Annual Income Statements for USCB Financial
This table shows USCB Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for USCB Financial
This table shows USCB Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Consolidated Net Income / (Loss) |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Net Income / (Loss) Continuing Operations |
|
5.56 |
4.17 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Total Pre-Tax Income |
|
7.52 |
5.85 |
7.69 |
5.53 |
5.07 |
3.51 |
6.04 |
8.18 |
9.16 |
9.10 |
Total Revenue |
|
19 |
16 |
18 |
16 |
16 |
16 |
18 |
21 |
22 |
23 |
Net Interest Income / (Expense) |
|
17 |
17 |
16 |
14 |
14 |
14 |
15 |
17 |
18 |
19 |
Total Interest Income |
|
18 |
21 |
22 |
24 |
26 |
28 |
31 |
33 |
34 |
34 |
Loans and Leases Interest Income |
|
16 |
18 |
20 |
21 |
23 |
25 |
27 |
28 |
30 |
31 |
Investment Securities Interest Income |
|
2.20 |
2.31 |
2.29 |
2.38 |
2.83 |
2.51 |
2.81 |
3.07 |
2.75 |
2.85 |
Deposits and Money Market Investments Interest Income |
|
0.32 |
0.46 |
0.38 |
1.05 |
1.03 |
0.66 |
1.43 |
1.53 |
0.99 |
0.56 |
Total Interest Expense |
|
1.70 |
3.73 |
6.38 |
10 |
12 |
14 |
16 |
15 |
15 |
15 |
Deposits Interest Expense |
|
1.52 |
3.52 |
5.89 |
9.31 |
12 |
12 |
14 |
14 |
14 |
13 |
Short-Term Borrowings Interest Expense |
|
0.18 |
0.22 |
0.50 |
0.79 |
0.69 |
1.41 |
1.67 |
1.62 |
1.59 |
1.46 |
Total Non-Interest Income |
|
1.79 |
-0.12 |
2.07 |
1.85 |
2.16 |
1.33 |
2.46 |
3.21 |
3.44 |
3.63 |
Other Service Charges |
|
1.08 |
-0.49 |
0.54 |
0.58 |
1.53 |
-1.40 |
0.75 |
0.80 |
0.79 |
-0.89 |
Net Realized & Unrealized Capital Gains on Investments |
|
-0.23 |
-1.78 |
0.33 |
0.09 |
-0.70 |
-0.78 |
0.07 |
0.43 |
0.11 |
0.15 |
Investment Banking Income |
|
0.93 |
1.09 |
1.21 |
1.17 |
1.33 |
1.35 |
1.65 |
1.98 |
2.54 |
2.67 |
Provision for Credit Losses |
|
0.91 |
0.88 |
0.20 |
0.04 |
0.65 |
1.48 |
0.41 |
0.79 |
0.93 |
1.03 |
Total Non-Interest Expense |
|
10 |
10 |
10 |
10 |
10 |
11 |
11 |
12 |
11 |
13 |
Salaries and Employee Benefits |
|
6.08 |
6.08 |
6.38 |
5.88 |
6.07 |
6.10 |
6.31 |
7.35 |
7.20 |
7.93 |
Net Occupancy & Equipment Expense |
|
1.77 |
1.74 |
1.78 |
1.82 |
1.83 |
1.81 |
1.82 |
1.75 |
1.85 |
1.83 |
Property & Liability Insurance Claims |
|
0.60 |
0.37 |
0.36 |
0.39 |
0.51 |
0.64 |
0.59 |
0.26 |
0.16 |
0.55 |
Other Operating Expenses |
|
1.68 |
1.82 |
1.66 |
2.36 |
2.05 |
2.16 |
2.45 |
2.20 |
2.24 |
2.54 |
Income Tax Expense |
|
1.96 |
1.42 |
1.88 |
1.33 |
1.25 |
0.79 |
1.43 |
1.97 |
2.21 |
2.20 |
Basic Earnings per Share |
|
$0.28 |
$0.23 |
$0.29 |
$0.21 |
$0.20 |
$0.14 |
$0.23 |
$0.32 |
$0.35 |
$0.35 |
Weighted Average Basic Shares Outstanding |
|
- |
19.62M |
19.62M |
19.54M |
19.54M |
0.00 |
19.65M |
19.62M |
19.84M |
0.00 |
Diluted Earnings per Share |
|
$0.28 |
$0.22 |
$0.29 |
$0.21 |
$0.19 |
$0.15 |
$0.23 |
$0.31 |
$0.35 |
$0.35 |
Weighted Average Diluted Shares Outstanding |
|
- |
19.62M |
19.62M |
19.54M |
19.54M |
0.00 |
19.65M |
19.62M |
19.84M |
0.00 |
Weighted Average Basic & Diluted Shares Outstanding |
|
- |
19.62M |
19.62M |
19.54M |
19.54M |
19.65M |
19.65M |
19.62M |
19.84M |
20.05M |
Annual Cash Flow Statements for USCB Financial
This table details how cash moves in and out of USCB Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
12 |
-1.51 |
7.94 |
-13 |
36 |
Net Cash From Operating Activities |
|
13 |
22 |
30 |
23 |
34 |
Net Cash From Continuing Operating Activities |
|
13 |
22 |
30 |
23 |
34 |
Net Income / (Loss) Continuing Operations |
|
11 |
21 |
20 |
