Tectonic Financial, Inc. financial data

Symbol
TECTP on Nasdaq
Industry
State Commercial Banks
Location
16200 Dallas Parkway, Suite 190, Dallas, TX
State of incorporation
Texas
Fiscal year end
December 31
Former names
T Acquisition, Inc. (to 4/18/2019)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 565 % +7.08%
Return On Equity 12.7 % -20.9%
Return On Assets 1.91 % -25.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.07M shares +0.1%
Common Stock, Shares, Outstanding 7.08M shares +0.18%
Entity Public Float 0 USD
Common Stock, Value, Issued 72K USD +1.41%
Weighted Average Number of Shares Outstanding, Basic 7.08M shares +0.24%
Weighted Average Number of Shares Outstanding, Diluted 7.24M shares -0.72%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 17.1M USD -14.8%
Income Tax Expense (Benefit) 3.41M USD -21.1%
Net Income (Loss) Attributable to Parent 13.7M USD -13%
Earnings Per Share, Basic 1.73 USD/shares -13.5%
Earnings Per Share, Diluted 1.67 USD/shares -13.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Marketable Securities, Current 317K USD +217%
Deferred Income Tax Assets, Net 1.18M USD +21.9%
Property, Plant and Equipment, Net 4.84M USD +0.58%
Operating Lease, Right-of-Use Asset 2.2M USD 0%
Intangible Assets, Net (Excluding Goodwill) 254K USD -45.3%
Goodwill 21.4M USD 0%
Assets 777M USD +24.9%
Liabilities 667M USD +28.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.82M USD +14.3%
Retained Earnings (Accumulated Deficit) 62.9M USD +17.9%
Stockholders' Equity Attributable to Parent 110M USD +8.59%
Liabilities and Equity 777M USD +24.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.16M USD -202%
Net Cash Provided by (Used in) Financing Activities 92.6M USD +533%
Net Cash Provided by (Used in) Investing Activities -21.7M USD -233%
Common Stock, Shares Authorized 40M shares 0%
Common Stock, Shares, Issued 7.19M shares +1.3%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 67.8M USD +99%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 68.3M USD +50.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6.67M USD +72%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 2.3M USD +23.6%
Operating Lease, Liability 2.29M USD +0.35%
Payments to Acquire Property, Plant, and Equipment 151K USD -28.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 14M USD -8.93%
Lessee, Operating Lease, Liability, to be Paid 2.58M USD -1.79%
Property, Plant and Equipment, Gross 6.2M USD +5.92%
Lessee, Operating Lease, Liability, to be Paid, Year Two 769K USD +16.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 367K USD +103%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -67K USD +83.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 282K USD -16.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 509K USD -25%
Lessee, Operating Lease, Liability, to be Paid, Year Four 228K USD -45.7%
Additional Paid in Capital 51.3M USD +0.67%
Amortization of Intangible Assets 211K USD +0.96%
Deferred Tax Assets, Net of Valuation Allowance 1.2M USD +24.1%
Share-based Payment Arrangement, Expense 20K USD
Interest Expense 25.8M USD +108%