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's deposit products include savings, money market, demand deposit, and time deposit accounts. It also provides loan products, such as 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. In addition, the company offers 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, 2020, it operated 12 full services branches in Waldorf, Bryans Road, Dunkirk, Leonardtown, La Plata, Charlotte Hall, Prince Frederick, Lusby, and California, Maryland, as well as Fredericksburg, Virginia; four 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.
IPO Year:
Exchange: NASDAQ
Website: cbtc.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2022 | $53.00 | Overweight | Piper Sandler |
| 4/29/2022 | $45.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 10/28/2021 | Market Perform → Outperform | Keefe, Bruyette & Woods | |
| 10/28/2021 | $40.00 → $45.00 | Mkt Perform → Outperform | Keefe Bruyette |
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
4 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Issuer)
SC 13G/A - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Subject)
15-12G - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
8-K - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-8 POS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-8 POS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-8 POS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-8 POS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-8 POS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
S-3DPOS - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
8-K - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Filer)
425 - COMMUNITY FINANCIAL CORP /MD/ (0000855874) (Subject)
EASTON, Md., July 3, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ:SHBI) ("SHBI"), the financial holding company of Shore United Bank, N.A. ("Shore United"), and The Community Financial Corporation ("TCFC"), the bank holding company of Community Bank of the Chesapeake ("CBC"), announced today the closing of their previously announced merger of equals, combining the two premier banks to create one of Maryland's top community banks. Lloyd L. "Scott" Beatty, Jr., former President and Chief Executive Officer of SHBI, commented, "Bringing together two of Maryland's leading
EASTON, Md. and WALDORF, Md., June 20, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ:SHBI) ("SHBI"), the financial holding company of Shore United Bank, N.A. ("Shore United Bank"), and The Community Financial Corporation (NASDAQ:TCFC) ("TCFC"), the bank holding company of Community Bank of the Chesapeake, a Maryland-chartered commercial bank ("CBC"), announced today that, at special meetings of their respective shareholders held on June 20, 2023, SHBI's shareholders approved the merger of TCFC with and into SHBI, with SHBI as the surviving corporation (the "Merger"), and the issuance of shares of SHBI's common stock to the shareholders of TCFC pursuant to an Agreement and Plan of Merge
WALDORF, Md., April 25, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported net income for the three months ended March 31, 2023 of $7.3 million, or $1.30 per diluted common share. This compares to net income of $7.6 million, or $1.35 per diluted common share for the fourth quarter of 2022, and net income of $6.3 million or $1.10 per diluted common share for the quarter ended March 31, 2022. First Quarter 2023 Highlights Stable Financial Performance: Net income totaled $7.3 million for the quarter ended March 31, 2023, or $1.30 per diluted common share compared to
EASTON, Md. and WALDORF, Md., March 7, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ:SHBI) ("Shore"), the holding company of Shore United Bank, N.A., and The Community Financial Corporation (NASDAQ:TCFC) ("TCFC"), the holding company of Community Bank of the Chesapeake, announced today that they received the required regulatory approvals from the Office of the Comptroller of the Currency and the Maryland Office of the Commissioner of Financial Regulation for Community Bank of the Chesapeake to be merged with and into Shore United Bank, N.A. on the terms and subject to the conditions of the Agreement and Plan of Merger, dated as of December 14, 2022, by and between Shore and TCFC. In ad
WALDORF, Md., Feb. 27, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about April 24, 2023 to stockholders of record as of the close of business on April 12, 2023. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virg
WALDORF, Md., Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported its results of operations for the fourth quarter and year ended December 31, 2022. Net income for the three months ended December 31, 2022 of $7.6 million, or $1.35 per diluted common share compared with net income of $7.6 million, or $1.34 per diluted common share for the third quarter of 2022, and net income of $6.8 million, or $1.18 per diluted common share for the quarter ended December 31, 2021. The Company reported net income for the year ended December 31, 2022 of $28.3 million, or $5.