17 |
25 |
Consolidated Net Income / (Loss) |
|
11 |
21 |
20 |
17 |
25 |
Provision For Loan Losses |
|
3.25 |
-0.16 |
2.50 |
2.37 |
3.16 |
Depreciation Expense |
|
1.27 |
1.03 |
0.69 |
0.59 |
0.59 |
Amortization Expense |
|
-2.30 |
-3.16 |
-1.06 |
-0.95 |
0.14 |
Non-Cash Adjustments to Reconcile Net Income |
|
-1.80 |
-3.30 |
1.10 |
-0.09 |
-0.32 |
Changes in Operating Assets and Liabilities, net |
|
1.86 |
6.55 |
6.18 |
4.09 |
5.86 |
Net Cash From Investing Activities |
|
-179 |
-359 |
-271 |
-273 |
-212 |
Net Cash From Continuing Investing Activities |
|
-179 |
-359 |
-271 |
-273 |
-212 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.35 |
-0.63 |
-0.67 |
-0.16 |
-0.31 |
Purchase of Investment Securities |
|
-298 |
-495 |
-400 |
-442 |
-298 |
Sale of Property, Leasehold Improvements and Equipment |
|
0.00 |
1.65 |
0.00 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
|
120 |
134 |
130 |
169 |
86 |
Net Cash From Financing Activities |
|
178 |
336 |
249 |
237 |
214 |
Net Cash From Continuing Financing Activities |
|
178 |
336 |
249 |
237 |
214 |
Net Change in Deposits |
|
256 |
317 |
239 |
108 |
237 |
Issuance of Debt |
|
79 |
0.00 |
126 |
529 |
227 |
Issuance of Common Equity |
|
0.02 |
40 |
0.10 |
0.08 |
1.32 |
Repayment of Debt |
|
-154 |
0.00 |
-116 |
-392 |
-247 |
Repurchase of Preferred Equity |
|
0.00 |
-19 |
0.00 |
0.00 |
0.00 |
Repurchase of Common Equity |
|
- |
- |
0.00 |
-7.58 |
-0.50 |
Payment of Dividends |
|
-3.13 |
-2.08 |
0.00 |
0.00 |
-3.94 |
Cash Interest Paid |
|
8.84 |
4.29 |
7.31 |
41 |
61 |
Quarterly Cash Flow Statements for USCB Financial
This table details how cash moves in and out of USCB Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-9.95 |
-19 |
9.08 |
24 |
-54 |
7.63 |
85 |
-49 |
-39 |
39 |
Net Cash From Operating Activities |
|
11 |
-2.03 |
9.00 |
11 |
8.34 |
-5.98 |
8.03 |
18 |
11 |
-3.05 |
Net Cash From Continuing Operating Activities |
|
11 |
-2.03 |
9.00 |
11 |
8.34 |
-5.98 |
8.03 |
18 |
11 |
-3.05 |
Net Income / (Loss) Continuing Operations |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Consolidated Net Income / (Loss) |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Provision For Loan Losses |
|
0.91 |
0.88 |
0.20 |
0.04 |
0.65 |
1.48 |
0.41 |
0.79 |
0.93 |
1.03 |
Depreciation Expense |
|
0.17 |
0.16 |
0.15 |
0.15 |
0.15 |
0.15 |
0.14 |
0.15 |
0.15 |
0.15 |
Amortization Expense |
|
-0.75 |
-0.11 |
-0.13 |
-0.21 |
-0.55 |
-0.07 |
-0.14 |
0.01 |
0.42 |
-0.16 |
Non-Cash Adjustments to Reconcile Net Income |
|
0.10 |
1.64 |
-0.47 |
-0.07 |
-0.23 |
0.68 |
-0.12 |
-0.47 |
-0.16 |
0.43 |
Changes in Operating Assets and Liabilities, net |
|
5.48 |
-9.03 |
3.44 |
7.08 |
4.50 |
-11 |
3.12 |
11 |
2.93 |
-11 |
Net Cash From Investing Activities |
|
-39 |
-70 |
-69 |
-44 |
-77 |
-83 |
-66 |
-20 |
-75 |
-51 |
Net Cash From Continuing Investing Activities |
|
-39 |
-70 |
-69 |
-44 |
-77 |
-83 |
-66 |
-20 |
-75 |
-51 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.00 |
-0.50 |
-0.02 |
-0.04 |
-0.07 |
-0.03 |
-0.09 |
-0.09 |
-0.08 |
-0.06 |
Purchase of Investment Securities |
|
-70 |
-97 |
-92 |
-105 |
-117 |
-128 |
-78 |
-69 |
-88 |
-63 |
Sale and/or Maturity of Investments |
|
31 |
28 |
23 |
61 |
40 |
46 |
12 |
49 |
13 |
12 |
Net Cash From Financing Activities |
|
18 |
53 |
69 |
57 |
15 |
96 |
144 |
-47 |
25 |
92 |
Net Cash From Continuing Financing Activities |
|
18 |
53 |
69 |
57 |
15 |
96 |
144 |
-47 |
25 |
92 |
Net Change in Deposits |
|
58 |
33 |
1.18 |
