USCB Financial Holdings, Inc. (USCB) Q1 2026 Earnings Call Transcript
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SA Transcripts159.44K FollowersFollow5ShareSaveCommentsFollow us on Google for the latest stock newsFollow Seeking Alpha on Google for the latest stock newsQ1: 2026-04-23 Earnings SummaryInsightsTranscript InsightsPlay CallPlay CallEPS of $0.51 beats by $0.03 | Revenue of $26.20M (14.75% Y/Y) beats by $245.00K USCB Financial Holdings, Inc. (USCB) Q1 2026 Earnings Call April 24, 2026 11:00 AM EDT Company Participants Luis de la Aguilera - President, CEO & ChairmanRobert Anderson - Executive VP & CFOWilliam Turner - Executive VP & Chief Credit Officer Conference Call Participants William Jones - Keefe, Bruyette, & Woods, Inc., Research DivisionMichael Rose - Raymond James & Associates, Inc., Research DivisionFeddie Strickland - Hovde Group, LLC, Research DivisionHoward Feinglass - Priam Capital Presentation Operator Good morning, everyone, and welcome to the Q1 2026 USCB Financial Holdings, Inc.
Earnings Conference Call. [Operator Instructions] Please also note, today's event is being recorded. At this time, I'd like to turn the conference call over to Luis de la Aguilera, Chairman, President and CEO. Sir, please go ahead. Luis de la AguileraPresident, CEO & Chairman Good morning, and thank you for joining us for the USCB Financial Holdings First 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 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 31, 2026, the company generated net income of $9.4 million or $0.51 per diluted share on a GAAP basis. On an operating or adjusted basis, diluted EPS was $0.47, operating ROAA was 1.25%, ROAE was 15.92% and an efficiency ratio of 52.36%. These results reflect consistent execution of our long-term business model focused on disciplined growth, prudent risk management and sustainable profitability. At a high