USCB Financial Holdings (USCB) investor relations material

Executive summary

• Surpassed $3 billion in total assets, driven by record loan production of $272 million and margin expansion, with net income for Q2 2026 at $9.1 million or $0.49 per diluted share, up from $8.1 million and $0.40 per share year-over-year.

• Maintained strong credit quality with non-performing loans at 0.09% of total loans and net charge-offs at 0.05%.

• Efficiency ratio improved to 49.97%, dropping below 50% for the first time, and tangible book value per share increased to $12.64.

• Continued focus on relationship-driven growth and disciplined expense management in the resilient South Florida market.

• Board declared a quarterly cash dividend of $0.125 per share, payable in September 2026.

Financial highlights

• Total assets grew 11% year-over-year to over $3 billion; loans reached $2.32 billion, up 9.9% year-over-year, and deposits totaled $2.5 billion, up 5%.

• Net interest income rose to $24.4 million, up 15.9% year-over-year, with net interest margin expanding to 3.49%.

• Non-interest income increased 5.6% to $3.6 million, while non-interest expense rose 10.5% to $14.0 million.

• Tangible book value per share increased 9.6% to $12.64 year-over-year.

• Return on average assets was 1.26% and return on average equity was 15.90%.

Outlook and guidance

• Expect net loan growth in the high single to low double digits for the remainder of 2026, with net interest margin projected to remain in the 3.40%-3.50% range.

• Continued focus on growing granular, low-cost deposits and optimizing funding mix, with expenses expected to rise moderately and efficiency ratio staying at or just above current levels.

• Management expects continued balance sheet growth, stable asset quality, and strong capital ratios.

• ALCO models indicate liability-sensitive positioning in the near term, benefiting from declining rates, with a shift to asset sensitivity projected in year two.

• Liquidity and capital levels are expected to remain robust, supporting ongoing lending and deposit growth.