SOUDERTON, Pa. (AP) _ Univest Corp. of Pennsylvania (UVSP) on Wednesday reported fourth-quarter earnings of $25.9 million.
The Souderton, Pennsylvania-based bank said it had earnings of 88 cents per share. Earnings, adjusted for one-time gains and costs, were 92 cents per share.
The holding company for Univest Bank and Trust Co. posted revenue of $71.5 million in the period. Its revenue net of interest expense was $64.7 million, topping Street forecasts.
For the year, the company reported profit of $46.9 million, or $1.60 per share. Revenue was reported as $252.7 million.
Univest shares have climbed roughly 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $21.99, a drop of 13% in the last 12 months.
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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