---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-049551"
form_type: "8-K"
ticker: "UWHR"
cik: "0000898171"
company_name: "UWHARRIE CAPITAL CORP"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T06:06:07.759936+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Uwharrie Capital reports Q1 net income $2.4M, up 20% YoY; EPS $0.31 vs $0.25

## Summary
- Net income $2.4M for Q1 2024 vs $2.0M same period 2023; EPS $0.31 vs $0.25.
- Total assets $1.10B at Mar 31, 2024, up from $1.07B at Dec 31, 2023.
- Net income available to common shareholders $2.2M vs $1.8M YoY.
- Improvement driven by stronger net interest margin and lower credit loss reserve requirements.

## SEC filing metadata
- accession: 0000950170-24-049551
- form_type: 8-K
- ticker: UWHR
- cik: 0000898171
- company_name: UWHARRIE CAPITAL CORP
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898171/000095017024049551/0000950170-24-049551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898171/000095017024049551/uwhr-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-049551
- JSON: https://secwatch.observer/filing/0000950170-24-049551.json
- Plain text: https://secwatch.observer/filing/0000950170-24-049551.txt

## Key facts
- Earnings Releases
  UWHARRIE CAPITAL CORP reported the period ended March 31, 2024 results: net income $2.4 million, EPS $0.31 per share.
  - Period: the period ended March 31, 2024
  - Net income: $2.4 million
  - EPS: $0.31 per share
  - Result: reported results
  source text: On April 29, 2024, Uwharrie Capital Corp (the “Registrant”) announced financial results for the period ended March 31, 2024. The Registrant reported consolidated total assets of $1.10 billion at March 31, 2024, compared to $1.07 billion at December 31, 2023. Net income for the three-month period ended March 31, 2024, was $2.4 million versus $2.0 million for the same period in 2023. For the three months ended March 31, 2024, net income available to common shareholders was $2.2 million, or $0.31 per share, compared to $1.8 million, or $0.25 per share, for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898171/000095017024049551/0000950170-24-049551-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.