Second Quarter 2025 - Earnings Release

Rhea-AI Summary

Uwharrie Capital Corp (UWHR) has reported strong financial results for Q2 2025. The company's consolidated total assets reached $1.17 billion as of June 30, 2025, up from $1.13 billion at the end of 2024.

For H1 2025, the company achieved net income of $5.4 million, compared to $4.6 million in H1 2024. Net income available to common shareholders was $5.1 million ($0.72 per share), up from $4.3 million ($0.60 per share) year-over-year.

Q2 2025 performance showed significant improvement with net income of $2.8 million, versus $2.2 million in Q2 2024. Net income available to common shareholders for the quarter reached $2.7 million ($0.38 per share), compared to $2.1 million ($0.29 per share) in Q2 2024.

Positive

• Total assets grew to $1.17 billion, showing a $40 million increase from December 2024
• H1 2025 net income increased 17.4% year-over-year to $5.4 million
• Q2 2025 net income rose 27.3% year-over-year to $2.8 million
• Earnings per share grew 20% to $0.72 for H1 2025

Negative

• None.

News Market Reaction – UWHR

+1.64%

1 alert

+1.64% News Effect

On the day this news was published, UWHR gained 1.64%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ALBEMARLE, N.C., July 25, 2025 /PRNewswire/ -- Uwharrie Capital Corp and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.17 billion at June 30, 2025, versus $1.13 billion at December 31, 2024.

Net income for the six-month period ended June 30, 2025, was $5.4 million versus $4.6 million for the same period in 2024. For the six months ended June 30, 2025, net income available to common shareholders was $5.1 million, or $0.72 per share, compared to $4.3 million, or $0.60 per share, for the six months ended June 30, 2024. 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 June 30, 2025, was $2.8 million versus $2.2 million for the same period in 2024. For the three months ended June 30, 2025, net income available to common shareholders was $2.7 million, or $0.38 per share, compared to $2.1 million, or $0.29 per share, for the three months ended June 30, 2024.

About Uwharrie Capital Corp
Uwharrie Capital Corp offers a full range of financial solutions through its subsidiaries: Uwharrie Bank and Uwharrie Investment Advisors. Additional information on Uwharrie Capital Corp may be found at www.Uwharrie.com or by calling 704-982-4415.  

FAQ

What was Uwharrie Capital's (UWHR) earnings per share for Q2 2025?

Uwharrie Capital reported earnings of $0.38 per share for Q2 2025, up from $0.29 per share in Q2 2024.

How much did Uwharrie Capital (UWHR) earn in net income for H1 2025?

Uwharrie Capital earned $5.4 million in net income for the first half of 2025, compared to $4.6 million in H1 2024.

What were Uwharrie Capital's (UWHR) total assets as of June 30, 2025?

Uwharrie Capital's consolidated total assets were $1.17 billion as of June 30, 2025, up from $1.13 billion at December 31, 2024.

How did Uwharrie Capital's (UWHR) Q2 2025 performance compare to Q2 2024?

Uwharrie Capital's Q2 2025 net income was $2.8 million, showing a 27.3% increase from $2.2 million in Q2 2024.

What is the year-over-year growth in Uwharrie Capital's (UWHR) earnings per share for H1 2025?

Uwharrie Capital's earnings per share grew 20% year-over-year, reaching $0.72 for H1 2025 compared to $0.60 for H1 2024.