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Financial statements

USCB FINANCIAL HOLDINGS, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data USCB FINANCIAL HOLDINGS, INC. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2021FY2021FY2022FY2023FY2024FY2025
Interest expense9.044.237.4442.4
Interest income0000.82
Pre-tax income13.427.727.121.832.535.9
Income tax2.596.66.945.257.89.82
Net income10.821.120.116.524.726.1
EPS, basic1.251.34
EPS, diluted1.241.33
Shares, basic (weighted)19.719.4
Shares, diluted (weighted)19.819.7

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents47.746.254.241.17738.5
Property, plant and equipment6.355.285.264.844.564.25
Lease right-of-use assets14.514.214.411.48.455.52
Total assets1,5021,8542,0862,3392,5812,792
Total liabilities1,3311,6501,9032,1472,3662,574
Paid-in capital178311311305308279
Retained earnings-53.6-124-104-88.5-67.8-49.5
Other comprehensive income4.78-2.52-44.8-44.3-44.5-30.3
Shareholders' equity171204182192215217
Total equity171204182192215217
Total liabilities and equity1,5021,8542,0862,3392,5812,792

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income10.821.120.116.524.726.1
Depreciation and amortization1.310.690.590.590.62
Stock-based compensation0.190.290.521.012.133.01
Deferred income tax2.596.66.945.257.86.75
Cash from operations13.122.129.522.534.842.8
Capital expenditures-0.35-0.63-0.67-0.16-0.31-0.3
Purchases of investments-254-259-53.1-40.4-85.7-140
Sales and maturities of investments55.248.960.624.234.882.5
Cash from investing-179-359-271-273-213-245
Stock issued0.0239.80.10.081.320.8
Share buybacks-7.58-0.5-34.6
Dividends paid-3.13-2.08-3.94-7.83
Cash from financing178336249237214164
Net change in cash12-1.517.94-13.136-38.6
Free cash flow12.821.428.922.434.542.5
Interest paid8.844.297.3141.360.560

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $22.63 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate27.2%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)12.3%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)1.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y5.8%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y9.0%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y19.3%Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y7.3%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y22.9%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y13.2%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y26.7%Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y23.1%Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y13.8%Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y27.2%Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y0.8%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y6.0%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y4.9%Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y8.1%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y10.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y13.2%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y-0.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets92.3%Total liabilities / total assets.
Tangible book value$233.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion170.9%Free cash flow / net income, when net income is positive.
Capex / operating cash flow1.9%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
Payout ratio29.2%Dividends paid / net income, when net income is positive.
Dividends / FCF17.1%Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF72.1%Share buybacks / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$418.1MShare price x shares outstanding.
Enterprise value$299.9MMarket cap + total debt - cash - short-term investments.
P/E14.6xMarket cap / net income. Only when net income is positive.
P/B1.79xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.79xMarket cap / tangible book value, when positive.
P/FCF8.52xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF8.35xMarket cap / cash from operations, when positive.
EV/FCF6.11xEnterprise value / free cash flow, when both are positive.
FCF yield11.7%Free cash flow / market cap.
Earnings yield6.9%Net income / market cap (the inverse of P/E).
Dividend yield2.0%Dividends paid over the period / market cap.
Shareholder yield10.5%(Dividends paid + share buybacks) / market cap.
Was USCB FINANCIAL HOLDINGS, INC. profitable in fiscal 2025?

Yes. Net income was $26.1M, a net margin of -.

How much free cash flow did USCB FINANCIAL HOLDINGS, INC. generate in fiscal 2025?

Cash from operations of $42.8M minus capital expenditures of $303.0K left free cash flow of $42.5M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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