91 |
-0.38 |
16 |
166 |
-46 |
70 |
47 |
Issuance of Debt |
|
30 |
66 |
158 |
81 |
20 |
270 |
80 |
- |
117 |
30 |
Issuance of Common Equity |
|
- |
- |
0.00 |
- |
- |
0.08 |
0.32 |
0.00 |
- |
1.00 |
Repayment of Debt |
|
-70 |
-46 |
-84 |
-114 |
-5.00 |
-189 |
-101 |
- |
-161 |
15 |
Payment of Dividends |
|
- |
- |
0.00 |
- |
- |
- |
-1.02 |
-1.02 |
-1.02 |
-0.89 |
Cash Interest Paid |
|
1.67 |
3.63 |
6.04 |
9.49 |
12 |
13 |
15 |
14 |
18 |
14 |
Annual Balance Sheets for USCB Financial
This table presents USCB Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
1,502 |
1,854 |
2,086 |
2,339 |
2,581 |
Cash and Due from Banks |
|
58 |
53 |
61 |
49 |
84 |
Interest Bearing Deposits at Other Banks |
|
38 |
40 |
48 |
33 |
70 |
Trading Account Securities |
|
334 |
524 |
419 |
404 |
425 |
Loans and Leases, Net of Allowance |
|
0.00 |
1,175 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
6.35 |
5.28 |
5.26 |
4.84 |
4.56 |
Other Assets |
|
90 |
103 |
1,608 |
1,889 |
2,075 |
Total Liabilities & Shareholders' Equity |
|
1,502 |
1,854 |
2,086 |
2,339 |
2,581 |
Total Liabilities |
|
1,331 |
1,650 |
1,903 |
2,147 |
2,366 |
Non-Interest Bearing Deposits |
|
- |
- |
- |
553 |
575 |
Interest Bearing Deposits |
|
1,273 |
1,590 |
1,829 |
1,384 |
1,599 |
Accrued Interest Payable |
|
6.83 |
9.48 |
14 |
16 |
20 |
Long-Term Debt |
|
36 |
36 |
46 |
183 |
163 |
Other Long-Term Liabilities |
|
15 |
14 |
14 |
11 |
8.45 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
171 |
204 |
182 |
192 |
215 |
Total Preferred & Common Equity |
|
171 |
204 |
182 |
192 |
215 |
Preferred Stock |
|
32 |
0.00 |
20 |
0.00 |
0.00 |
Total Common Equity |
|
139 |
204 |
162 |
192 |
215 |
Common Stock |
|
188 |
331 |
311 |
325 |
328 |
Retained Earnings |
|
-54 |
-124 |
-104 |
-89 |
-68 |
Accumulated Other Comprehensive Income / (Loss) |
|
4.78 |
-2.52 |
-45 |
-44 |
-45 |
Quarterly Balance Sheets for USCB Financial
This table presents USCB Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
2,164 |
2,226 |
2,245 |
2,489 |
2,458 |
2,504 |
Cash and Due from Banks |
|
69 |
95 |
39 |
136 |
82 |
46 |
Interest Bearing Deposits at Other Banks |
|
58 |
79 |
28 |
117 |
72 |
31 |
Trading Account Securities |
|
229 |
218 |
416 |
433 |
406 |
427 |
Loans and Leases, Net of Allowance |
|
1,562 |
221 |
0.00 |
0.00 |
0.00 |
0.00 |
Premises and Equipment, Net |
|
5.14 |
5.03 |
4.95 |
4.79 |
4.73 |
4.66 |
Other Assets |
|
118 |
117 |
133 |
1,925 |
1,970 |
2,034 |
Total Liabilities & Shareholders' Equity |
|
2,164 |
2,226 |
2,245 |
2,489 |
2,458 |
2,504 |
Total Liabilities |
|
1,980 |
2,042 |
2,062 |
2,294 |
2,257 |
2,290 |
Interest Bearing Deposits |
|
1,830 |
1,921 |
1,921 |
2,103 |
2,057 |
2,127 |
Accrued Interest Payable |
|
16 |
21 |
27 |
19 |
29 |
36 |
Long-Term Debt |
|
120 |
87 |
102 |
162 |
162 |
118 |
Other Long-Term Liabilities |
|
14 |
13 |
12 |
11 |
9.94 |
9.19 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
184 |
184 |
183 |
195 |
201 |
214 |
Total Preferred & Common Equity |
|
184 |
184 |
183 |
195 |
201 |
214 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
184 |
184 |
183 |
195 |
201 |
214 |
Common Stock |
|
326 |
325 |
325 |
325 |
325 |
326 |
Retained Earnings |
|
-100 |
-95 |
-91 |
-85 |
-80 |
-74 |
Accumulated Other Comprehensive Income / (Loss) |
|
-42 |
-46 |
-51 |
-45 |
-45 |
-38 |
Annual Metrics And Ratios for USCB Financial
This table displays calculated financial ratios and metrics derived from USCB Financial's official financial filings.
