Univest Financial (FRA:UVE) Allowance For Loans And Lease Losses : €-76.4 Mil (As of Mar. 2024)

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What is Univest Financial Allowance For Loans And Lease Losses?

Univest Financial's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-76.4 Mil.

Univest Financial's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-76.2 Mil) to Dec. 2023 (€-75.9 Mil) but then declined from Dec. 2023 (€-75.9 Mil) to Mar. 2024 (€-76.4 Mil).

Univest Financial's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-61.6 Mil) to Dec. 2022 (€-71.7 Mil) and declined from Dec. 2022 (€-71.7 Mil) to Dec. 2023 (€-75.9 Mil).

Univest Financial Allowance For Loans And Lease Losses Historical Data

The historical data trend for Univest Financial's Allowance For Loans And Lease Losses 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.

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Univest Financial Allowance For Loans And Lease Losses Chart

Univest Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-31.80

-68.26

-61.63

-71.67

-75.94

Univest Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-72.45	-74.03	-76.20	-75.94	-76.40

Univest Financial Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Univest Financial Allowance For Loans And Lease Losses Related Terms

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Univest Financial (FRA:UVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Univest Financial Corp (FRA:UVE) » Definitions » Allowance For Loans And Lease Losses

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Traded in Other Exchanges

UVSP:USA

Address

14 North Main Street, Souderton, PA, USA, 18964

Website

https://www.univest.net

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.