UVSP

Strong Q1 results: Univest reported net income of $27.1 million (EPS $0.96), a 24.7% YoY EPS increase, with return on average assets of 1.33% and improved efficiency alongside a lower loan‑to‑deposit ratio. Capital returns prioritized: The board raised the quarterly dividend 4.5% to $0.23 and repurchased 351,138 shares, with management signaling continued buybacks while monitoring CET1 (~11.3%) and remaining open to opportunistic M&A. Margin and outlook uplift: Reported NIM rose 23 bps to 3.33% (core 3.44%), prompting an updated net interest income growth outlook of 5–7% for 2026 and a maintained loan growth target of ~2–3%, while credit metrics stayed strong (NPLs ~0.25%, ACL 1.28%). Interested in Univest Corporation of Pennsylvania? Here are five stocks we like better. Univest Corporation of Pennsylvania (NASDAQ:UVSP) opened 2026 with what executives described as a strong first quarter, driven by higher earnings, margin expansion and continued progress on efficiency and balance sheet priorities. Chairman, President and CEO Jeff Schweitzer said the company reported first-quarter net income of $27.1 million, or $0.96 per share, representing a 24.7% increase in earnings per share compared to the first quarter of 2025. He added that return on average assets improved to 1.33% for the quarter. → Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting Schweitzer also highlighted efforts to lower the loan-to-deposit ratio and improve operating leverage. He said the company’s average loan-to-deposit ratio was 280 basis points lower than the first quarter of 2025, while the efficiency ratio declined 190 basis points year over year, which he tied to benefits from recent technology investments. Management emphasized capital return actions taken during the quarter. Schweitzer said the board increased the quarterly dividend by 4.5% to $0.23 per share and that the company repurchased 351,138 shares during the quarter. → Allbirds Exits Shoes, Pivots to AI With NewBird Rebrand In response to a question about the pace of repurchases, Schweitzer said he did not anticipate pulling back on buybacks in the near term. CFO Brian Richardson added that the company closely monitors common equity tier 1 (CET1) capital and indicated management intends to manage that level lower through buybacks. Richardson said CET1 started the year at 11.22% and ended the first quarter at 11....

Image source: The Motley Fool. Thursday, April 23, 2026 at 9 a.m. ET President & Chief Executive Officer — Jeff Schweitzer Chief Financial Officer — Brian Richardson President, Univest Bank and Trust Co. — Mike Keim Need a quote from a Motley Fool analyst? Email [email protected] We had a strong start to the year as we reported net income for the first quarter of $27.1 million or $0.96 per share, which was a 24.7% increase compared to earnings per share in Q1 of 2025. Results were solid across our lines of business, resulting in our ROAA improving to 1.33% for the quarter. Additionally, we continue to execute on our initiatives to lower our loan-to-deposit ratio, which on average was 280 basis points lower than Q1 of 2025 and our efficiency ratio, which declined 190 basis points from Q1 of 2025, showing improved operating leverage as we continue to see results from our investments in technology over the past few years. Our strong results for the quarter also resulted in our rewarding our shareholders by increasing our quarterly dividend 4.5% to $0.23 per share and buying back 351,138 shares of our stock during the quarter. Before I pass it over to Brian, I would like to thank the entire Univest family for the great work they do every day and for their continued efforts serving our customers, communities and each other. I'll now turn it over to Brian for further discussion on our results. Brian Richardson: Thank you, Jeff, and thank you to everyone for joining us this morning. I would like to start by touching on 4 items from the earnings release. First, we saw a solid NIM expansion during the quarter with reported NIM increasing 23 basis points to 3.33%. Additionally, core NIM, which excludes excess liquidity of 3.44% increased 7 basis points compared to the fourth quarter. Second, during the quarter, credit quality remained strong, and we recorded a provision for credit losses of $1.3 million. At March 31, nonperforming loans and leases represented approximately 0.25% of total loans, and our allowance for credit losses remained steady at 1.28% of loans held for investments. Net charge-offs for the quarter totaled $1.3 million or 7 basis points annualized. Third, noninterest income increased $1.7 million or 7.5% compared to the first quarter of 2025. When excluding BOLI death benefits, noninterest income increased $2.3 million or 11% compared to the first quarter...

