USCB Financial (USCB) to Release Quarterly Earnings on Thursday

USCB Financial (NASDAQ:USCB) is expected to be announcing its earnings results after the market closes on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.36 per share and revenue of $22,405.50 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

USCB Financial (NASDAQ:USCB) last posted its earnings results on Thursday, October 31st. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. USCB Financial had a return on equity of 10.55% and a net margin of 15.12%. The firm had revenue of $37.00 million for the quarter, compared to the consensus estimate of $20.92 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. On average, analysts expect USCB Financial to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

USCB Financial Price Performance

Shares of NASDAQ USCB opened at $18.78 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.91 and a current ratio of 0.91. USCB Financial has a fifty-two week low of $10.25 and a fifty-two week high of $21.86. The stock has a market cap of $372.60 million, a PE ratio of 18.23 and a beta of 0.64. The stock has a fifty day moving average of $18.73 and a 200-day moving average of $16.30.

USCB Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Friday, February 14th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.13%. This is an increase from USCB Financial’s previous quarterly dividend of $0.05. USCB Financial’s dividend payout ratio (DPR) is currently 19.42%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on USCB. Piper Sandler raised shares of USCB Financial from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $17.00 to $20.00 in a report on Monday, November 4th. Raymond James upgraded shares of USCB Financial from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, November 1st.

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.