Filing Analysis
USCB Financial Holdings, Inc. filed an 8-K to furnish an investor presentation regarding its Q3 2024 results under Regulation FD.
📋 Key Facts
- The filing is a disclosure of an investor presentation (Exhibit 99.1) used by management for investor relations.
- The presentation covers the company's Q3 2024 performance.
- Information in the presentation is furnished under Item 7.01 and is not considered 'filed' for purposes of Section 18 liability.
USCB Financial Holdings, Inc. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2024 and to provide notice of an upcoming earnings conference call.
📋 Key Facts
- Company released quarterly financial results for the period ending September 30, 2024 on October 31, 2024.
- An earnings conference call is scheduled for November 1, 2024, at 11:00 a.m. ET to discuss performance.
- The company furnished an earnings presentation (Exhibit 99.2) and a press release (Exhibit 99.1).
USCB Financial Holdings, Inc. announced the declaration of a quarterly cash dividend for its Class A common stock.
📋 Key Facts
- Dividend amount: $0.05 per share of Class A common stock.
- Record date: November 15, 2024 (close of business).
- Payment date: December 5, 2024.
USCB Financial Holdings, Inc. filed an 8-K to provide an investor presentation for Q2 2024 under Regulation FD disclosure requirements.
📋 Key Facts
- The filing is a Regulation FD Disclosure (Item 7.01).
- Management released the 'USCB Financial Holdings, Inc. Investor Presentation Q2 2024' as Exhibit 99.1.
- The presentation is intended for use by management in meetings with investors and other parties.
- The information provided in the presentation is furnished but not filed under Section 18 of the Exchange Act.
USCB Financial Holdings, Inc. filed an 8-K to announce its quarterly earnings results for the period ended June 30, 2024 and to provide notice of an upcoming earnings conference call.
📋 Key Facts
- Company issued a press release regarding financial results for the quarter ended June 30, 2024 on July 25, 2024.
- An earnings conference call is scheduled for July 26, 2024, at 11:00 a.m. ET.
- Earnings presentation slides were furnished as Exhibit 99.2.
USCB Financial Holdings, Inc. has declared its third quarterly cash dividend of $0.05 per share of Class A common stock.
📋 Key Facts
- Dividend amount: $0.05 per share of Class A common stock.
- Record date: August 15, 2024 (close of business).
- Payment date: September 5, 2024.
USCB Financial Holdings, Inc. held its Annual Meeting of Shareholders on May 28, 2024. The meeting resulted in the election of nine directors and the ratification of Crowe LLP as the company's independent auditor for the fiscal year ending December 31, 2024.
📋 Key Facts
- Annual Meeting held on May 28, 2024.
- Quorum was established with 18,872,382 shares represented (out of 19,650,463 eligible shares).
- Nine directors were elected to one-year terms ending in 2025: Ramon Abadin, Luis de la Aguilera, Maria C. Alonso, Howard P. Feinglass, Bernardo Fernandez, M.D., Robert E. Kafafian, Aida Levitan Ph.D., Ramon A. Rodriguez, and W. Kirk Wycoff.
- Shareholders ratified the appointment of Crowe LLP as independent registered public accounting firm for 2024 with 18,685,366 votes in favor.
USCB Financial Holdings, Inc. filed an 8-K to announce its quarterly financial results for the period ending March 31, 2024 and to provide notice of an upcoming earnings conference call.
📋 Key Facts
- The company issued a press release regarding financial results for the quarter ended March 31, 2024.
- An earnings conference call is scheduled for April 26, 2024, at 11:00 a.m. ET to discuss performance.
- Earnings presentation slides have been provided as Exhibit 99.2.
USCB Financial Holdings, Inc. announced the declaration of its second quarterly cash dividend for Class A common stock.
📋 Key Facts
- Dividend amount: $0.05 per share of Class A common stock.
- Record date: May 15, 2024 (close of business).
- Payment date: June 5, 2024.
USCB Financial Holdings, Inc. announced the adoption of a quarterly cash dividend program and declared its first quarterly cash dividend.
📋 Key Facts
- Dividend amount: $0.05 per share of Class A common stock.
- Record date: February 15, 2024 (close of business).
- Payment date: March 5, 2024.
- The dividend marks the company's first quarterly cash dividend.
USCB Financial Holdings, Inc. filed an 8-K to announce the release of its fourth quarter financial results for the period ended December 31, 2023 and to provide details regarding an upcoming earnings conference call.
📋 Key Facts
- Company issued a press release announcing Q4 2023 financial results on January 25, 2024.
- An earnings conference call is scheduled for January 26, 2024, at 11:00 a.m. ET to discuss performance.
- Earnings presentation slides were provided as Exhibit 99.2.
USCB Financial Holdings, Inc. announced that a lawsuit filed by shareholders against former directors has been dismissed with prejudice by a Florida court. The litigation involved allegations of ultra vires conduct and breach of fiduciary duty related to a 2021 stock exchange transaction.
🚩 Red Flags
- None identified; this is a resolution of a legal liability/risk.
📋 Key Facts
- The litigation (Benes et al. v. de la Aguilera et al.) was originally commenced on July 13, 2023.
- Plaintiffs alleged the 2021 Exchange Transaction of Class C and D preferred stock for Class A common stock was unauthorized by the Bank's Articles of Incorporation.
- The Court granted the Defendants' motion to dismiss with prejudice on December 27, 2023.
- The dismissal renders final judgment in favor of the Defendants (former directors).
- Plaintiffs had sought damages exceeding $750,000 plus attorney's fees and costs.