Image source: The Motley Fool. Thursday, July 24, 2025, at 9 a.m. ET Chief Executive Officer — Jeff Schweitzer President & Chief Operating Officer — Mike Keim Chief Financial Officer — Brian Richardson Jeff Schweitzer: Thank you, Carly, and good morning, and thank you to all of our listeners for joining us. Joining me on the call this morning is Mike Keim, our Chief Operating Officer and President of Univest Bank and Trust; and Brian Richardson, our Chief Financial Officer. Before we begin, I would like to remind everyone of the forward-looking statements disclaimer. Please be advised that during the course of this conference call, management may make forward-looking statements that express management's intentions, beliefs or expectations within the meaning of the federal securities laws. Univest's actual results may differ materially from those contemplated by these forward-looking statements. I will refer you to the forward-looking cautionary statements in our earnings release and in our SEC filings. Hopefully, everyone had a chance to review our earnings release from yesterday. If not, it can be found on our website at univest.net under the Investor Relations tab. We reported net income of $20 million during the second quarter or $0.69 per share. While loan outstandings contracted by $31.9 million during the quarter, production has remained solid through the first 6 months of the year. However, we continue to be impacted by early payoffs and paydowns. Overall, year-to-date commercial loan production through June 30 was $507 million compared to $402 million in the prior year. However, this has resulted in contraction in loan outstandings year-to-date of $25.4 million compared to growth of $117.6 million in the prior year. While deposits decreased $75.8 million during the quarter, this was predominantly due to the seasonal decline of public funds deposits and a decline in broker deposits. Excluding these declines, deposits increased $77.5 million during the quarter. During the quarter, we recorded $7.8 million of net charge-offs predominantly related to one credit, which accounted for $7.3 million of the charge-offs. The remaining balance of this relationship of $16.4 million has been placed on nonaccrual and is supported by the appraised value of the real estate collateral. As this is still an active situation where fraud is suspected, we will have no furt...

(24.7% increase in earnings per share compared to 2025 first quarter) (4.5% increase in dividend) SOUDERTON, Pa., April 22, 2026 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2026 of $27.1 million, or $0.96 diluted earnings per share, compared to net income of $22.4 million, or $0.77 diluted earnings per share, for the quarter ended March 31, 2025. Dividend On April 22, 2026, Univest declared a quarterly cash dividend of $0.23 per share to be paid on May 20, 2026 to shareholders of record as of May 6, 2026, which represents an increase of $0.01 per share, or 4.5%. Univest had last increased its dividend by $0.01 per share in May 2025. One-Time Items The financial results for the quarter included tax-free bank owned life insurance ("BOLI") death benefit proceeds of $372 thousand, which represented $0.01 diluted earnings per share. In addition, the financial results for the quarter included a $427 thousand restructuring charge ($337 thousand after-tax), or $0.01 diluted earnings per share, related to the planned closure of two underutilized facilities: a financial center and a limited purpose banking office. Loans Gross loans and leases increased $25.4 million, or 0.4% (1.6% annualized), from December 31, 2025, primarily due to increases in commercial and commercial real estate loans, partially offset by decreases in construction and residential mortgage loans. Gross loans and leases increased $107.2 million, or 1.6%, from March 31, 2025, driven primarily by growth in construction, commercial, commercial real estate, and home equity loans. This growth was partially offset by a decline in residential mortgage loans, which is consistent with our strategy to focus balance sheet growth on full-relationship customers which will improve our loan-to-deposit ratio. Deposits and Liquidity Total deposits decreased $273.6 million, or 3.9% (15.6% annualized), from December 31, 2025 due to decreases in commercial, consumer, brokered deposits, and public funds, primarily reflecting seasonal public funds runoff during the quarter. Total deposits increased $155.3 million, or 2.3%, from March 31, 2025, primarily due to an increase in commercial dep...

