Tectonic Financial, Inc.
TECTPFinancials · State Commercial Banks · TX · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $7.5M | $6.4M | $6.1M | $6.3M | $5.1M | $5.1M |
| Operating income | — | — | — | — | — | — |
| Net income | $13.9M | $15.2M | $17.0M | $17.0M | $10.9M | $7.9M |
| Total assets | $863.4M | $677.3M | $612.5M | $585.0M | $513.4M | $365.1M |
| Total liabilities | $750.0M | $570.5M | $516.0M | $500.2M | $453.4M | $314.6M |
| Equity | $113.4M | $95.2M | $96.5M | $84.8M | $60.0M | $50.5M |
| EPS (diluted) | $1.68 | $1.87 | $2.11 | $2.21 | $1.42 | $0.98 |
| Shares out. | 7.1M | 7.1M | 7.1M | 6.6M | 6.6M | 6.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- —
- Net margin
- 186.3%
- Return on equity
- 12.3%
- Return on assets
- 1.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 86.9%
- Debt / equity
- 6.61×
- Book value / share
- $15.97
- Revenue growth (YoY)
- 16.1%
- Net income growth (YoY)
- −8.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- 11.6%high accruals
- Piotroski F-Score
- 1/7weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 3 warning● 1 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2020
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Sherman A HaagActivist (13D)Jan 8, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| Feb 13, 2026 | 11,215 | 1.0 | +490.9% |
| Jan 30, 2026 | 1,898 | 1.0 | -34.1% |
| Jan 15, 2026 | 2,880 | 1.0 | +290.8% |
| Dec 31, 2025 | 737 | 1.0 | -52.8% |
| Dec 15, 2025 | 1,560 | 1.2 | -44.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventFeb 19, 2026
- Entered a material agreement · New financial obligation · Regulation FD disclosureFeb 12, 2026
- Other material eventJan 27, 2026
- Delisting / listing-standard notice · Regulation FD disclosure · Other material eventJan 15, 2026
- Completed an acquisition or disposition · Director / officer change · Other material eventJan 5, 2026
- Entered a material agreement · Director / officer change · Other material eventDec 19, 2025
- Other material eventOct 28, 2025
- Other material eventJul 25, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- DFeb 25, 2026
- 15-12GFORM 15-12GFeb 24, 2026
- 4PRIMARY DOCUMENTFeb 19, 2026
- 4PRIMARY DOCUMENTFeb 19, 2026
- 4PRIMARY DOCUMENTFeb 19, 2026
- 4PRIMARY DOCUMENTFeb 19, 2026
- 8-KFORM 8-KFeb 19, 2026
- 25-NSEFeb 13, 2026
- 8-KFORM 8-KFeb 12, 2026
- 8-KFORM 8-KJan 27, 2026
- 8-KFORM 8-KJan 15, 2026
- 8-K/AFORM 8-K/AJan 9, 2026
- SCHEDULE 13D/AJan 8, 2026
- 4PRIMARY DOCUMENTJan 7, 2026
- 4PRIMARY DOCUMENTJan 7, 2026
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.