Metric |
|
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
40.48% |
9.01% |
-4.24% |
25.32% |
EBITDA Growth |
|
0.00% |
78.09% |
5.85% |
-19.76% |
54.92% |
EBIT Growth |
|
0.00% |
79.99% |
-0.99% |
-19.53% |
49.00% |
NOPAT Growth |
|
0.00% |
94.80% |
-4.44% |
-17.85% |
49.13% |
Net Income Growth |
|
0.00% |
46.91% |
-4.44% |
-17.85% |
49.13% |
EPS Growth |
|
0.00% |
-473.33% |
114.88% |
-16.00% |
47.62% |
Operating Cash Flow Growth |
|
0.00% |
68.30% |
33.95% |
-23.67% |
51.20% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
367.45% |
-511.25% |
116.35% |
Invested Capital Growth |
|
0.00% |
15.89% |
-4.78% |
64.15% |
0.91% |
Revenue Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-1.16% |
9.66% |
EBITDA Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-8.70% |
19.89% |
EBIT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-8.69% |
20.80% |
NOPAT Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-9.38% |
20.41% |
Net Income Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-9.38% |
20.41% |
EPS Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-7.69% |
19.23% |
Operating Cash Flow Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
-14.92% |
9.39% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
180.08% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
31.62% |
14.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
EBITDA Margin |
|
31.49% |
39.93% |
38.77% |
32.49% |
40.16% |
EBIT Margin |
|
33.79% |
43.29% |
39.32% |
33.04% |
39.28% |
Profit (Net Income) Margin |
|
31.89% |
33.35% |
29.24% |
25.08% |
29.84% |
Tax Burden Percent |
|
107.00% |
76.15% |
74.36% |
75.91% |
75.97% |
Interest Burden Percent |
|
88.22% |
101.17% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
19.30% |
23.85% |
25.64% |
24.09% |
24.03% |
Return on Invested Capital (ROIC) |
|
5.23% |
9.43% |
8.60% |
5.48% |
6.55% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
15.02% |
9.43% |
8.60% |
5.48% |
6.55% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.16% |
1.81% |
1.83% |
3.35% |
5.56% |
Return on Equity (ROE) |
|
8.39% |
11.24% |
10.43% |
8.84% |
12.11% |
Cash Return on Invested Capital (CROIC) |
|
0.00% |
-5.29% |
13.50% |
-43.09% |
5.64% |
Operating Return on Assets (OROA) |
|
1.01% |
1.63% |
1.38% |
0.99% |
1.32% |
Return on Assets (ROA) |
|
0.96% |
1.26% |
1.02% |
0.75% |
1.00% |
Return on Common Equity (ROCE) |
|
6.82% |
10.28% |
9.89% |
8.37% |
12.11% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.39% |
10.34% |
11.04% |
8.62% |
11.46% |
Net Operating Profit after Tax (NOPAT) |
|
11 |
21 |
20 |
17 |
25 |
NOPAT Margin |
|
24.05% |
33.35% |
29.24% |
25.08% |
29.84% |
Net Nonoperating Expense Percent (NNEP) |
|
-9.80% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
58.68% |
44.56% |
44.72% |
48.01% |
43.60% |
Operating Expenses to Revenue |
|
73.44% |
56.46% |
57.06% |
63.37% |
56.90% |
Earnings before Interest and Taxes (EBIT) |
|
15 |
27 |
27 |
22 |
32 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
14 |
25 |
27 |
21 |
33 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
0.00 |
1.48 |
1.22 |
1.63 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
0.00 |
1.48 |
1.22 |
1.63 |
Price to Revenue (P/Rev) |
|
0.00 |
0.00 |
3.50 |
3.56 |
4.24 |
Price to Earnings (P/E) |
|
0.00 |
0.00 |
11.97 |
14.19 |
14.20 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
1.13% |
Earnings Yield |
|
0.00% |
0.00% |
8.36% |
7.05% |
7.04% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.00 |
0.87 |
0.89 |
0.95 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
0.00 |
2.88 |
5.09 |
4.35 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
0.00 |
7.44 |
15.66 |
10.82 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
0.00 |
7.34 |
15.40 |
11.06 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
0.00 |
9.87 |
20.28 |
14.56 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
0.00 |
6.73 |
14.88 |
10.54 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
6.29 |
0.00 |
16.90 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
Debt to Equity |
|
0.21 |
0.18 |
0.25 |
0.95 |
0.76 |
Long-Term Debt to Equity |
|
0.21 |
0.18 |
0.25 |
0.95 |
0.76 |
Financial Leverage |
|
0.21 |
0.19 |
0.21 |
0.61 |
0.85 |
Leverage Ratio |
|
8.78 |
8.95 |
10.20 |
11.82 |
12.08 |
Compound Leverage Factor |
|
7.75 |
9.06 |
10.20 |
11.82 |
12.08 |
Debt to Total Capital |
|
17.39% |
15.01% |
20.14% |
48.80% |
43.08% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
17.39% |
15.01% |
20.14% |
48.80% |
43.08% |
Preferred Equity to Total Capital |
|
15.50% |
0.00% |
8.76% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
