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TC Bancshares (NASDAQ:TCBC) Stock Price Up 1.7%

Defense World ·  Dec 22, 2022 01:41

Shares of TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) rose 1.7% during trading on Wednesday . The stock traded as high as $14.90 and last traded at $14.85. Approximately 2,558 shares were traded during trading, a decline of 50% from the average daily volume of 5,070 shares. The stock had previously closed at $14.60.

TC Bancshares Stock Performance

The company's 50-day simple moving average is $14.88 and its 200 day simple moving average is $14.27.

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TC Bancshares (NASDAQ:TCBC – Get Rating) last released its quarterly earnings data on Thursday, November 10th. The company reported $0.14 EPS for the quarter. TC Bancshares had a net margin of 16.07% and a return on equity of 3.15%. The business had revenue of $4.20 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TC Bancshares stock. Brown Advisory Inc. purchased a new stake in TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 10,000 shares of the company's stock, valued at approximately $144,000. Brown Advisory Inc. owned approximately 0.25% of TC Bancshares as of its most recent filing with the SEC. 14.10% of the stock is owned by hedge funds and other institutional investors.

About TC Bancshares

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TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.

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