Uwharrie Capital reports Q3 net income $2.8M up 4% YoY; declares 2.5% stock dividend

UWHARRIE CAPITAL CORP

2022-Q3 EPS reported $0.69

Consolidated total assets $1.04B vs $939.7M at year-end 2021.
Nine-month net income $5.3M vs $8.9M YoY, down 40% due to mortgage banking decline.
Q3 net income available to common $0.38/share vs $0.35 YoY, up 6%.
Board declares 2.5% stock dividend payable Nov 22, 2022 to holders of record Nov 8.
Nine-month EPS $0.69 vs $1.14 YoY; retroactively adjusted for stock dividend.

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