Univest: Q2 Earnings Snapshot

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SOUDERTON, Pa. (AP) — SOUDERTON, Pa. (AP) — Univest Corp. of Pennsylvania (UVSP) on Wednesday reported net income of $16.8 million in its second quarter.

The Souderton, Pennsylvania-based bank said it had earnings of 57 cents per share. Earnings, adjusted for non-recurring costs, were 61 cents per share.

The holding company for Univest Bank and Trust Co. posted revenue of $110 million in the period. Its revenue net of interest expense was $74.2 million, which fell short of Street forecasts.

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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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