MIAMI, Jan. 06, 2026 (GLOBE NEWSWIRE) -- USCB FINANCIAL HOLDINGS, INC. (the “Company”) (NASDAQ: USCB) will report financial results for the quarter ended December 31, 2025 after the market closes on Thursday, January 22, 2026. A conference call to discuss quarterly results will also be held with Chairman, President, and CEO, Luis de la Aguilera, Chief Financial Officer, Robert Anderson, and Chief Credit Officer, William Turner, details which are provided below. Live Conference Call and Audio Webcast Date: F ...

Group 1: Pan American Silver (PAAS) - The company is focused exclusively on silver mining and has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings increased by 2.3% over the last 60 days [1] - Shares gained 33.1% over the last three months compared to the S&P 500's gain of 1.9% [1] - The company possesses a Momentum Score of A [1] Group 2: USCB Financial (USCB) - This community bank offers a range of banking services including personal, business, and electronic banking [2] - The bank has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 2.4% over the last 60 days [2] - Shares gained 8.1% over the last three months compared to the S&P 500's gain of 1.9% [2] - The company possesses a Momentum Score of A [2] Group 3: Allied Gold Corporation (AAUC) - The company is a gold producer with assets and development projects primarily in Cote d'Ivoire, Mali, and Ethiopia [3] - It has a Zacks Rank of 1 and the Zacks Consensus Estimate for its current year earnings increased by 7% over the last 60 days [3] - Shares gained 25.6% over the last three months compared to the S&P 500's gain of 1.9% [3] - The company possesses a Momentum Score of A [3]

Core Viewpoint - USCB Financial Holdings, Inc. has received a Zacks Rank 1 (Strong Buy) upgrade, indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks rating system is based on the Zacks Consensus Estimate, which aggregates EPS estimates from sell-side analysts for the current and following years [2]. - The recent upgrade reflects an increase in earnings estimates, with a 4.6% rise in the Zacks Consensus Estimate for USCB Financial over the past three months [9]. Impact on Stock Price - Changes in earnings estimates are strongly correlated with near-term stock price movements, primarily due to institutional investors adjusting their valuations based on these estimates [5]. - The upgrade to Zacks Rank 1 suggests that USCB Financial's underlying business is improving, which is expected to drive the stock price higher [6][11]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [10][11].

Core Viewpoint - USCB Financial Holdings, Inc. has sold $44.6 million in available-for-sale securities to enhance future earnings and profitability, despite a short-term decrease in net income for Q4 2025 [1][2]. Group 1: Financial Strategy - The company aims to improve its balance sheet by selling lower-yielding assets and reinvesting the proceeds into higher-yielding loans, particularly in commercial real estate [2]. - The sold AFS securities accounted for approximately 12.6% of the AFS portfolio as of November 30, 2025, with a weighted average yield of 1.70% [2]. - The restructuring is expected to yield a 3.5-year capital earn back and contribute approximately 7 basis points to annualized net interest margin starting in Q1 2026, leading to an estimated $0.08 EPS accretion over the next four quarters [2]. Group 2: Management Insights - The Chairman, President, and CEO of the company expressed confidence that the strategy will create significant opportunities for value delivery through stronger earnings and improved net interest margins [2][3]. - The company maintains a strong capital position, exceeding regulatory requirements for being categorized as "well-capitalized" [3]. Group 3: Company Background - USCB Financial Holdings, Inc. is the holding company for U.S. Century Bank, one of the largest community banks in Miami and Florida, established in 2002 [4]. - U.S. Century Bank is rated 5-Stars by BauerFinancial and offers a wide range of financial products and services while supporting various community organizations [4].

