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Jun 30, 2024
Univest Q2 2024 Earnings Report
Net income reported for the quarter ended June 30, 2024.
Key Takeaways
Univest Financial Corporation reported a net income of $18.1 million, or $0.62 diluted earnings per share, for the quarter ended June 30, 2024, compared to a net income of $16.8 million, or $0.57 diluted earnings per share, for the quarter ended June 30, 2023.
Gross loans and leases increased by $105.8 million, or 1.6%, from March 31, 2024.
Total deposits increased by $90.0 million, or 1.4%, from March 31, 2024.
Net interest income for the second quarter of 2024 decreased by $3.3 million, or 6.1%, from the second quarter of 2023.
Noninterest income for the quarter ended June 30, 2024, increased by $1.1 million, or 5.8%, from the comparable period in the prior year.
Revenue by Segment
Forward Guidance
Univest will host a conference call to discuss second quarter 2024 results on Thursday, July 25, 2024, at 9:00 a.m. EST.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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