Net income growth of 24.7% was driven by solid performance across all business lines and significant expansion in net interest margin (NIM). Operating leverage improved as the efficiency ratio declined 190 basis points, reflecting realized returns from multi-year technology investments. Management successfully executed on initiatives to lower the loan-to-deposit ratio, which decreased by 280 basis points compared to the prior year. Noninterest income growth of 11% (excluding BOLI benefits) was fueled by strength in investment advisory, insurance, and servicing-related fees. Credit quality remains a core strength with nonperforming loans at 0.25%, supported by a stable allowance for credit losses at 1.28%. Commercial loan growth was aided by a normalization of prepayment activity, despite a lower volume of new commitments compared to the previous year. Full-year net interest income growth guidance was raised to a range of 5% to 7% based on first-quarter margin momentum and core NIM strength. Loan growth is projected at 2% to 3% for the full year, with historical trends suggesting the second and fourth quarters will be the strongest for originations. The net interest margin outlook remains resilient to interest rate volatility, as management indicated that the first few Fed rate cuts (or lack thereof) would not materially impact NII. Management intends to aggressively manage capital by targeting a CET1 ratio of approximately 11.22%, utilizing share buybacks to prevent capital build-up. Strategic focus for the remainder of 2026 includes further reducing the loan-to-deposit ratio while maintaining stable cost of funds. Noninterest expenses were impacted by $427,000 in restructuring charges and a 48.8% spike in medical claims due to the company's self-insured plan structure. Management is monitoring potential headwinds for agricultural and shipping clients related to higher fuel and fertilizer costs, though surcharges and advance purchasing have mitigated impacts to date. Increased competition in the Commercial Real Estate (CRE) sector is being countered by focusing on construction lending where margins remain stronger. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management believes deposit costs are reaching equilibrium and does not expect significant mov...

Univest (UVSP) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this holding company for Univest Bank and Trust Co. would post earnings of $0.78 per share when it actually produced earnings of $0.79, delivering a surprise of +1.28%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Univest, which belongs to the Zacks Banks - Northeast industry, posted revenues of $87.45 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.43%. This compares to year-ago revenues of $79.2 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Univest shares have added about 12% since the beginning of the year versus the S&P 500's gain of 3.2%. While Univest has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Univest was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Str...

Image source: The Motley Fool. Thursday, Oct. 23, 2025, at 9 a.m. ET President and Chief Executive Officer — Jeff Schweitzer Executive Vice President and Chief Financial Officer — Brian Richardson President — Mike Keim Need a quote from a Motley Fool analyst? Email [email protected] We had a strong third quarter, reporting net income of $25.6 million or $0.89 per share. This was an increase of $7.1 million or 38% compared to the same quarter in the prior year, primarily due to continued growth in our net interest income and margin, combined with prudent expense management as expenses are only up 2% year-to-date compared to the prior year. While loan outstandings contracted slightly during the quarter by $15.7 million, production has remained solid through the first 9 months of the year. However, we continue to be impacted by early payoffs and paydowns. Year-to-date, new commercial loan commitments through September 30 were $808 million compared to $659 million in the prior year. However, this has resulted in contraction in loan outstandings year-to-date of $41.1 million compared to growth of $163.5 million in the prior year. Deposits increased significantly during the quarter by $635.5 million during -- predominantly due to the seasonal build of public funds deposits of $473.2 million. Excluding the build in public funds deposits, deposits increased $162.3 million during the quarter. During the second quarter of this year, we recorded a $7.3 million charge-off related to a commercial loan relationship that had been placed on nonaccrual and had a $16.4 million carrying balance as of June 30, 2025. As of September 30, 2025, the carrying balance of loans and other real estate owned related to this relationship totaled $13.9 million and $1.4 million, respectively. The $13.9 million of loans is secured by commercial real estate, which is under the control of a court-appointed receiver. The receiver has entered into an agreement to sell the property, which is subject to court approval. If the sale is approved by the court and consummated in accordance with the executed agreement, we expect the proceeds will adequately cover our carrying balance, resulting in no further charge-offs. With regards to the $1.4 million residential OREO asset, the carrying balance is supported by an appraisal and eviction proceedings are underway. Before I pass it over to Brian, I would like...

