earnings
confidence high
sentiment positive
materiality 0.70
Univest Financial Q4 net income $23.8M, EPS $0.81, loan growth 16% YoY
UNIVEST FINANCIAL Corp
2022-FY EPS reported
$2.64
revenue$296,182,000
- Net income $23.8M ($0.81 diluted EPS) vs $17.4M ($0.59) in Q4 2021.
- Gross loans ex-PPP increased $842.8M or 16% YoY; annualized QoQ growth 18.8%.
- Q4 included $526k BOLI death benefit ($0.02 EPS) and $184k restructuring charges from branch consolidation.