earnings
confidence high
sentiment positive
materiality 0.55
Uwharrie Capital reports 9-mo net income $7.6M, assets grow to $1.2B; declares 2% stock dividend
UWHARRIE CAPITAL CORP
2024-Q3 EPS reported
$1.00
- Net income for 9M 2024 rose to $7.6M from $6.3M in 9M 2023.
- Total assets reached $1.2B, up $111M (+10%) from September 2023.
- Loan portfolio grew $68M and core deposits increased $88M year-over-year.
- Return on equity (ROE) for the nine-month period was 17%.
- Board declared a 2% stock dividend, payable Nov 18, 2024 to holders of record Oct 28, 2024.