FMP
Tectonic Financial, Inc.
TECTP
NASDAQ
Tectonic Financial, Inc., a financial holding company, provides banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. It offers commercial and consumer banking services, such as demand deposits, regular savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; commercial and real estate loans, dental loans, commercial and industrial, commercial real estate, construction loans, and consumer installment loans; 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, mobile banking, and internet banking. 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 headquartered in Dallas, Texas.
10.56 USD
-0.0655 (-0.62%)
TECTP Financial Statements
Year
2023
2022
2021
2020
CF from Operating Activities
-33.19M
-35.79M
-43.03M
-20.45M
Net Income
15.22M
17.03M
17.03M
10.93M
Depreciation & Amortization
457k
436k
544k
634k
Deferred Income Taxes
-56k
311k
-216k
0
Stock Based Compensation
302k
272k
330k
151k
Change in Working Capital
-5.12M
277k
-1.28M
-2.06M
Accounts Receivable
0
0
0
0
Inventory
0
0
0
0
Accounts Payable
0
0
0
0
Other Working Capital
-5.12M
277k
-1.28M
-2.06M
Other Non-Cash Items
-43.99M
-53.8M
-59.66M
-30.1M
CF from Investing Activities
-643k
21.17M
29.48M
-87.44M
Investments in Property, Plant & Equipment
0
-128k
-178k
-61k
Net Acquisitions
0
-435.16M
-3.19M
0
Investment Purchases
-405.8M
-7.41M
-17M
0
Sales/Maturities of Investments
467.6M
442.57M
445.42M
0
Other Investing Activites
-62.44M
21.29M
32.84M
-87.38M
CF from Financing Activities
50.44M
10.78M
12.68M
134.55M
Debt Repayment
21M
-34.52M
-78.1M
71.69M
Common Stock Issued
0
422.8M
0
0
Common Stock Repurchased
-1.09M
-481k
0
0
Dividends Paid
-3.58M
-3.32M
-2.84M
-1.55M
Other Financing Activites
34.12M
49.1M
93.62M
64.41M
Free Cash Flow
-33.56M
-35.91M
-43.21M
-20.51M
Operating Cash Flow
-33.19M
-35.79M
-43.03M
-20.45M
Capital Expenditures
-376k
-128k
-178k
-61k
Cash at Beginning of Period
42.16M
45.99M
46.87M
20.2M
Cash at End of Period
58.77M
42.16M
45.99M
46.87M
Net Change In Cash
16.61M
-3.84M
-876k
26.66M
Retained Earning Schedule
Year
2023
2022
2021
2020
Retained Earnings (Previous Year)
48.56M
34.85M
20.66M
11.29M
Net Income
15.22M
15.48M
15.48M
9.37M
Stock Repurchases
-1.09M
-481k
0
0
Dividend Paid
-3.58M
-3.32M
-2.84M
-1.55M
Retained Earnings
58.92M
48.56M
34.85M
20.66M
Other Distributions
5.68M
9.91M
11.35M
7.82M
PPE Schedule
Year
2023
2022
2021
2020
Gross PPE
4.76M
6.23M
6.13M
5.81M
Annual Depreciation
-19.06M
-21.45M
-21.84M
-13.92M
Capital Expenditure
-376k
-128k
-178k
-61k
Net PPE
24.19M
27.81M
28.14M
19.8M
Intangible and Goodwill Schedule
Year
2023
2022
2021
2020
Acquisitions and Adjustments
0
0
10.71M
0
Goodwill (Previous Year)
21.44M
21.44M
10.73M
10.73M
Goodwill
21.44M
21.44M
21.44M
10.73M
All figures are in USD.
