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TC Bancshares, Inc. Declares Semi-Annual Dividend of $0.05 (NASDAQ:TCBC)

kopsource ·  Dec 29, 2022 10:52

TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) announced a Semi-Annual dividend on Wednesday, December 21st, Zacks reports. Investors of record on Tuesday, January 3rd will be given a dividend of 0.05 per share on Wednesday, January 18th. The ex-dividend date is Friday, December 30th.

TC Bancshares Price Performance

TCBC opened at $14.93 on Thursday. The firm has a 50 day simple moving average of $14.91 and a 200 day simple moving average of $14.33. TC Bancshares has a fifty-two week low of $12.00 and a fifty-two week high of $15.26.

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TC Bancshares (NASDAQ:TCBC – Get Rating) last issued its earnings results 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 firm had revenue of $4.20 million during the quarter.

Institutional Investors Weigh In On TC Bancshares

An institutional investor recently raised its position in TC Bancshares stock. Vanguard Group Inc. grew its stake in TC Bancshares, Inc. (NASDAQ:TCBC – Get Rating) by 18.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 193,109 shares of the company's stock after buying an additional 30,009 shares during the quarter. Vanguard Group Inc. owned 4.84% of TC Bancshares worth $2,777,000 at the end of the most recent reporting period. Institutional investors own 15.89% of the company's stock.

TC Bancshares Company Profile

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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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