USCB Financial Holdings, Inc. $USCB Shares Purchased by Mendon Capital Advisors Corp

Mendon Capital Advisors Corp boosted its stake in shares of USCB Financial Holdings, Inc. (NASDAQ:USCB) by 17.9% during the first quarter, HoldingsChannel.com reports. The firm owned 574,100 shares of the company’s stock after acquiring an additional 86,958 shares during the period. USCB Financial comprises approximately 3.1% of Mendon Capital Advisors Corp’s holdings, making the stock its 9th biggest holding. Mendon Capital Advisors Corp’s holdings in USCB Financial were worth $10,644,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Tower Research Capital LLC TRC raised its position in shares of USCB Financial by 2,081.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,210 shares of the company’s stock worth $70,000 after buying an additional 4,017 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of USCB Financial by 100.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,703 shares of the company’s stock worth $65,000 after purchasing an additional 1,854 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of USCB Financial by 66.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,217 shares of the company’s stock worth $39,000 after purchasing an additional 883 shares during the period. NewEdge Advisors LLC lifted its stake in shares of USCB Financial by 60.1% in the 4th quarter. NewEdge Advisors LLC now owns 1,700 shares of the company’s stock valued at $31,000 after purchasing an additional 638 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of USCB Financial by 10.9% in the 1st quarter. Bank of New York Mellon Corp now owns 48,008 shares of the company’s stock valued at $890,000 after purchasing an additional 4,711 shares in the last quarter. 61.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO La Aguilera Luis De sold 49,414 shares of USCB Financial stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $18.30, for a total value of $904,276.20. Following the completion of the transaction, the chief executive officer owned 242,945 shares in the company, valued at approximately $4,445,893.50. This trade represents a 16.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ramon Abadin sold 9,000 shares of the business’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $18.21, for a total value of $163,890.00. Following the completion of the sale, the director owned 24,561 shares of the company’s stock, valued at $447,255.81. This trade represents a 26.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 248,122 shares of company stock valued at $4,514,106. 27.40% of the stock is owned by corporate insiders.

Trending Headlines about USCB Financial

Here are the key news stories impacting USCB Financial this week:

• Positive Sentiment: USCB reported Q2 EPS of $0.49, matching analyst estimates, while revenue of $27.95 million came in above expectations of $26.74 million. The company also said net income rose year over year, which supports the move in the stock. Article Title
• Positive Sentiment: The company surpassed $3 billion in assets and posted 14.6% annualized linked-quarter loan growth, signaling healthy expansion and stronger operating momentum. Article Title
• Positive Sentiment: Management also pointed to a 3.49% net interest margin, ROAA of 1.26%, and ROAE of 15.90%, metrics that suggest USCB is still generating attractive profitability for a regional bank. Article Title
• Neutral Sentiment: Coverage from earnings-call transcripts and earnings previews mainly reiterates the reported results and provides additional context, but does not add a major new catalyst beyond the quarterly release. Article Title

USCB Financial Price Performance

Shares of NASDAQ:USCB opened at $21.67 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41. The company has a fifty day simple moving average of $19.53 and a 200 day simple moving average of $19.23. The firm has a market cap of $395.69 million, a PE ratio of 14.26 and a beta of 0.51. USCB Financial Holdings, Inc. has a 12-month low of $16.06 and a 12-month high of $21.83.

USCB Financial (NASDAQ:USCB) last posted its quarterly earnings data on Thursday, July 23rd. The company reported $0.49 EPS for the quarter, meeting analysts’ consensus estimates of $0.49. The firm had revenue of $27.95 million for the quarter, compared to the consensus estimate of $26.74 million. USCB Financial had a net margin of 17.24% and a return on equity of 16.07%. On average, equities research analysts anticipate that USCB Financial Holdings, Inc. will post 2.02 EPS for the current fiscal year.

USCB Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 17th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Monday, August 17th. USCB Financial’s dividend payout ratio (DPR) is 32.89%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on USCB. Hovde Group increased their price objective on shares of USCB Financial from $19.50 to $20.00 and gave the company a “market perform” rating in a research report on Monday, April 27th. Wall Street Zen lowered shares of USCB Financial from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Raymond James Financial reiterated a “strong-buy” rating on shares of USCB Financial in a report on Monday, April 27th. Piper Sandler upped their price objective on shares of USCB Financial from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of USCB Financial in a research note on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $22.00.

USCB Financial Company Profile

USCB Financial (NASDAQ: USCB) is a bank holding company headquartered in Columbia, South Carolina, serving as the parent company of United Security Bank. Established to support community banking in the Midlands region, the company focuses on relationship-driven financial services tailored to both individuals and businesses. As a regional player, USCB Financial emphasizes personalized service through a network of full-service branch offices.

The company’s core business activities include commercial and consumer lending, deposit products and alternative delivery channels.