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USCB Financial Holdings, Inc. Class A ( (USCB) ) just unveiled an announcement.
On January 23, 2025, USCB Financial Holdings, Inc. reported a net income of $6.9 million or $0.34 per fully diluted share for Q4 2024, significantly higher than the $2.7 million or $0.14 per share earned in the same quarter of 2023. The company also announced a doubling of its quarterly dividend to $0.10 per share. The strong financial performance, driven by reduced deposit costs and expanded net interest margin, led to an annualized return on average assets of 1.08% and return on average equity of 12.73%. Despite higher non-interest expenses due to non-routine items, the company maintained profitability and increased its total assets to $2.6 billion. The company remains focused on driving sustainable performance and delivering shareholder value in 2025.
More about USCB Financial Holdings, Inc. Class A
USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank, one of the largest community banks in Miami and the State of Florida. Established in 2002, the bank offers a wide range of financial products and services, supporting community organizations like the Greater Miami Chamber of Commerce and the South Florida Hispanic Chamber of Commerce.
YTD Price Performance: 7.31%
Average Trading Volume: 34,831
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $372.6M
See more insights into USCB stock on TipRanks’ Stock Analysis page.