67.11% |
84.99% |
71.11% |
51.20% |
56.92% |
Debt to EBITDA |
|
2.54 |
1.43 |
1.72 |
8.54 |
4.91 |
Net Debt to EBITDA |
|
-4.20 |
-2.24 |
-2.33 |
4.71 |
0.27 |
Long-Term Debt to EBITDA |
|
2.54 |
1.43 |
1.72 |
8.54 |
4.91 |
Debt to NOPAT |
|
3.33 |
1.71 |
2.28 |
11.06 |
6.61 |
Net Debt to NOPAT |
|
-5.50 |
-2.68 |
-3.10 |
6.10 |
0.36 |
Long-Term Debt to NOPAT |
|
3.33 |
1.71 |
2.28 |
11.06 |
6.61 |
Noncontrolling Interest Sharing Ratio |
|
18.76% |
8.56% |
5.18% |
5.34% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
0.00 |
-12 |
32 |
-130 |
21 |
Operating Cash Flow to CapEx |
|
3,775.79% |
0.00% |
4,388.86% |
13,831.90% |
10,856.69% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
-2.80 |
4.25 |
-3.06 |
0.35 |
Operating Cash Flow to Interest Expense |
|
0.95 |
5.22 |
3.97 |
0.53 |
0.56 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.93 |
5.46 |
3.88 |
0.53 |
0.55 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.04 |
0.04 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
7.09 |
10.87 |
13.07 |
13.06 |
17.59 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
Invested Capital |
|
207 |
240 |
228 |
375 |
378 |
Invested Capital Turnover |
|
0.22 |
0.28 |
0.29 |
0.22 |
0.22 |
Increase / (Decrease) in Invested Capital |
|
0.00 |
33 |
-11 |
147 |
3.42 |
Enterprise Value (EV) |
|
0.00 |
0.00 |
199 |
336 |
359 |
Market Capitalization |
|
0.00 |
0.00 |
241 |
235 |
350 |
Book Value per Share |
|
$0.00 |
$10.19 |
$8.12 |
$9.82 |
$10.86 |
Tangible Book Value per Share |
|
$0.00 |
$10.19 |
$8.12 |
$9.82 |
$10.86 |
Total Capital |
|
207 |
240 |
228 |
375 |
378 |
Total Debt |
|
36 |
36 |
46 |
183 |
163 |
Total Long-Term Debt |
|
36 |
36 |
46 |
183 |
163 |
Net Debt |
|
-59 |
-56 |
-62 |
101 |
8.93 |
Capital Expenditures (CapEx) |
|
0.35 |
-1.02 |
0.67 |
0.16 |
0.31 |
Net Nonoperating Expense (NNE) |
|
-3.53 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
36 |
36 |
46 |
183 |
163 |
Total Depreciation and Amortization (D&A) |
|
-1.03 |
-2.13 |
-0.38 |
-0.36 |
0.73 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
($6.72) |
$0.00 |
$0.84 |
$1.25 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
20.00M |
0.00 |
19.65M |
0.00 |
Adjusted Diluted Earnings per Share |
|
$0.00 |
($6.72) |
$0.00 |
$0.84 |
$1.24 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
20.00M |
0.00 |
19.65M |
0.00 |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
20.00M |
0.00 |
19.65M |
20.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
11 |
21 |
20 |
17 |
25 |
Normalized NOPAT Margin |
|
24.05% |
33.35% |
29.24% |
25.08% |
29.84% |
Pre Tax Income Margin |
|
29.81% |
43.80% |
39.32% |
33.04% |
39.28% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.11 |
6.47 |
3.64 |
0.51 |
0.53 |
NOPAT to Interest Expense |
|
0.79 |
4.99 |
2.71 |
0.39 |
0.40 |
EBIT Less CapEx to Interest Expense |
|
1.08 |
6.71 |
3.55 |
0.51 |
0.52 |
NOPAT Less CapEx to Interest Expense |
|
0.76 |
5.23 |
2.62 |
0.39 |
0.40 |
Payout Ratios |
|
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
21.80% |
9.85% |
0.00% |
0.00% |
15.96% |
Augmented Payout Ratio |
|
21.80% |
9.85% |
0.00% |
45.83% |
17.99% |
Quarterly Metrics And Ratios for USCB Financial
This table displays calculated financial ratios and metrics derived from USCB Financial's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
0.00% |
0.00% |
8.90% |
-7.18% |
-12.82% |
-4.70% |
-2.46% |
28.11% |
33.15% |
46.38% |
EBITDA Growth |
|
0.00% |
0.00% |
18.09% |
-28.20% |
-32.72% |
-36.26% |
-21.65% |
52.41% |
108.55% |
153.51% |
EBIT Growth |
|
0.00% |
0.00% |
10.20% |
-21.05% |
-32.60% |
-37.17% |
-21.48% |
47.87% |
80.75% |
159.44% |
NOPAT Growth |
|
0.00% |
0.00% |
19.67% |
-20.76% |
-31.29% |
-38.63% |
-20.61% |
47.97% |
81.96% |
153.73% |
Net Income Growth |
|
0.00% |
0.00% |
19.67% |
-20.76% |
-31.29% |
-38.63% |
-20.61% |
47.97% |
81.96% |
153.73% |
EPS Growth |
|
0.00% |
0.00% |
20.83% |
-19.23% |
-32.14% |
-31.82% |
-20.69% |
47.62% |
84.21% |
133.33% |
Operating Cash Flow Growth |
|
0.00% |
0.00% |
60.65% |
-22.87% |
-27.22% |
-195.21% |
-10.83% |
60.01% |
34.54% |
48.96% |
Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
83.71% |
67.68% |
85.74% |
102.42% |
Invested Capital Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
64.15% |
17.49% |
34.11% |
16.51% |
0.91% |
Revenue Q/Q Growth |
|
7.56% |
-11.24% |
9.65% |
-11.34% |
1.02% |
-2.97% |
12.23% |
16.46% |
4.99% |
6.67% |
EBITDA Q/Q Growth |
|
-8.88% |
-18.87% |
36.95% |
-29.08% |
-14.62% |
-23.14% |
68.34% |
37.95% |
16.84% |
-6.56% |
EBIT Q/Q Growth |
|
7.40% |
-25.77% |
37.74% |
-28.10% |
-8.32% |
-30.80% |
72.12% |
