USCB Financial Holdings, Inc. (USCB) Balance Sheet
USCB balance sheet, 2025
December 31, 2025 · U.S. dollars$2.80B assets = $2.59B liabilities + $212.4M equity
Both columns are drawn to the same scale: what USCB owns equals what it owes plus shareholders’ equity. Hover a block for its value.
USCB financial health
Descriptive bands, not a rating. Fiscal 2025.
USCB balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.31B2019 | $2.80B2025 | +13.5%/yr | |
| Total liabilities | $1.15B2019 | $2.59B2025 | +14.4%/yr | |
| Shareholders’ equity | $160.3M2019 | $212.4M2025 | +4.8%/yr | |
| Cash & short-term investments | $35.7M2019 | $82.3M2025 | +14.9%/yr | |
| Total debt | $41.0M2019 | $90.7M2025 | +14.2%/yr | |
| Net cash (debt) | −$5.3M2019 | −$8.4M2025 | −$3.2M | |
| Working capital | $35.3M2019 | −$2.42B2025 | −$2.5B | |
| Book value per share | $15.932019 | $11.582025 | −5.2%/yr | |
| Debt / equity | 0.262019 | 0.432025 | +0.17 | |
| Shares outstanding | 10.1M2019 | 18.3M2025 | +10.5%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
USCB assets
USCB liabilities and equity
USCB debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
USCB balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | $82.3M | $294.2M | $270.4M | $54.2M | $46.2M | $47.7M | $35.7M |
| Cash & equivalents | $82.3M | $77.0M | $41.1M | $54.2M | $46.2M | $47.7M | $35.7M |
| Short-term investments | $0 | $217.2M | $229.3M | — | — | — | — |
| Receivables | $11.7M | $10.9M | $10.7M | $7.5M | $6.0M | $5.5M | $0 |
| Inventory | $0 | $0 | −$51.8M | −$61.7M | −$52.2M | −$53.3M | $0 |
| Other current assets | $0 | $0 | $51.8M | $61.7M | $52.2M | $53.3M | $0 |
| Total current assets | $82.3M | $305.2M | $281.1M | $61.7M | $52.2M | $53.3M | $35.7M |
| Property, plant & equipment (net) | $9.8M | $13.0M | $16.3M | $19.7M | $19.5M | $20.9M | $24.6M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $461.4M | $424.9M | $404.3M | $1.72B | $1.58B | $334.3M | $0 |
| Other non-current assets | $2.25B | $1.84B | $1.64B | $284.5M | $205.7M | $1.09B | $1.25B |
| Total assets | $2.80B | $2.58B | $2.34B | $2.09B | $1.85B | $1.50B | $1.31B |
| Liabilities | |||||||
| Accounts payable | $2.45B | $20.4M | $15.6M | $13.7M | $9.5M | $6.8M | $1.02B |
| Short-term debt | $51.5M | $16.0M | $5.0M | $3.2M | $2.8M | — | — |
| Deferred revenue | — | — | — | −$14.4M | $6.6M | — | — |
| Total current liabilities | $2.50B | $2.21B | $1.96B | $1.84B | $1.60B | $1.28B | $446,000 |
| Long-term debt | $197.6M | $147.0M | $183.0M | $46.0M | $36.0M | $36.0M | $0 |
| Lease obligations | $5.5M | $8.5M | $11.4M | $14.4M | $14.2M | $14.5M | — |
| Other long-term liabilities | $0 | $8.5M | $6.4M | $14.4M | $14.2M | $14.5M | $1.15B |
| Total liabilities | $2.59B | $2.37B | $2.15B | $1.90B | $1.65B | $1.33B | $1.15B |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | $20.1M | $19.9M | $19.6M | $20.0M | $20.0M | $10.0M | $10.0M |
| Retained earnings (deficit) | −$67.8M | −$67.8M | −$88.5M | −$104.1M | −$124.2M | −$53.6M | −$61.3M |
| Accumulated other comprehensive income | −$17.8M | −$44.5M | −$44.3M | −$44.8M | −$2.5M | $4.8M | $2.0M |
| Total shareholders' equity | $212.4M | $215.4M | $192.0M | $182.4M | $203.9M | $171.0M | $160.3M |
| Key figures | |||||||
