Third Quarter 2024 - Earnings Release and Dividend Declaration

ALBEMARLE, N.C., Oct. 17, 2024 /PRNewswire/ -- Uwharrie Capital Corp and its subsidiary, Uwharrie Bank (the "Bank"), reported consolidated total assets of $1.18 billion at September 30, 2024, versus $1.07 billion at December 31, 2023.

Net income for the nine-month period ended September 30, 2024, was $7.6 million versus $6.3 million for the same period in 2023. For the nine months ended September 30, 2024, net income available to common shareholders was $7.2 million, or $1.00 per share, compared to $5.9 million, or $0.80 per share, for the nine months ended September 30, 2023. Net ...