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Oakworth Capital Inc. Reports Significant Growth in Earnings Per Share

BIRMINGHAM, Ala., Oct. 23, 2025 - Oakworth Capital Inc. (OTCQX: OAKC) has announced a 22% increase in diluted earnings per share (EPS), showcasing a substantial year-over-year growth in its financial performance for the first three quarters of 2025. The data reflects a commendable trajectory for the company, as it reported a diluted EPS of $2.90 compared to $2.37 during the similar period in 2024.

Financial Highlights

Income and Profitability

Among the notable financial metrics reported, Oakworth's net income reached an impressive $14.5 million, marking a 24% increase from the previous year’s $11.7 million. Furthermore, the company's pre-tax pre-provision income surged to $22.1 million, representing a remarkable 28% increase from $17.3 million in 2024. Total revenue also climbed to $60.6 million, which is a 17% increase over the prior year’s $51.7 million. These results signify a robust operational efficiency, driven by strong net interest income and increased fees from trust and wealth management services.

In the third quarter, the company observed a 4% linked-quarter growth alongside a notable 21% growth in net interest income when compared year-over-year. Trust and wealth fees also rose by 7% linked-quarter and 11% year-over-year, reflecting an overall enhancement in service demand and customer satisfaction.

Balance Sheet Strength

Oakworth's wealth assets experienced an increase by 11%, climbing to $2.6 billion from $2.3 billion a year prior. This growth corresponds with a 13% annual loan growth, reaching a total of $1.5 billion, as well as a commendable 14% growth in deposits, totaling $1.7 billion. The tangible book value per share also rose to $29.27, indicating a solid foundation for future expansion.

Safety and Credit Quality

In terms of safety and soundness, Oakworth highlighted strong credit quality metrics, with non-performing loans totaling $0.5 million and no loans past due by 90 days. The allowance for credit losses stood at 1.2% of net loans, which demonstrates prudent risk management in the current economic landscape.

Capital Ratios

Oakworth maintains healthy capital ratios, with total risk-based capital at 12.2%, a CET1 ratio of 11.0%, and a Tier 1 leverage ratio of 9.8%, thereby ensuring proper capitalization to support ongoing business and growth aspirations.

Future Outlook

Scott Reed, Chairman and CEO of Oakworth, expressed optimism about the company's trajectory. He mentioned, "We are pleased with our balanced growth and strong profitability in the third quarter. Our double-digit compound annual growth rates in key areas such as loans, deposits, and earnings per share are encouraging. We view the future positively and are committed to creating value for our shareholders, associates, clients, and communities."

This outlook aligns with Oakworth's sustained focus on operating excellence and customer-centric approaches, helping establish it as a leading player in banking and wealth management across the Southeast.

In conclusion, Oakworth Capital Inc.’s significant financial growth and sustainable practices not only reflect its strong market positioning but also reinforce its commitment to delivering exceptional value across all fronts. As the company continues to refine its strategies, stakeholders can maintain confidence in its ongoing success and contributions to the broader economic landscape.