Quarterly ResultAug 7, 2026, 11:18 AM
USCB Financial Q2 Net Income +11.5% to $9.08M; EPS $0.49
AI Summary
USCB Financial Holdings, Inc. reported strong financial results for the second quarter of 2026, with net income increasing by 11.5% year-over-year to $9.08 million and diluted EPS rising 22.5% to $0.49. The company also saw significant growth in its balance sheet, with total assets reaching $3.02 billion, a 8.17% increase since December 31, 2025. Loans held for investment and total deposits also experienced healthy growth, alongside an increase in cash dividends declared.
Key Highlights
- Net income for Q2 2026 increased by 11.5% to $9.08 million, up from $8.14 million in Q2 2025.
- Diluted earnings per share rose 22.5% to $0.49 in Q2 2026, compared to $0.40 in Q2 2025.
- Net interest income before provision for credit losses grew 15.9% to $24.39 million in Q2 2026.
- Total assets increased by 8.17% to $3.02 billion as of June 30, 2026, from $2.79 billion at December 31, 2025.
- Total deposits grew 4.57% to $2.45 billion as of June 30, 2026, from $2.35 billion at December 31, 2025.
- Loans held for investment, net, increased 6.1% to $2.30 billion as of June 30, 2026, from $2.16 billion at December 31, 2025.
- Cash dividends declared increased 25% to $0.125 per share in Q2 2026, up from $0.10 in Q2 2025.
- Allowance for credit losses on loans increased to $26.70 million as of June 30, 2026, from $25.50 million at December 31, 2025.
Price Impact
More from USCB