Univest Corp of Pennsylvania (UVSP) Tops Q3 EPS by 4c

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

October 22, 2014 10:49 AM EDT

SOUDERTON, Pa., Oct. 22, 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 September 30, 2014. Univest reported net income of $6.2 million or $0.38 diluted earnings per share for the quarter ended September 30, 2014, a 3% increase from reported net income of $6.0 million or $0.36 diluted earnings per share for the quarter ended September 30, 2013. Net income for the nine months ended September 30, 2014 was $17.0 million or $1.04 diluted earnings per share, a 5% increase in net income compared to $16.3... More