USCB Financial Holdings, Inc. (USCB) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to the Q1 2026 USCB Financial Holdings, Inc. Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then one on your touchtone telephones. To draw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the conference call over to Lou de la Aguilera, Chairman, President, and CEO. Sir, please go ahead. Good morning, and thank you for joining us for the USCB Financial Holdings First Quarter 2026 Earnings Call. I'm Lou de la Aguilera, Chairman, President, and CEO of USCB Financial Holdings. Joining me today are Rob Anderson, our Chief Financial Officer, and Bill Turner, our Chief Credit Officer. Rob will walk you through our financial results in detail and Bill will review credit quality and portfolio trends. We are very pleased to report on another record quarter highlighted by strong core earnings, disciplined balance sheet execution, and our continued focus on maintaining strong credit quality. For the quarter ending March 31st, 2026, the company generated net income of 9.4 million or 51 cents per diluted share on a gap basis. On an operating or adjusted basis, diluted EPS was 47 cents, operating ROAA was 125, ROAE was 1592%, and an efficiency ratio of 52.36%. These results reflect consistent execution of our long-term business model focused on discipline growth, prudent risk management, and sustainable profitability. At a high level, total assets reached 2.8 billion, up 6.3% year over year, Loans increased 10.1% year-over-...