Univest Corporation of PA

Univest Financial Corp. is a bank holding company, which engages in the provision of commercial and consumer banking business and trust services. It operates through the following segments: Banking, Wealth Management, and Insurance. The Banking segment consists of commercial and consumer banking. The Wealth Management segment includes investment advisory services, retirement plan services, trust, municipal pension services, and broker or dealer services. The Insurance segment includes commercial lines, personal lines, benefits and human resources consulting. The company was founded in 1973 and is headquartered in Souderton, PA.

Earnings data Q1 2024

Univest Financial Corporation reports mixed Q1 2023 performance and outlook

Univest Financial Corporation's Q1 2023 performance reflects a mixed picture with declining net interest margin and reduced loan growth expectations. However, the company maintains guidance for noninterest income and expenses, providing some stability. Managing expenses and exploring income growth avenues will be crucial for the company's future.

Univest Financial Corporation reports strong Q2 earnings and focuses on organic growth

Univest Financial Corporation reported strong earnings growth in Q2 2023, driven by increased loan production and noninterest income. However, the company faces challenges with funding costs and anticipates a slowdown in lending. Despite this, Univest Financial Corporation is focused on organic growth and expansion into new markets, presenting opportunities for future growth.

Univest Financial Corp reports Q3 net income of $17M

Univest Financial Corporation's Q3 2023 performance reflected strong loan and deposit growth, but challenges with rising funding costs and net interest margin pressure. The company is focused on reducing provision for credit loss and pursuing noninterest income growth, while also addressing potential rate cuts' impact on the balance sheet and NIM.

Univest reports $16.3M net income in Q4 2023 earnings call

Univest's Q4 2023 performance reflected a mix of positives and challenges. While they anticipate loan growth and stable noninterest income for 2024, they face pressures from decreased noninterest income and increased expenses.

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Univest Financial Corp. is a holding company, which engages in the provision of financial solutions for individuals, businesses, municipalities, and non-profit organizations. It operates through the following segments: Banking, Wealth Management, and Insurance. The Banking segment includes banking services such as deposit taking, loan origination and servicing, mortgage banking, and equipment lease financing. The Wealth Management segment offers investment advisory, financial planning, trust, and brokerage services. The Insurance segment is involved in insurance brokerage agency offering commercial property and casualty insurance, employee benefit solutions, personal insurance lines, and human resources consulting. The company was founded in 1973 and is headquartered in Souderton, PA.

Univest (UVSP) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.71 per share a year ago.

Univest (UVSP) Tops Q1 Earnings and Revenue Estimates

SOUDERTON, Pa., April 24, 2024 (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, 2024 was $20.3 million, or $0.69 diluted earnings per share, compared to net income of $21.0 million, or $0.71 diluted earnings per share, for the quarter ended March 31, 2023.

Univest Financial Corporation Reports First Quarter Results

SOUDERTON, Pa., April 05, 2024 (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 2024 earnings on Thursday, April 25, 2024 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, April 24, 2024.

Univest Financial Corporation to Hold First Quarter 2024 Earnings Call

Univest Financial Corporation (UVSP) Q4 2023 Earnings Call Transcript

SOUDERTON, Pa., Jan. 24, 2024 (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, 2023 was $16.3 million, or $0.55 diluted earnings per share, compared to net income of $23.8 million, or $0.81 diluted earnings per share, for the quarter ended December 31, 2022.

Univest Financial Corporation Reports Fourth Quarter and 2023 Results

SOUDERTON, Pa., Jan. 08, 2024 (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 fourth quarter 2023 earnings on Thursday, January 25, 2024 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, January 24, 2024.

Univest Financial Corporation to Hold Fourth Quarter 2023 Earnings Call

Univest Financial Corporation (NASDAQ:UVSP ) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Jeffrey Schweitzer - President and Chief Executive Officer Mike Keim - President and Chief Operating Officer, Univest Bank and Trust Brian Richardson - Chief Financial Officer Conference Call Participants Tim Switzer - KBW Frank Schiraldi - Piper Sandler Jeffrey Schweitzer 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.

Univest Financial Corporation (UVSP) Q3 2023 Earnings Call Transcript

Univest (UVSP) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.71 per share a year ago.