35.41% |
12.06% |
-0.67% |
NOPAT Q/Q Growth |
|
4.97% |
-20.22% |
31.01% |
-27.77% |
-8.98% |
-28.75% |
69.50% |
34.63% |
11.92% |
-0.65% |
Net Income Q/Q Growth |
|
4.97% |
-20.22% |
31.01% |
-27.77% |
-8.98% |
-28.75% |
69.50% |
34.63% |
11.92% |
-0.65% |
EPS Q/Q Growth |
|
7.69% |
-21.43% |
31.82% |
-27.59% |
-9.52% |
-21.05% |
53.33% |
34.78% |
12.90% |
0.00% |
Operating Cash Flow Q/Q Growth |
|
-21.00% |
-117.67% |
544.49% |
24.26% |
-25.45% |
-171.70% |
234.26% |
122.99% |
-37.32% |
-127.20% |
Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
0.00% |
10.59% |
-5.47% |
48.83% |
66.25% |
-77.43% |
53.46% |
108.69% |
Invested Capital Q/Q Growth |
|
0.00% |
0.00% |
33.02% |
-10.92% |
5.25% |
31.62% |
-4.79% |
1.68% |
-8.57% |
14.00% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
37.38% |
34.16% |
42.67% |
34.13% |
28.85% |
22.85% |
34.28% |
40.60% |
45.18% |
39.57% |
EBIT Margin |
|
40.52% |
33.88% |
42.56% |
34.52% |
31.32% |
22.34% |
34.26% |
39.84% |
42.52% |
39.60% |
Profit (Net Income) Margin |
|
29.94% |
26.91% |
32.15% |
26.19% |
23.60% |
17.33% |
26.17% |
30.26% |
32.25% |
30.04% |
Tax Burden Percent |
|
73.90% |
75.81% |
75.54% |
75.89% |
75.34% |
77.57% |
76.38% |
75.94% |
75.85% |
75.86% |
Interest Burden Percent |
|
100.00% |
104.76% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
26.10% |
24.19% |
24.46% |
24.11% |
24.66% |
22.43% |
23.62% |
24.06% |
24.15% |
24.14% |
Return on Invested Capital (ROIC) |
|
0.00% |
8.12% |
14.89% |
13.38% |
11.06% |
3.79% |
5.19% |
6.69% |
7.88% |
6.59% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
0.00% |
8.12% |
14.89% |
13.38% |
11.06% |
3.79% |
5.19% |
6.69% |
7.88% |
6.59% |
Return on Net Nonoperating Assets (RNNOA) |
|
0.00% |
2.05% |
9.72% |
6.34% |
6.17% |
2.32% |
3.86% |
4.33% |
4.37% |
5.60% |
Return on Equity (ROE) |
|
0.00% |
10.16% |
24.61% |
19.72% |
17.23% |
6.11% |
9.05% |
11.01% |
12.26% |
12.19% |
Cash Return on Invested Capital (CROIC) |
|
0.00% |
13.84% |
0.00% |
0.00% |
0.00% |
-43.09% |
-11.44% |
-23.66% |
-8.61% |
5.64% |
Operating Return on Assets (OROA) |
|
0.00% |
1.18% |
1.38% |
1.07% |
0.93% |
0.67% |
0.97% |
1.19% |
1.35% |
1.33% |
Return on Assets (ROA) |
|
0.00% |
0.94% |
1.05% |
0.81% |
0.70% |
0.52% |
0.74% |
0.90% |
1.02% |
1.01% |
Return on Common Equity (ROCE) |
|
0.00% |
9.64% |
24.61% |
19.72% |
17.23% |
5.78% |
9.05% |
11.01% |
12.26% |
12.19% |
Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.00% |
11.47% |
10.89% |
9.98% |
0.00% |
7.87% |
8.64% |
9.58% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
NOPAT Margin |
|
29.94% |
26.91% |
32.15% |
26.19% |
23.60% |
17.33% |
26.17% |
30.26% |
32.25% |
30.04% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
42.26% |
47.45% |
45.13% |
48.11% |
48.80% |
50.43% |
46.14% |
44.33% |
42.02% |
42.47% |
Operating Expenses to Revenue |
|
54.58% |
60.78% |
56.32% |
65.25% |
64.64% |
68.27% |
63.41% |
56.33% |
53.16% |
55.92% |
Earnings before Interest and Taxes (EBIT) |
|
7.52 |
5.58 |
7.69 |
5.53 |
5.07 |
3.51 |
6.04 |
8.18 |
9.16 |
9.10 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
6.94 |
5.63 |
7.71 |
5.47 |
4.67 |
3.59 |
6.04 |
8.33 |
9.74 |
9.10 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
1.48 |
1.04 |
1.08 |
1.11 |
1.22 |
1.14 |
1.25 |
1.40 |
1.63 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
1.48 |
1.04 |
1.08 |
1.11 |
1.22 |
1.14 |
1.25 |
1.40 |
1.63 |
Price to Revenue (P/Rev) |
|
0.00 |
3.50 |
2.72 |
2.86 |
3.04 |
3.56 |
3.39 |
3.59 |
3.97 |
4.24 |
Price to Earnings (P/E) |
|
0.00 |
11.97 |
9.09 |
9.89 |
11.12 |
14.19 |
14.49 |
14.47 |
14.60 |
14.20 |
Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.44% |
0.78% |
0.98% |
1.13% |
Earnings Yield |
|
0.00% |
8.36% |
11.00% |
10.11% |
9.00% |
7.05% |
6.90% |
6.91% |
6.85% |
7.04% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.87 |
0.61 |
0.41 |
0.84 |
0.89 |
0.37 |
0.71 |
1.03 |
0.95 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
2.88 |
2.63 |
1.59 |
3.57 |
5.09 |
2.00 |
3.69 |
4.51 |
4.35 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
7.44 |
6.64 |
4.28 |
10.14 |
15.66 |
6.64 |
11.43 |
12.29 |
10.82 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
7.34 |
6.66 |
4.19 |
9.97 |
15.40 |
6.51 |
11.35 |
12.66 |
11.06 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
9.87 |
8.78 |
5.51 |
13.04 |
20.28 |
8.55 |
14.90 |
16.60 |
14.56 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
6.73 |
5.62 |
3.72 |
8.98 |
14.88 |
6.08 |
9.15 |
10.92 |
10.54 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
16.90 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.00 |
0.25 |
