OAKWORTH CAPITAL INC - OAKC STOCK NEWS

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Oakworth Capital Inc. (OAKC) is a leading bank holding company operating Oakworth Capital Bank, founded in 2008. With headquarters in Birmingham, Alabama, Oakworth offers commercial and private banking, wealth management, and advisory services nationwide. The company recently reported solid financial performance, including increased diluted earnings per share, pre-tax income, and overall deposits. Oakworth's Chairman and CEO, Scott Reed, highlighted the company's balanced growth and market stability, along with the successful reopening of its Central Carolinas office. With a strong capital position and exceptional credit quality, Oakworth continues to provide exceptional service to clients, earning recognition as the #1 'Best Bank to Work For' and maintaining a high Net Promoter Score. As of December 31, 2023, Oakworth boasts $1.6 billion in total assets, $1.2 billion in gross loans, $1.4 billion in deposits, and $2.0 billion in wealth and trust assets under management.

11/27/2023 11:57 AM

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For 6th Consecutive Year, Oakworth Capital Bank Named #1 "Best Bank to Work For" in the U.S.

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Oakworth Capital Bank (OCB) has been named the #1 'Best Bank to Work For' in the United States by American Banker, with a 96% associate retention rate as of year-end 2022. The bank's emphasis on core values, collaborative environment, and client-centric focus contributed to this recognition.

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11/13/2023 11:49 AM

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Oakworth Capital Inc. Reports 16% Increase in Year-to-Date Diluted EPS

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Oakworth Capital Inc. (OAKC) reported a 16% increase in diluted earnings per share and a 15% increase in earnings year-to-date September 30, 2023, compared to the same period in 2022. The company attributes this growth to a 9% increase in wealth assets, a 23% increase in loans, a 16% increase in deposits, and a 17 bps margin expansion year-over-year. Chairman and CEO Scott Reed emphasized the company's focus on balanced growth and exceptional client service in a challenging environment.

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10/11/2023 10:35 AM

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Oakworth Capital Bank Opens Its Doors in The Central Carolinas

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Oakworth Capital Bank® opens new office in Charlotte to provide personalized financial services.

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09/19/2023 10:00 AM

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Oakworth Capital Bank Announces New Members to its Inaugural Central Carolinas Market Board

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Oakworth Capital Bank introduces new members to its Central Carolinas board, including Blake Evans, Kimberly Mize, and Steve Smith. The bank aims to provide personalized services and a curated experience. The team-based culture and associate retention rate of 96% reflect Oakworth's commitment to its associates. The bank's new office is located in Charlotte.

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09/05/2023 01:00 PM

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Oakworth Capital Bank Partners with Baker Hill to Optimize Commercial & Consumer Loan Growth

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Alabama-based Oakworth Capital Bank has chosen to implement Baker Hill NextGen® for commercial and private client lending. The unified solution will streamline loan origination and portfolio monitoring, enhancing the borrowing experience and increasing efficiencies for clients. Oakworth Capital Bank plans to integrate TruStage with Baker Hill NextGen® to automate loan document preparation and ensure compliance with regulations.

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08/31/2023 09:00 AM

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Oakworth Capital Bank Names New Member to South Alabama Market Board

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Patrick Chapman joins Oakworth Capital Bank's South Alabama Market Board

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08/10/2023 11:00 AM

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Morrison Creech Joins Central Carolinas Market Board of Oakworth Capital Bank

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07/31/2023 10:10 AM

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Oakworth Capital Inc. Reports 27% Increase in First Half 2023 Diluted EPS

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05/01/2023 11:18 AM

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Oakworth Capital Inc. Reports 35% Increase in Diluted EPS

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04/18/2023 09:00 AM

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Oakworth Capital Bank Names New Members to Central Alabama Market Board

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On April 18, 2023, Oakworth Capital Bank (OTCQX: OAKC) announced the appointment of Tate Forrester and Craig Hey to its Central Alabama Market Board. Forrester, the president and CEO of O'Neal Steel, brings over 12 years of experience, while Hey is a vice chair at Cushman & Wakefield, having sold multifamily properties valued over $9 billion. Bill Pitts, Oakworth's managing director, highlighted the strong community respect both leaders command. Oakworth, founded in 2008, has recently been recognized as the 'Best Bank to Work for' for five consecutive years and boasts impressive financial metrics, including total assets of $1.3 billion and a Net Promoter Score of 96.

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FAQ

What is the current stock price of OAKWORTH CAPITAL (OAKC)?

The current stock price of OAKWORTH CAPITAL (OAKC) is $29.5 as of October 15, 2024.

What is the market cap of OAKWORTH CAPITAL (OAKC)?

The market cap of OAKWORTH CAPITAL (OAKC) is approximately 145.0M.

When was Oakworth Capital Inc. founded?

Oakworth Capital Inc. was founded in 2008 as the bank holding company for Oakworth Capital Bank.

Where is the headquarters of Oakworth Capital Inc. located?

The company's headquarters is in Birmingham, Alabama.

What services does Oakworth Capital Inc. provide?

Oakworth offers commercial and private banking, wealth management, and advisory services to clients across the United States.

What recent achievements did Oakworth Capital Inc. report?

Recent achievements include increased diluted earnings per share, pre-tax income, and overall deposits, demonstrating the company's solid financial performance.

Who is the Chairman and CEO of Oakworth Capital Inc.?

Scott Reed serves as the Chairman and CEO of Oakworth Capital Inc., leading the company's growth and market stability strategy.

What recognition has Oakworth Capital Inc. received?

The company has been named the #1 'Best Bank to Work For' for six consecutive years by American Banker, reflecting its exceptional workplace environment.

What is Oakworth Capital Inc.'s Net Promoter Score?

Oakworth has earned a Net Promoter Score (NPS) of 96 out of 100, showcasing high customer satisfaction and loyalty.

What is Oakworth Capital Inc.'s client retention rate?

Oakworth reported a client retention rate of 97% in 2023, highlighting strong client relationships and satisfaction.

What are Oakworth Capital Inc.'s total assets as of December 31, 2023?

As of December 31, 2023, Oakworth had $1.6 billion in total assets, demonstrating the company's substantial growth and financial stability.

Where can I find more information about Oakworth Capital Inc.?

For more information about Oakworth Capital Inc., visit their official website at www.oakworth.com or contact Jenifer Kimbrough at 205-263-4704 or jenifer.kimbrough@oakworth.com.