Highlights of the Announced Transaction: Creates a bank holding company with approximately $6 billion in assets and a market capitalization of approximately $650 millionThe combined company will have more than 40 branches, with leading and commanding market share positions in attractive Maryland markets and a growing presence in Virginia and Delaware Significant EPS accretion for ShoreAttractive, low-cost core funding base Like-minded institutions with strong cultural alignment and a deep commitment to shareholders, customers, employees, and the communities served by Shore and TCFC Meaningful value creation to shareholders and strong pro forma profitability Increased trading liquidity for bo
WALDORF, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about January 24, 2023 to stockholders of record as of the close of business on January 10, 2023. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg
WALDORF, Md., Oct. 24, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported record net income for the three months ended September 30, 2022 of $7.6 million, or $1.34 per diluted common share. This compares to net income of $6.8 million, or $1.21 per diluted common share for the second quarter of 2022, and net income of $6.4 million or $1.12 per diluted common share for the quarter ended September 30, 2021. The Company reported record net income for the nine months ended September 30, 2022 of $20.7 million or diluted earnings per share of $3.65 compared to net income
WALDORF, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about October 21, 2022 to stockholders of record as of the close of business on October 11, 2022. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksbur
WALDORF, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today announced the appointment of James ("Jimmy") M. Burke, President of the Company and the Bank, as President and Chief Executive Officer of both the Company and the Bank, effective August 31, 2022. After many years of dedicated service, William ("Bill") J. Pasenelli, Chief Executive Officer of the Company and the Bank, will retire from those positions, and as a member of the Boards of Directors of the Company and the Bank, on that date. "We are incredibly grateful to Bill for his 21 years of disting
WALDORF, Md., Dec. 30, 2020 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC) (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per share of common stock. The dividend will be paid on or about January 25, 2021 to stockholders of record as of the close of business on January 11, 2021. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksbur
Piper Sandler resumed coverage of Community Financial with a rating of Overweight and set a new price target of $53.00
Keefe Bruyette downgraded Community Financial from Outperform to Mkt Perform and set a new price target of $45.00
Keefe, Bruyette & Woods upgraded Community Financial from Market Perform to Outperform
Keefe Bruyette upgraded Community Financial from Mkt Perform to Outperform and set a new price target of $45.00 from $40.00 previously
Piper Sandler upgraded Community Financial from Neutral to Overweight and set a new price target of $34.00 from $30.00 previously
WALDORF, Md., April 25, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported net income for the three months ended March 31, 2023 of $7.3 million, or $1.30 per diluted common share. This compares to net income of $7.6 million, or $1.35 per diluted common share for the fourth quarter of 2022, and net income of $6.3 million or $1.10 per diluted common share for the quarter ended March 31, 2022. First Quarter 2023 Highlights Stable Financial Performance: Net income totaled $7.3 million for the quarter ended March 31, 2023, or $1.30 per diluted common share compared to
WALDORF, Md., Feb. 27, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about April 24, 2023 to stockholders of record as of the close of business on April 12, 2023. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virg
WALDORF, Md., Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported its results of operations for the fourth quarter and year ended December 31, 2022. Net income for the three months ended December 31, 2022 of $7.6 million, or $1.35 per diluted common share compared with net income of $7.6 million, or $1.34 per diluted common share for the third quarter of 2022, and net income of $6.8 million, or $1.18 per diluted common share for the quarter ended December 31, 2021. The Company reported net income for the year ended December 31, 2022 of $28.3 million, or $5.
Highlights of the Announced Transaction: Creates a bank holding company with approximately $6 billion in assets and a market capitalization of approximately $650 millionThe combined company will have more than 40 branches, with leading and commanding market share positions in attractive Maryland markets and a growing presence in Virginia and Delaware Significant EPS accretion for ShoreAttractive, low-cost core funding base Like-minded institutions with strong cultural alignment and a deep commitment to shareholders, customers, employees, and the communities served by Shore and TCFC Meaningful value creation to shareholders and strong pro forma profitability Increased trading liquidity for bo
WALDORF, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about January 24, 2023 to stockholders of record as of the close of business on January 10, 2023. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg
