USCB Financial stock price target raised to $23 by Piper Sandler

Investing.com - Piper Sandler raised its price target on USCB Financial Holdings (NASDAQ:USCB) to $23.00 from $22.00 on Monday, while maintaining an Overweight rating on the stock. The bank, currently trading at $17.43 with a market capitalization of $350 million, appears undervalued according to InvestingPro analysis.

The price target increase follows USCB’s announcement that it repurchased 2 million shares of its stock at $17.19 per share from certain institutional shareholders, including Patriot Financial.

The transaction has reduced Patriot Financial’s ownership stake in USCB to approximately 18.3% from about 22%, according to Piper Sandler’s analysis.

Piper Sandler views the repurchase as a "largely risk-less transaction" that boosts earnings per share and further reduces the overhang of the bank’s legacy private equity ownership.

The investment firm described USCB as a "very well-positioned small-cap bank" that could benefit from potential rate cuts, while maintaining strong loan growth and profitability in its South Florida markets.

In other recent news, USCB Financial Holdings reported strong financial results for the second quarter of 2025, surpassing both earnings and revenue forecasts. The bank achieved a diluted earnings per share of $0.40, slightly ahead of the forecasted $0.38, and reported revenue of $24.4 million, exceeding expectations by 2.87%. Additionally, USCB Financial has repurchased 10% of its outstanding shares, a move that often indicates confidence in the company’s future performance.

In terms of stock ratings, Raymond James has upgraded USCB Financial Holdings twice recently. The firm initially upgraded the stock from Market Perform to Outperform, citing growth momentum and improved operating efficiency, with a price target of $20.00. Following further meetings with USCB management, Raymond James further upgraded the stock to Strong Buy, raising the price target to $22.00. These recent developments highlight the bank’s positive trajectory and the confidence that analysts have in its continued performance.

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