Download PDF

1. Company Snapshot

1.a. Company Description

USCB Financial Holdings, Inc.operates as the bank holding company for U.S. Century Bank that provides various banking products and services to small-to-medium sized businesses.The company accepts checking, savings, money market, and time deposit accounts; and certificates of deposit.


Its loan products include residential real estate loans; commercial real estate loans; commercial and industrial loans; foreign banks loans; and secured and unsecured consumer loans comprising personal loans, overdrafts, and deposit account collateralized loans.The company also offers treasury, commercial payments, cash management, and online banking services.USCB Financial Holdings, Inc.


was founded in 2002 and is headquartered in Miami, Florida.

Show Full description

1.b. Last Insights on USCB

The recent 3-month performance of USCB Financial Holdings, Inc. was negatively impacted by the lack of earnings surprise, as the company's Q1 2025 earnings matched the Zacks Consensus Estimate. Despite a 65% increase in fully diluted EPS, the absence of a beat may indicate a plateau in growth. Additionally, the company's dividend declaration, while positive for shareholders, may not have a significant impact on the stock's short-term performance.

1.c. Company Highlights

2. USCB Financial Holdings Delivers Strong Q4 2025 Results

USCB Financial Holdings reported GAAP diluted EPS of $0.07, which included nonoperating impacts. Excluding these items, operational diluted EPS was $0.44, consistent with the previous quarter, but slightly below analyst estimates of $0.51. The bank's net interest income expanded, with a net interest margin of 3.27%. Total assets reached $2.8 billion, up 8.1% year-over-year, driven by loan growth of $216 million or 11% and deposit increases of $171 million or 7.9%. The loan-to-deposit ratio is near the upper bound at 95%, but the team expects it to trend back down in the first half of 2026 as they build back deposits that declined at year-end.

Publication Date: Feb -22

📋 Highlights
  • Asset and Loan Growth:: Total assets reached $2.8 billion (+8.1% YoY), with loans up $216M (+11%) and deposits rising $171M (+7.9%).
  • Capital Efficiency:: $40M subordinated debt issuance funded 2M share repurchases at $17.19/share, improving capital structure.
  • Operational Performance:: Operational diluted EPS hit $0.44 (vs. GAAP $0.07), driven by net interest income growth to 3.27%.
  • Dividend Increase:: Board approved 25% quarterly dividend hike to $0.125/share, reflecting strong capital position and shareholder returns.
  • Efficiency and Expenses:: Operating efficiency ratio at 55.92%, with total expenses $14.3M (including $759K for new bonus and incentive programs).

Capital Management and Shareholder Returns

The bank's capital remains strong, with tangible book value per share increasing 10.8% year-over-year to $11.97. The Board approved a 25% increase in the quarterly cash dividend to $0.125 per share, demonstrating the bank's commitment to returning capital to shareholders. The team's priority is to return capital to shareholders, with plans to earn and return capital in 2026, and no significant plans to repurchase shares or issue new debt. The dividend yield is currently 2.18%, which is attractive compared to peers.

Business Line Performance and Growth Initiatives

The bank's four strongest business lines - Business Banking, Private Client Group, Association Banking, and Correspondent Banking - continue to drive growth. Correspondent Banking grew to $235 million by year-end, with strong lending and fee income from wire activity. The team aims to expand correspondent banking relationships, onboarding 3-5 new banks, and maintain an active travel schedule. They are also evaluating additional production talent to support growth in this area, as well as in the SBA vertical, where they aim to grow annual volume to $40-50 million over the next 3 years.

Valuation and Outlook

The bank's Price-to-Tangible Book Value (P/TBV) is approximately 1.66, which is reasonable compared to peers. The Net Interest Margin (NIM) is 3.27%, indicating a stable and profitable core banking business. With a dividend yield of 2.18%, the stock offers an attractive return. Analysts estimate revenue growth at 9.7% next year, driven by the bank's growth initiatives and improving financial performance. The bank's guidance for 2026 includes a low 50% efficiency ratio, with expenses expected to increase gradually, and a tax rate of 26.4%.

