USCB Q2 2026: Net income climbs 11.5% to $9.1M as assets top $3B; new change-in-control pact for Chief Credit Officer
USCB sits 38% above its 52-week low of $16.06 on light trading volume (0.1× avg).
Summary
USCB Financial Holdings' Q2 2026 10-Q reports net income of $9.1 million ($0.49 EPS) on $3.02 billion in assets, with a net interest margin of 3.49%. The filing also discloses a new change-in-control agreement for the Chief Credit Officer.
Key Events · Earnings and Guidance · USCB
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Q2 2026 Net Income Up 11.5%
Net income reached $9.1 million, or $0.49 per diluted share, compared with $8.1 million, or $0.40 per share, in Q2 2025. The net interest margin widened to 3.49% from 3.28%.
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Assets Surpass $3 Billion
Total assets stood at $3.02 billion as of June 30, 2026, an 11.0% increase from a year ago. Loans held for investment grew 9.9% to $2.32 billion.
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New Change-in-Control Agreement for Chief Credit Officer
On July 6, 2026, the Bank entered into a change-in-control agreement with Sergio Garrido, SVP and Chief Credit Officer, providing a cash payment equal to one year's base salary upon a change in control.
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Strong Capital and Asset Quality
The Bank's total risk-based capital ratio came in at 13.68%; non-performing loans represented just 0.09% of total loans; and the allowance for credit losses stood at 1.15% of total loans.
Analysis · USCB · Finance
USCB Financial Holdings posted Q2 2026 net income of $9.1 million, an 11.5% year-over-year increase, fueled by loan growth and a wider net interest margin. For the first time, total assets crossed the $3 billion mark. Separately, the filing reveals a new change-in-control agreement for Sergio Garrido, the bank's Chief Credit Officer, entitling him to a cash payment equal to one year's salary upon a change in control. Executed on July 6, 2026, this governance disclosure had not been previously reported.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 28.9% of the 1668 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, USCB was trading at $22.13 on NASDAQ in the Finance sector, with a market capitalization of approximately $404.2M. The 52-week trading range was $16.06 to $23.74. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.