Univest Financial's Total Assets for the quarter that ended in Dec. 2023 was $7,780.6 Mil.
Warning Sign:
If a company builds assets at 9.5% a year, faster than its revenue growth rate of 6.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Univest Financial's average Total Assets Growth Rate was 6.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 9.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.40% per year.
During the past 13 years, Univest Financial's highest 3-Year average Total Assets Growth Rate was 29.50%. The lowest was -6.40%. And the median was 7.20%.
Total Assets is connected with ROA %. Univest Financial's annualizedROA % for the quarter that ended in Dec. 2023 was 0.83%. Total Assets is also linked to Revenue through Asset Turnover. Univest Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
Univest Financial Total Assets Historical Data
The historical data trend for Univest Financial's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Univest Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Univest Financial (NAS:UVSP) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Univest Financial's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Univest Financial Total Assets Related Terms
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Univest Financial (Univest Financial) Business Description
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 a majority of its revenue from the banking segment.
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