PUBLIC SERVICE CO OF NEW MEXICO
For the period ended Sep 30, 2025. Filed Oct 31, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 31, 2025
TXNM$58.28+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Equity
| Attributable to TXNM · Non-controllingInterestin Valencia | ||||||
|---|---|---|---|---|---|---|
| CommonStock · AOCI · RetainedEarnings · Total TXNM Common Stockholders’ Equity · TotalEquity | ||||||
| (In thousands) | ||||||
| Balance at June 30, 2025 | $2,366,770 | $(75,393) | $879,388 | $3,170,765 | $46,029 | $3,216,794 |
| Net earnings before subsidiary preferred stock dividends | — | — | 130,842 | 130,842 | 5,462 | 136,304 |
| Total other comprehensive income | — | 1,639 | — | 1,639 | — | 1,639 |
| Subsidiary preferred stock dividends | — | — | (132) | (132) | — | (132) |
| Dividends declared on common stock | — | — | (85,884) | (85,884) | — | (85,884) |
| Awards of common stock | (184) | — | — | (184) | — | (184) |
| Issuance of common stock | 197,582 | — | — | 197,582 | — | 197,582 |
| Stock based compensation expense | 1,410 | — | — | 1,410 | — | 1,410 |
| Valencia’s transactions with its owner | — | — | — | — | (6,184) | (6,184) |
| Balance at September 30, 2025 | $2,565,578 | $(73,754) | $924,214 | $3,416,038 | $45,307 | $3,461,345 |
| Balance at December 31, 2024 | $1,724,444 | $(75,708) | $887,649 | $2,536,385 | $46,900 | $2,583,285 |
| Net earnings before subsidiary preferred stock dividends | — | — | 161,605 | 161,605 | 13,509 | 175,114 |
| Total other comprehensive income | — | 1,954 | — | 1,954 | — | 1,954 |
| Subsidiary preferred stock dividends | — | — | (396) | (396) | — | (396) |
| Dividends declared on common stock | — | — | (124,644) | (124,644) | — | (124,644) |
| Awards of common stock | (8,433) | — | — | (8,433) | — | (8,433) |
| Issuance of common stock | 842,891 | — | — | 842,891 | — | 842,891 |
| Stock based compensation expense | 6,676 | — | — | 6,676 | — | 6,676 |
| Valencia’s transactions with its owner | — | — | — | — | (15,102) | (15,102) |
| Balance at September 30, 2025 | $2,565,578 | $(73,754) | $924,214 | $3,416,038 | $45,307 | $3,461,345 |
| Balance at June 30, 2024 | $1,625,251 | $(69,900) | $847,397 | $2,402,748 | $48,932 | $2,451,680 |
|---|---|---|---|---|---|---|
| Net earnings before subsidiary preferred stock dividends | — | — | 131,334 | 131,334 | 5,064 | 136,398 |
| Total other comprehensive income (loss) | — | (3,499) | — | (3,499) | — | (3,499) |
| Subsidiary preferred stock dividends | — | — | (132) | (132) | — | (132) |
| Dividends declared on common stock | — | — | (69,906) | (69,906) | — | (69,906) |
| Awards of common stock | (1,735) | — | — | (1,735) | — | (1,735) |
| Stock based compensation expense | 1,169 | — | — | 1,169 | — | 1,169 |
| Valencia’s transactions with its owner | — | — | — | — | (5,927) | (5,927) |
| Balance at September 30, 2024 | $1,624,685 | $(73,399) | $908,693 | $2,459,979 | $48,069 | $2,508,048 |
| Balance at December 31, 2023 | $1,624,823 | $(62,840) | $787,110 | $2,349,093 | $49,958 | $2,399,051 |
| Net earnings before subsidiary preferred stock dividends | — | — | 226,837 | 226,837 | 11,891 | 238,728 |
| Total other comprehensive income (loss) | — | (10,559) | — | (10,559) | — | (10,559) |
| Subsidiary preferred stock dividends | — | — | (396) | (396) | — | (396) |
| Dividends declared on common stock | — | — | (104,858) | (104,858) | — | (104,858) |
| Awards of common stock | (7,983) | — | — | (7,983) | — | (7,983) |
| Stock based compensation expense | 7,845 | — | — | 7,845 | — | 7,845 |
| Valencia’s transactions with its owner | — | — | — | — | (13,780) | (13,780) |
| Balance at September 30, 2024 | $1,624,685 | $(73,399) | $908,693 | $2,459,979 | $48,069 | $2,508,048 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.