0.65 |
0.47 |
0.56 |
0.95 |
0.83 |
0.81 |
0.55 |
0.76 |
Long-Term Debt to Equity |
|
0.00 |
0.25 |
0.65 |
0.47 |
0.56 |
0.95 |
0.83 |
0.81 |
0.55 |
0.76 |
Financial Leverage |
|
0.00 |
0.25 |
0.65 |
0.47 |
0.56 |
0.61 |
0.74 |
0.65 |
0.55 |
0.85 |
Leverage Ratio |
|
0.00 |
10.20 |
11.77 |
12.12 |
12.27 |
11.82 |
12.28 |
12.18 |
11.97 |
12.08 |
Compound Leverage Factor |
|
0.00 |
10.68 |
11.77 |
12.12 |
12.27 |
11.82 |
12.28 |
12.18 |
11.97 |
12.08 |
Debt to Total Capital |
|
0.00% |
20.14% |
39.49% |
32.14% |
35.80% |
48.80% |
45.38% |
44.63% |
35.55% |
43.08% |
Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
0.00% |
20.14% |
39.49% |
32.14% |
35.80% |
48.80% |
45.38% |
44.63% |
35.55% |
43.08% |
Preferred Equity to Total Capital |
|
0.00% |
8.76% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
0.00% |
71.11% |
60.51% |
67.86% |
64.20% |
51.20% |
54.62% |
55.37% |
64.45% |
56.92% |
Debt to EBITDA |
|
0.00 |
1.72 |
4.30 |
3.38 |
4.35 |
8.54 |
8.20 |
7.16 |
4.26 |
4.91 |
Net Debt to EBITDA |
|
0.00 |
-2.33 |
-0.23 |
-3.40 |
1.50 |
4.71 |
-4.61 |
0.33 |
1.48 |
0.27 |
Long-Term Debt to EBITDA |
|
0.00 |
1.72 |
4.30 |
3.38 |
4.35 |
8.54 |
8.20 |
7.16 |
4.26 |
4.91 |
Debt to NOPAT |
|
0.00 |
2.28 |
5.69 |
4.35 |
5.59 |
11.06 |
10.56 |
9.33 |
5.76 |
6.61 |
Net Debt to NOPAT |
|
0.00 |
-3.10 |
-0.31 |
-4.38 |
1.92 |
6.10 |
-5.94 |
0.43 |
2.00 |
0.36 |
Long-Term Debt to NOPAT |
|
0.00 |
2.28 |
5.69 |
4.35 |
5.59 |
11.06 |
10.56 |
9.33 |
5.76 |
6.61 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
5.18% |
0.00% |
0.00% |
0.00% |
5.34% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
0.00 |
0.00 |
-298 |
-266 |
-281 |
-144 |
-49 |
-86 |
-40 |
3.48 |
Operating Cash Flow to CapEx |
|
572,850.00% |
-406.63% |
40,913.64% |
29,434.21% |
11,743.66% |
-18,681.25% |
8,819.78% |
20,571.26% |
14,382.05% |
-5,260.34% |
Free Cash Flow to Firm to Interest Expense |
|
0.00 |
0.00 |
-46.70 |
-26.37 |
-22.74 |
-10.57 |
-3.09 |
-5.63 |
-2.59 |
0.24 |
Operating Cash Flow to Interest Expense |
|
6.73 |
-0.54 |
1.41 |
1.11 |
0.67 |
-0.44 |
0.51 |
1.17 |
0.73 |
-0.21 |
Operating Cash Flow Less CapEx to Interest Expense |
|
6.73 |
-0.68 |
1.41 |
1.10 |
0.67 |
-0.44 |
0.50 |
1.16 |
0.72 |
-0.21 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.00 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
0.00 |
13.07 |
13.70 |
13.76 |
13.48 |
13.06 |
13.21 |
14.36 |
15.70 |
17.59 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
0.00 |
228 |
304 |
271 |
285 |
375 |
357 |
363 |
332 |
378 |
Invested Capital Turnover |
|
0.00 |
0.30 |
0.46 |
0.51 |
0.47 |
0.22 |
0.20 |
0.22 |
0.24 |
0.22 |
Increase / (Decrease) in Invested Capital |
|
0.00 |
0.00 |
304 |
271 |
285 |
147 |
53 |
92 |
47 |
3.42 |
Enterprise Value (EV) |
|
0.00 |
199 |
185 |
110 |
238 |
336 |
131 |
259 |
340 |
359 |
Market Capitalization |
|
259 |
241 |
192 |
198 |
203 |
235 |
222 |
251 |
299 |
350 |
Book Value per Share |
|
$0.00 |
$8.12 |
$9.37 |
$9.36 |
$9.36 |
$9.82 |
$9.92 |
$10.23 |
$10.90 |
$10.86 |
Tangible Book Value per Share |
|
$0.00 |
$8.12 |
$9.37 |
$9.36 |
$9.36 |
$9.82 |
$9.92 |
$10.23 |
$10.90 |
$10.86 |
Total Capital |
|
0.00 |
228 |
304 |
271 |
285 |
375 |
357 |
363 |
332 |
378 |
Total Debt |
|
0.00 |
46 |
120 |
87 |
102 |
183 |
162 |
162 |
118 |
163 |
Total Long-Term Debt |
|
0.00 |
46 |
120 |
87 |
102 |
183 |
162 |
162 |
118 |
163 |
Net Debt |
|
0.00 |
-62 |
-6.50 |
-88 |
35 |
101 |
-91 |
7.48 |
41 |
8.93 |
Capital Expenditures (CapEx) |
|
0.00 |
0.50 |
0.02 |
0.04 |
0.07 |
0.03 |
0.09 |
0.09 |
0.08 |
0.06 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
0.00 |
46 |
120 |
87 |
102 |
183 |
162 |
162 |
118 |
163 |
Total Depreciation and Amortization (D&A) |
|
-0.58 |
0.05 |
0.02 |
-0.06 |
-0.40 |
0.08 |
0.00 |
0.16 |
0.57 |
-0.01 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.23 |
$0.29 |
$0.21 |
$0.20 |
$0.14 |
$0.23 |
$0.32 |
$0.35 |
$0.35 |
Adjusted Weighted Average Basic Shares Outstanding |
|
0.00 |
19.62M |
19.62M |
19.54M |
19.54M |
0.00 |
19.65M |
19.62M |
19.84M |
0.00 |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$0.22 |
$0.29 |
$0.21 |
$0.19 |
$0.15 |
$0.23 |
$0.31 |
$0.35 |
$0.35 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
0.00 |
19.62M |
19.62M |
19.54M |
19.54M |
0.00 |
19.65M |
19.62M |
19.84M |
0.00 |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
0.00 |
19.62M |
19.62M |
19.54M |
19.54M |
19.65M |
19.65M |
19.62M |
19.84M |
20.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
5.56 |
4.43 |
5.81 |
4.20 |
3.82 |
2.72 |
4.61 |
6.21 |
6.95 |
6.90 |
Normalized NOPAT Margin |
|
29.94% |
26.91% |
32.15% |
26.19% |
