# Uwharrie Nine-Month Profit Rises While Quarterly Earnings Hold Steady

The North Carolina banking group reported $10 million in net income through September.

By Will Langan | 24X7 News
Published: 2026-10-28T23:03:09.192Z
Updated: 2026-10-28T23:03:09.192Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/uwharrie-capital-third-quarter-results-october-28-2026

Uwharrie Capital reported October 28 that net income for the first nine months of 2026 increased to $10 million from $8.3 million a year earlier.

The banking group's third-quarter net income was unchanged at $2.9 million. Net income available to common shareholders also held steady at $2.7 million, or 37 cents a share, for the three months ended September 30.

For the nine-month period, earnings available to common shareholders rose to $9.6 million, or $1.31 a share, from $7.8 million, or $1.05 a share. That measure accounts for preferred-stock dividend payments and differs from total net income.

Consolidated assets reached $1.23 billion at September 30, compared with $1.20 billion at December 31, 2025. That comparison measures growth since year-end, rather than a change from the preceding year's third quarter.

The Albemarle, North Carolina, company provides banking and investment services through Uwharrie Bank and Uwharrie Investment Advisors.

Sources
Uwharrie Capital third-quarter earnings release, October 28, 2026.

## Sources
- Uwharrie Capital Earnings Release: https://www.prnewswire.com/news-releases/uwharrie-capital-corp-third-quarter-2026---earnings-release-302922798.html