The Community Financial Corporation operates as the bank holding company for Community Bank of the Chesapeake that provides commercial and retail banking services to individuals and businesses. The company offers demand, savings, money market, and time deposit accounts, as well as certificates of deposit; and commercial real estate and other non-residential real estate, residential first mortgage, residential rental mortgage, construction and land development, home equity and second mortgage, commercial, consumer, and commercial equipment loans. It also provides safe deposit box, night depository, cash vault, automated clearinghouse transaction, wire transfer, automated teller machine (ATM), online and telephone banking, retail and business mobile banking, remote deposit capture, reciprocal deposit, merchant card, credit monitoring, investment, positive pay, payroll, account reconciliation, bill pay, credit card, and lockbox services. As of December 31, 2021, it operated 11 full services branches in Waldorf, Bryans Road, Dunkirk, Leonardtown, La Plata, Charlotte Hall, Prince Frederick, Lusby, and California, Maryland, as well as Fredericksburg, Virginia; 4 loan production offices in La Plata, Prince Frederick, and Leonardtown, Maryland, as well as Fredericksburg, Virginia; and 14 ATMs. The company was formerly known as Tri-County Financial Corporation and changed its name to The Community Financial Corporation in October 2013. The Community Financial Corporation was founded in 1950 and is headquartered in Waldorf, Maryland.
Community Financial Stock Down 1.6 %
Shares of TCFC Stock traded down $0.62 during trading on Wednesday, hitting $37.25. 3,733 shares of the company were exchanged, compared to its average volume of 7,726. The business's 50-day simple moving average is $36.27 and its 200 day simple moving average is $38.28. Community Financial has a twelve month low of $34.02 and a twelve month high of $41.93. The firm has a market capitalization of $210.65 million, a price-to-earnings ratio of 8.21 and a beta of 0.76. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.82 and a current ratio of 0.82.
Community Financial (NASDAQ:TCFC - Get Rating) last released its earnings results on Monday, July 25th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter. Community Financial had a net margin of 33.64% and a return on equity of 13.30%. The company had revenue of $18.99 million during the quarter.
Community Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 26th. Shareholders of record on Tuesday, July 12th were paid a $0.175 dividend. The ex-dividend date of this dividend was Monday, July 11th. This represents a $0.70 dividend on an annualized basis and a yield of 1.88%. Community Financial's dividend payout ratio (DPR) is currently 15.18%.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the stock. Keefe, Bruyette & Woods cut shares of Community Financial from an "outperform" rating to a "market perform" rating and set a $45.00 price objective on the stock. in a research report on Thursday, April 28th. StockNews.com began coverage on Community Financial in a report on Sunday. They set a "buy" rating on the stock.