SOUDERTON, Pa., April 07, 2026 (GLOBE NEWSWIRE) -- Univest Financial Corporation (Nasdaq: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investment and equipment finance subsidiaries, announced it will host a conference call to discuss its first quarter 2026 earnings on Thursday, April 23, 2026 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, April 22, 2026. Pre-registration Telephone participants may avoid any delays by pre-registering for the call using the following link. Conference Call registration link: https://registrations.events/direct/Q4I46085961 Audio Dial in number: 1-800-715-9871 Note: Participants who are unable to pre-register should dial in a few minutes prior to the start time. *Please mention Access Code 46085 or “Univest Financial Corporation First Quarter 2026 Earnings Call” to the operator. Replay Link: https://registrations.events/direct/Q4I46085961 Available until: April 30, 2026 About Univest Financial Corporation Univest Financial Corporation (UVSP), including its wholly-owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $8.4 billion in assets and $5.9 billion in assets under management and supervision through its Wealth Management lines of business at December 31, 2025. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices and online at www.univest.net. CONTACT: Contact: Brian J. Richardson Univest Financial Corporation Chief Financial Officer 215-721-2446 | [email protected]

This article first appeared on GuruFocus. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Univest Financial Corp (NASDAQ:UVSP) reported a strong fourth quarter with net income of $22.7 million, marking a 21.5% increase in earnings per share compared to Q4 2024. Loan growth was solid in the fourth quarter, with loan outstandings increasing by $129.3 million. The company successfully reduced non-accrual loans to total loans by 20 basis points to 0.2%, and non-performing assets to total assets declined by 16 basis points to 0.45%. Univest Financial Corp (NASDAQ:UVSP) repurchased approximately 480,000 shares of common stock during the fourth quarter, with plans to continue repurchasing shares in 2026. The company expects net interest income growth of approximately 4 to 6% in 2026, driven by anticipated loan growth and modest NIM expansion. The reported net interest margin (NIM) decreased by 7 basis points to 3.10% due to increased excess liquidity. Deposits decreased by $130.8 million during the quarter, primarily driven by a $198.8 million decrease in public funds. Non-interest expense increased by $2.1 million or 4.1% compared to the fourth quarter of 2024. The provision for credit losses was recorded at $3.1 million for the quarter, with net charge-offs totaling $1.1 million. The company faces increased competition in deposit pricing, which could impact its ability to lower deposit costs further. Warning! GuruFocus has detected 6 Warning Sign with UVSP. Is UVSP fairly valued? Test your thesis with our free DCF calculator. Q: What is the expected seasonality for deposits in Q1, and are there plans to deploy excess cash? A: Brian Richardson, CFO, explained that they expect $100 to $150 million in public funds to flow out per quarter in Q1 and Q2. Coupled with loan growth, a significant portion of the excess liquidity will be deployed over this period. Q: How should we think about the trajectory of net interest margin (NIM) over the course of the year? A: Brian Richardson, CFO, indicated that compared to Q4, NIM is expected to be relatively in line or slightly up over the full year. While there might be volatility due to excess liquidity, overall expansion is anticipated compared to 2025. Q: What are you seeing in terms of deposit competition and pricing? A: Mike Keim, COO, noted...

