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Sep 30, 2020
Univest Q3 2020 Earnings Report
Reported net income of $18.1 million, or $0.62 diluted earnings per share, compared to net income of $17.7 million, or $0.60 diluted earnings per share, for the quarter ended September 30, 2019.
Key Takeaways
Univest Financial Corporation reported a net income of $18.1 million, or $0.62 diluted earnings per share, for the quarter ended September 30, 2020, compared to $17.7 million, or $0.60 diluted earnings per share, for the quarter ended September 30, 2019. Pre-tax pre-provision income increased by 18.1% from the third quarter of 2019.
Net income for the quarter ended September 30, 2020 was $18.1 million, or $0.62 diluted earnings per share.
Pre-tax pre-provision income for the quarter ended September 30, 2020 was $27.1 million, an increase of 18.1% from the third quarter of 2019.
Total deposits increased $342.3 million, or 28.1% (annualized), from June 30, 2020.
Noninterest income for the quarter ended September 30, 2020 was $21.8 million, an increase of 31.4%, from the third quarter of 2019.
Univest
Univest
Univest Revenue by Segment
Revenue by Segment
Trust Fee Income Revenue
CapyFin.comService Charges on Deposit Accounts Revenue
CapyFin.comInvestment Advisory Commission and Fee Income Revenue
CapyFin.comInsurance Commission and Fee Income Revenue
CapyFin.comOther Service Fee Income Revenue
CapyFin.comBank Owned Life Insurance Income Revenue
CapyFin.comNet Gain on Sales of Investment Securities Revenue
CapyFin.comNet Gain on Mortgage Banking Activities Revenue
CapyFin.comOther Income Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income