Core Viewpoint - USCB Financial Holdings, Inc. announced a quarterly cash dividend increase of 25.0% to $0.125 per share of Class A common stock, payable on March 5, 2026 [1] Company Overview - USCB Financial Holdings, Inc. is the holding company for U.S. Century Bank, established in 2002 and recognized as one of the largest community banks in Miami and Florida [2] - U.S. Century Bank holds a 5-Star rating from BauerFinancial, indicating strong financial health [2] - The bank offers a variety of financial products and services while actively supporting community organizations such as the Greater Miami Chamber of Commerce and the South Florida Hispanic Chamber of Commerce [2]

Core Viewpoint - USCB Financial Holdings, Inc. is set to report its financial results for the quarter ending December 31, 2025, on January 22, 2026, after market close [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call featuring key executives including Chairman, President, and CEO Luis de la Aguilera, CFO Robert Anderson, and Chief Credit Officer William Turner [1] - The conference call is scheduled for January 23, 2026, at 11:00 AM Eastern Time, with a dial-in number provided for participants [2] Group 2: Company Overview - USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank, established in 2002, and is one of the largest community banks in Miami and Florida [4] - U.S. Century Bank holds a 5-Star rating from BauerFinancial, indicating strong financial health [4] - The bank offers a variety of financial products and services and is actively involved in supporting community organizations [4]

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 ...