USCB Financial (USCB) to Release Quarterly Earnings on Thursday

USCB Financial (NASDAQ:USCB) is scheduled to issue its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of $0.32 per share for the quarter. Individual that wish to register for the company’s conference call can do so using this link.

USCB Financial (NASDAQ:USCB) last posted its earnings results on Thursday, July 25th. The company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.07. USCB Financial had a return on equity of 9.35% and a net margin of 13.67%. The business had revenue of $35.83 million during the quarter, compared to analyst estimates of $18.56 million. During the same quarter last year, the company earned $0.21 EPS. 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 Price Performance

NASDAQ USCB opened at $14.80 on Thursday. USCB Financial has a one year low of $10.04 and a one year high of $16.82. The stock has a 50-day moving average of $14.73 and a 200 day moving average of $13.33. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $290.82 million, a price-to-earnings ratio of 19.13 and a beta of 0.39.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Hovde Group started coverage on shares of USCB Financial in a research note on Monday, August 12th. They set a “market perform” rating and a $16.00 target price for the company. Keefe, Bruyette & Woods upped their price objective on USCB Financial from $14.00 to $16.50 and gave the company an “outperform” rating in a research report on Monday, July 29th.

Insider Buying and Selling at USCB Financial

In other news, Director Ramon A. Rodriguez acquired 6,000 shares of USCB Financial stock in a transaction dated Monday, September 16th. The stock was purchased at an average cost of $14.61 per share, with a total value of $87,660.00. Following the completion of the purchase, the director now directly owns 12,000 shares in the company, valued at approximately $175,320. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 48.50% of the company’s stock.

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.