23.60% |
17.33% |
26.17% |
30.26% |
32.25% |
30.04% |
Pre Tax Income Margin |
|
40.52% |
35.50% |
42.56% |
34.52% |
31.32% |
22.34% |
34.26% |
39.84% |
42.52% |
39.60% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
4.42 |
1.50 |
1.21 |
0.55 |
0.41 |
0.26 |
0.38 |
0.53 |
0.59 |
0.61 |
NOPAT to Interest Expense |
|
3.26 |
1.19 |
0.91 |
0.42 |
0.31 |
0.20 |
0.29 |
0.41 |
0.45 |
0.47 |
EBIT Less CapEx to Interest Expense |
|
4.42 |
1.36 |
1.20 |
0.54 |
0.40 |
0.26 |
0.38 |
0.53 |
0.59 |
0.61 |
NOPAT Less CapEx to Interest Expense |
|
3.26 |
1.05 |
0.91 |
0.41 |
0.30 |
0.20 |
0.29 |
0.40 |
0.44 |
0.46 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
6.62% |
11.71% |
14.88% |
15.96% |
Augmented Payout Ratio |
|
0.00% |
0.00% |
27.81% |
33.07% |
36.22% |
45.83% |
18.32% |
19.49% |
22.06% |
17.99% |
Key Financial Trends
USCB Financial Holdings, Inc. (NASDAQ: USCB) shows consistent growth and improving financial health over the past two years, based on the quarterly financial data through Q4 2024.
Income and Profitability Trends:
- Net Interest Income increased steadily from about $14.2 million in Q3 2023 to approximately $19.4 million in Q4 2024, showing growing earnings from core lending and investment activities.
- Total Revenue rose from $15.7 million in Q4 2023 to almost $23.0 million in Q4 2024, reflecting strong expansion of both interest income and non-interest income streams.
- Net Income grew more than twofold from $2.7 million in Q4 2023 to $6.9 million in Q4 2024, signaling improving profitability and operational efficiency.
- Earnings per share (EPS) increased from $0.14 in Q4 2023 to $0.35 in Q4 2024 on a diluted basis, delivering greater value to shareholders over the period.
- Provision for Credit Losses fluctuated but remained manageable, increasing from $1.48 million in Q4 2024 (Q4 2024 data) compared to prior quarters, pointing to cautious risk management in lending.
Cash Flow and Capital Management:
- Cash and Cash Equivalents surged in early 2024, peaking above $136 million in Q1 2024 before settling near $45.6 million in Q3 2024, suggesting aggressive balance sheet management and liquidity control.
- Net cash from financing activities was very strong in Q4 2024 at $92.5 million, indicating successful capital raising through debt and equity issuance supporting growth initiatives.
- Net cash from investing activities remained negative each quarter, driven by sizable purchases of investment securities (up to $128 million in Q4 2023), reflecting significant deployment of cash into securities which could elevate risk if markets decline.
- Net cash from operating activities was negative in Q4 2024 (-$3.1 million), impacted by operating asset and liability changes, which warrants monitoring as operating cash generation declined from prior positive quarters.
- Interest expense increased consistently, partly due to rising deposits interest costs, reaching approximately $14.8 million in Q4 2024, which may pressure net interest margins but aligns with market interest rate hikes.
Balance Sheet Highlights:
- Total Assets increased from approximately $2.16 billion in Q1 2023 to $2.50 billion by Q3 2024, reflecting steady growth in the bank's asset base.
- Total Liabilities also grew but at a controlled pace, with deposits increasing substantially to about $2.13 billion by Q3 2024, providing a stable funding base.
- The company holds no net loans and leases on recent balance sheets (Q3 2024 and Q2 2024 show $0), indicating a shift or concentration possibly in investment securities or other assets which might affect interest income sources.
- Accumulated Other Comprehensive Income shows persistent negative values (approx. -$38 million in Q3 2024), which could indicate unrealized losses in securities or pension liabilities impacting accumulated equity.
- Retained earnings remain negative but improving, at about -$73.8 million in Q3 2024 compared to -$99.6 million in Q1 2023, suggesting historical losses are being recovered.
Summary:
USCB Financial is experiencing solid revenue and income growth, strong capital raising, and an expanding balance sheet. However, the absence of loans in recent asset figures, sustained negative investing cash flow, and rising interest expenses highlight areas for investor attention. The firm's improving profitability and EPS growth are positives likely reflecting effective management of its securities portfolio and cost structure. Investors should watch for trends in loan growth, operating cash flow, and credit loss provisions in future quarters.
10/20/25 12:05 AM ETAI Generated. May Contain Errors.