Oakworth Capital Inc. Reports 19% Increase in Year-to-Date Diluted EPS

July 25, 2024

BIRMINGHAM, Ala., July 25, 2024 /PRNewswire/ — Oakworth Capital Inc. (Oakworth) (OTCQX: OAKC) reported net income of $3.6 million in second quarter 2024 and $7.5 million year-to-date 2024, up 20% from $6.3 million in the same period of 2023.  Diluted earnings per share was $1.53 in the first half of 2024 compared to $1.28 in the first half of 2023.  Oakworth’s balance sheet performed well with 23% growth in total loans and 14% in total deposits, accompanied by 11% growth of wealth assets all relative to June 30, 2023. 

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