TECTONIC FINANCIAL INC 9.00% FXD/FLTG NON CUM PERP PFD SER B | 10-Q: FY2025 Q2 EPS: USD 0.55

EPS: As of FY2025 Q2, the actual value is USD 0.55.

Banking Segment

Net Interest Income

• Net interest income increased by $2.4 million, or 30.4%, to $10.2 million for the three months ended June 30, 2025, compared to $7.8 million for the same period in 2024.
• Net interest margin was 4.50% for the three months ended June 30, 2025, compared to 4.22% for the same period in 2024.

Provision for Credit Losses

• Provision for credit losses was $1.8 million for the three months ended June 30, 2025, compared to $1.7 million for the same period in 2024.

Non-Interest Income

• Non-interest income was $385,000 for the three months ended June 30, 2025.

Non-Interest Expense

• Salaries and employee benefits were $3.9 million for the three months ended June 30, 2025.

Other Financial Services Segment

Non-Interest Income

• Non-interest income was $11.0 million for the three months ended June 30, 2025.

Non-Interest Expense

• Salaries and employee benefits were $4.5 million for the three months ended June 30, 2025.

HoldCo and Other

Net Interest Income

• Net interest loss was - $291,000 for the three months ended June 30, 2025.

Non-Interest Expense

• Salaries and employee benefits were $1.1 million for the three months ended June 30, 2025.

Future Outlook

• The company anticipates continued growth in its loan portfolio and advisory assets, with a focus on managing credit risk and maintaining strong capital ratios.