USCB · USCB Financial Holdings, Inc.

USCB Financial Holdings delivered a record first quarter in 2026, with net income rising 22% year-over-year to $9.4 million, or $0.51 per diluted share. Chairman, President, and CEO Luis de la Aguilera attributed the performance to strong core earnings and disciplined balance sheet execution. The results were bolstered by a 15.3% increase in net interest income to $22.0 million, driven by effective asset deployment and margin resilience, as the net interest margin expanded 17 basis points to 3.27%. The company also recognized a one-time income tax benefit of $619 thousand related to a deferred tax asset adjustment; excluding this item, operating diluted EPS was $0.47. Balance sheet growth remained robust, with total loans increasing 10.1% to $2.2 billion and total deposits rising 8.0% to $2.5 billion compared to the prior year period. Asset quality metrics improved, with the ratio of non-performing loans to total loans declining to 0.16% from 0.20%. The allowance for credit losses stood at 1.16% of total loans. Capital position remained strong with a total risk-based capital ratio of 14.09% for the Company. Additionally, the Board declared a quarterly dividend of $0.125 per share, payable June 5, 2026.