Financial Performance - The Company reported net income of $8.9 million or $0.45 per diluted share for Q3 2025, a 28.6% increase from $6.9 million or $0.35 per diluted share in Q3 2024[139][151] - For the nine months ended September 30, 2025, net income increased to $24.7 million or $1.23 per diluted share, up 39.2% from $17.8 million or $0.90 per diluted share in the same period of 2024[139][152] - The company reported a net income of $8,939 for Q3 2025, an increase from $8,140 in Q2 2025, reflecting a positive trend in earnings[270] - Operating net income for Q3 2025 was $8,960,000, up from $6,949,000 in Q3 2024, representing a year-over-year increase of 28.93%[272] - Operating diluted net income per common share rose to $0.45 in Q3 2025, compared to $0.35 in Q3 2024, marking a 28.57% increase[272] Net Interest Income and Margin - Net interest income for Q3 2025 increased by $3.2 million or 17.5% to $21.3 million compared to $18.1 million in Q3 2024[142] - The net interest margin expanded to 3.14% in Q3 2025 from 3.03% in Q3 2024[142] - Net interest income for Q3 2025 was $21.3 million, an increase of $3.2 million or 17.5% compared to Q3 2024, driven by higher income from an expanded loan portfolio and reduced rates on interest-bearing liabilities[165] - Net interest margin (NIM) for Q3 2025 was 3.14%, up from 3.03% in Q3 2024, reflecting a reduction in the weighted average rate paid on interest-bearing liabilities[166] - For the nine months ended September 30, 2025, net interest income was $61.4 million, an increase of $10.8 million or 21.4% from $50.6 million in the same period of 2024[167] - NIM for the nine months ended September 30, 2025 was 3.17%, compared to 2.87% for the same period in 2024, indicating a 30 basis point expansion due to higher loan yields and growth in loan average balance[168] Assets and Loans - Total assets reached $2.77 billion as of September 30, 2025, an increase of $264.0 million or 10.5% from the previous year[142] - Total loans held for investment increased to $2.13 billion, up $199.6 million or 10.3% from September 30, 2024[142] - Total net loans increased by $158.1 million, or 10.7%, to $2.13 billion as of September 30, 2025, compared to December 31, 2024[199] - Total loans increased by $158.1 million, or 10.7% annualized, to $2.13 billion at September 30, 2025, compared to $1.97 billion at December 31, 2024[187] Deposits - Total deposits were $2.46 billion, reflecting an increase of $329.0 million or 15.5% from the same period last year[142] - Total deposits increased by $281.6 million, or 17.3% annualized, to $2.46 billion at September 30, 2025, compared to $2.17 billion at December 31, 2024[187] - The total customer deposits as of September 30, 2025, amounted to $2.457 billion, with an average rate paid of 2.53%[229] Non-Interest Income and Expenses - Non-interest income for Q3 2025 increased by $246 thousand or 7.2% compared to Q3 2024, primarily driven by growth in service fees and income from bank-owned life insurance[176] - For the nine months ended September 30, 2025, non-interest income rose by $1.7 million or 18.2% compared to the same period in 2024, driven by growth in service fees and gains on loan sales[177] - Non-interest expense for the three months ended September 30, 2025, increased by $1.6 million, or 13.9%, compared to the same period in 2024, primarily driven by a $709 thousand rise in salaries and employee benefits[180] - For the nine months ended September 30, 2025, non-interest expense increased by $3.5 million, or 10.4%, compared to the same period in 2024, with salaries and employee benefits accounting for a $2.6 million increase[181] Credit Quality - The allowance for credit losses (ACL) to total loans was 1.17% at September 30, 2025, down from 1.22% at December 31, 2024[142] - The provision for credit losses for Q3 2025 was $105 thousand, significantly down from $931 thousand in Q3 2024, attributed to slower loan portfolio growth[171] - Non-performing loans decreased to $1.31 million, representing 0.06% of total loans, down from $2.71 million or 0.14% as of December 31, 2024[212] - The total ending balance for credit losses was $23.067 million, with a provision for credit losses of $1.968 million for the nine months ended September 30, 2025[221][222] Capital and Liquidity - Total risk-based capital as of September 30, 2025, is $299,147, representing a ratio of 13.93%, exceeding the minimum capital requirements[263] - The Tier 1 risk-based capital ratio as of September 30, 2025, is 12.73%, significantly above the required minimum of 6.00%[263] - The company expects to maintain adequate liquidity resources from core deposits, loan repayments, and investment portfolio cash flows[261] - The Company has established a comprehensive liquidity risk management process, integrating it into risk management and ALM policy[259] Stockholder Equity - Total stockholders' equity decreased to $209,095,000 from $213,916,000 year-over-year, a decline of 2.67%[272] - Tangible Common Equity/Tangible Assets ratio was 7.55% as of September 30, 2025, down from 8.54% a year ago, indicating a decrease of 11.61%[272] - Total common shares issued and outstanding decreased to 18,107,385 from 19,620,632 year-over-year, a reduction of 7.71%[272] - Tangible book value per common share increased to $11.55 as of September 30, 2025, compared to $10.90 a year ago, reflecting a growth of 5.95%[272] Investment Portfolio - Aggregate AFS and HTM investment securities increased by $55.6 million, or 17.5% annualized, to $480.5 million at September 30, 2025, from $424.9 million at December 31, 2024[193] - The investment portfolio consists primarily of U.S. Government and U.S. Government Agencies issued bonds, mortgage-backed securities, and corporate bonds, with varying contractual maturities and coupons[190]

