Texas Community Bancshares, Inc. (NASDAQ:TCBS) Director Anthony Scavuzzo Acquires 2,807 Shares

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

Texas Community Bancshares Stock Down 0.7 %

Shares of NASDAQ:TCBS traded down $0.11 during trading on Wednesday, reaching $15.16. 890 shares of the company traded hands, compared to its average volume of 2,945. The firm has a fifty day simple moving average of $14.93 and a 200 day simple moving average of $14.53. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.20. Texas Community Bancshares, Inc. has a 1-year low of $12.61 and a 1-year high of $15.29. The firm has a market cap of $47.30 million, a P/E ratio of -21.51 and a beta of 0.01.

Texas Community Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 26th. Investors of record on Thursday, December 12th will be given a dividend of $0.04 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.16 dividend on an annualized basis and a yield of 1.06%. Texas Community Bancshares’s payout ratio is -22.53%.

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.