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Univest: 2Q Earnings Snapshot

July 24, 2019

SOUDERTON, Pa. (AP) _ Univest Corp. of Pennsylvania (UVSP) on Wednesday reported second-quarter profit of $16.5 million.

The bank, based in Souderton, Pennsylvania, said it had earnings of 56 cents per share.

The holding company for Univest Bank and Trust Co. posted revenue of $70.4 million in the period. Its revenue net of interest expense was $59 million, exceeding Street forecasts.

Univest shares have risen 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.01, a decrease of nearly 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UVSP at https://www.zacks.com/ap/UVSP

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