TEXAS COMMUNITY BANCSHARES, INC. REPORTS UNAUDITED FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023 [Yahoo! Finance]
Texas Community Bancshares, Inc. (TCBS)
Company Research
Source: Yahoo! Finance
holding company for Broadstreet Bank, SSB, today reported a net loss of for the year ended December 31, 2023 , compared to net income of for 2022. Losses per basic and diluted share for the year ended December 31, 2023 were , compared to basic and diluted earnings per share of for 2022. Texas Community Bancshares' President and Chief Executive Officer (CEO) Jason Sobel said, "Texas Community Bancshares 2023 loss was in a year of extraordinary internal changes, including strategic balance sheet realignment, retirement of the former CEO, a change in the bank name, and branch growth. Securities sales of $19.8 million in 2023, resulting in a loss of $1.4 million , net of tax, and the origination of more commercial loans are part of a concentrated effort initiated in 2023 to reshape Broadstreet Bank's balance sheet to enhance future earnings." "As we enter into 2024, we believe we are more flexible and better positioned to capitalize on opportunities with the changes that were initiate
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News
- Do These 3 Checks Before Buying Texas Community Bancshares, Inc. (NASDAQ:TCBS) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Texas Community Bancshares, Inc. Declares Dividend IncreasePR Newswire
- TEXAS COMMUNITY BANCSHARES, INC. REPORTS UNAUDITED FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023PR Newswire
TCBS
Sec Filings
- 4/18/24 - Form DEF
- 3/27/24 - Form 10-K
- 2/29/24 - Form 4
- TCBS's page on the SEC website