3. NewsRoom

Card image cap

Contrasting USCB Financial (NASDAQ:USCB) and National Bank (NYSE:NBHC)

Feb -16

Source: defenseworld.net

Card image cap

Insider Selling: USCB Financial (NASDAQ:USCB) CEO Sells $180,200.00 in Stock

Feb -02

Source: defenseworld.net

Card image cap

USCB Financial Q4 Earnings Call Highlights

Jan -25

Source: defenseworld.net

Card image cap

USCB Financial Holdings, Inc. (USCB) Q4 2025 Earnings Call Transcript

Jan -23

Source: seekingalpha.com

Card image cap

5 Stocks Worth Watching on Their Fresh Dividend Hikes

Jan -23

Source: zacks.com

Card image cap

Compared to Estimates, USCB Financial (USCB) Q4 Earnings: A Look at Key Metrics

Jan -23

Source: zacks.com

Card image cap

USCB Financial Holdings, Inc. (USCB) Lags Q4 Earnings and Revenue Estimates

Jan -23

Source: zacks.com

Card image cap

USCB Financial Holdings, Inc. Reports Fourth Quarter 2025 Fully Diluted EPS of $0.07; Operating Diluted EPS of $0.44, Primarily Excluding Portfolio Restructuring Previously Announced

Jan -22

Source: globenewswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.77%)

6. Segments

Banking and Related Activities

Expected Growth: 4.77%

USCB Financial Holdings, Inc.'s 4.77% growth in Banking and Related Activities is driven by increasing loan demand, expansion of digital banking channels, and strategic acquisitions. Additionally, a favorable interest rate environment and cost savings initiatives have contributed to the growth. Furthermore, the company's focus on commercial and industrial lending, as well as its strong presence in the Southeastern US, have also supported the segment's growth.

7. Detailed Products

Commercial Banking

Provides financial solutions to businesses, including cash management, lending, and treasury management services.

Consumer Banking

Offers personal banking services, including checking and savings accounts, credit cards, and personal loans.

Wealth Management

Provides investment and wealth management services, including financial planning, investment management, and trust services.

Mortgage Banking

Offers mortgage lending services, including residential and commercial mortgage loans.

Treasury Management

Provides cash management and treasury services to businesses, including account management and payment processing.

Capital Markets

Provides investment banking and capital markets services, including debt and equity underwriting and advisory services.

8. USCB Financial Holdings, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for USCB Financial Holdings, Inc. is medium due to the presence of alternative financial institutions and digital payment platforms.

Bargaining Power Of Customers

The bargaining power of customers for USCB Financial Holdings, Inc. is low due to the lack of concentration of buyers and the limited ability of individual customers to influence prices.

Bargaining Power Of Suppliers

The bargaining power of suppliers for USCB Financial Holdings, Inc. is medium due to the presence of multiple suppliers and the moderate level of dependence on these suppliers.

Threat Of New Entrants

The threat of new entrants for USCB Financial Holdings, Inc. is high due to the relatively low barriers to entry and the attractiveness of the financial services industry.

Intensity Of Rivalry

The intensity of rivalry for USCB Financial Holdings, Inc. is high due to the presence of multiple competitors and the high level of competition in the financial services industry.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 48.80%
Debt Cost 5.69%
Equity Weight 51.20%
Equity Cost 5.69%
WACC 5.69%
Leverage 95.33%

11. Quality Control: USCB Financial Holdings, Inc. passed 1 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
PB Bankshares

A-Score: 6.0/10

Value: 5.7

Growth: 7.6

Quality: 5.2

Yield: 0.0

Momentum: 9.5

Volatility: 8.3

1-Year Total Return ->

View Full Report
Stock-Card
Pioneer Bancorp

A-Score: 5.5/10

Value: 3.7

Growth: 5.6

Quality: 6.2

Yield: 0.0

Momentum: 8.0

Volatility: 9.3

1-Year Total Return ->

View Full Report
Stock-Card
Riverview Bancorp

A-Score: 5.4/10

Value: 6.3

Growth: 3.6

Quality: 5.6

Yield: 5.0

Momentum: 4.5

Volatility: 7.3

1-Year Total Return ->

View Full Report
Stock-Card
USCB Financial Holdings

A-Score: 5.3/10

Value: 6.0

Growth: 5.6

Quality: 7.0

Yield: 3.0

Momentum: 3.5

Volatility: 6.7

1-Year Total Return ->

View Full Report
Stock-Card
Texas Community Bancshares

A-Score: 5.3/10

Value: 3.9

Growth: 4.4

Quality: 4.3

Yield: 1.0

Momentum: 8.5

Volatility: 9.3

1-Year Total Return ->

View Full Report
Stock-Card
Amerant Bancorp

A-Score: 4.4/10

Value: 6.6

Growth: 4.3

Quality: 4.6

Yield: 3.0

Momentum: 2.0

Volatility: 6.0

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

19.43$

Current Price

19.43$

Potential

-0.00%

Expected Cash-Flows