USCB Financial Holdings, Inc. Reports Record Fully Diluted

From GlobeNewswire: 2025-04-24 16:30:00

USCB Financial Holdings, Inc. reported a record quarter with net income of $7.7 million or $0.38 per fully diluted share for the three months ended March 31, 2025, compared to $4.6 million or $0.23 per fully diluted share for the same period in 2024. The company’s performance reflects solid execution across strategic priorities, including annualized double-digit loan and deposit growth, maintaining asset quality, and strong cost controls. The return on average assets was 1.19%, the highest since the fourth quarter of 2021. Total assets were $2.7 billion at March 31, 2025, with total loans, deposits, and stockholders’ equity all showing increases compared to the previous year. The company’s Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company’s Class A common stock, to be paid on June 5, 2025.

The company will host a conference call on April 25, 2025, to discuss the unaudited financial results for the quarter ended March 31, 2025. USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank, one of the largest community banks in Florida. The company’s forward-looking statements highlight anticipated growth, financial performance, and management goals, with significant risks and uncertainties to consider. All numbers in the press release are unaudited. The company’s non-GAAP financial measures provide supplemental information for evaluating operations and performance trends. The company’s tangible book value per common share was $11.23 at March 31, 2025, showing a 3.9% increase from the previous quarter.



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