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UVSP (Univest Financial) ROE % : 8.58% (As of Sep. 2024)


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What is Univest Financial ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Univest Financial's annualized net income for the quarter that ended in Sep. 2024 was $74.3 Mil. Univest Financial's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $865.6 Mil. Therefore, Univest Financial's annualized ROE % for the quarter that ended in Sep. 2024 was 8.58%.

The historical rank and industry rank for Univest Financial's ROE % or its related term are showing as below:

UVSP' s ROE % Range Over the Past 10 Years
Min: 4.5   Med: 8.34   Max: 12.52
Current: 8.68

During the past 13 years, Univest Financial's highest ROE % was 12.52%. The lowest was 4.50%. And the median was 8.34%.

UVSP's ROE % is ranked worse than
53.69% of 1546 companies
in the Banks industry
Industry Median: 9.29 vs UVSP: 8.68

Univest Financial ROE % Historical Data

The historical data trend for Univest Financial's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Univest Financial ROE % Chart

Univest Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.12 6.86 12.52 10.08 8.80

Univest Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.44 7.90 9.65 8.53 8.58

Competitive Comparison of Univest Financial's ROE %

For the Banks - Regional subindustry, Univest Financial's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Univest Financial's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Univest Financial's ROE % distribution charts can be found below:

* The bar in red indicates where Univest Financial's ROE % falls into.



Univest Financial ROE % Calculation

Univest Financial's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=71.104/( (776.5+839.208)/ 2 )
=71.104/807.854
=8.80 %

Univest Financial's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=74.312/( (854.137+877.071)/ 2 )
=74.312/865.604
=8.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Univest Financial  (NAS:UVSP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=74.312/865.604
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(74.312 / 293.416)*(293.416 / 8030.5915)*(8030.5915 / 865.604)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.33 %*0.0365*9.2774
=ROA %*Equity Multiplier
=0.92 %*9.2774
=8.58 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=74.312/865.604
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (74.312 / 93.552) * (93.552 / 293.416) * (293.416 / 8030.5915) * (8030.5915 / 865.604)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7943 * 31.88 % * 0.0365 * 9.2774
=8.58 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Univest Financial ROE % Related Terms

Thank you for viewing the detailed overview of Univest Financial's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Univest Financial Business Description

Traded in Other Exchanges
N/A
Address
14 North Main Street, Souderton, PA, USA, 18964
Univest Financial Corp is engaged in domestic banking services for individuals, businesses, municipalities and non-profit organizations. The bank has three operating segments; Banking segment provides financial services including a full range of banking services such as deposit taking, loan origination, and servicing, mortgage banking, other general banking services, and equipment lease financing, Wealth Management segment offers investment advisory, financial planning, trust and brokerage services, and The Insurance segment includes a full-service insurance brokerage agency offering commercial property and casualty insurance, employee benefits solutions, personal insurance lines and human resources consulting. It generates majority of its revenue from the banking segment.
Executives
Jeffrey M Schweitzer officer: EVP & CFO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Michael S Keim officer: EVP & CFO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Natalye Paquin director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Brian Jason Richardson officer: EVP & CFO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Martin P. Connor director 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Todd S Benning director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Thomas M Petro director 14 NORTH MAIN STREET, PO BOX197, SOUDERTON PA 18964
Robert C Wonderling director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
William S Aichele director, officer: Director and President & CEO 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Roger H Ballou director C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Patrick C Mccormick officer: EVP & Chief Credit Officer 14 NORTH MAIN ST, PO BOX 197, SOUDERTON PA 18964
Duane J Brobst officer: Executive VP 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
K Leon Moyer officer: Senior Executive Vice Presiden 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Joseph P Beebe director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964
Glenn E Moyer director 14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964

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