Univest Corp Of Pennsylvania (UVSP) Misses Q2 EPS by 3c

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Univest Corporation of Pennsylvania -- Univest Bank and Trust Co. -- Reports Second Quarter Earnings

July 23, 2014 11:25 AM EDT

SOUDERTON, Pa., July 23, 2014 (GLOBE NEWSWIRE) -- Univest Corporation of Pennsylvania ("Univest") (Nasdaq: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, today announced financial results for the quarter ended June 30, 2014. Univest reported net income of $5.1 million or $0.31 diluted earnings per share for the quarter ended June 30, 2014, a 5% increase from reported net income of $4.8 million or $0.29 diluted earnings per share for the quarter ended June 30, 2013. The second quarter of 2014 results include $516 thousand in acquisition-related costs or $0.02 diluted earnings per share on a tax affected basis. Net... More