Univest Financial Corporation (FRA:UVE)

Univest Financial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	393.99	383.31	347.92	237.16	201.35	193.11
Interest Income on Investments	29.05	29.05	23.81	15.04	8.38	10.84
Total Interest Income	423.04	412.36	371.73	252.19	209.73	203.95
Interest Paid on Deposits	177.72	180.87	126.05	25.42	12.87	19.62
Interest Paid on Borrowings	20.32	20.32	25.68	8.47	8.48	9.97
Total Interest Expense	198.04	201.19	151.73	33.9	21.35	29.58
Net Interest Income	225	211.17	220	218.3	188.38	174.36
Net Interest Income Growth (YoY)	7.74%	-4.01%	0.78%	15.88%	8.04%	3.03%
Trust Income	8.68	8.49	7.73	7.74	8.4	7.7
Mortgage Banking Activities	4.24	5.27	3.69	4.41	15.14	16.44
Gain (Loss) on Sale of Investments	0.02	0.02	0.02	0.03	0.15	0.87
Other Non-Interest Income	63.53	65.96	58.34	59.53	54.03	48.47
Total Non-Interest Income	85.16	87.81	76.82	77.89	83.22	78.33
Non-Interest Income Growth (YoY)	1.51%	14.31%	-1.36%	-6.42%	6.25%	19.73%
Revenues Before Loan Losses	310.15	298.98	296.82	296.18	271.61	252.69
Provision for Loan Losses	11.8	5.93	10.77	12.2	-10.13	40.79
Revenue	298.35	293.05	286.05	283.98	281.74	211.9
Revenue Growth (YoY)	4.09%	2.45%	0.73%	0.80%	32.96%	-6.30%
Salaries and Employee Benefits	119.88	119.04	115.89	111.59	100.4	91.64
Occupancy Expenses	6.87	6.83	6.52	10.19	10.4	10.36
Federal Deposit Insurance	4.42	4.43	4.83	3.08	2.71	2.59
Selling, General & Administrative	38.93	38.89	38.72	35.13	30.18	24.06
Other Non-Interest Expense	28.77	28.81	29.89	26.6	23.72	23.12
Total Non-Interest Expense	198.87	197.99	195.84	186.59	167.41	151.76
EBT Excluding Unusual Items	99.48	95.06	90.21	97.39	114.33	60.14
Other Unusual Items	-	-	-	-	-	-1.8
Pretax Income	99.73	95.3	88.69	97.21	114.33	56.9
Income Tax Expense	19.83	19.37	17.59	19.09	22.53	9.98
Net Income	79.89	75.93	71.1	78.12	91.8	46.92
Preferred Dividends & Other Adjustments	-	-	-	-	0.03	-
Net Income to Common	79.89	75.93	71.1	78.12	91.78	46.92
Net Income Growth	11.45%	6.79%	-8.98%	-14.90%	95.67%	-28.61%
Basic Shares Outstanding	29	29	29	29	29	29
Diluted Shares Outstanding	29	29	30	30	30	29
Shares Change (YoY)	-0.93%	-0.45%	-0.06%	-0.01%	0.82%	-0.18%
EPS (Basic)	2.75	2.60	2.42	2.66	3.12	1.60
EPS (Diluted)	2.73	2.58	2.41	2.64	3.11	1.60
EPS Growth	12.34%	7.05%	-8.71%	-15.11%	94.38%	-28.57%
Dividend Per Share	0.860	0.840	0.840	0.840	0.800	0.800
Dividend Growth	2.38%	-	-	5.00%	-	-
Effective Tax Rate	19.89%	20.32%	19.83%	19.64%	19.71%	17.54%

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