UWHARRIE CAPITAL CORP (UWHR) Form 10-Q — May 5, 2026
Uwharrie Capital Corp reported net income of $3.2 million for the quarter ended March 31, 2026, a 26% increase from the prior year's quarter. Earnings per share rose to $0.43 from $0.33, driven by growth in net interest income and noninterest income, as well as a recovery of credit losses. The company experienced a $50.6 million increase in deposits, which boosted cash and cash equivalents by $42.9 million to $116.2 million. Total assets grew to $1.25 billion, reflecting this organic deposit growth and investment activities.
Key figures
- Eps
- 0.43
- Revenue
- 14583
- Net Income
- 3215
- Total Debt
- 29067
- Total Assets
- 1249214
- Cash Position
- 116189
- Shares Outstanding
- 7143379
- Total Deposits
- 1131403
- Net Interest Income
- 9764
- Tangible Book Value
- 76660
- Nonperforming Assets
- 416
- Net Loans Held For Investment
- 679560
- Allowance For Credit Losses On Loans
- 6399
Price after filing
Close on the filing date to close N calendar days later (from $11.65). Historical, not a forecast.
AI analysis
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