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what it is
USCB is a Miami-area bank that takes deposits, makes loans, and sells cash-management services to local businesses.
how it gets paid
FY2025 net interest income before provision for credit losses was $83.6M (up from $69.9M in 2024). Non-interest income was $6.6M on a reported basis, including a Q4 loss on securities sales from a balance-sheet restructuring.
why it's growing
Net interest income before provision rose about 19.6% vs 2024. Full-year net income was $26.1M; diluted EPS was $1.33 vs $1.24 in 2024.
what just happened
Q4 2025 net interest income before provision was $22.2M; GAAP diluted EPS was $0.07 after restructuring and tax items, vs operating diluted EPS of $0.44 excluding those effects (non-GAAP).
At a glance
B balance sheet — gets the job done, barely
~14.6x trailing p/e (≈$19.44 ÷ $1.33 FY2025 diluted EPS) — the market's not buying it — or you found a deal
~2.6% dividend yield at the $0.125/qtr rate declared Jan 2026 (annualized)
$1.33 fy2025 diluted eps
$83.6M fy2025 NII (before provision)
xvary composite: 53/100 — below average
What they do
USCB is a Miami-area bank that takes deposits, makes loans, and sells cash-management services to local businesses.
Ten banking centers in South Florida mean your banker is local, not a toll-free line. That matters when a commercial loan needs a face, a handshake, and a quick yes or no. At year-end 2025 the holding company had about $2.8B in assets and $2.2B in loans—scale that is still community-bank sized.
How they make money
$83.6M
FY2025 net interest income (before provision) · up about +19.6% vs 2024
Net interest income (before provision)
$83.6M
+19.6%
Non-interest income (reported)
$6.6M
−48%
The products that matter
lends deposits at a spread
Net interest income
$83.6M · FY2025 (before provision)
this is the core engine for a bank. Q4 2025 net interest margin was 3.27% vs 3.16% in Q4 2024, per the earnings tables.
3.27% NIM (Q4)
fees and banking services
Non-interest income
$6.6M · FY2025 (reported)
fees and other non-interest lines matter for diversification, but Q4 2025 included a securities restructuring loss that pushed reported non-interest income negative for the quarter.
diversifier
returns cash to shareholders
Dividend payout
$0.125 quarterly
the board raised the dividend 25% to $0.125 per share (declared Jan 2026). annualized $0.50 on a ~$19.44 price is about a 2.6% cash yield—not huge, but it raises the bar for earnings consistency.
25% hike
Key numbers
$83.6M
NII (before provision)
For banks, net interest income is the cleanest “sales” analog—distinct from gross interest income ($145.5M in 2025), which is before funding costs.
$329M
market cap
You are paying about 2.3x revenue for a bank this small.
~2.6%
dividend yield
$0.125/qtr × 4 ÷ ~$19.44 ≈ 2.6% at the hero price—aligns with the scoreboard pill using the same declared rate.
~$198M
FHLB + sub notes
Year-end 2025 borrowings included about $158M in FHLB advances and $39M in subordinated notes—pair that with deposit funding and capital ratios in the release.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 3 — safer than 50% of stocks
- price stability 55 / 100
- long-term debt ~$198M FHLB + subordinated notes (see 12/31/25 balance sheet)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for USCB right now.
source: institutional data · return history unavailable
What just happened
Q4 2025 reported
Q4 2025 net interest income before provision $22.2M; GAAP diluted EPS $0.07.
Results included portfolio restructuring and tax items that depressed GAAP EPS; the company also reported operating diluted EPS of $0.44 for Q4 2025 excluding those items. FY2025 net income was $26.1M ($1.33 diluted EPS).
$22.2M
Q4 NII (pre-prov.)
$0.07
GAAP diluted EPS
3.27%
Q4 NIM
the number that mattered
The restructuring-related securities loss in Q4 is the bridge between “operating” and GAAP earnings—read both or you misread the quarter.
P0: USCB Financial Holdings Q4/FY 2025 release (Jan 22, 2026) — Globe Newswire
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What could go wrong
your top risk is reported earnings staying far below the adjusted version management prefers.
high
earnings quality and portfolio marks
Q4 reported EPS came in at $0.07, while operating EPS was presented as $0.44 after excluding portfolio losses. When the official result and the preferred result are that far apart, investors stop trusting the headline number.
If that gap keeps showing up, the ~14.6x multiple stays cheap for a reason.
high
insider sale at a bad time
The CEO sold 10,000 shares for about $180k on Jan. 29, 2026, just after the earnings release. One sale does not prove anything. It does make the market less patient with the next weak print.
You are not just underwriting the bank. You are underwriting management credibility.
med
no moat in a crowded Florida market
USCB has $2.8B in assets and calls on local relationships, not structural advantage. Larger banks can compete on price, branch reach, technology, and marketing.
That limits how much premium valuation you should assign even if credit stays clean.
med
commercial growth is still a small target
Management's 2026 goal is to add 3–5 new commercial banking relationships. That is measurable, but it also tells you growth is incremental rather than explosive.
Miss that target and the revenue story looks more like maintenance than momentum.
You own a ~$329M market-cap bank with ~$2.8B in assets, ~$198M in FHLB advances plus subordinated notes at 12/31/25, and a quarter where GAAP EPS was $0.07 while management highlighted $0.44 operating (non-GAAP).
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
march 6 dividend payment
The new $0.125 quarterly dividend gets paid on march 6, 2026. A higher payout is nice. The more important question is whether earnings keep up with it.
risk
another wide gap between reported and operating EPS
One messy quarter can happen. If the next one again asks you to ignore the reported number and focus on an adjusted one, the market will notice.
metric
3.20% net interest margin
This is the spread that powers the bank. If it holds or improves, core earnings have a chance to look cleaner next quarter.
trend
commercial relationship adds
Management set a 2026 goal of adding 3–5 new commercial banking relationships. That is small enough to track and important enough to matter.
Analyst rankings
street coverage
thin
there is not much analyst depth here. in human-speak, one target is a datapoint, not a crowd verdict.
median target
$22.00
that sits above the current $19.44 price, but thin coverage means you should treat it as directional, not definitive.
valuation setup
~14.6x
cheap enough to investigate, not cheap enough to ignore the quality questions.
source: institutional data
Institutional activity
institutional ownership data for USCB is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$19
current price
n/a
target midpoint · n/a from current
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