Univest Financial Corporation reported net income for the quarter ended December 31, 2019 of $15.5 million, or $0.53 diluted earnings per share, compared to net income of $18.4 million, or $0.63 diluted earnings per share, for the quarter ended December 31, 2018. Gross loans and leases increased $380.3 million, or 9.5%, from December 31, 2018 and $134.9 million, or 12.7% (annualized), from September 30, 2019 primarily due to growth in commercial real estate and residential real estate loans. Total deposits increased $468.8 million, or 12.1%, from December 31, 2018.