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Stock impact report

Third Quarter 2024 - Earnings Release and Dividend Declaration

UWHARRIE CAPITAL CORP (UWHR) 
NASDAQ:AMEX Investor Relations: uwharrie.com/about/investor
Company Research Source: PR Newswire
ALBEMARLE, N.C., Oct. 17, 2024 /PRNewswire/ -- Uwharrie Capital Corp and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.18 billion at September 30, 2024, versus $1.07 billion at December 31, 2023.Net income for the nine-month period ended September 30, 2024, was $7.6 million versus $6.3 million for the same period in 2023. For the nine months ended September 30, 2024, net income available to common shareholders was $7.2 million, or $1.00 per share, compared to $5.9 million, or $0.80 per share, for the nine months ended September 30, 2023. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock issued by the Bank.Net income for the three-month period ended September 30, 2024, was $3.0 million versus $2.1 million for the same period in 2023. For the three months ended September 30, 2024, net income available to common shareholders was $2.9 million, or $0.40 per share, compared to $2.0 million, Show less Read more
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