stock, valued at $1,290,975. This trade represents a 3.37 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Texas Community Bancshares Stock Performance

NASDAQ TCBS opened at $15.19 on Friday. The company has a fifty day moving average of $14.94 and a two-hundred day moving average of $14.53. The company has a market capitalization of $47.33 million, a PE ratio of -21.39 and a beta of 0.01. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.95 and a quick ratio of 0.95. Texas Community Bancshares, Inc. has a 1 year low of $12.65 and a 1 year high of $15.29.

Texas Community Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 26th. Stockholders of record on Thursday, December 12th will be paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Thursday, December 12th. Texas Community Bancshares’s dividend payout ratio (DPR) is presently -22.54%.

Texas Community Bancshares Company Profile

Texas Community Bancshares, Inc operates as the bank holding company for Mineola Community Bank, S.S.B. that provides loans and banking services to consumers and commercial customers in Mineola, Texas and the surrounding area, and the Dallas Fort Worth Metroplex. It generates a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit, and individual retirement accounts.