earnings
confidence high
sentiment positive
materiality 0.55
Uwharrie Capital reports Q2 2023 net income $2.2M, EPS $0.29
UWHARRIE CAPITAL CORP
2023-Q2 EPS reported
$0.55
- Six-month net income $4.2M vs $2.5M YoY; EPS $0.55 vs $0.31.
- Q2 net income $2.2M vs $1.7M YoY; EPS $0.29 vs $0.22.
- Total assets $1.03B vs $1.02B at Dec 31; loans held for investment grew $36M (+7.3%).
- Improvement attributed to rising interest rates and shift in earning asset mix.