Tectonic Financial, Inc. (TECTP)
Tectonic Financial, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Dallas, TX, US. The stock last traded at $9.99, up 0.00% on the session, giving a market capitalisation of $40.5M. On trailing twelve-month figures it carries a trailing P/E of 5.31, a net margin of 20.2%. Its beta of 0.02 implies it has historically moved less than the broad market.
Tectonic Financial, Inc. functions as a financial holding company, delivering a comprehensive array of banking and financial solutions throughout the United States. Its diverse clientele includes affluent individuals, small and medium-sized businesses, and various institutional clients. The company's core services encompass both commercial and consumer banking, offering a full spectrum of deposit products such as checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. Its lending options are equally broad, ranging from commercial, real estate, and construction loans to specialized dental financing, commercial and industrial credit, and consumer installment loans. Beyond traditional banking, Tectonic Financial extends its expertise to wealth management and comprehensive trust services. Furthermore, the firm provides investment advisory, securities brokerage, factoring, third-party administration, recordkeeping, underwriting, and insurance services. Customers can conveniently access these offerings through various modern channels, including automated teller machines, mobile banking applications, and online internet banking platforms. Established in 2016, the company initially operated as T Acquisition, Inc., before officially rebranding to Tectonic Financial, Inc. in May 2019. Its corporate headquarters are situated in Dallas, Texas.
Tectonic Financial, Inc. is most often compared with the following Financial Services names: