USCB Financial Holdings, Inc. (USCB) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and welcome to the USCB Financial Holdings, Inc. Quarter 2, 2026 Earnings Conference Call. All participants will be in 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 then one on a touch-tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Luis de la Aguilera, President and CEO. Please go ahead. Good morning, and thank you for joining us for the USCB Financial Holdings Second Quarter 2026 Earnings Call. I'm Luis de la Aguilera, Chairman, President, and CEO of USCB Financial Holdings. Joining me today are Rob Anderson, our Chief Financial Officer, and Sergio Garrido, our chief credit officer. Rob will walk you through our financial results in detail and Sergio will review credit quality. I'm very pleased to report another strong quarter, one that marks an important milestone for our company as we surpassed 3 billion in total assets, driven by record loan production, meaningful margin expansion, and continued pristine credit quality. For the quarter ended June 3rd, 2026, the company generated net income of 9.1 million were 49 cents per diluted share compared to 40 cents per diluted share in the second quarter of last year, a 22.5% increase year over year. Profitability metrics remain best in class with ROA of 1.26, ROAE of 15.9%, and an efficiency ratio that improved to 49.97%, below 50% for the first time and down from 52.34% in the first quarter. At a high level, total assets surpassed $3 billion, up 11% year over year. Loans grew to $2.3 billion, up 9.9% year over ye...