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USCB Financial Holdings Inc - USCB STOCK NEWS

Welcome to our dedicated news page for USCB Financial Holdings (Ticker: USCB), a resource for investors and traders seeking the latest updates and insights on USCB Financial Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect USCB Financial Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of USCB Financial Holdings's position in the market.

News
USCB Financial Holdings, Inc. Reports Diluted EPS of $0.23 for Q1 2024 and Announces Adoption of New 500,000 Share Repurchase Program
Rhea-AI Summary
USCB Financial Holdings, Inc. reported net income of $4.6 million or $0.23 per diluted share for Q1 2024, compared to $5.8 million or $0.29 per diluted share for Q1 2023. The company experienced a strong increase in deposits, initiated a dividend program, and announced a new 500,000 share repurchase program. Total assets, loans, and deposits increased significantly. However, net interest income decreased, non-interest expenses rose, and tangible book value per common share was negatively impacted by accumulated comprehensive losses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
buyback earnings
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News
USCB Financial Holdings, Inc. Declares Quarterly Cash Dividend on Common Stock
Rhea-AI Summary
USCB Financial Holdings, Inc. declares a quarterly cash dividend of $0.05 per share of Class A common stock, payable on June 5, 2024. The dividend is subject to quarterly review and approval by the Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
dividends
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News
USCB Financial Holdings, Inc. to Announce First Quarter 2024 Results
Rhea-AI Summary
USCB Financial Holdings, Inc. will announce financial results for Q1 2024 on April 25, 2024, followed by a conference call with top executives. Investors can join the call on April 26, 2024, at 11:00am ET. Details for the call and webcast are provided for easy access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
earnings
News
USCB Financial Holdings, Inc. Initiates Quarterly Cash Dividend Program and Announces Declaration of First Cash Dividend
Rhea-AI Summary
USCB Financial Holdings, Inc. announced a cash dividend program, with an inaugural quarterly dividend of $0.05 per share of Class A common stock, payable on March 5, 2024. The dividend represents an aggregate payout of approximately $978,000, or 36% of the Company’s reported fourth quarter 2023 net income. The annualized yield of the quarterly dividend is 1.65%. The decision reflects the confidence in the Company’s performance and commitment to driving shareholder value while maintaining a strong balance sheet to support the Bank's growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
dividends
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News
USCB Financial Holdings, Inc. Reports Diluted EPS of $0.14 for Q4 2023
Rhea-AI Summary
USCB Financial Holdings, Inc. reported a net income of $2.7 million for the three months ended December 31, 2023, compared to $4.4 million for the same period in 2022. The company achieved loan production of $186 million with $150 million in loan fundings, showing improvement in operating environment. Net Interest Margin (NIM) improved by 5 bps, and accumulated comprehensive loss decreased by $7.0 million to $44.3 million. However, the efficiency ratio, net interest margin, and net interest income showed a decrease compared to the previous year. Total assets, loans, deposits, and stockholders' equity all increased. The ACL increased by $3.6 million to $21.1 million at December 31, 2023, and non-performing loans to total loans was 0.03%. The company also repurchased shares of its common stock during the fourth quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
earnings
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News
USCB Financial Holdings, Inc. To Announce Fourth Quarter 2023 Results
Rhea-AI Summary
USCB Financial Holdings, Inc. (NASDAQ: USCB) will report financial results for the quarter ended December 31, 2023 after the market closes on Thursday, January 25, 2024. A conference call to discuss quarterly results will also be held with Chairman, President, and Chief Executive Officer, Luis de la Aguilera, and Chief Financial Officer, Robert Anderson.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
News
U.S. Century Bank Names William Turner New Executive Vice President and Chief Credit Officer
Rhea-AI Summary
USCB Financial Holdings, Inc. (NASDAQ: USCB) appoints William Turner as the new executive vice president and chief credit officer. Turner, with over 35 years of credit experience, aims to enhance the loan portfolio and implement growth strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
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none
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News
USCB Financial Holdings, Inc. Announces Retirement of Chief Credit Officer, Benigno Pazos; Announces the Departure of Jay Shehadeh, General Counsel; Promotes Maricarmen Logroño to Chief Risk Officer
Rhea-AI Summary
USCB Financial Holdings, Inc. announced the retirement of Ben Pazos, the Chief Credit Officer, and the departure of Jay Shehadeh, the General Counsel. Maricarmen Logroño has been promoted to Executive Vice President, Chief Risk Officer. She will lead the risk management and compliance divisions. Logroño has over 20 years of experience in banking risk management and regulatory compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
none
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News
USCB Financial Holdings, Inc. Reports Diluted EPS of $0.19 for Q3 2023
Rhea-AI Summary
USCB Financial Holdings, Inc. reports net income of $3.8 million for Q3 2023, compared to $5.6 million in Q3 2022. Loan growth rebounds with 59% increase in new non-CRE loans. Net interest margin for Q3 2023 is 2.70%. Total assets increase by 10.2% to $2.2 billion. Total loans increase by 17.1% to $1.7 billion. Total deposits increase by 6.9% to $1.9 billion. ACL increases to $19.5 million. Non-interest income increases by 20.8% to $2.2 million. Tangible book value per common share is $9.36. Conference call scheduled for October 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.53%
Tags
earnings
News
USCB Financial Holdings, Inc. to Announce Third Quarter 2023 Results
Rhea-AI Summary
USCB Financial Holdings to report Q3 2023 financial results on October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
Stock USCB logo
USCB Financial Holdings Inc

Nasdaq:USCB

USCB Rankings

#3709 Ranked by Market Cap
#3588 Ranked by Stock Gains
#1467 Ranked by Dividends

USCB Stock Data

206.33M
13.55M
24.1%
63.52%
0.19%
Commercial Banking
Finance and Insurance
Link
United States
Miami