USCB Financial (NASDAQ:USCB) Releases Quarterly Earnings Results, Meets Estimates

USCB Financial (NASDAQ:USCB) announced its quarterly earnings results on Thursday. The company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47, FiscalAI reports. USCB Financial had a return on equity of 14.86% and a net margin of 16.36%.The business had revenue of $26.18 million for the quarter, compared to analyst estimates of $25.95 million.

USCB Financial Price Performance

USCB stock opened at $19.47 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $355.52 million, a PE ratio of 14.98 and a beta of 0.60. USCB Financial has a 12-month low of $15.56 and a 12-month high of $20.78. The business’s fifty day moving average price is $19.05 and its 200 day moving average price is $18.62.

USCB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, May 15th. USCB Financial’s payout ratio is currently 38.46%.

Insider Buying and Selling at USCB Financial

In related news, CEO La Aguilera Luis De sold 10,000 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $18.02, for a total value of $180,200.00. Following the sale, the chief executive officer owned 245,893 shares in the company, valued at approximately $4,430,991.86. The trade was a 3.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Andres Collazo sold 8,000 shares of the company’s stock in a transaction dated Saturday, March 7th. The stock was sold at an average price of $18.27, for a total value of $146,160.00. Following the sale, the executive vice president owned 32,950 shares in the company, valued at approximately $601,996.50. This trade represents a 19.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 49.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On USCB Financial

Several large investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. increased its holdings in USCB Financial by 5.8% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,316,580 shares of the company’s stock worth $24,252,000 after purchasing an additional 71,728 shares during the period. NewEdge Advisors LLC increased its holdings in USCB Financial by 60.1% during the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock worth $31,000 after purchasing an additional 638 shares during the period. Quadrature Capital Ltd increased its holdings in USCB Financial by 64.7% during the 4th quarter. Quadrature Capital Ltd now owns 17,616 shares of the company’s stock worth $324,000 after purchasing an additional 6,922 shares during the period. Bridgeway Capital Management LLC purchased a new stake in USCB Financial during the 4th quarter worth about $276,000. Finally, AQR Capital Management LLC increased its holdings in USCB Financial by 44.6% during the 4th quarter. AQR Capital Management LLC now owns 19,514 shares of the company’s stock worth $359,000 after purchasing an additional 6,023 shares during the period. Hedge funds and other institutional investors own 61.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of USCB Financial in a research note on Monday, December 29th. Zacks Research upgraded USCB Financial from a “strong sell” rating to a “hold” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $22.00.

About USCB Financial

USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.