TC Bancshares (NASDAQ:TCBC) Trading Down 0.1%

TC Bancshares, Inc. (NASDAQ:TCBC)’s stock price dropped 0.1% during mid-day trading on Tuesday . The stock traded as low as $13.51 and last traded at $13.51. Approximately 1,140 shares traded hands during trading, a decline of 87% from the average daily volume of 8,480 shares. The stock had previously closed at $13.52.

TC Bancshares Stock Down 0.1 %

The stock has a market capitalization of $58.38 million, a P/E ratio of 225.17 and a beta of 0.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a fifty day moving average price of $13.66 and a 200 day moving average price of $13.55.

TC Bancshares (NASDAQ:TCBC) last posted its earnings results on Friday, March 22nd. The company reported ($0.02) earnings per share for the quarter. TC Bancshares had a net margin of 1.21% and a return on equity of 0.32%. The company had revenue of $3.60 million for the quarter.

Institutional Trading of TC Bancshares

A number of hedge funds and other institutional investors have recently bought and sold shares of TCBC. Thomasville National Bank grew its position in shares of TC Bancshares by 7.7% during the 1st quarter. Thomasville National Bank now owns 33,613 shares of the company’s stock valued at $462,000 after purchasing an additional 2,400 shares in the last quarter. Brown Advisory Inc. increased its stake in TC Bancshares by 29.4% in the 4th quarter. Brown Advisory Inc. now owns 17,584 shares of the company’s stock worth $243,000 after acquiring an additional 3,994 shares during the last quarter. Oppenheimer & Close LLC raised its holdings in shares of TC Bancshares by 18.4% in the 3rd quarter. Oppenheimer & Close LLC now owns 43,000 shares of the company’s stock valued at $585,000 after acquiring an additional 6,680 shares in the last quarter. Allen Mooney & Barnes Investment Advisors LLC boosted its position in shares of TC Bancshares by 11.8% during the 4th quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 76,000 shares of the company’s stock valued at $1,050,000 after acquiring an additional 8,000 shares during the last quarter. Finally, Graham Capital Wealth Management LLC bought a new position in shares of TC Bancshares in the first quarter worth approximately $158,000. Institutional investors own 23.56% of the company’s stock.

About TC Bancshares

TC Bancshares, Inc operates as the holding company for TC Federal Bank that provides various banking services for individual and commercial customers in the United States. It accepts various deposit products, including personal checking accounts, business checking accounts, savings accounts, money market accounts, and certificates of deposit.