TECTP: Tectonic Financial, Inc. - Summary | Jitta

Tectonic Financial, Inc.

NASDAQ:TECTP

Notice
Stock data is unavailable or the company’s delisted.
Price
$9.99
Loss Chance
42.4%
6.56JITTA SCORE
22.78%Under Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (46)
Recent Business Performance (86)
Financial Strength (92)
Return to Shareholders (64)
Competitive Advantage (78)
Jitta Signs
Return on EquityConsistently High
Dividend PayoutEvery year
CapExVery Low
Total DepositConsistent Growth
Net Interest MarginEfficiency
Revenue and EarningEarning decline from 2021-2024
Operating MarginDeclined
Recent Business PerformanceEarning decline 9.30% in the last year
SG&A to SalesIncreasing
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
6.56
22.78%
6.39
296.03%
5.47
185.74%
Regional Banks
6.82
3.94%
7.61
11.21%
6.92
28.31%
COMPANY DESCRIPTION
Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high-net-worth individuals, small businesses, and institutions in Dallas, Tarrant, Denton, Collin, and Rockwall counties. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposits; commercial and real estate loans, dental loans, commercial real estate, construction loans, and consumer installment loans; investment services; and wealth management and trust services. The company also provides trust, investment advisory, securities brokerage, factoring, third-party administration, recordkeeping, underwriting, and insurance services. It offers services through various delivery systems, including automated teller machines; online, telephone, mobile, and Internet banking services; and other banking services. Tectonic Financial, Inc. was formerly known as T Acquisition, Inc. and changed its name to Tectonic Financial, Inc. in May 2019. The company was incorporated in 2016 and is based in Dallas, Texas.