BIRMINGHAM, Ala., Jan. 29, 2026 /PRNewswire/ -- Oakworth Capital Inc. (Oakworth) (OTCQX: OAKC) reported 24% higher diluted earnings per share in fiscal year 2025 compared to 2024. Oakworth's Chairman and CEO Scott Reed stated, "We focus on serving our clients at the highest level on a consistent basis, across markets. In 2025, our clients told us we were doing just that with a Net Promoter Score of 95 and 95% client retention. We know that financial results will follow and they have. I am exceptionally proud of our associates and look forward to more of the same in 2026."
Fiscal year and "as of" December 31, 2025, highlights include:
Income/Profitability:
- Net income of $19.8 million: 25% higher than $15.8 million year-over-year
- Diluted earnings per share of $3.94: 24% higher than $3.19 in 2024
- Pre-tax pre-provision income of $29.6 million: 25% higher than $23.7 million in 2024
- Revenue of $82.7 million: 17% higher than $70.8 million in 2024
- 20% year-over-year growth in net interest income
- 13% year-over-year growth in trust and wealth fees
- Non-interest expenses of $53.1 million: 13% higher year-over-year
- ROAE of 14.4%
- ROAA of 1.1%
Wealth Assets/Balance Sheet:
- Wealth assets of $2.7 billion, 17% higher than $2.3 billion one year prior
- Year-over-year loan growth of 12% on average basis and 10% on period end basis to $1.6 billion
- Year-over-year deposit growth of 14% on average basis and 15% on period end basis to $1.8 billion
- Tangible book value per share: $30.10
Safety and Soundness:
- Credit quality metrics:
- $0.5 million non-performing loans
- $0 past due +90 loans
- $3.4 million ORE
- 1.2% allowance for credit losses as percentage of loans, net
- Capital ratios
- Total risk-based capital: 11.9%
- CET1: 10.7%
- Tier 1 leverage: 9.3%
About Oakworth Capital Inc. and Oakworth Capital Bank
Oakworth Capital, Inc. operates as the bank holding company for Oakworth Capital Bank (Oakworth) (OTCQX: OAKC). Oakworth was founded in 2008 and operates four offices in the Southeast, including its headquarters in Birmingham, Alabama. Oakworth provides commercial and private banking, wealth management and advisory services to clients across the United States.
Oakworth has been ranked among American Banker's "Best Banks to Work for" for the past nine years, holding the top spot for six of those and ranking #2 most recently. Additionally, Oakworth's 2025 average Net Promoter Score (NPS) was 95 with a commensurate client retention rate of 95%. As of December 31, 2025, Oakworth had $2.0 billion in total assets, $1.6 billion in gross loans, $1.8 billion in deposits and $2.7 billion in wealth and trust assets under management. For more information, visit www.oakworth.com.
Advisory services, including investment management and financial planning, are offered through Oakworth Asset Management LLC, a registered investment advisor that is owned by Oakworth Capital Bank, Member FDIC. Investment products and services offered via Oakworth Asset Management LLC are independent of the products and services offered by Oakworth Capital Bank, and are not FDIC insured, may lose value, have no bank guarantee, and are not insured by any federal or state government agency. Because Oakworth Asset Management LLC is owned by Oakworth Capital Bank and because associates of either entity may provide financial advice to our clients, there exists a conflict of interest to the extent that either party recommends the services of the other. Oakworth Asset Management LLC does not provide tax or legal advice. You should consult your tax advisor, accountant, and/or attorney before making any decisions with tax or legal implications. Additional information about Oakworth Asset Management LLC, including its services and fees, may be obtained from adviserinfo.sec.gov or by contacting Oakworth Asset Management directly.
OAKWORTH CAPITAL INC.
WEALTH AND TRUST (Unaudited)
(In millions)
As of Change Change
12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 12/31/2025 vs. 12/31/2025 vs.
09/30/2025 12/31/2024
Wealth assets (non-balance sheet) $2,685 $2,566 $2,415 $2,285 $2,297 $119 5 % $388 17 %
CONSOLIDATED CONDENSED STATEMENTS OF CONDITION
(Unaudited)
(in thousands)
As of Change Change
12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 12/31/2025 vs. 12/31/2025 vs.
