Welcome to our dedicated page for USCB Financial Holdings news (Ticker: USCB), a resource for investors and traders seeking the latest updates and insights on USCB Financial Holdings stock.
USCB Financial Holdings, Inc. (NASDAQ: USCB) is a prominent community bank located in Miami, offering a broad range of financial products and services through its extensive network of branches and online banking platform. The company's core offerings include Personal and Business Checking, Savings Accounts, Credit Cards, and Real Estate Loans. With a commitment to fostering financial stability and growth within the community, USCB Financial Holdings serves a diverse customer base, providing personalized banking solutions tailored to meet individual and business needs.
Recently, the company has made strides in enhancing its digital banking capabilities, ensuring that clients have seamless access to their accounts and services online. This move is part of a broader strategy to modernize its banking services and stay competitive in an increasingly digital world.
USCB Financial Holdings is set to release its financial results for the quarter ending September 30, 2023, after market close on October 26, 2023. An investor conference call and audio webcast will follow on October 27, 2023, at 11:00am Eastern Time. Interested parties can dial in using the toll-free number (800) 715-9871 with the Conference ID 6813115 or join via the USCB Financial Holdings Call.
The company maintains a strong financial position, underscored by its robust asset base and a commitment to responsible lending practices. It continues to build strategic partnerships aimed at expanding its service offerings and reaching new markets. The leadership team, known for its expertise and dedication, drives the company’s vision of delivering exceptional value to its stakeholders.
For more information or investor inquiries, contact Investor Relations at InvestorRelations@uscentury.com. For media inquiries, reach out to Martha Guerra-Kattou at MGuerra@uscentury.com.
Stay updated with the latest news and developments from USCB Financial Holdings, Inc. as they continue to innovate and grow in the financial sector.
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.
USCB Financial Holdings will announce its second quarter 2024 results after market close on July 25, 2024. The financial performance for the quarter ending June 30, 2024, will be discussed in a conference call on July 26, 2024, at 11:00 am Eastern Time. The call will feature insights from Chairman, President, and CEO Luis de la Aguilera, CFO Robert Anderson, and Chief Credit Officer William Turner. Investors can access the live audio webcast and accompanying slides on the investor relations page of the company's website. A replay will be available shortly after the call.
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