USCB Financial (USCB) to Release Quarterly Earnings on Thursday

USCB Financial (NASDAQ:USCB) will be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect USCB Financial to post earnings of $0.21 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

USCB Financial (NASDAQ:USCB) last issued its earnings results on Thursday, January 25th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.05). The company had revenue of $15.70 million for the quarter, compared to analysts’ expectations of $17.31 million. USCB Financial had a net margin of 15.26% and a return on equity of 9.28%. On average, analysts expect USCB Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

USCB Financial Trading Down 0.8 %

Shares of USCB stock opened at $10.55 on Wednesday. The stock has a market capitalization of $207.31 million, a PE ratio of 12.71 and a beta of 0.35. USCB Financial has a 1-year low of $8.56 and a 1-year high of $12.97. The business has a 50-day moving average of $11.02 and a 200 day moving average of $11.44. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.93 and a quick ratio of 0.93.

Insider Transactions at USCB Financial

In other news, Director Howard Feinglass bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was purchased at an average price of $11.07 per share, with a total value of $110,700.00. Following the transaction, the director now owns 4,518,309 shares of the company’s stock, valued at $50,017,680.63. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CFO Robert B. Anderson bought 4,000 shares of the firm’s stock in a transaction dated Thursday, March 14th. The stock was purchased at an average price of $11.21 per share, with a total value of $44,840.00. Following the transaction, the chief financial officer now owns 48,132 shares of the company’s stock, valued at $539,559.72. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Howard Feinglass bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was purchased at an average cost of $11.07 per share, with a total value of $110,700.00. Following the transaction, the director now directly owns 4,518,309 shares in the company, valued at approximately $50,017,680.63. The disclosure for this purchase can be found here. In the last quarter, insiders bought 17,600 shares of company stock valued at $196,184. Corporate insiders own 48.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Raymond James increased their target price on USCB Financial from $12.00 to $13.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Keefe, Bruyette & Woods upped their price target on USCB Financial from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Tuesday, January 30th.

USCB Financial Company Profile

USCB Financial Holdings, Inc operates as the bank holding company for U.S. Century Bank that engages in the provision of various personal and business banking products and services in the United States. It accepts various deposit products, including commercial and consumer checking, money market deposit, savings, and time deposit accounts, as well as certificates of deposit.