Texas Community Bancshares (Texas Community Bancshares) Debt-to-Equity : 1.49 (As of Mar. 2024)

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What is Texas Community Bancshares Debt-to-Equity?

Texas Community Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Texas Community Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $76.53 Mil. Texas Community Bancshares's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $51.47 Mil. Texas Community Bancshares's debt to equity for the quarter that ended in Mar. 2024 was 1.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Texas Community Bancshares's Debt-to-Equity or its related term are showing as below:

TCBS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.96 Max: 1.49
Current: 1.49

During the past 5 years, the highest Debt-to-Equity Ratio of Texas Community Bancshares was 1.49. The lowest was 0.46. And the median was 0.96.

TCBS's Debt-to-Equity is ranked worse than
76.99% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs TCBS: 1.49

Texas Community Bancshares Debt-to-Equity Historical Data

The historical data trend for Texas Community Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Community Bancshares Debt-to-Equity Chart

Texas Community Bancshares Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.00

0.96

0.46

1.12

1.43

Texas Community Bancshares Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial													1.12	1.32	1.49	1.43	1.49

Competitive Comparison of Texas Community Bancshares's Debt-to-Equity

For the Banks - Regional subindustry, Texas Community Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Texas Community Bancshares's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texas Community Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Texas Community Bancshares's Debt-to-Equity falls into.

Texas Community Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Texas Community Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	76.896)	/	53.689
	=	1.43

Texas Community Bancshares's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	76.527)	/	51.471
	=	1.49

Texas Community Bancshares (NAS:TCBS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Texas Community Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Texas Community Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Texas Community Bancshares (Texas Community Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Community Bancshares Inc (NAS:TCBS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 West Broad Street, P.O. Box 410, Mineola, TX, USA, 75773

Website

https://www.mineolacb.com

Texas Community Bancshares Inc is a full service bank. The company's business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans.

Executives

Glen Thurman	director	215 WEST BROAD STREET, MINEOLA TX 75773
Jason Sobel	officer: Bank President	215 WEST BROAD STREET, MINEOLA TX 75773
Haskell Strange	officer: SVP and COO	215 WEST BROAD STREET, MINEOLA TX 75773
Kraig Yarbrough	officer: SVP	215 WEST BROAD STREET, MINEOLA TX 75773
Herlocker James H. Iii	director, officer: Chairman, President and CEO	215 WEST BROAD STREET, MINEOLA TX 75773
Clifton D. Bradshaw	director	215 WEST BROAD STREET, MINEOLA TX 75773
Sofia Gurrusquieta	officer: Compliance, BSA, CRA Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Sheree A. Mize	director, officer: Corporate Secretary	215 WEST BROAD STREET, MINEOLA TX 75773
Julie Sharff	officer: Chief Financial Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Brittany Bessonett	officer: SVP and Marketing Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Terri Baucum	officer: SVP & CLO	215 WEST BROAD STREET, MINEOLA TX 75773
Demethrius Boyd	director	215 WEST BROAD STREET, MINEOLA TX 75773
Anthony Scavuzzo	director	215 WEST BROAD STREET, MINEOLA TX 75773
Bryan Summerville	director	215 WEST BROAD STREET, MINEOLA TX 75773
Kerry Kindle	director	215 WEST BROAD STREET, MINEOLA TX 75773

Texas Community Bancshares (Texas Community Bancshares) Headlines

From GuruFocus

Texas Community Bancshares, Inc. Authorizes New Stock Repurchase Program

By PRNewswire • 11-14-2023

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By PRNewswire • 07-27-2023

Texas Community Bancshares, Inc. Adopts Stock Repurchase Program

By PRNewswire PRNewswire • 05-16-2023

Texas Community Bancshares, Inc. Declares Dividend Increase

By PRNewswire PRNewswire • 05-25-2023

Texas Community Bancshares, Inc. Announces Declaration of Quarterly Cash Dividend

By PRNewswire PRNewswire • 02-22-2023