Financial Data and Key Metrics Changes - For Q3 2025, the company reported net income of $8.9 million or $0.45 per diluted share, an increase from $6.9 million or $0.35 per share in Q3 2024, representing a 29% year-over-year growth [2][8] - Return on average assets increased to 1.27% from 1.11% a year ago, while return on average equity improved to 15.74% from 13.38% [3][8] - The efficiency ratio strengthened to 52.28%, reflecting disciplined expense management [3][21] - Net interest margin expanded to 3.14% compared to 3.03% in the same quarter last year [3][10] Business Line Data and Key Metrics Changes - Net interest income before provision for credit losses was $21.3 million, up $3.2 million or 17.5% from the prior year [3][13] - Loans held for investment grew to $2.1 billion, an increase of more than $199 million or 10.3% from $1.9 billion on September 30, 2024 [4][19] - Non-performing loans declined to 0.06% of total loans, down from 0.14% last year, indicating strong credit quality [4][18] Market Data and Key Metrics Changes - Total assets reached $2.8 billion as of September 30, 2025, representing a 10.5% year-over-year growth [3] - Total deposits ended the quarter at $2.5 billion, marking a robust 15.5% year-over-year increase [3][4] - Average deposits increased to $166 million or nearly 29% compared to the prior quarter and are up $380 million or 18% year over year [10] Company Strategy and Development Direction - The company focuses on relationship-based growth and has diversified its deposit-focused business verticals, which now account for 27% of total deposits [4][6] - The management emphasized the importance of Florida's strong economy as a key driver of success, with real GDP growth tracking around 2.4% in 2025 [23][24] - The company is optimistic about growth in the association banking vertical, with plans to potentially double the book of business in the next 18 months [38][39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining momentum into 2026, citing solid fundamentals and a vibrant market [57] - The company anticipates improvements in net interest margin as excess cash is put to work in loan volume and securities portfolio [14][47] - Management noted that the current economic environment aligns well with the company's strategy, particularly in serving middle-market businesses and real estate development [24] Other Important Information - The company completed a $40 million subordinated debt issuance, with most proceeds used to repurchase approximately 2 million shares at a weighted average price of $17.19 per share [5][22] - The allowance for credit losses totaled $25 million at year-end, representing 1.17% of total loans, indicating a strong credit position [18] Q&A Session Summary Question: Can you quantify the yacht payoffs in the quarter? - The yacht payoffs were a little over $10 million and occurred in August, impacting loan yields and margin [28] Question: Is the loan production in September a sign of sustained momentum? - Management believes it is a sign of sustained momentum, with a strong pipeline for Q4 [29] Question: How is competition impacting loan pricing? - The market is very competitive, and pricing is based on relationships rather than transactions [30] Question: What is the outlook for the margin in Q4? - A margin of 3.27% is expected for Q4, with potential for further expansion [36] Question: What are the expectations for non-interest income? - Non-interest income is expected to remain stable, with activity in wire fees and swap fees anticipated to continue [37] Question: What growth opportunities exist in the association banking business? - There is significant potential for growth in the association banking vertical, with plans to scale operations [38][39]

