Stock Analysis
- United States
- /
- Banks
- /
- NasdaqGM:USCB
USCB Financial Holdings Full Year 2022 Earnings: Misses Expectations
USCB Financial Holdings (NASDAQ:USCB) Full Year 2022 Results
Key Financial Results
- Revenue: US$66.4m (up 4.8% from FY 2021).
- Net income: US$20.1m (up from US$70.6m loss in FY 2021).
- Profit margin: 30% (up from net loss in FY 2021). The move to profitability was primarily driven by lower expenses.
- EPS: US$1.01 (up from US$6.72 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
USCB Financial Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 7.7%.
Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 6.5% growth forecast for the Banks industry in the US.
Performance of the American Banks industry.
The company's shares are down 1.5% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on USCB Financial Holdings' balance sheet health.
What are the risks and opportunities for USCB Financial Holdings?
USCB Financial Holdings, Inc. operates as the bank holding company for U.S.
Rewards
Trading at 46.5% below our estimate of its fair value
Earnings are forecast to grow 9.38% per year
Became profitable this year
Risks
No risks detected for USCB from our risks checks.
Further research on
USCB Financial Holdings
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGM:USCB
USCB Financial Holdings
USCB Financial Holdings, Inc. operates as the bank holding company for U.S.
Flawless balance sheet and fair value.
