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Stock impact report

USCB Financial Holdings, Inc. Reports Fully Diluted EPS of $0.34 for Q4 2024 and doubles the quarterly dividend to $0.10 per share; ROAA of 1.08% and ROAE of 12.73%

USCB Financial Holdings, Inc. - Class A (USCB) 
Company Research Source: GlobeNewswire
MIAMI, Jan. 23, 2025 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), reported net income of $6.9 million or $0.34 per fully diluted share for the three months ended December 31, 2024, compared with net income of $2.7 million or $0.14 per fully diluted share for the same period in 2023. “The results in Q4 2024, highlight a record year for USCB. The team outperformed our internal budget and delivered impressive results for our shareholders. A year ago, we posted $0.14 per share in diluted EPS in Q4 2023 and more than doubled those earnings this quarter to $0.34 per share. Our continued focus on reducing deposit costs has contributed to the net interest margin (NIM) expansion, helping us maintain solid profitability. While we did experience an increase in non-interest expense, primarily due to non-routine items, overall profitability was consistent with the third quarter. Given the earnings power Show less Read more
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