earnings
confidence high
sentiment positive
materiality 0.70
TCBS Q1 net income $643K vs year-ago loss; EPS $0.22; board authorizes 5% buyback
Texas Community Bancshares, Inc.
2025-Q1 EPS reported
$0.22
- Net income of $643,000 ($0.22 diluted EPS) vs net loss of $2.7M in Q1 2024; fourth consecutive quarterly increase.
- Net interest income rose 12.3% to $3.3M; net interest margin expanded 45 bps to 3.24% from 2.79%.
- Noninterest income swung to +$462K from -$3.6M, helped by completion of 2024 balance sheet restructuring.
- Board authorized new stock repurchase program for up to 5% of outstanding common shares.
- Broadstreet Bank remains well-capitalized with community bank leverage ratio of 11.09%.