Uwharrie Capital Net Jumps 27% in Q2
Uwharrie Capital (OTC:UWHR), a community-focused bank operating mainly in central North Carolina, reported its latest quarterly earnings on August 22, 2025, announcing its second quarter results. Net income (GAAP) was $2.8 million, a 27.3% rise (GAAP) from the year-earlier period, and diluted earnings per share (GAAP) of $0.38, representing 31.0% growth compared to Q2 2024, as the company saw broad-based gains across net interest, noninterest, and mortgage banking income, and highlighted improved profitability. Overall, it was a quarter of steady top- and bottom-line growth amid a continued focus on expanding the loan book, deposit base, and earnings power.
Uwharrie Capital is a bank holding company with a deep emphasis on serving local communities in North Carolina, particularly in Stanly, Anson, Cabarrus, Randolph, and Mecklenburg Counties. Its business centers around traditional community banking -- providing checking, savings, commercial lending, and mortgage services to individuals and small businesses. The company's approach relies on building long-term customer relationships with an emphasis on service, local knowledge, and personalized decision-making.
Key factors for its continued success include maintaining a strong community presence, staying current with technological advances, and navigating the complex regulatory requirements that shape the banking industry. Ongoing attention to the economic conditions in its service regions also plays a central role in its strategy.
Source Fool.com
