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USCB Financial Holdings, Inc. - USCB STOCK NEWS

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.

News

USCB Financial Holdings, Inc. Reports Diluted EPS of $0.14 for Q4 2023

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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.
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USCB Financial Holdings, Inc. To Announce Fourth Quarter 2023 Results

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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.
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U.S. Century Bank Names William Turner New Executive Vice President and Chief Credit Officer

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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.
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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

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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.
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USCB Financial Holdings, Inc. Reports Diluted EPS of $0.19 for Q3 2023

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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.
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USCB Financial Holdings, Inc. to Announce Third Quarter 2023 Results

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USCB Financial Holdings to report Q3 2023 financial results on October 26, 2023.
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USCB Financial Holdings, Inc. Reports EPS of $0.21 for Q2 2023

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USCB Financial Holdings, Inc. reports Q2 2023 net income of $4.2 million, a decrease from $5.3 million in Q2 2022. Luis de la Aguilera appointed as Chairman of the Board. Total assets increase by 10.4% to $2.2 billion. Total loans increase by 16.3% to $1.6 billion. Total deposits increase by 10.5% to $1.9 billion.
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USCB Financial Holdings, Inc. to Announce Second Quarter 2023 Results

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USCB Financial Holdings, Inc. President and Chief Executive Officer Appointed as Chairman of the Board, Strengthening Growth and Innovation

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USCB Financial Holdings, Inc. Reports EPS of $0.29 and ROAA of 1.11% for Q1 2023

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FAQ

What is the current stock price of USCB Financial Holdings (USCB)?

The current stock price of USCB Financial Holdings (USCB) is $19.589 as of November 8, 2024.

What is the market cap of USCB Financial Holdings (USCB)?

The market cap of USCB Financial Holdings (USCB) is approximately 381.6M.

What services does USCB Financial Holdings, Inc. offer?

USCB Financial Holdings, Inc. offers Personal and Business Checking, Savings Accounts, Credit Cards, and Real Estate Loans.

Where is USCB Financial Holdings, Inc. located?

USCB Financial Holdings, Inc. is located in Miami and operates through a network of branches and an online banking platform.

When will USCB Financial Holdings, Inc. report its Q3 2023 financial results?

USCB Financial Holdings, Inc. will report its Q3 2023 financial results after market close on October 26, 2023.

How can I join the investor conference call?

You can join the investor conference call on October 27, 2023, at 11:00am Eastern Time by dialing (800) 715-9871 with Conference ID 6813115.

Who can I contact for investor relations inquiries?

For investor relations inquiries, contact Investor Relations at InvestorRelations@uscentury.com.

What recent initiatives has USCB Financial Holdings, Inc. undertaken?

USCB Financial Holdings, Inc. has enhanced its digital banking capabilities to provide seamless online services to its clients.

What is the main focus of USCB Financial Holdings, Inc.?

The main focus of USCB Financial Holdings, Inc. is to offer personalized banking solutions and foster financial stability within the community.

How does USCB Financial Holdings, Inc. ensure strong financial performance?

USCB Financial Holdings, Inc. maintains a robust asset base and adheres to responsible lending practices to ensure strong financial performance.

Who should media inquiries be directed to?

Media inquiries should be directed to Martha Guerra-Kattou at MGuerra@uscentury.com.

What is USCB Financial Holdings, Inc.’s stock symbol?

The stock symbol for USCB Financial Holdings, Inc. is NASDAQ: USCB.

Stock USCB logo
USCB Financial Holdings, Inc.

Nasdaq:USCB

USCB Rankings

#3350 Ranked by Market Cap
#1780 Ranked by Dividends

USCB Stock Data

381.62M
19.62M
25.39%
60.36%
0.23%
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