Record earnings: Univest reported Q4 net income of $22.7 million ($0.79 per share) and a record full-year EPS of $3.13, with quarterly loan growth of $129.3 million and full-year loans up $88.2 million. Margins and balance-sheet outlook: Reported NIM was 3.10% (core NIM 3.37%), management expects NIM to be “relatively in line to slightly up” in 2026, targets ~2–3% loan growth and ~4–6% net interest income growth, and expects $100–150 million of public-fund outflows per quarter early in 2026 as excess liquidity is deployed. Asset quality, provisioning and buybacks: Non-accruals fell to 0.2% and NPAs to 0.45%, the bank took a $3.1 million Q4 provision and guides 2026 provision to $11–13 million (with expected charge-offs ~12–13 bps), while continuing capital return—1.1 million shares repurchased in 2025 and a new authorization targeting $10–12 million of buybacks per quarter in 2026. Interested in Univest Corporation of Pennsylvania? Here are five stocks we like better. Univest Corporation of Pennsylvania (NASDAQ:UVSP) discussed fourth-quarter 2025 results and provided its outlook for 2026, highlighting record annual earnings per share, improved asset quality metrics, and expectations for modest balance sheet growth and margin expansion in the coming year. President, Chairman and CEO Jeff Schweitzer said the company delivered a “strong” fourth quarter, reporting net income of $22.7 million, or $0.79 per share. Schweitzer noted earnings per share increased 21.5% compared to the fourth quarter of 2024, and he called 2025 a record year with earnings per share of $3.13. → Trump Triggers Buying Opportunity in UnitedHealth Group Loan production remained “solid throughout 2025,” Schweitzer said, though early payoffs and paydowns in the first three quarters weighed on growth. Those pressures eased in the fourth quarter, and total loans grew by $129.3 million during the period. Chief Financial Officer Brian Richardson said reported net interest margin (NIM) was 3.10% in the fourth quarter, down 7 basis points from 3.17% in the third quarter. He attributed the compression to increased excess liquidity tied to a seasonal build in public funds during the third quarter. On a core basis that excludes excess liquidity, Richardson said core NIM rose 4 basis points from the third quarter to 3.37%. → The Last Time Qualcomm’s RSI Did This, the Stock Rallied 70% On balance sheet...

(21.5% increase in earnings per share compared to fourth quarter 2024) SOUDERTON, Pa., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended December 31, 2025 of $22.7 million, or $0.79 diluted earnings per share, compared to net income of $18.9 million, or $0.65 diluted earnings per share, for the quarter ended December 31, 2024. For the year ended December 31, 2025, net income totaled $90.8 million, or $3.13 diluted earnings per share, compared to net income of $75.9 million, or $2.58 diluted earnings per share, for the year ended December 31, 2024. Loans Gross loans and leases increased $129.3 million, or 1.9% (7.6% annualized), from September 30, 2025, primarily due to increases in commercial and commercial real estate loans, partially offset by a decrease in residential mortgage loans. Gross loans and leases increased $88.2 million, or 1.3%, from December 31, 2024, primarily due to increases in construction, commercial real estate and home equity loans, partially offset by decreases in commercial and residential mortgage loans and lease financings. Deposits and Liquidity Total deposits decreased $130.8 million, or 1.8% (7.2% annualized), from September 30, 2025, primarily due to decreases in public funds and commercial deposits, partially offset by increases in consumer and brokered deposits. Total deposits increased $328.1 million, or 4.9%, from December 31, 2024, primarily due to increases in commercial, brokered and public funds deposits, partially offset by a decrease in consumer deposits. Noninterest-bearing deposits totaled $1.4 billion and represented 20.2% of total deposits at December 31, 2025, compared to $1.4 billion representing 19.3% of total deposits at September 30, 2025. Unprotected deposits, which excludes insured, internal, and collateralized deposit accounts, totaled $1.6 billion at December 31, 2025 and September 30, 2025. This represented 23.2% of total deposits at December 31, 2025, compared to 22.0% at September 30, 2025. As of December 31, 2025, the Corporation and its subsidiaries held cash and cash equivalents totaling $553.7 million. The Corporation and its subsidiaries had committed borrowing capacity...