USCB Financial Holdings Reports Record Earnings and Growth with Strong Loan and Deposit Growth

USCB Financial Holdings reported record Q2 earnings with a net income of $8.1 million, a 29% YoY increase. Total loans grew by 15.1% annually to $2.1 billion, and deposits rose by 4.5% to $2.3 billion. The company achieved investment-grade debt ratings and saw improved profitability metrics, including a net interest margin of 3.28%. Despite a slight decrease in noninterest income and the impact of low-yield pandemic-era securities, the outlook remains optimistic.

USCB Financial Holdings, Inc. (NASDAQ: USCB) reported record quarterly net income of $8.1 million for Q2 2025, reflecting a significant increase of 29% year-over-year (YoY). The company's net income was $6.2 million for the same period in 2024. This performance was driven by robust loan growth and disciplined deposit pricing, with a net interest margin (NIM) of 3.28% [1].

Total loans increased by 15.1% annually to $2.1 billion, while deposits rose by 4.5% to $2.3 billion. The company's total assets grew by 10.6% to $2.7 billion. Chairman and CEO Luis de la Aguilera highlighted the company's record profitability ratios and noted the increase in NIM, which was driven by strong loan growth and disciplined deposit pricing [1].

Despite the positive financial results, USCB Financial Holdings faced a slight increase in the provision for credit losses, rising to $1.0 million. This indicates potential concerns about asset quality and credit risk management. The ratio of non-performing loans to total loans increased from 0.04% in 2024 to 0.06% in 2025, suggesting a decline in asset quality [1].

The board declared a quarterly cash dividend of $0.10 per share, payable on September 5, 2025. The company's annualized return on average assets was 1.22%, compared to 1.01% in the same quarter last year. The annualized return on average stockholders’ equity was 14.29%, up from 12.63% [1].

USCB Financial Holdings achieved investment-grade debt ratings, which is a positive indicator of its financial health. The company's tangible book value per common share increased to $11.53, reflecting a 10.7% annualized increase. However, this metric was negatively affected by an accumulated comprehensive loss of $41.8 million [1].

The company's conference call to discuss the financial results for the quarter ended June 30, 2025, is scheduled for July 25, 2025, at 11:00 a.m. Eastern Time. Investors can access the call by dialing (833) 816-1416 and asking to join the USCB Financial Holdings Call. A live webcast will also be available in the "Investor Relations" section of the company's website [1].

References:

[1] https://www.nasdaq.com/articles/uscb-financial-holdings-inc-reports-81-million-net-income-q2-2025-reflecting-growth