UNIVEST FINANCIAL Corp

Listed Company

UVSPCIK 0000102212NasdaqLarge AcceleratedState Commercial BanksPennsylvaniaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$90.76M

Total Assets

$8.44B

Equity

$943.32M

Shares Out

27.85M

Op. Cash Flow

$101.51M

+ 13F Filer

Business

UNIVEST FINANCIAL Corp is a bank holding company that owns Univest Bank and delivers integrated retail and commercial banking and financial services. It offers deposit, lending and payment services, wealth management and brokerage, registered investment advisory and pension consulting, equipment financing and insurance through wholly owned subsidiaries. Its primary business segments are community banking, wealth management and insurance. The company serves customers in southeastern, central and western Pennsylvania and selected counties in New Jersey and Maryland via branch financial centers, digital channels and subsidiary firms.

Summary from filing dated 2025-02-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Interest and fees on loans and leases	398	383	348	237	201
Taxable	16	15	14	11	6
Exempt from federal income taxes	4,000	33,000	58,000	58,000	170,000
Interest on deposits with other banks	14	11	7	2	661,000
Interest and dividends on other earning assets	3	3	3	2	1
Total interest income	430	412	372	252	210
Interest on demand deposits	106	113	88	19	6
Interest on savings deposits	4	4	3	1	1
Interest on time deposits	62	64	35	5	6
Interest on short-term borrowings	19,000	249,000	7	1	8,000
Interest on long-term debt and subordinated notes	18	20	19	7	8
Total interest expense	190	201	152	34	—
Net interest income (expense)	240	211	220	218	188
Provision for credit losses	12	6	11	12	−10
Net interest income after provision for credit losses	229	205	209	206	199
Insurance commission and fee income	22	22	21	19	16
Bank owned life insurance income	6	4	3	4	4
Net gain on sales of investment securities	0	18,000	0	30,000	145,000
Net gain on mortgage banking activities	3	5	4	4	15
Other income	5	4	3	5	4
Total noninterest income	88	88	77	78	83
Salaries, benefits and commissions	127	124	120	116	104
Net occupancy	11	11	11	10	10
Equipment	4	4	4	4	4
Data processing	17	17	17	15	13
Professional fees	7	6	7	9	8
Marketing and advertising	2	2	2	2	2
Deposit insurance premiums	5	4	5	3	3
Intangible expenses	469,000	694,000	938,000	1	979,000
Restructuring charges	0	0	2	184,000	0
Other expense	29	28	29	25	23
Total noninterest expense	203	198	197	187	167
Income before income taxes	113	95	89	97	114
Income tax expense	23	19	18	19	23
Net income	91	76	71	78	92
Basic (in dollars per share)	3.16	2.6	2.42	2.66	3.12
Diluted (in dollars per share)	3.13	2.58	2.41	2.64	3.11

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	64	76	73	84	49
Interest-earning deposits with other banks	490	253	177	69	841
Cash and cash equivalents	554	329	250	153	890
Investment securities held-to-maturity (fair value $109,724 and $115,007 at December 31, 2025 and 2024, respectively)	123	134	146	155	177
Investment securities available-for-sale (amortized cost $398,476 and $402,651, net of allowance for credit losses of $11 and $839 at December 31, 2025 and 2024, respectively)	371	357	352	350	317
Investments in equity securities	2	3	3	3	3
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost	38	39	40	34	28
Loans held for sale	15	17	12	5	22
Loans and leases held for investment	6,915	6,827	—	—	—
Allowance for credit losses, loans and leases	−88	−87	−85	−79	−72
Net loans and leases held for investment	6,827	6,739	—	—	—
Premises and equipment, net	46	47	51	51	57
Operating lease right-of-use asset	26	29	32	30	30
Goodwill	176	176	176	176	176
Other intangibles, net of accumulated amortization	7	8	11	11	12
Bank owned life insurance	140	139	131	120	119
Accrued interest receivable and other assets	113	112	95	90	54
Total assets	8,437	8,128	7,781	7,222	7,122
Noninterest-bearing deposits	1,432	1,415	1,468	2,047	2,065
Interest-bearing deposits	5,655	5,345	4,907	3,866	3,990
Total deposits	7,087	6,759	6,376	5,914	6,055
Short-term borrowings	24	11	6	197	20
Long-term debt	200	225	310	95	95
Subordinated notes	99	149	149	148	99
Operating lease liabilities	29	31	35	33	33
Accrued interest payable and other liabilities	54	65	66	58	46
Total liabilities	7,494	7,241	6,941	6,446	6,349
Common stock, $5 par value: 48,000,000 shares authorized at December 31, 2025 and 2024; 31,556,799 shares issued at December 31, 2025 and 2024; 28,156,917 and 29,045,877 shares outstanding at December 31, 2025 and 2024, respectively	158	158	158	158	158
Additional paid-in capital	304	303	301	301	299
Retained earnings	591	526	475	429	375
Accumulated other comprehensive loss, net of tax benefit	−25	−44	−51	−62	−16
Treasury stock, at cost; 3,399,882 and 2,510,922 shares at December 31, 2025 and 2024, respectively	−84	−55	−44	−49	42
Shareholders' equity:	943	887	839	777	774
Total liabilities and shareholders' equity	8,437	8,128	7,781	7,222	7,122

