Quarterly ResultMay 8, 2026, 01:02 PM
USCB Financial Q1 Net Income +22.1% to $9.35M; EPS $0.51
AI Summary
USCB Financial Holdings, Inc. reported a significant increase in net income and EPS for Q1 2026 compared to Q1 2025. The company saw strong growth in total interest income and net interest income before credit losses. Total assets, deposits, and loans held for investment also increased quarter-over-quarter, while non-accrual loans saw a slight rise. The company also increased its cash dividend.
Key Highlights
- Net income increased 22.1% to $9.35 million for Q1 2026.
- Basic EPS rose 34.2% to $0.51 for Q1 2026.
- Total interest income grew 9.0% to $37.03 million.
- Net interest income before credit losses increased 15.3% to $22.05 million.
- Cash dividends declared increased 25% to $0.125 per share.
- Total assets grew 1.9% to $2.85 billion as of March 31, 2026.
- Total deposits increased 6.3% to $2.49 billion as of March 31, 2026.
- Loans held for investment, net, increased 2.4% to $2.21 billion.
- Non-accrual loans increased to $3.64 million from $3.14 million QoQ.
Price Impact
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