TECTP Research | Milton Maxwell

TECTP

Tectonic Financial, Inc.

11.07

+0.01+0.09%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

44.85M

P/E (TTM)

5.14

Basic EPS (TTM)

2.15

Dividend Yield

0.01%

Recent Filings

10-Q

Q3 FY2025 results

11/14/25Nov 14, 2025

Tectonic Financial posted solid Q3 momentum, with net interest income up 32% y/y to $11.1M on 27% loan growth to $780M (derived), though provision for credit losses jumped to $2.0M from $0.6M amid rising non-accruals to 3.8% of loans. Non-interest income climbed 7% y/y to $12.0M, fueled by brokerage and advisory gains, while EPS hit $0.73, up 26% y/y and confirmed against 6.88M diluted shares. Deposits swelled 28% to $912M, cash soared to $164M, and debt sits at $12M subordinated notes with full FHLB/FRB availability. Balance sheet expanded to $1.1B. Loans past due 90+ days persist.

8-K

Dividends declared

10/28/25Oct 28, 2025

Tectonic Financial declared quarterly dividends on October 28, 2025: $0.2922614 per Series B preferred share for August 15 to November 17, and $0.10 per common share. Both pay November 17 to holders of record November 7. Steady payouts signal confidence. No changes disclosed.

10-Q

Q2 FY2025 results

8/14/25Aug 14, 2025

Tectonic Financial posted solid Q2 FY2025 results through June 30, with net income hitting $4.3M, up 36% y/y, and diluted EPS of $0.55, up 45% y/y (reconciles to 6.9M weighted shares). Net interest income jumped 30% y/y to $10.2M on 37% loan growth to $755M, though margins slipped to 4.5% amid rate shifts; provision rose 10% y/y to $1.8M as non-accruals climbed to 3.9% of loans. Non-interest income grew 6% y/y to $11.4M, fueled by brokerage and advisory, yet expenses climbed 10% y/y on staffing. Cash swelled to $104M, deposits to $853M, with $12M subordinated notes; FHLB/FRB lines untapped. Loans past due spiked. Competition pressures deposit costs.

8-K

Dividends declared

7/25/25Jul 25, 2025

Tectonic Financial declared quarterly dividends on July 25, 2025: $0.2858396 per share on 9.00% Series B preferred stock for May 16 to August 15, and $0.10 per share on common stock. Both pay August 15 to holders of record August 5. Steady payouts signal confidence. No changes disclosed.

8-K

Appoints new President, CFO

5/14/25May 14, 2025

Tectonic Financial appointed David Clifford as President and Michelle Baird as CFO, effective May 12, 2025. Clifford, COO since 2023, steps up from A. Haag Sherman, who stays CEO; Baird, EVP since 2021, replaces Ken Bramlage, who remains T Bank CFO. Leadership shifts promote internal expertise. No material contracts disclosed.

About

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.

CEO

Mr. Arthur Haag Sherman CPA, J.D.

IPO

5/30/2019

Website

https://www.t.financial

Employees

215

Sector

Financial Services

Industry

Banks - Regional