USCB Financial (NASDAQ:USCB) Posts Earnings Results, Misses Expectations By $0.01 EPS

USCB Financial (NASDAQ:USCB - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01), FiscalAI reports. The business had revenue of $26.18 million during the quarter, compared to analyst estimates of $25.95 million. USCB Financial had a net margin of 17.04% and a return on equity of 15.44%.

USCB Financial Price Performance

NASDAQ:USCB opened at $19.12 on Friday. The stock has a market capitalization of $349.07 million, a PE ratio of 13.37 and a beta of 0.60. USCB Financial has a 1-year low of $15.56 and a 1-year high of $20.78. The firm has a fifty day simple moving average of $19.04 and a 200 day simple moving average of $18.63. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.91.

USCB Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Friday, May 15th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.50 annualized dividend and a dividend yield of 2.6%. USCB Financial's dividend payout ratio (DPR) is currently 34.97%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on USCB shares. Weiss Ratings reaffirmed a "buy (b)" rating on shares of USCB Financial in a research report on Monday, December 29th. Zacks Research raised shares of USCB Financial from a "strong sell" rating to a "hold" rating in a research report on Monday, March 30th. Finally, Wall Street Zen downgraded shares of USCB Financial from a "hold" rating to a "sell" rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, USCB Financial currently has an average rating of "Buy" and a consensus target price of $22.00.

Insider Buying and Selling at USCB Financial

In related news, EVP Andres Collazo sold 8,000 shares of the business's stock in a transaction that occurred on Saturday, March 7th. The stock was sold at an average price of $18.27, for a total transaction of $146,160.00. Following the transaction, the executive vice president directly owned 32,950 shares of the company's stock, valued at approximately $601,996.50. The trade was a 19.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO La Aguilera Luis De sold 10,000 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $18.02, for a total transaction of $180,200.00. Following the completion of the transaction, the chief executive officer directly owned 245,893 shares in the company, valued at approximately $4,430,991.86. This represents a 3.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 49.50% of the company's stock.

Institutional Trading of USCB Financial

Several large investors have recently modified their holdings of USCB. Geode Capital Management LLC increased its stake in shares of USCB Financial by 1.7% in the 2nd quarter. Geode Capital Management LLC now owns 248,716 shares of the company's stock valued at $4,114,000 after purchasing an additional 4,242 shares during the last quarter. Hsbc Holdings PLC raised its position in USCB Financial by 25.9% during the 2nd quarter. Hsbc Holdings PLC now owns 32,875 shares of the company's stock worth $546,000 after purchasing an additional 6,770 shares during the last quarter. First Trust Advisors LP bought a new position in shares of USCB Financial during the second quarter worth about $212,000. Gabelli Funds LLC acquired a new position in shares of USCB Financial in the 2nd quarter worth approximately $563,000. Finally, Alliancebernstein L.P. lifted its holdings in USCB Financial by 9.0% in the second quarter. Alliancebernstein L.P. now owns 973,088 shares of the company's stock valued at $16,095,000 after buying an additional 79,983 shares during the period. 61.34% of the stock is owned by institutional investors and hedge funds.

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.