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USCB Financial Holdings, Inc. reports developments for its bank holding company and wholly owned subsidiary, U.S. Century Bank. The company serves South Florida as its primary banking market and offers relationship-based deposit, lending and e-banking services, including commercial and consumer checking, money market and savings accounts, small business loans, commercial real estate loans and business credit cards.
News for USCB commonly centers on quarterly operating results, net interest income, margin performance, credit quality, regulatory capital ratios and cash dividends on Class A common stock. Company updates also cover balance sheet actions such as securities portfolio restructuring and the redeployment of assets into lending categories tied to the bank's commercial banking model.
USCB Financial Holdings (NASDAQ: USCB) has announced a quarterly cash dividend of $0.10 per share on its Class A common stock. The dividend will be paid on June 5, 2025, to shareholders of record as of the close of business on May 15, 2025. The company notes that future dividend payments will be subject to quarterly review and approval by the Board of Directors.
USCB Financial Holdings (NASDAQ: USCB) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after market close. The company will host a conference call to discuss the quarterly results on Friday, April 25, 2025, at 11:00am Eastern Time.
The conference call will feature presentations from key executives including Chairman, President, and CEO Luis de la Aguilera, CFO Robert Anderson, and CCO William Turner. Investors can access the call toll-free at (833) 816-1416 using the passcode 'USCB Financial Holdings Call'.
A live audio webcast will be available on the company's investor relations website, with presentation slides and press release. The webcast recording will be archived on the investor relations page after the call.
USCB Financial Holdings reported strong Q4 2024 results with net income of $6.9 million or $0.34 per diluted share, compared to $2.7 million or $0.14 per share in Q4 2023. The company doubled its quarterly dividend to $0.10 per share.
Key performance metrics showed significant improvement: Return on Average Assets reached 1.08% (up from 0.48%), while Return on Average Equity rose to 12.73% (up from 5.88%). The efficiency ratio improved to 55.92% from 68.27%, and net interest margin expanded to 3.16% from 2.65%.
Total assets grew 10.4% to $2.6 billion, loans increased 10.8% to $2.0 billion, and deposits rose 12.2% to $2.2 billion. The allowance for credit losses was 1.22% of total loans, with non-performing loans at 0.14%.
USCB Financial Holdings (NASDAQ: USCB) has announced a significant increase in its quarterly cash dividend. The company's Board of Directors declared a regular quarterly dividend of $0.10 per share of Class A common stock, representing a 100% increase from the previous quarterly dividend of $0.05 per share.
The dividend will be payable on March 5, 2025, to shareholders of record as of the close of business on February 14, 2025. The company notes that future dividend payments will be subject to quarterly review and approval by the Board of Directors.
USCB Financial Holdings (NASDAQ: USCB) has announced it will release its fourth quarter 2024 financial results after market close on Thursday, January 23, 2025. The company will host a conference call to discuss the quarterly results on Friday, January 24, 2025, at 11:00am Eastern Time.
The conference call will feature Chairman, President, and CEO Luis de la Aguilera, CFO Robert Anderson, and CCO William Turner. Investors can access the call toll-free at (833) 816-1416 using the passcode 'USCB Financial Holdings Call'. A live audio webcast will be available on the company's investor relations website, with slides and press release. A replay will be archived on the website after the call.
USCB Financial Holdings reported strong Q3 2024 performance with net income of $6.9 million or $0.35 per diluted share, compared to $3.8 million or $0.19 per share in Q3 2023. The company achieved a return on average assets of 1.11% and net interest margin of 3.03%. Total assets reached $2.5 billion, up 11.6% year-over-year, while total loans increased 15.2% to $1.9 billion. Deposits grew 10.7% to $2.1 billion. The efficiency ratio improved to 53.16% from 64.64%. The company declared a cash dividend of $0.05 per share, payable December 5, 2024.
USCB Financial Holdings (NASDAQ: USCB) has announced a quarterly cash dividend of $0.05 per share of Class A common stock. The dividend will be paid on December 5, 2024, to shareholders of record as of November 15, 2024. The company notes that future dividend payments will be subject to quarterly review and approval by the Board of Directors.
USCB Financial Holdings, Inc. (NASDAQ: USCB) has announced it will report its financial results for the third quarter of 2024 on Thursday, October 31, 2024, after market close. The company will host a conference call and audio webcast on Friday, November 1, 2024, at 11:00am Eastern Time to discuss the quarterly results.
Participants can join the call by dialing (833) 816-1416 (toll-free in the U.S.) and using the passcode USCB Financial Holdings Call. The live audio webcast and accompanying slides will be available on the company's investor relations website at https://investors.uscenturybank.com/. A replay of the webcast will be archived on the site shortly after the call ends.
USCB Financial Holdings, Inc. (NASDAQ: USCB) reported record fully diluted EPS of $0.31 for Q2 2024, up from $0.21 in Q2 2023. The company achieved net income of $6.2 million, compared to $4.2 million in the same period last year. Key highlights include:
- Annualized return on average assets increased to 1.01% from 0.77%
- Net interest margin improved to 2.94% from 2.73%
- Total assets grew 10.4% to $2.5 billion
- Total loans increased 17.1% to $1.9 billion
- Total deposits rose 7.0% to $2.1 billion
- Efficiency ratio improved to 56.33% from 65.25%
The company declared a cash dividend of $0.05 per share and reported strong capital ratios, with total risk-based capital at 13.12% for the company and 13.01% for the bank.
USCB Financial Holdings, Inc. (NASDAQ: USCB), the parent company of U.S. Century Bank, has announced a quarterly cash dividend of $0.05 per share on its Class A common stock. The dividend is payable on September 5, 2024, to shareholders of record as of the close of business on August 15, 2024. This decision, made by the company's Board of Directors, demonstrates USCB's commitment to providing regular returns to its shareholders. However, it's important to note that future dividend payments are subject to quarterly review and approval by the Board, indicating that the company maintains flexibility in its dividend policy based on ongoing financial performance and market conditions.