Uwharrie Capital nine-month net income rises to $10M
Common-shareholder income reflects dividends on preferred stock, separating it from total net income.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Uwharrie Capital Corp reported consolidated total assets of $1.23 billion at September 30, 2026, compared with $1.20 billion at December 31, 2025. Net income for the nine months ended September 30, 2026 was $10.0 million, versus $8.3 million for the same period in 2025. Net income available to common shareholders was $9.6 million, or $1.31 per share, compared with $7.8 million, or $1.05 per share. For the three months ended September 30, net income was $2.9 million in both 2026 and 2025; net income available to common shareholders was $2.7 million, or $0.37 per share, in both periods.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointNine-month net income was $10.0 million, versus $8.3 million for the same period in 2025.
Negative
- None.
8-K Event Classification
Key Figures
Key Terms
preferred stock financial
consolidated total assets financial
Earnings Snapshot
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much did UWHR earn in the first nine months of 2026?
What were UWHR's third-quarter 2026 earnings?
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On October 28, 2026, Uwharrie Capital Corp (the “Registrant”) announced financial results for the period ended September 30, 2026. The Registrant reported consolidated total assets of $1.23 billion at September 30, 2026, compared to $1.20 billion at December 31, 2025.
Net income for the nine-month period ended September 30, 2026, was $10.0 million versus $8.3 million for the same period in 2025. For the nine months ended September 30, 2026, net income available to common shareholders was $9.6 million, or $1.31 per share, compared to $7.8 million, or $1.05 per share, for the nine months ended September 30, 2025. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock issued by the Registrant.
Net income for both three-month periods ended September 30, 2026 and 2025, was $2.9 million. For the three months ended September 30, 2026 and 2025, net income available to common shareholders was $2.7 million, or $0.37 per share.
A copy of the press release (the “Press Release”) announcing the Registrant’s results is attached as Exhibit 99.1 and incorporated by reference herein.
This Current Report on Form 8-K (including information included or incorporated by reference herein) may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements regarding certain of the Registrant’s goals and expectations with respect to earnings, income per share, revenue, expenses and the growth rate in such items, as well as other measures of economic performance, including statements relating to estimates of credit quality trends, and (ii) statements preceded by, followed by or that include the words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “projects,” “outlook” or similar expressions. These statements are based upon the current belief and expectations of the Registrant’s management and are subject to significant risks and uncertainties that are subject to change based on various factors (many of which are beyond the Registrant’s control).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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99.1 |
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Press Release dated October 28, 2026 |
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104 |
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Cover page interactive data file (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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UWHARRIE CAPITAL CORP |
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Date: October 28, 2026 |
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/s/ Heather H. Almond |
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Heather H. Almond |
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Principal Financial Officer |
Exhibit 99.1
Third Quarter 2026 - Earnings Release
FOR IMMEDIATE RELEASE
From: Heather H. Almond
Uwharrie Capital Corp
704-983-6181
Date: October 28, 2026
Albemarle, NC - Uwharrie Capital Corp and its subsidiary, Uwharrie Bank (the “Bank”), reported consolidated total assets of $1.23 billion at September 30, 2026, versus $1.20 billion at December 31, 2025.
Net income for the nine-month period ended September 30, 2026, was $10.0 million versus $8.3 million for the same period in 2025. For the nine months ended September 30, 2026, net income available to common shareholders was $9.6 million, or $1.31 per share, compared to $7.8 million, or $1.05 per share, for the nine months ended September 30, 2025. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock issued by the Bank.
Net income for both three-month periods ended September 30, 2026 and 2025, was $2.9 million. For the three months ended September 30, 2026 and 2025, net income available to common shareholders was $2.7 million, or $0.37 per share.
Contact Heather Almond, Chief Financial Officer at 704-983-6181 for further information.
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.