USCB Financial Holdings, Inc. announced the sale of $44.6 million in available-for-sale securities to enhance future earnings and drive EPS growth. The Company’s strategy includes selling lower-yielding assets and reinvesting in higher-yielding loans, resulting in an expected net interest margin expansion and EPS accretion over the next four quarters. The securities sold represented 12.6% of the AFS portfolio with a weighted average yield of 1.70%. The restructuring will position the Company for profitable growth and increase shareholder value.

The Bank’s regulatory capital levels exceed requirements, ensuring financial stability. USCB Financial Holdings, Inc., the holding company for U.S. Century Bank, aims to deliver greater value through a balance sheet reshaping strategy. The Bank offers a wide range of financial products and services and supports various community organizations. Forward-looking statements highlight projected growth, financial performance, and risk factors affecting the Company, emphasizing the importance of managing interest rate risk and complying with regulations to sustain growth and profitability.

Read more at GlobeNewswire: USCB Financial Holdings, Inc. Portfolio Loss Restructuring