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Sep 30, 2024
Univest Q3 2024 Earnings Report
Net income increased and loan portfolio saw growth.
Key Takeaways
Univest Financial Corporation reported a net income of $18.6 million, or $0.63 diluted earnings per share, for the quarter ended September 30, 2024, compared to a net income of $17.0 million, or $0.58 diluted earnings per share, for the quarter ended September 30, 2023. Gross loans and leases increased $45.9 million, or 0.7% from June 30, 2024.
Net income for the quarter ended September 30, 2024 was $18.6 million, or $0.63 diluted earnings per share.
Gross loans and leases increased $45.9 million, or 0.7% from June 30, 2024.
Total deposits increased $358.8 million, or 5.5% from June 30, 2024.
Noninterest income increased $1.5 million, or 7.8%, from the comparable period in the prior year.
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.com Forward Guidance
The press release does not contain specific forward guidance. Therefore, forward guidance has not been specified.