Uwharrie Capital reports 9-month net income $6.3M ($0.82), assets $1.07B; declares 2% stock dividend

UWHARRIE CAPITAL CORP

2023-Q3 EPS reported $0.82

Net income for first nine months of 2023 was $6.3M ($0.82 per share), up from $5.3M ($0.67) in 2022.
Loan portfolio grew $102M year-over-year, a 21% increase, contributing to asset growth to $1.07B.
Total Risk Based Capital ratio of 14.23%, well above regulatory minimum.
Board declared a 2% stock dividend, payable November 21 to shareholders of record November 7.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

UWHARRIE CAPITAL CORP reported the period ended September 30, 2023 results: net income $6.3 million, EPS $0.82 per share.

Period: the period ended September 30, 2023
Net income: $6.3 million
EPS: $0.82 per share
Result: reported results

Exact text from the filing

The net income for the first nine months of 2023 is reported at $6.3 million, an increase from the $5.3 million recorded at the same time last year. This equates to $5.9 million in net income available to common shareholders, or $0.82 per share

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Source: SEC EDGAR

accession 0000950170-23-064655

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