US LNG exports surge but will buyers in China turn up?
In a recent transaction filed with the Securities and Exchange Commission, Sheree A. Mize, the Corporate Secretary of Texas Community Bancshares , Inc. (NASDAQ:TCBS), sold 1,303 shares of the company’s common stock. The shares were sold at a price of $15.75 each, totaling $20,522. The transaction occurred near the current trading price of $15.80, with the stock trading at 0.85 times book value and a P/E ratio of 22.9. According to InvestingPro analysis, the company appears slightly overvalued at current levels. Following this transaction, Mize holds 13,909 shares directly.
In addition to her direct holdings, Mize also has indirect ownership through an Employee Stock Ownership Plan (ESOP), with 3,133 shares, and through a 401(k) plan, with 25,000 shares. The report also notes that Mize holds stock options for 16,288 shares, which vest at a rate of 20% per year starting February 28, 2024.
In other recent news, Texas Community Bancshares, Inc., the parent company of Broadstreet Bank, announced a quarterly cash dividend of $0.04 per share. This dividend will be paid on June 20, 2025, to shareholders who are on record as of June 5, 2025. The declaration of this dividend underscores the company’s ongoing strategy to provide returns to its shareholders, aligning with its history of stable dividend payouts. Texas Community Bancshares, through Broadstreet Bank, has shown considerable growth, with assets now totaling $441 million. The bank operates seven locations in northeast Texas, offering a variety of financial services. This financial move is part of the company’s broader strategy to enhance shareholder value. The announcement was made via a press release from Texas Community Bancshares, Inc. Investors can find more details about the company’s financial activities on its website.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.