UNIVEST FINANCIAL Corp reported second-quarter 2026 results with revenue of $84.4M and diluted EPS of $0.82, driven by higher net interest income and growth in fee-based businesses versus the year-ago quarter.
Financial Highlights
- Revenue was $84.4M for Q2 2026, compared with $81.0M in the prior-year quarter; YoY change 4.2%.
- Net income was $22.95M for Q2 2026, compared with $19.98M in the prior-year quarter; YoY change 14.9%.
- Diluted EPS was $0.82 for Q2 2026, compared with $0.69 in the prior-year quarter; YoY change 18.8%.
Business Highlights
- Net income rose 14.9% for the quarter and 18.1% year-to-date, supported by higher net interest income and stronger performance in fee-based businesses.
- Wealth management assets under management grew to $6.2B, lifting advisory fees and commissions year-over-year.
- Net interest income and net interest margin improved on higher interest-earning asset balances and lower funding costs.
- Operationally, the company completed a planned consolidation of two facilities, recording a $0.4M restructuring charge, and continued share repurchases alongside sustained deposit origination efforts.
Original SEC Filing:
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