Uwharrie Q2 Profit Jumps 29 Percent

Uwharrie Capital (OTC:UWHR), a community-focused financial institution serving several central North Carolina counties, In the earnings statement released July 25, 2025, Uwharrie Capital reported net income (GAAP) of $2.8 million, compared to $2.2 million in Q2 2024. Net income available to common shareholders rose to $2.7 million, or $0.38 per share, up from $2.1 million and $0.29 per share in the prior year (GAAP). Total assets reached $1.17 billion as of June 30, 2025, compared to $1.13 billion at December 31, 2024. There were no Wall Street consensus estimates, so performance cannot be measured against analyst expectations. The period showed a clear year-over-year improvement in headline metrics, but the absence of further detail on credit metrics or revenue leaves the overall quality of results less clear.Uwharrie Capital is a locally owned banking organization with a focus on serving individuals, families, and small businesses in its surrounding counties. Its operations include Uwharrie Bank, offering traditional banking services, and Uwharrie Investment Advisors, which provides investment solutions.The company is known for its community-oriented strategy, prioritizing local relationships and personalized financial services. Key success factors for its business include maintaining strong customer loyalty and trust, staying competitive against larger regional and national banks, and adapting its offerings to meet the needs of its market areas.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool