Tectonic Financial, Inc. financial data

Symbol
TECTP on Nasdaq
Industry
State Commercial Banks
Location
16200 Dallas Parkway, Suite 190, Dallas, TX
State of incorporation
TX
Fiscal year end
December 31
Former names
T Acquisition, Inc. (to 4/18/2019)
Latest financial report
10-Q - Q3 2024 - Nov 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 602 % +15.9%
Return On Equity 13 % -15.2%
Return On Assets 1.85 % -25%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 7.06M shares +0.41%
Common Stock, Shares, Outstanding 7.06M shares -0.09%
Entity Public Float 0 USD
Common Stock, Value, Issued 72K USD +1.41%
Weighted Average Number of Shares Outstanding, Basic 7.06M shares +0.01%
Weighted Average Number of Shares Outstanding, Diluted 7.22M shares -1%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 17.5M USD -11.7%
Income Tax Expense (Benefit) 3.21M USD -25.9%
Net Income (Loss) Attributable to Parent 14.3M USD -7.68%
Earnings Per Share, Basic 1.78 USD/shares -9.18%
Earnings Per Share, Diluted 1.73 USD/shares -8.95%

Balance Sheet

Label TTM Value / Value Unit Change %
Marketable Securities, Current 317K USD +217%
Deferred Income Tax Assets, Net 1.11M USD +10.9%
Property, Plant and Equipment, Net 4.79M USD -0.81%
Operating Lease, Right-of-Use Asset 2M USD -23.1%
Intangible Assets, Net (Excluding Goodwill) 201K USD -51.2%
Goodwill 21.4M USD 0%
Assets 848M USD +34.7%
Liabilities 735M USD +40.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.25M USD +48.1%
Retained Earnings (Accumulated Deficit) 66.4M USD +17.2%
Stockholders' Equity Attributable to Parent 113M USD +7.57%
Liabilities and Equity 848M USD +34.7%

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 103M USD +115%
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 2.14M USD -19.9%
Payments to Acquire Property, Plant, and Equipment 151K USD -28.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 15.4M USD -1.08%
Lessee, Operating Lease, Liability, to be Paid 2.4M USD -25.2%
Property, Plant and Equipment, Gross 6.2M USD +5.92%
Lessee, Operating Lease, Liability, to be Paid, Year Two 769K USD +13.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 190K USD -41.7%
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 258K USD -51.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 509K USD -33.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 228K USD -55.2%
Additional Paid in Capital 50M USD -2.14%
Amortization of Intangible Assets 211K USD +0.48%
Deferred Tax Assets, Net of Valuation Allowance 1.1M USD +10%
Share-based Payment Arrangement, Expense 20K USD
Interest Expense 29.1M USD +82.9%