secwatch.observer — SEC 8-K summary
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Issuer:     USCB FINANCIAL HOLDINGS, INC. (USCB)
CIK:        0001901637
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001562762-24-000246
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCB Financial Holdings reports record Q3 EPS of $0.35, up 84% YoY; ROAA 1.11%
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- Net income $6.9M ($0.35 diluted EPS) vs $3.8M ($0.19) in Q3 2023, a record.
- Net interest margin expanded to 3.03% from 2.60%; net interest income up 29% to $18.1M.
- Total loans grew 15.2% YoY to $1.9B; deposits up 10.7% to $2.1B.
- Non-interest income surged 59% to $3.4M; efficiency ratio improved to 53.16%.
- Declared $0.05/share dividend payable Dec 5, 2024; repurchased 10k shares at ~$12.03.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901637/000156276224000246/0001562762-24-000246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901637/000156276224000246/uscb-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001562762-24-000246

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer