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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.
Revenue by Segment
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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