Oakworth Capital Inc. Maintains Strong Dividend Record
The Board of Directors at Oakworth Capital Inc. convened recently to announce an exciting milestone—the declaration of a cash dividend of $0.45 per common share. This announcement signifies the company's commitment to rewarding its shareholders consistently. The dividend will be paid out on January 15, 2026, for shareholders recorded by December 15, 2025.
Overview of Oakworth Capital Inc.
Oakworth Capital Inc., operating as the holding entity for Oakworth Capital Bank, has established a solid reputation in the financial sector. The bank was founded in 2008 with its main office located in Birmingham, Alabama, and has since expanded to four locations across the Southeast region. Oakworth Capital Bank is dedicated to offering a variety of services including commercial and private banking, wealth management, and advisory services tailored to meet diverse client needs in the United States.
Acknowledgments and Achievements
Oakworth has stood out in various industry rankings, notably being named among American Banker's "Best Banks to Work for" for nine consecutive years. Notably, it secured the top position for six of those years and was ranked second most recently. Furthermore, Oakworth's outstanding service is reflected in its impressive Net Promoter Score (NPS), which averaged 94 in 2024, indicating high customer satisfaction. This satisfaction is coupled with a strong client retention rate of 95%.
Financial Performance at a Glance
As of September 30, 2025, Oakworth showcased strong financial performance, reporting total assets of $1.9 billion, gross loans amounting to $1.5 billion, and deposits of $1.7 billion. Additionally, the bank manages wealth and trust assets totaling $2.6 billion, underscoring its robust position in the market and its capability to serve its clients effectively.
Community and Client Engagement
Oakworth Capital Inc. emphasizes community engagement through its banking services. The bank has successfully integrated client feedback into its operations, ensuring they meet evolving financial needs. Its outstanding NPS indicates that customers feel valued and are likely to recommend Oakworth’s services, fostering a positive community reputation.
Looking Ahead: Future Prospects
As Oakworth Capital looks to the future, the leadership is committed to maintaining a growth trajectory that prioritizes both financial performance and shareholder value. The ability to consistently issue dividends signals a strong financial foundation, providing reassurance to current and prospective investors.
Frequently Asked Questions
What is the annual dividend declared by Oakworth Capital Inc.?
Oakworth Capital Inc. has declared an annual dividend of $0.45 per common share.
When will the dividend be paid to shareholders?
The dividend will be paid on January 15, 2026, to shareholders on record as of December 15, 2025.
What services does Oakworth Capital Bank offer?
Oakworth Capital Bank provides a range of services including commercial and private banking, wealth management, and advisory services.
How has Oakworth Capital Inc. performed in industry rankings?
Oakworth has been recognized among the "Best Banks to Work for" for nine years and maintains a high customer satisfaction score.
What was the total asset amount for Oakworth as of September 30, 2025?
As of September 30, 2025, Oakworth reported total assets of $1.9 billion.