WALDORF, Md., Oct. 24, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported record net income for the three months ended September 30, 2022 of $7.6 million, or $1.34 per diluted common share. This compares to net income of $6.8 million, or $1.21 per diluted common share for the second quarter of 2022, and net income of $6.4 million or $1.12 per diluted common share for the quarter ended September 30, 2021. The Company reported record net income for the nine months ended September 30, 2022 of $20.7 million or diluted earnings per share of $3.65 compared to net income
WALDORF, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about October 21, 2022 to stockholders of record as of the close of business on October 11, 2022. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksbur
WALDORF, Md., July 25, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported record net income for the three months ended June 30, 2022 of $6.8 million, or $1.21 per diluted common share. This compares to net income of $6.3 million, or $1.10 per diluted common share for the first quarter of 2022, and net income of $6.4 million or $1.10 per diluted common share for the quarter ended June 30, 2021. The Company reported record net income for the six months ended June 30, 2022 of $13.1 million or diluted earnings per share of $2.31 compared to net income for the comparabl
WALDORF, Md., May 25, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about July 26, 2022 to stockholders of record as of the close of business on July 12, 2022. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virgi
First Quarter 2022 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2022, or $1.10 per diluted common share compared to net income of $6.3 million or $1.07 per diluted common share for the quarter ended March 31, 2021 and $6.8 million or $1.18 per diluted common share for the quarter ended December 31, 2021.Robust Portfolio Loan Growth: Total portfolio loans increased to $1,629.5 million, an increase of $50.7 million or 12.9% annualized, compared to the prior quarter, and $121.5 million or 8.1% from March 31, 2021. The loan pipeline at March 31, 2022 was $193.0 million compared to $160.0 million at December 31, 2021.Strong Non-Interest Bearing and Trans
On Friday, 199 companies reached new 52-week lows. Key Facts About Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Danaher (NYSE:DHR). Assure Hldgs (NASDAQ:IONM) was the smallest company by market cap to set a new 52-week low. Freeline Therapeutics (NASDAQ:FRLN) saw the most significant move of the companies, as shares traded down 1452.42% to reach its new 52-week low. Rackspace Tech (NASDAQ:RXT)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. On Friday, the following stocks broke to new 52-week lows: Danaher (NYSE:DHR) stock achieved a new 52-week low on Friday morning, hittin
On Thursday, 498 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Pfizer (NYSE:PFE) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was NovaBay Pharmaceuticals (AMEX:NBY). Mullen Automotive (NASDAQ:MULN)'s stock traded down the lowest, falling 2028.33% to reach a new 52-week low. Innoviz Technologies (NASDAQ:INVZ) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) stock drifted down 0.18% on Thursday morning to hit a new 52-week low of $38.02. C
Community Finl (NASDAQ:TCFC) reported quarterly earnings of $1.30 per share which beat the analyst consensus estimate of $1.24 by 4.84 percent. This is a 18.18 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $20.52 million which missed the analyst consensus estimate of $21.70 million by 5.45 percent. This is a 14.49 percent increase over sales of $17.92 million the same period last year.
On Monday, 141 companies reached new 52-week lows. Noteworthy Mentions In Today's 52-Week Lows: The company with the largest market cap to set a new 52-week low was Infosys (NYSE:INFY). The smallest company by market cap to set a new 52-week low was Altamira Therapeutics (NASDAQ:CYTO). Pear Therapeutics (NASDAQ:PEAR) shares dropped the most, trading down 28.19% to reach its new 52-week low. Home Bancorp (NASDAQ:HBCP)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. The following stocks set new 52-week lows on Monday: Infosys (NYSE:INFY) stock set a new 52-week low of $15.05 on Monday, moving down 0.4%. Commerce Bancshares (NASDAQ:CBSH) sto
On Tuesday, 65 companies set new 52-week lows. Interesting Facts About Today's 52-Week Lows: The largest company by market cap to hit a new 52-week low was First Merchants (NASDAQ:FRME). The company with the smallest market cap to set a new 52-week low was Dunxin Financial Hldgs (AMEX:DXF). Agile Therapeutics (NASDAQ:AGRX) saw the most significant move of the companies, as shares traded down 4009.39% to reach its new 52-week low. Innovid (NYSE:CTV)'s shares had the biggest turnaround, impressively rebounding 0.0% after reaching a new 52-week low. Here are all the stocks that set new 52-week lows on Tuesday: First Merchants (NASDAQ:FRME) stock broke to a new 52-week low of $31.
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Community Finl (NASDAQ:TCFC) with a Market Perform and lowers the price target from $42 to $37.
On Wednesday, 220 stocks hit new 52-week lows. Interesting Points From Today's 52-Week Lows: Citizens Financial Group (NYSE:CFG) was the biggest company in terms of market cap to set a new 52-week low. G Medical Innovations (NASDAQ:GMVD) was the smallest company in terms of market cap to set a new 52-week low. Alkaline Water Co (NASDAQ:WTER)'s stock made the biggest move downwards, diving 1247.1% to reach a new 52-week low. IO Biotech (NASDAQ:IOBT) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. On Wednesday, the following stocks hit new 52-week lows: Citizens Financial Group (NYSE:CFG) shares moved down 1.9
Keefe, Bruyette & Woods analyst Catherine Mealor maintains Community Financial (NASDAQ:TCFC) with a Market Perform and lowers the price target from $45 to $42.