Quarterly ResultApr 23, 2026, 04:44 PM
USCB Financial Q1 Net Income Jumps 22% to $9.4M; EPS Hits $0.51
AI Summary
USCB Financial Holdings reported record net income of $9.4 million, or $0.51 per diluted share, for Q1 2026, marking a 22% increase year-over-year. The company achieved strong core earnings performance with annualized return on average assets (ROAA) rising to 1.34% and net interest income growing by 15.3%. Asset quality remained strong, with non-performing loans decreasing, while total assets, loans, and deposits all showed healthy growth.
Key Highlights
- Net income increased 22% to $9.4 million in Q1 2026.
- Diluted EPS reached a record $0.51 per share.
- Annualized ROAA rose to 1.34% from 1.19% year-over-year.
- Net interest income grew 15.3% to $22.0 million.
- Total loans increased 10.1% to $2.2 billion.