Financial Data and Key Metrics Changes - For Q3 2025, the company reported net income of $8,900,000 or $0.45 per diluted share, an increase from $6,900,000 or $0.35 per share in Q3 2024, representing a 29% year-over-year growth [2][10] - Return on average assets increased to 1.27% from 1.11% a year ago, while return on average equity improved from 13.38% to 15.74% [3][10] - The efficiency ratio strengthened to 52.28%, reflecting disciplined expense management [3][10] - Net interest margin expanded to 3.14% compared to 3.03% in the same quarter last year [3][10] - Total assets reached $2,800,000,000, marking a 10.5% year-over-year growth [4] - Total deposits increased by 15.5% year-over-year to $2,500,000,000 [4] Business Line Data and Key Metrics Changes - Loans held for investment grew to $2,100,000,000, an increase of 10.3% from $1,900,000,000 a year ago [5] - Non-performing loans declined to 0.06% of total loans, down from 0.14% last year [6] - The allowance for credit losses totaled $25,000,000, representing 1.17% of total loans [6] - The diversified deposit-focused business verticals accounted for $672,000,000 or 27% of total deposits [4] Market Data and Key Metrics Changes - Average deposits increased by $166,000,000 or nearly 29% compared to the prior quarter and are up $380,000,000 or 18% year-over-year [13] - Interest-bearing deposit costs remained stable at 3.29%, down 47 basis points from the same period last year [15] Company Strategy and Development Direction - The company focuses on relationship-based growth and has added new production personnel to support growth plans [5][7] - The strategy includes preparing for a lower rate environment, with expectations of benefiting from rate cuts in the short term [19][20] - The company is bullish on the association banking vertical, anticipating significant growth opportunities in this segment [52] Management's Comments on Operating Environment and Future Outlook - The management highlighted Florida's strong economy, with real GDP growth tracking around 2.4%, which supports the company's growth strategy [32] - The management expressed confidence in sustaining momentum into 2026, emphasizing the strength of the business model and market conditions [34][75] Other Important Information - The company completed a $40,000,000 subordinated debt issuance and repurchased approximately 2,000,000 shares at a weighted average price of $17.19 per share [6][11] - Tangible book value per share grew to $11.55, reflecting the impact of the share repurchase [6][13] Q&A Session Summary Question: Can you quantify the yacht payoffs in the quarter? - The yacht payoffs were a little over $10,000,000 and occurred in August, impacting loan yields and margin [38] Question: Is the loan production in September a sign of sustained momentum? - Management indicated that September was a record-setting month and the pipeline looks strong for Q4 [40] Question: How is competition impacting loan pricing? - The market is competitive, and pricing is based on relationships rather than transactions [41] Question: What is the outlook for the margin given additional costs from subordinated debt? - The margin is expected to remain around 3.27% for Q4, with potential for improvement as loan growth resumes [49] Question: What are the expectations for non-interest income and SBA activity? - Non-interest income is expected to remain stable, with some impact from the government shutdown on SBA activity [50] Question: What growth opportunities exist in the condo association banking business? - The company is optimistic about this segment, with plans to potentially double the book of business in the next 18 months [53]

