Uwharrie Capital Corp Year-End 2024 - Earnings Release
Uwharrie Capital Corp (OTCQX: UWHR) reported strong financial results for the year ended December 31, 2024. The company's consolidated total assets reached $1.13 billion, up from $1.07 billion in 2023. Net income increased to $9.9 million in 2024, compared to $8.6 million in 2023.
Net income available to common shareholders rose to $9.3 million, or $1.30 per diluted share, from $8.0 million, or $1.09 per diluted share in 2023. The improved performance was primarily attributed to increased net interest margin from a larger loan portfolio.
Uwharrie Capital Corp (OTCQX: UWHR) ha riportato risultati finanziari solidi per l'anno conclusosi il 31 dicembre 2024. Gli attivi totali consolidati dell'azienda hanno raggiunto 1,13 miliardi di dollari, in aumento rispetto a 1,07 miliardi di dollari nel 2023. Il reddito netto 猫 aumentato a 9,9 milioni di dollari nel 2024, rispetto a 8,6 milioni di dollari nel 2023.
Il reddito netto disponibile per gli azionisti ordinari 猫 salito a 9,3 milioni di dollari, ovvero 1,30 dollari per azione diluita, rispetto a 8,0 milioni di dollari, o 1,09 dollari per azione diluita nel 2023. Le performance migliorate sono state principalmente attribuite all'aumento del margine di interesse netto grazie a un portafoglio di prestiti pi霉 ampio.
Uwharrie Capital Corp (OTCQX: UWHR) report贸 resultados financieros s贸lidos para el a帽o que termin贸 el 31 de diciembre de 2024. Los activos totales consolidados de la empresa alcanzaron 1.13 mil millones de d贸lares, un aumento desde 1.07 mil millones de d贸lares en 2023. El ingreso neto aument贸 a 9.9 millones de d贸lares en 2024, en comparaci贸n con 8.6 millones de d贸lares en 2023.
El ingreso neto disponible para los accionistas comunes subi贸 a 9.3 millones de d贸lares, o 1.30 d贸lares por acci贸n diluida, desde 8.0 millones de d贸lares, o 1.09 d贸lares por acci贸n diluida en 2023. El rendimiento mejorado se atribuy贸 principalmente al aumento del margen de inter茅s neto debido a un portafolio de pr茅stamos m谩s grande.
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Uwharrie Capital Corp (OTCQX: UWHR) a annonc茅 des r茅sultats financiers solides pour l'ann茅e se terminant le 31 d茅cembre 2024. Les actifs totaux consolid茅s de l'entreprise ont atteint 1,13 milliard de dollars, en hausse par rapport 脿 1,07 milliard de dollars en 2023. Le revenu net a augment茅 脿 9,9 millions de dollars en 2024, contre 8,6 millions de dollars en 2023.
Le revenu net disponible pour les actionnaires ordinaires a grimp茅 脿 9,3 millions de dollars, soit 1,30 dollar par action dilu茅e, contre 8,0 millions de dollars, soit 1,09 dollar par action dilu茅e en 2023. L'am茅lioration des performances a 茅t茅 principalement attribu茅e 脿 l'augmentation de la marge d'int茅r锚t nette gr芒ce 脿 un portefeuille de pr锚ts plus important.
Uwharrie Capital Corp (OTCQX: UWHR) hat starke Finanzergebnisse f眉r das am 31. Dezember 2024 endende Jahr berichtet. Die konsolidierten Gesamtaktiva des Unternehmens erreichten 1,13 Milliarden Dollar, ein Anstieg von 1,07 Milliarden Dollar im Jahr 2023. Der Nettogewinn stieg auf 9,9 Millionen Dollar im Jahr 2024, verglichen mit 8,6 Millionen Dollar im Jahr 2023.
Der Nettogewinn, der den Stammaktion盲ren zur Verf眉gung steht, stieg auf 9,3 Millionen Dollar, oder 1,30 Dollar pro verw盲sserter Aktie, gegen眉ber 8,0 Millionen Dollar, oder 1,09 Dollar pro verw盲sserter Aktie im Jahr 2023. Die verbesserte Leistung wurde haupts盲chlich auf einen erh枚hten Nettomarge aus einem gr枚脽eren Kreditportfolio zur眉ckgef眉hrt.
- Total assets grew 5.6% YoY to $1.13 billion
- Net income increased 15.1% YoY to $9.9 million
- Earnings per diluted share rose 19.3% to $1.30
- Net interest margin improved due to larger loan portfolio
- None.
Net income for the twelve-month period ended December 31, 2024, was
The year-over-year improvement in net income as of December 31, 2024 is, in large part, the result of increased net interest margin earned on a substantially larger loan portfolio.
About Uwharrie Capital Corp
Uwharrie Capital Corp offers a full range of financial solutions through its subsidiaries:聽 Uwharrie Bank and Uwharrie Investment Advisors.聽 Additional information on Uwharrie Capital Corp may be found at or by calling 704-982-4415.
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SOURCE Uwharrie Capital Corp
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