Tectonic Financial, Inc. (TFI) is a financial holding company headquartered in Dallas, Texas offering banking, trust, investment advisory, third-party administration and recordkeeping, securities brokerage and insurance services to high net worth individuals, small businesses and institutions across the United States. TFI has a non-cumulative perpetual preferred stock quoted on Nasdaq Global Select Market under the symbol TECTP.
Company profile
Ticker
TECTP
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
T Acquisition, Inc.
SEC CIK
Corporate docs
Subsidiaries
T Bancshares, Inc. • Tectonic Advisors, LLC • Sanders Morris Harris LLC • HWG Insurance LLC ...
IRS number
820764846
Latest filings (excl ownership)
8-K
Other Events
24 Jan 23
10-Q
2022 Q3
Quarterly report
14 Nov 22
8-K
Other Events
25 Oct 22
10-Q
2022 Q2
Quarterly report
15 Aug 22
8-K
Other Events
26 Jul 22
10-Q
2022 Q1
Quarterly report
16 May 22
8-K
Other Events
26 Apr 22
10-K
2021 FY
Annual report
31 Mar 22
8-K
Other Events
25 Jan 22
10-Q
2021 Q3
Quarterly report
15 Nov 21
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | |
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| Revenue | ||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 41.63 mm | 41.63 mm | 41.63 mm | 41.63 mm | 41.63 mm | 41.63 mm |
| Cash burn (monthly) | (no burn) | 194.08 k | (no burn) | (no burn) | 131.33 k | 3.62 mm |
| Cash used (since last report) | n/a | 1.17 mm | n/a | n/a | 792.30 k | 21.82 mm |
| Cash remaining | n/a | 40.46 mm | n/a | n/a | 40.84 mm | 19.81 mm |
| Runway (months of cash) | n/a | 208.5 | n/a | n/a | 311.0 | 5.5 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 17 Nov 22 | Darrell Cain | Series B Non-Cumulative Perpetual Preferred Stock | Buy | Acquire P | No | No | 10.34 | 1,000 | 10.34 k | 2,000 |
| 7 Jun 22 | Thomas McDougal | Series B Non-Cumulative Perpetual Preferred Stock | Buy | Acquire P | No | No | 10.479 | 10,000 | 104.79 k | 29,967 |
| 2 Jun 22 | Thomas McDougal | Series B Non-Cumulative Perpetual Preferred Stock | Buy | Acquire P | No | No | 10.45 | 390 | 4.08 k | 19,967 |
| 1 Jun 22 | Thomas McDougal | Series B Non-Cumulative Perpetual Preferred Stock | Buy | Acquire P | No | No | 10.3646 | 4,577 | 47.44 k | 19,577 |