Detail akcie Univest Of PA online

Business Summary: Univest Financial Corporation is a bank holding company for Univest Bank and Trust Co. (the Bank). The Bank is a state-chartered bank and trust company. The Company has three segments: Banking, Wealth Management and Insurance. Banking segment provides financial services to individuals, businesses, municipalities and non-profit organizations. These services include a full range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking services, and equipment lease financing. Wealth Management segment offers investment advisory, financial planning, trust and brokerage services. The segment serves a diverse client base of private families and individuals, municipal pension plans, retirement plans, trusts and guardianships. Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefit solutions, personal insurance lines and human resources consulting.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Univest Financial Corp interest income increased 18% to $98.6M. Net interest income after loan loss provision decreased 11% to $50M. Net income decreased 3% to $20.3M. Net interest income after loan loss provision reflects Banking segment decrease of 12% to $52.3M, Net Interest Margin, Total -% decrease of 20% to 2.88%, Net Interest Spread, Total -% decrease of 31% to 1.94%.