Texas Community Bancshares (Texas Community Bancshares) Momentum Rank : 0 (As of Jun. 02, 2024)

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What is Texas Community Bancshares Momentum Rank?

Texas Community Bancshares has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Texas Community Bancshares Momentum Rank Related Terms

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Texas Community Bancshares (Texas Community Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Texas Community Bancshares Inc (NAS:TCBS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 West Broad Street, P.O. Box 410, Mineola, TX, USA, 75773

Website

https://www.mineolacb.com

Texas Community Bancshares Inc is a full service bank. The company's business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans.

Executives

Glen Thurman	director	215 WEST BROAD STREET, MINEOLA TX 75773
Jason Sobel	officer: Bank President	215 WEST BROAD STREET, MINEOLA TX 75773
Haskell Strange	officer: SVP and COO	215 WEST BROAD STREET, MINEOLA TX 75773
Kraig Yarbrough	officer: SVP	215 WEST BROAD STREET, MINEOLA TX 75773
Herlocker James H. Iii	director, officer: Chairman, President and CEO	215 WEST BROAD STREET, MINEOLA TX 75773
Clifton D. Bradshaw	director	215 WEST BROAD STREET, MINEOLA TX 75773
Sofia Gurrusquieta	officer: Compliance, BSA, CRA Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Sheree A. Mize	director, officer: Corporate Secretary	215 WEST BROAD STREET, MINEOLA TX 75773
Julie Sharff	officer: Chief Financial Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Brittany Bessonett	officer: SVP and Marketing Officer	215 WEST BROAD STREET, MINEOLA TX 75773
Terri Baucum	officer: SVP & CLO	215 WEST BROAD STREET, MINEOLA TX 75773
Demethrius Boyd	director	215 WEST BROAD STREET, MINEOLA TX 75773
Anthony Scavuzzo	director	215 WEST BROAD STREET, MINEOLA TX 75773
Bryan Summerville	director	215 WEST BROAD STREET, MINEOLA TX 75773
Kerry Kindle	director	215 WEST BROAD STREET, MINEOLA TX 75773

Texas Community Bancshares (Texas Community Bancshares) Headlines

From GuruFocus

Texas Community Bancshares, Inc. Authorizes New Stock Repurchase Program

By PRNewswire • 11-14-2023

Texas Community Bancshares, Inc. Declares Dividend Increase

By PRNewswire PRNewswire • 05-25-2023

Texas Community Bancshares, Inc. Announces Declaration of Quarterly Cash Dividend

By PRNewswire PRNewswire • 02-22-2023

Texas Community Bancshares, Inc. Adopts Stock Repurchase Program

By PRNewswire PRNewswire • 05-16-2023

Texas Community Bancshares, Inc. Announces Quarterly Cash Dividend

By PRNewswire • 07-27-2023