Oakworth Capital Inc. Reports 22% Increase in Diluted EPS

Core Insights - Oakworth Capital Inc. reported a 22% increase in diluted earnings per share for the first nine months of 2025 compared to the same period in 2024, reflecting strong profitability and growth [1][4][6] Income/Profitability - Net income reached $14.5 million, a 24% increase from $11.7 million year-over-year [4][6] - Diluted earnings per share were $2.90, up 22% from $2.37 in the same period of 2024 [4][6] - Pre-tax pre-provision income was $22.1 million, representing a 28% increase from $17.3 million year-over-year [4] - Revenue totaled $60.6 million, a 17% increase from $51.7 million in the same period of 2024 [4] Wealth Assets/Balance Sheet - Wealth assets reached $2.6 billion, an 11% increase from $2.3 billion one year prior [4][8] - Total assets as of September 30, 2025, were $1.9 billion, with gross loans of $1.5 billion and deposits of $1.7 billion [8] - Year-over-year loan growth was 13% on an average basis and 9% on a period-end basis [4] - Year-over-year deposit growth was 14% on an average basis and 11% on a period-end basis [4] Safety and Soundness - The company reported a return on average equity (ROAE) of 14.5% and a return on average assets (ROAA) of 1.1% [4] - Credit quality metrics included $0.5 million in non-performing loans and a 1.2% allowance for credit losses as a percentage of loans [4] - Capital ratios were reported as total risk-based capital at 12.2%, Common Equity Tier 1 (CET1) at 11.0%, and Tier 1 leverage at 9.8% [4]