09/30/2025 12/31/2024
Assets
Cash and due from banks $194,946 $153,084 $124,351 $100,968 $125,016 $41,862 27 % $69,930 56 %
Federal funds sold 1,325 950 1,900 525 950 375 39 % 375 39 %
Securities available for sale 201,684 189,673 175,535 175,599 158,885 12,011 6 % 42,799 27 %
Loans, net of unearned income 1,604,023 1,533,734 1,496,222 1,492,413 1,455,238 70,289 5 % 148,785 10 %
Allowance for credit losses (19,348) (18,734) (17,944) (17,015) (16,330) (614) 3 % (3,018) 18 %
Loans, net 1,584,675 1,515,000 1,478,278 1,475,398 1,438,908 69,675 5 % 145,767 10 %
Fixed assets 3,625 3,821 3,980 4,221 4,420 (196) -5 % (795) -18 %
Interest receivable 7,246 6,845 6,611 6,909 6,678 401 6 % 568 9 %
Other assets 52,723 52,825 58,967 53,866 54,084 (102) 0 % (1,361) -3 %
Total assets $2,046,224 $1,922,198 $1,849,622 $1,817,486 $1,788,941 $124,026 6 % $257,283 14 %
Liabilities and Stockholders' Equity
Liabilities:
Deposits:
Non-interest bearing deposits $304,683 $300,340 $273,119 $270,536 $274,872 $4,343 1 % $29,811 11 %
Interest-bearing deposits 1,526,302 1,397,942 1,299,175 1,356,172 1,321,864 128,360 9 % 204,438 15 %
Total deposits 1,830,985 1,698,282 1,572,294 1,626,708 1,596,736 132,703 8 % 234,249 15 %
Total Borrowings 38,831 58,809 118,786 38,763 39,296 (19,978) -34 % (465) -1 %
Accrued interest payable 1,223 710 1,452 559 1,149 513 72 % 74 6 %
Other liabilities 26,521 20,657 21,333 20,382 26,964 5,864 28 % (443) -2 %
Total liabilities 1,897,560 1,778,458 1,713,865 1,686,412 1,664,145 119,102 7 % 233,415 14 %
Total stockholders' equity 148,664 143,740 135,757 131,074 124,796 4,924 3 % 23,868 19 %
Total liabilities and stockholders' equity $2,046,224 $1,922,198 $1,849,622 $1,817,486 $1,788,941 $124,026 6 % $257,283 14 %
OAKWORTH CAPITAL INC.
CONSOLIDATED CONDENSED STATEMENTS OF INCOME
(Unaudited)
(in thousands)
Quarter Ended Change Change
12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024 4Q25 vs. 3Q25 4Q25 vs. 4Q24
Interest income:
Loans, including fees $25,817 $26,194 $25,306 $24,803 $25,141 $(377) -1 % $676 3 %
Securities available for sale 1,814 1,667 1,605 1,474 1,257 147 9 % 557 44 %
Short term investments 1,772 1,058 1,043 1,169 1,222 714 67 % 550 45 %
Total interest income 29,403 28,919 27,954 27,446 27,620 484 2 % 1,783 6 %
Interest expense:
Deposits 11,289 11,357 11,049 11,268 11,807 (68) -1 % (518) -4 %
Borrowings 678 1,114 1,022 637 804 (436) -39 % (126) -16 %
Total interest expense 11,967 12,471 12,071 11,905 12,611 (504) -4 % (644) -5 %
Net interest income 17,436 16,448 15,883 15,541 15,009 988 6 % 2,427 16 %
Provision for credit losses 1,010 905 1,236 775 1,080 105 12 % (70) -6 %
Net interest income after provision 16,426 15,543 14,647 14,766 13,929 883 6 % 2,497 18 %
for loan losses
Non-interest income 4,647 4,392 4,131 4,245 4,108 255 6 % 539 13 %
Non-interest expense 14,634 13,223 12,964 12,325 12,721 1,411 11 % 1,913 15 %
Income before income taxes 6,439 6,712 5,814 6,686 5,316 (273) -4 % 1,123 21 %
Provision for income taxes 1,145 1,653 1,434 1,655 1,236 (508) -31 % (91) -7 %
Net Income 5,294 5,059 4,380 5,031 4,080 235 5 % 1,214 30 %
Earnings per share - basic $1.05 $1.01 $0.88 $1.01 $0.82 $0.04 4 % $0.23 28 %
Earnings per share - diluted $1.04 $1.01 $0.88 $1.01 $0.82 $0.03 3 % $0.22 27 %
OAKWORTH CAPITAL INC.
CONSOLIDATED CONDENSED STATEMENTS OF INCOME
(Unaudited)
(in thousands) YTD Period Ended
12/31/2025 12/31/2024 Change
Interest income:
Loans, including fees $102,119 $96,124 $5,995 6 %
Securities available for sale 6,561 4,577 1,984 43 %
Short term investments 5,041 4,174 867 21 %
Total interest income 113,721 104,875 8,846 8 %
Interest expense:
Deposits 44,963 46,721 (1,758) -4 %
Borrowings 3,451 3,648 (197) -5 %
Total interest expense 48,414 50,369 (1,955) -4 %
Net interest income 65,307 54,506 10,801 20 %
Provision for credit losses 3,926 2,922 1,004 34 %
Net interest income after provision 61,381 51,584 9,797 19 %
for loan losses
Non-interest income 17,415 16,320 1,095 7 %
Non-interest expense 53,145 47,176 5,969 13 %
Income before income taxes 25,651 20,728 4,923 24 %
Provision for income taxes 5,887 4,954 933 19 %
Net Income 19,764 15,774 3,990 25 %
Earnings per share - basic $3.95 $3.19 $0.76 24 %
Earnings per share - diluted $3.94 $3.19 $0.75 24 %
For more information contact:
Jenifer Kimbrough
Phone: 205-263-4704
Email: jenifer.kimbrough@oakworth.com
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SOURCE Oakworth Capital Inc.