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation of premises and equipment	6	5	5	4	5
Net amortization of investment securities premiums and discounts	968,000	1	1	1	3
Amortization, fair market value adjustments and capitalization of servicing rights	512,000	2	−411,000	−693,000	−1
Stock-based compensation	5	5	4	4	4
Other adjustments to reconcile net income to cash used in by operating activities	−4	−3	−1	−4	−5
Deferred tax expense (benefit)	508,000	−1	−710,000	−545,000	4
Originations of loans held for sale	−214	−310	−229	−234	−496
Proceeds from the sale of loans held for sale	218	311	227	255	528
Contributions to pension and other postretirement benefit plans	−257,000	−243,000	−250,000	−252,000	−265,000
Decrease (increase) in accrued interest receivable and other assets	2	−12	−9	−6	−3
(Decrease) increase in accrued interest payable and other liabilities	−6	4	17	6	2
Net cash provided by operating activities	102	75	90	109	102
Proceeds from sale of premises and equipment	411,000	2	2	7	0
Purchases of premises and equipment	−5	−3	−7	−5	−6
Proceeds from maturities, calls and principal repayments of securities held-to-maturity	13	14	15	32	65
Proceeds from maturities, calls and principal repayments of securities available-for-sale	55	56	31	32	50
Proceeds from sales	0	505,000	0	2	5
Purchases of investment securities held-to-maturity	−3	−3	−6	−10	−92
Purchases of investment securities available-for-sale	−51	−64	−25	−117	−154
Proceeds from sales of equity securities	7	5	1	4	7
Purchases of money market mutual funds	−6	−4	−2	−4	−7
Net decrease (increase) in other investments	1	2	−7	−6	−3,000
Proceeds from sale of loans originally held-for-investment	0	0	25	3	996,000
Net increase in loans and leases	−101	−261	−474	−837	−2
Proceeds from sales of foreclosed / repossessed assets	322,000	80,000	260,000	0	7
Purchases of bank owned life insurance	0	−6	−8	0	0
Proceeds from bank owned life insurance	5	2	0	2	3
Net cash used in investing activities	−84	−260	−454	−898	−127
Net increase in deposits	328	383	462	−142	812
Net increase (decrease) in short-term borrowings	13	5	−191	177	2
Proceeds from issuance of long-term debt	50	0	250	0	0
Repayment of long-term debt	−75	−85	−35	0	−15
Proceeds from issuance of subordinated notes	50	0	0	50	0
Subordinated notes issuance costs	−802,000	0	0	−949,000	0
Repayment of subordinated notes	100	0	0	0	−85
Payment of contingent consideration on acquisitions	−635,000	−635,000	−635,000	0	−58,000
Payment for shares withheld to cover taxes on vesting of restricted stock units	−2	−873,000	−1	−903,000	−355,000
Purchases of treasury stock	−35	−19	−462,000	−11	−295,000
Stock issued under dividend reinvestment and employee stock purchase plans	2	2	3	3	2
Proceeds from exercise of stock options	1	3	115,000	698,000	2
Cash dividends paid	−25	−25	−25	−25	−24
Net cash provided by financing activities	207	264	462	51	695
Net increase in cash and cash equivalents	225	79	97	−737	670
Cash paid for interest	200	192	140	33	22
Transfer of loans to other real estate owned	4	407,000	79,000	18	126,000
Transfer of leases to repossessed assets	143,000	181,000	0	0	—
Transfer of loans to loans held for sale	0	0	26	3	996,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Holdings (13F)

Portfolio as of 2026-01-14 · 196 positions

Reported AUM

$354.96M

Holdings

196

Top sector

$354.96M

Top sectors

Sector	Value	% of portfolio
Uncategorized	$354.96M	100.0%

Top holdings

Issuer	Ticker	Shares	Value	%
VANGUARD STAR FDS	—	693.1K	$41.41M	11.7%
VANGUARD INDEX FDS	—	60.4K	$25.07M	7.1%
UNIVEST FINANCIAL CORPORATIO	—	507.4K	$13.58M	3.8%
APPLE INC	—	65.9K	$11.50M	3.2%
MICROSOFT CORP	—	36.6K	$11.29M	3.2%
AMAZON COM INC	—	3.0K	$9.92M	2.8%
JOHNSON & JOHNSON	—	53.5K	$9.48M	2.7%
AB GLOBAL BOND ADVISOR	—	1.04M	$8.12M	2.3%
SELECT SECTOR SPDR TR	—	103.2K	$7.89M	2.2%
COSTCO WHSL CORP NEW	—	13.6K	$7.81M	2.2%