Name | Value |
---|---|
Revenues | 16.9M |
Cost of Revenue | 1.3M |
Gross Profit | 15.6M |
Operating Expense | 10.1M |
Operating I/L | 6.8M |
Other Income/Expense | -2.8M |
Interest Income | 10.7M |
Pretax | 4.0M |
Income Tax Expense | 0.9M |
Net Income/Loss | 3.1M |
Tectonic Financial, Inc. is a financial holding company that provides a range of banking and financial products and services to high net worth individuals, small businesses, and institutions in the United States. Its offerings include commercial and consumer banking services, wealth management and trust services, investment advisory, securities brokerage, factoring, third-party administration, recordkeeping, underwriting, and insurance services. The company generates revenue through interest income from loans, fees from wealth management and trust services, investment advisory fees, securities brokerage commissions, and insurance premiums. It leverages various delivery systems, including automated teller machines, mobile banking, and internet banking, to serve its clients.