Industry: Banks Regional

Sector: Financial Services

Uwharrie Capital Corp operates as the bank holding company for Uwharrie Bank that provides retail and commercial banking services to individuals and small to medium-sized businesses in North Carolina. The company accepts personal and commercial checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. It also offers various loan products, such as commercial loans and various consumer-type loans to individuals, including installment and mortgage loans, equity lines of credit, and overdraft checking credit. In addition, the company provides internet, mobile, and telephone banking services, as well as check and credit cards; and sells various insurance products comprising annuities, life and disability insurance, long-term care, and Medicare supplements. Further, it operates as a securities broker-dealer and a mortgage brokerage company. Additionally, the company provides trustee and portfolio management services to customers in the Charlotte Metropolitan and Uwharrie Lakes Regions. The company was founded in 1983 and is based in Albemarle, North Carolina.

UWHARRIE CAPITAL CORP is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.