| Total debt | $90.7M | $171.5M | $194.4M | $60.4M | $50.2M | $50.5M | $41.0M |
| Net cash (debt) | −$8.4M | $122.8M | $76.0M | −$6.2M | −$4.0M | −$2.8M | −$5.3M |
| Working capital | −$2.42B | −$1.91B | −$1.68B | −$1.78B | −$1.55B | −$1.23B | $35.3M |
| Tangible book value | $212.4M | $215.4M | $192.0M | $182.4M | $203.9M | $171.0M | $160.3M |
| Book value per share | $11.58 | $10.86 | $9.75 | $9.04 | $10.42 | $8.82 | $15.93 |
| Shares outstanding | 18.3M | 19.8M | 19.7M | 20.2M | 19.6M | 19.4M | 10.1M |
| Current ratio | 0.03 | 0.14 | 0.14 | 0.03 | 0.03 | 0.04 | 80.14 |
| Quick ratio | 0.04 | 0.14 | 0.14 | 0.03 | 0.03 | 0.04 | 80.14 |
| Debt / equity | 0.43 | 0.80 | 1.01 | 0.33 | 0.25 | 0.30 | 0.26 |
| Equity / assets | 7.6% | 8.3% | 8.2% | 8.7% | 11.0% | 11.4% | 12.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $118.2M | $356.1M | $82.3M | $381.0M | $54.8M | $373.1M | $294.2M | $298.0M | $313.7M | $126.5M | $270.4M | $252.0M |
| Cash & equivalents | $118.2M | $79.0M | $82.3M | $56.8M | $54.8M | $98.0M | $77.0M | $38.5M | $77.3M | $126.5M | $41.1M | $33.4M |
| Short-term investments | $313.9M | $277.2M | $0 | $324.2M | $0 | $275.1M | $217.2M | $259.5M | $236.4M | — | $229.3M | $218.6M |
| Receivables | $11.7M | $2.21B | $11.7M | $12.1M | $11.3M | $11.0M | $10.9M | $10.8M | $11.5M | $11.6M | $10.7M | $8.9M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$88.8M | −$138.1M | −$51.8M | −$42.4M |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $88.8M | $138.1M | $51.8M | $42.4M |
| Total current assets | $118.2M | $2.57B | $82.3M | $393.1M | $66.1M | $384.1M | $305.2M | $308.8M | $325.2M | $138.1M | $281.1M | $261.0M |
| Property, plant & equipment (net) | $17.3M | $9.2M | $9.8M | $10.6M | $11.4M | $12.2M | $13.0M | $13.8M | $14.7M | $15.5M | $16.3M | $17.1M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $469.0M | $427.1M | $461.4M | $480.5M | $444.1M | $436.9M | $424.9M | $426.5M | $406.1M | $433.0M | $404.3M | $415.9M |
| Other non-current assets | $2.42B | $0 | $2.25B | $1.88B | $2.20B | $1.84B | $1.84B | $1.75B | $1.71B | $1.90B | $1.64B | $1.55B |
| Total assets | $3.02B | $2.85B | $2.80B | $2.77B | $2.72B | $2.68B | $2.58B | $2.50B | $2.46B | $2.49B | $2.34B | $2.24B |
| Liabilities | ||||||||||||
| Accounts payable | — | — | $2.45B | — | — | — | $20.4M | $36.2M | $28.6M | $18.7M | $15.6M | $26.6M |
| Short-term debt | $112.0M | $53.0M | $51.5M | — | $6.0M | — | $16.0M | $16.0M | — | — | $5.0M | $25.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | — | — | — | $1.6M |
| Total current liabilities | $112.0M | $2.55B | $2.50B | $2.46B | $2.34B | $2.31B | $2.21B | $2.16B | $2.09B | $2.12B | $1.96B | $1.95B |
| Long-term debt | $280.3M | $92.3M | $197.6M | $50.3M | $102.0M | $108.0M | $147.0M | $118.0M | $162.0M | $162.0M | $183.0M | $102.0M |
| Lease obligations | $12.6M | $4.8M | $5.5M | $6.3M | $7.0M | $7.7M | $8.5M | $9.2M | $9.9M | $10.7M | $11.4M | $12.2M |
| Other long-term liabilities | $2.39B | $0 | $0 | $53.0M | $44.2M | $34.7M | $8.5M | $9.2M | $9.9M | $10.7M | $6.4M | $12.2M |
| Total liabilities | $2.79B | $2.62B | $2.59B | $2.56B | $2.49B | $2.45B | $2.37B | $2.29B | $2.26B | $2.29B | $2.15B | $2.06B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $18.5M | $18.3M | $20.1M | $18.1M | $20.1M | $20.0M | $19.9M | $19.6M | $19.6M | $19.6M | $19.6M | $19.5M |
