Univest Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	430.49	412.36	347.92	237.16	201.35
Interest Income on Investments	-	-	23.81	15.04	8.38
Total Interest Income	430.49	412.36	371.73	252.19	209.73
Interest Paid on Deposits	190.29	201.19	126.05	25.42	12.87
Interest Paid on Borrowings	-	-	25.68	8.47	8.48
Total Interest Expense	190.29	201.19	151.73	33.9	21.35
Net Interest Income	240.2	211.17	220	218.3	188.38
Net Interest Income Growth (YoY)	13.74%	-4.01%	0.78%	15.88%	8.04%
Trust Income	8.85	8.49	7.73	7.74	8.4
Mortgage Banking Activities	3.36	5.27	3.69	4.41	15.14
Gain (Loss) on Sale of Investments	-	0.02	0.02	0.03	0.15
Other Non-Interest Income	66.66	66.2	58.34	59.53	54.03
Total Non-Interest Income	87.86	88.06	76.82	77.89	83.22
Non-Interest Income Growth (YoY)	-0.22%	14.62%	-1.36%	-6.42%	6.25%
Revenues Before Loan Losses	328.06	299.23	296.82	296.18	271.61
Provision for Loan Losses	11.67	5.93	10.77	12.2	-10.13
Revenue	316.39	293.29	286.05	283.98	281.74
Revenue Growth (YoY)	7.88%	2.53%	0.73%	0.80%	32.96%
Salaries and Employee Benefits	127.02	123.75	115.89	111.59	100.4
Occupancy Expenses	11.15	11.03	6.52	10.19	10.4
Federal Deposit Insurance	4.53	4.43	4.83	3.08	2.71
Selling, General & Administrative	30.59	29.98	38.72	35.13	30.18
Other Non-Interest Expense	29.75	28.81	29.89	26.6	23.72
Total Non-Interest Expense	203.04	197.99	195.84	186.59	167.41
EBT Excluding Unusual Items	113.35	95.3	90.21	97.39	114.33
Pretax Income	113.35	95.3	88.69	97.21	114.33
Income Tax Expense	22.59	19.37	17.59	19.09	22.53
Net Income	90.76	75.93	71.1	78.12	91.8
Preferred Dividends & Other Adjustments	-	-	-	-	0.03
Net Income to Common	90.76	75.93	71.1	78.12	91.78
Net Income Growth	19.53%	6.79%	-8.98%	-14.90%	95.67%
Basic Shares Outstanding	29	29	29	29	29
Diluted Shares Outstanding	29	29	30	30	30
Shares Change (YoY)	-1.48%	-0.35%	-0.06%	-0.01%	0.82%
EPS (Basic)	3.16	2.60	2.42	2.66	3.12
EPS (Diluted)	3.13	2.58	2.41	2.64	3.11
EPS Growth	21.32%	7.05%	-8.71%	-15.11%	94.38%
Dividend Per Share	0.870	0.840	0.840	0.840	0.800
Dividend Growth	3.57%	-	-	5.00%	-
Effective Tax Rate	19.93%	20.32%	19.83%	19.64%	19.71%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.