分组1 - USCB Financial Holdings, Inc. reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.24 per share, and up from $0.21 per share a year ago [3] - The company posted revenues of $20.52 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 10.55%, compared to $16.02 million in the same quarter last year [4] - The stock has gained approximately 26% since the beginning of the year, outperforming the S&P 500's gain of 13.8% [5] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.25 on revenues of $19.32 million, and for the current fiscal year, it is $1 on revenues of $75.44 million [2] - The Zacks Industry Rank for Banks - Southeast is currently in the top 41% of over 250 Zacks industries, indicating a favorable outlook for the sector [11] - USCB Financial has surpassed consensus EPS estimates two times over the last four quarters [9]

MIAMI, July 25, 2024 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the "Company") (NASDAQ: USCB), the holding company for U.S. Century Bank (the "Bank"), reported net income of $6.2 million or $0.31 per fully diluted share for the three months ended June 30, 2024, compared with net income of $4.2 million or $0.21 per fully diluted share for the same period in 2023. Profitability Net interest margin for the quarter ended June 30, 2024 was 2.94% compared to 2.73% for the second quarter of 2023. Unless ot ...

Core Viewpoint - USCB Financial Holdings, Inc. reported a significant increase in net income for the second quarter of 2024, reflecting strong financial performance and effective strategic initiatives [1][2]. Financial Performance - Net income for the quarter ended June 30, 2024, was $6.2 million, or $0.31 per fully diluted share, compared to $4.2 million, or $0.21 per fully diluted share for the same period in 2023 [1][2]. - Annualized return on average assets (ROAA) was 1.01% for the quarter, up from 0.77% in the second quarter of 2023 [4]. - Annualized return on average stockholders' equity (ROE) increased to 12.63% from 9.13% year-over-year [4]. - The efficiency ratio improved to 56.33% from 65.25% in the same quarter last year [4]. Interest Income and Margin - Net interest margin (NIM) for the quarter was 2.94%, compared to 2.73% in the second quarter of 2023 [5]. - Net interest income before provision for credit losses was $17.3 million, an increase of $3.1 million or 22.1% from the previous year [5]. Balance Sheet Highlights - Total assets reached $2.5 billion, an increase of $232.4 million or 10.4% from June 30, 2023 [6]. - Total loans amounted to $1.9 billion, up by $273.3 million or 17.1% year-over-year [6]. - Total deposits were $2.1 billion, reflecting an increase of $135.4 million or 7.0% from the previous year [6]. Stockholders' Equity - Total stockholders' equity was $201.0 million, an increase of $17.3 million or 9.4% from June 30, 2023 [7]. - Tangible book value per common share increased to $10.24, up by $0.84 or 8.9% from the previous year [11]. Asset Quality - The allowance for credit losses increased by $3.4 million to $22.2 million, representing 1.19% of total loans [8]. - Non-performing loans to total loans ratio was 0.04%, slightly up from 0.03% in the previous year [8]. Non-Interest Income and Expenses - Non-interest income for the quarter was $3.2 million, an increase of $1.4 million or 73.9% compared to $1.8 million in the same period last year [8]. - Non-interest expense was $11.6 million, an increase of $1.1 million or 10.6% from $10.5 million in the previous year [9]. Capital and Dividends - The Board of Directors declared a cash dividend of $0.05 per share, payable on September 5, 2024 [10]. - As of June 30, 2024, total risk-based capital ratios for the Company and the Bank were 13.12% and 13.01%, respectively [10].

Exhibit 99.1 Asset Quality • Non-interest income was $3.2 million for thethree months ended June 30, 2024, an increaseof $1.4 million or 73.9% compared to$1.8 million for the same period in 2023. • Non-interest expense was $11. 6 million for the three months ended June 30, 2024, an increase of $1.1 million or 10.6% compared to $10.5 million for the same period in 2023. 2 USCB Financial Holdings, Inc. Reports Record Fully Diluted EPS SinceGoing Public of $0.31 for Q2 2024 • Non-performing loans to total loan ...

MIAMI, July 22, 2024 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the "Company") (NASDAQ: USCB), the holding company for U.S. Century Bank (the "Bank"), announced today that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share of Class A common stock, payable on September 5, 2024, to shareholders of record as of the close of business on August 15, 2024. Future dividend payments are subject to quarterly review and approval by the Board of Directors. About USCB Financial ...

MIAMI, July 22, 2024 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the "Company") (NASDAQ: USCB), the holding company for U.S. Century Bank (the "Bank"), announced today that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share of Class A common stock, payable on September 5, 2024, to shareholders of record as of the close of business on August 15, 2024. Future dividend payments are subject to quarterly review and approval by the Board of Directors. About USCB Financial ...

Company Performance - USCB Financial Holdings, Inc. (USCB) shares increased by 7.3% to close at $14.79, with a notable trading volume compared to normal sessions, and a total gain of 14% over the past four weeks [1][4] - The company is expected to report quarterly earnings of $0.24 per share, reflecting a year-over-year increase of 14.3%, with revenues projected at $18.56 million, up 15.9% from the same quarter last year [2] - The consensus EPS estimate for USCB Financial has remained unchanged over the last 30 days, indicating stability in earnings expectations [7] Market Context - USCB Financial's stock performance is influenced by favorable inflation numbers and cooling employment data, which have raised expectations for potential interest rate cuts by the Federal Reserve [4] - As interest rates are anticipated to decrease, banks' funding costs are expected to stabilize or decline, leading to improved loan demand and a bullish sentiment among investors in the banking sector [4] Industry Comparison - USCB Financial is part of the Zacks Banks - Southeast industry, where Customers Bancorp (CUBI) also performed well, finishing the last trading session up 8% at $63.33, with a 28.3% return over the past month [6]

MIAMI, July 08, 2024 (GLOBE NEWSWIRE) -- USCB FINANCIAL HOLDINGS, INC. (the "Company") (NASDAQ: USCB) will report financial results for the quarter ended June 30, 2024 after the market closes on Thursday, July 25, 2024. Date: Friday, July 26, 2024 Time: 11:00am Eastern Time Dial-in: (833) 816-1416 (toll free in the U.S.) Passcode: USCB Financial Holdings Call Investor Relations InvestorRelations@uscentury.com Media Relations Martha Guerra-Kattou MGuerra@uscentury.com A conference call to discuss quarterly r ...

Ms. Alonso is also a board member of several leading financial and civic organizations. She currently serves as an Independent Board Member of U.S. Century Bank (NASDAQ:USCB), one of Florida's largest community banks. She serves on the Board of Directors of Money Management International and Grameen America, national nonprofit organizations whose work is focused on consumer financial empowerment and mobility. CORAL GABLES, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- Axxes Capital, a private markets asset manage ...

CORAL GABLES, Fla., June 03, 2024 (GLOBE NEWSWIRE) -- Axxes Capital, a private markets asset management firm dedicated to providing wealth advisors and their clients exclusive access to private equity and private credit investment solutions, today announced it has appointed Maria C. Alonso to its Board of Directors. A senior executive and community leader with a rich history of civic involvement in South Florida, Ms. Alonso currently serves as the CEO and Regional Dean of Northeastern University's Miami Cam ...