Raymond James raises USCB PT after bond portfolio restructuring

Uscb Financial Holdings

08/12/2025 13:55

** Raymond James reiterates "strong buy" on regional lender USCB Financial USCB.O; raises PT to $23 from $22, a 26.2% upside to last close

** USCB's securities portfolio restructuring expected to boost EPS by 3.8% and net interest margin by 7 bps from first quarter of fiscal year 2026, brokerage says

** USCB last week sold $44.6 million of low-yield securities to boost profitability, which is expected to result in a $5.6 million after-tax loss in Q4 2025

** Brokerage views the net interest margin and EPS benefits as outweighing the unrealized loss from the restructuring

** 3 of 5 analysts rate the stock "buy" or "strong buy", 2 "hold"; median PT $21 - data compiled by LSEG

** As of last close, USCB up 2.6% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))