Financial Data and Key Metrics Changes - For Q3 2025, the company reported net income of $8.9 million or $0.45 per diluted share, an increase from $6.9 million or $0.35 per share in Q3 2024, representing a 29% year-over-year growth [2][8] - Return on average assets increased to 1.27% from 1.11% a year ago, while return on average equity improved to 15.74% from 13.38% [3][8] - The efficiency ratio strengthened to 52.28%, reflecting disciplined expense management [3][10] - Net interest margin expanded to 3.14% compared to 3.03% in the same quarter last year [3][10] - Total assets reached $2.8 billion, marking a 10.5% year-over-year growth [3][4] Business Line Data and Key Metrics Changes - Net interest income before provision for credit losses was $21.3 million, up $3.2 million or 17.5% from the prior year [3][13] - Loans held for investment grew to $2.1 billion, an increase of more than $199 million or 10.3% from $1.9 billion a year ago [4][10] - Non-performing loans declined to 0.06% of total loans, down from 0.14% last year, indicating strong credit quality [4][19] Market Data and Key Metrics Changes - Total deposits ended the quarter at $2.5 billion, marking a robust 15.5% year-over-year increase [3][4] - Average deposits increased to $166 million or nearly 29% compared to the prior quarter and are up $380 million or 18% year over year [10][11] Company Strategy and Development Direction - The company focuses on relationship-based growth and has added new production personnel to support growth plans in diversified deposit-focused business verticals [4][10] - The management highlighted the strength of Florida's economy as a key driver of success, with real GDP growth tracking around 2.4% in 2025 [25][26] - The company aims to leverage opportunities in the association banking vertical, with plans to potentially double the book of business in the next 18 months [39] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining momentum into 2026, citing solid business fundamentals and a vibrant market [54] - The company anticipates improvements in net interest margin as excess cash is put to work in loan volume and securities portfolio [14][45] - Management noted that the current economic environment aligns well with the company's strategy, particularly in serving middle market businesses and real estate development [26] Other Important Information - The company completed a $40 million subordinated debt issuance, primarily used for share repurchase, which underscores confidence in the intrinsic value of its stock [5][8] - Tangible book value per share grew to $11.55, reflecting the impact of the share repurchase [5][10] Q&A Session Summary Question: Can you quantify the yacht payoffs in the quarter? - The yacht payoffs were a little over $10 million and occurred in August, impacting loan yields and margin [29] Question: Is the loan production in September a sign of sustained momentum? - Management believes it is a sign of sustained loan momentum, with a strong pipeline for Q4 [31] Question: How is competition impacting loan pricing? - The market is very competitive, and pricing is based on relationships rather than transactions [32] Question: What is the outlook for the margin in Q4? - A margin of 3.27% is expected for Q4, with further rate cuts anticipated [37][44] Question: What are the expectations for non-interest income? - Non-interest income is expected to remain stable, with activity in wire fees and swap fees anticipated to continue [38] Question: What growth opportunities exist in the association banking business? - The company is bullish on the association banking vertical, with significant growth potential identified [39]

EARNINGS PRESENTATION THIRD QUARTER 2025 NASDAQ: USCB 1 FORWARD-LOOKING STATEMENTS This presentation may contain statements that are not historical in nature and are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that are not historical facts. The words "may," "will," "anticipate," "could," " should," "would," "believe," "contemplate," "ex ...

Core Insights - USCB Financial Holdings, Inc. reported revenue of $24.96 million for the quarter ended September 2025, marking a year-over-year increase of 15.8% and an EPS of $0.45 compared to $0.35 a year ago [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $25.07 million, resulting in a surprise of -0.45%, while the EPS exceeded expectations by 7.14% against a consensus estimate of $0.42 [1] Financial Performance Metrics - Efficiency Ratio stood at 52.3%, higher than the three-analyst average estimate of 50.9% [4] - Net Interest Margin was reported at 3.1%, slightly below the estimated 3.2% [4] - Net charge-offs to average loans were at 0%, better than the estimated 0.1% [4] - Average interest-earning assets totaled $2.69 billion, exceeding the estimate of $2.65 billion [4] - Total Non-Performing Loans were $1.31 million, lower than the average estimate of $1.43 million [4] - Total Non-Performing Assets also stood at $1.31 million, compared to the estimated $1.43 million [4] - Net interest income before provision for loan losses was $21.27 million, below the estimate of $21.51 million [4] - Total Non-Interest Income reached $3.68 million, surpassing the average estimate of $3.56 million [4] - Gain on sale of loans held for sale, net was $0.13 million, lower than the estimated $0.25 million [4] Stock Performance - USCB Financial's shares returned -0.4% over the past month, while the Zacks S&P 500 composite saw a +0.2% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [3]