| Retained earnings (deficit) | −$35.7M | −$42.5M | −$67.8M | −$49.1M | −$56.0M | −$62.2M | −$67.8M | −$73.8M | −$79.8M | −$85.0M | −$88.5M | −$91.3M |
| Accumulated other comprehensive income | $31.4M | −$31.4M | −$17.8M | −$37.8M | −$41.8M | −$41.1M | −$44.5M | −$38.0M | −$44.7M | −$45.4M | −$44.3M | −$51.2M |
| Total shareholders' equity | $233.2M | $223.2M | $212.4M | $209.1M | $231.6M | $225.1M | $215.4M | $213.9M | $201.0M | $195.0M | $192.0M | $182.9M |
| Key figures | ||||||||||||
| Total debt | $292.9M | $92.3M | $90.7M | $56.5M | $115.0M | $115.7M | $171.5M | $127.2M | $171.9M | $172.7M | $194.4M | $114.2M |
| Net cash (debt) | −$174.7M | $263.8M | −$8.4M | $324.4M | −$60.2M | $257.4M | $122.8M | $170.8M | $141.8M | −$46.1M | $76.0M | $137.9M |
| Working capital | $6.2M | $24.5M | −$2.42B | −$2.06B | −$2.28B | −$1.93B | −$1.91B | −$1.85B | −$1.76B | −$1.98B | −$1.68B | −$1.69B |
| Tangible book value | $233.2M | $223.2M | $212.4M | $209.1M | $231.6M | $225.1M | $215.4M | $213.9M | $201.0M | $195.0M | $192.0M | $182.9M |
| Book value per share | $12.60 | $12.10 | $11.58 | $10.58 | $11.41 | $11.08 | $10.67 | $10.79 | $10.20 | $9.90 | $9.81 | $9.33 |
| Shares outstanding | 18.5M | 18.5M | 18.3M | 19.8M | 20.3M | 20.3M | 20.2M | 19.8M | 19.7M | 19.7M | 19.6M | 19.6M |
| Current ratio | 1.05 | 1.01 | 0.03 | 0.16 | 0.03 | 0.17 | 0.14 | 0.14 | 0.16 | 0.07 | 0.14 | 0.13 |
| Quick ratio | 1.16 | 1.01 | 0.04 | 0.16 | 0.03 | 0.17 | 0.14 | 0.14 | 0.16 | 0.07 | 0.14 | 0.13 |
| Debt / equity | 1.26 | 0.41 | 0.43 | 0.27 | 0.50 | 0.51 | 0.80 | 0.59 | 0.86 | 0.89 | 1.01 | 0.62 |
| Equity / assets | 7.7% | 7.8% | 7.6% | 7.6% | 8.5% | 8.4% | 8.3% | 8.5% | 8.2% | 7.8% | 8.2% | 8.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 13, 2026); data from EODHD.
USCB financial position
At the end of fiscal 2025 (December 31, 2025), USCB Financial had total assets of $2.8 billion (up 8.5% from a year earlier), total liabilities of $2.6 billion and shareholders' equity of $212.4 million. It held $82.3 million in cash and short-term investments against $90.7 million of debt, net debt of $8.4 million. Its current ratio was 0.03. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $233.2 million.
Related: USCB income statement, USCB cash flow statement, USCB key metrics. See the USCB stock overview for the latest quote and news.
USCB balance sheet FAQ
What are USCB Financial's total assets?
USCB Financial reported total assets of $2.8 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.6 billion a year earlier.
How much debt does USCB Financial have?
USCB Financial had $90.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.43.
How much cash does USCB Financial have?
USCB Financial held $82.3 million in cash and short-term investments at the end of fiscal 2025; with $90.7 million of debt that is net debt of $8.4 million.
What is USCB Financial's book value?
USCB Financial's shareholders' equity (book value) was $212.4 million at the end of fiscal 2025, or $11.58 per share.
What is USCB Financial's current ratio?
USCB Financial had current assets of $82.3 million and current liabilities of $2.5 billion, a current ratio of 0.03 (current liabilities exceed current assets).