Univest (UVSP) Beats Q3 Earnings Estimates

SOUDERTON, Pa., Oct. 25, 2023 (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 September 30, 2023 was $17.0 million, or $0.58 diluted earnings per share, compared to net income of $20.8 million, or $0.71 diluted earnings per share, for the quarter ended September 30, 2022.

Univest Financial Corporation Reports Third Quarter Results

SOUDERTON, Pa., Oct. 09, 2023 (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 third quarter 2023 earnings on Thursday, October 26, 2023 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, October 25, 2023.

Univest Financial Corporation to Hold Third Quarter 2023 Earnings Call

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Should Value Investors Buy Univest Corporation of Pennsylvania (UVSP) Stock?

Univest Financial Corporation (NASDAQ:UVSP ) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET Corporate Participants Jeff Schweitzer - President and Chief Executive Officer Mike Keim - Chief Operating Officer and President, Univest Bank & Trust Brian Richardson - Chief Financial Officer Conference Call Participants Frank Schiraldi - Piper Sandler Michael Perito - KBW Operator Ladies and gentlemen, thank you for standing by, and welcome to the Univest Financial Corporation Second Quarter 2023 Earnings Call. I would now like to turn the call over to Jeff Schweitzer, President and CEO of Univest Financial Corporation.

Univest Financial Corporation (UVSP) Q2 2023 Earnings Call Transcript

Univest (UVSP) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.45 per share a year ago.

Univest (UVSP) Q2 Earnings Top Estimates

SOUDERTON, Pa., July 26, 2023 (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 June 30, 2023 was $16.8 million, or $0.57 diluted earnings per share, compared to net income of $13.2 million, or $0.45 diluted earnings per share, for the quarter ended June 30, 2022.

Univest Financial Corporation Reports Second Quarter Results

Univest (UVSP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Univest (UVSP) Reports Next Week: Wall Street Expects Earnings Growth

SOUDERTON, Pa., July 10, 2023 (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 second quarter 2023 earnings on Thursday, July 27, 2023 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, July 26, 2023.

Univest Financial Corporation to Hold Second Quarter 2023 Earnings Call

Univest Financial Corporation (NASDAQ:UVSP ) Q1 2023 Earnings Conference Call April 29, 2023 9:00 AM ET Company Participants Jeff Schweitzer - President & CEO Mike Keim - COO & President, Univest Bank & Trust Brian Richardson - CFO Conference Call Participants Frank Schiraldi - ABC Matthew Breese - Stephens Jeff Schweitzer Good morning, and thank you to all of our listeners for joining us today. 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.

Univest Financial Corporation (UVSP) Q1 2023 Earnings Call Transcript

Univest (UVSP) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.68 per share a year ago.

Univest (UVSP) Q1 Earnings and Revenues Miss Estimates

SOUDERTON, Pa., April 07, 2023 (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 2023 earnings on Thursday, April 27, 2023 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, April 26, 2023.

Univest Financial Corporation to Hold First Quarter 2023 Earnings Call

Univest Financial Corporation (NASDAQ:UVSP ) Q4 2022 Earnings Conference Call January 26, 2023 9:00 AM ET Company Participants Jeff Schweitzer - President and CEO Mike Keim - COO and President, Univest Bank & Trust Brian Richardson - CFO Conference Call Participants Tim Switzer - KBW Operator Hello, everybody, and welcome to Univest Financial Corporation to hold Fourth Quarter 2022 Earnings Call. [Operator Instructions] I would now like to turn the conference over to Jeff Schweitzer, President and CEO.

Univest Financial Corporation (UVSP) Q4 2022 Earnings Call Transcript

Univest (UVSP) delivered earnings and revenue surprises of 6.58% and 6.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Univest (UVSP) Tops Q4 Earnings and Revenue Estimates

(2022 Loan Growth of 16.0% (excluding PPP 1 loans))

Univest Financial Corporation Reports Fourth Quarter and 2022 Results

SOUDERTON, Pa., Jan. 09, 2023 (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 fourth quarter 2022 earnings on Thursday, January 26, 2023 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, January 25, 2023.

Univest Financial Corporation to Hold Fourth Quarter 2022 Earnings Call

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After Golden Cross, Univest (UVSP)'s Technical Outlook is Bright

SOUDERTON, Pa., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest”) (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, announced that it has priced an underwritten public offering of $50.0 million aggregate principal amount of its 7.25% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”).

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