Loading...
•
Mar 31, 2024
Univest Q1 2024 Earnings Report
Univest reported net income of $20.3 million for the first quarter of 2024.
Key Takeaways
Univest Financial Corporation reported a net income of $20.3 million, or $0.69 diluted earnings per share, for the quarter ended March 31, 2024. This is slightly lower compared to the net income of $21.0 million, or $0.71 diluted earnings per share, for the same quarter in the previous year. The results included a $3.4 million net gain from the sale of mortgage servicing rights.
Net income for Q1 2024 was $20.3 million, or $0.69 diluted earnings per share.
Gross loans and leases increased by $11.9 million from December 31, 2023.
Total deposits increased by $29.6 million from December 31, 2023.
Net interest income decreased by $7.9 million compared to Q1 2023.
Revenue by Segment
Forward Guidance
I am sorry, but I cannot provide information on forward guidance as it was not mentioned in the document.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...