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
Total Revenue
65.88M
66.26M
60.17M
47.62M
Cost of Revenue
0
32.87M
30.78M
0
Gross Profit
65.88M
33.38M
29.38M
47.62M
Operating Expenses
36.58M
44.8M
38.33M
33.7M
Research and Development
0
0
0
0
Selling, General & Administrative Expenses
3.31M
35.55M
29.29M
26.27M
Selling & Marketing Expenses
558k
475k
26.78M
24.15M
General & Administrative Expenses
2.75M
2.27M
2.5M
2.12M
Other Expenses
0
0
0
0
Operating Income
29.29M
21.45M
21.84M
13.92M
Total Other Income/Expenses Net
-10.24M
0
0
0
Income Before Tax
19.06M
21.45M
21.84M
13.92M
Income Tax
3.84M
4.42M
4.8M
3M
Net Income
15.22M
15.48M
15.48M
9.37M
Basic EPS
1.87
2.11
2.21
1.42
EPS Diluted
1.87
2.11
2.2
1.42
Basic Average Shares
7.31M
7.34M
7.01M
6.6M
Diluted Average Shares
7.29M
7.34M
7.02M
6.58M
EBITDA
-1.55M
-1.55M
-1.55M
-1.55M
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.
