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 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Univest Corp posts solid Q4 earnings amidst growth initiatives

Univest Corporation of PA delivered strong financial performance in Q4 2022, driven by robust loan growth and increased net interest income.
While facing challenges such as rising noninterest expenses and market volatility, the company remains well-positioned for growth and expansion.
Strategic investments in digital initiatives and geographic expansion present opportunities for Univest to capitalize on its strengths and drive future success.

Univest Corp reports stable earnings amidst margin pressure and expense growth

Univest Corporation of PA's Q1 2023 performance reflects resilience in net income despite margin pressures and expense increases.
The company faces challenges in managing funding costs, expense growth, and revised loan growth expectations.
Opportunities lie in optimizing revenue streams, cost management, and leveraging the strong capital position for strategic initiatives.

Univest reports strong earnings growth amidst funding cost challenges

Univest's Q2 performance reflects solid earnings growth but faces challenges from rising funding costs and margin contraction.
The company's strengths lie in its focus on loans and deposits, diversified revenue streams, and cautious approach to M&A.
Challenges include restructuring charges, slowing loan growth, and margin pressure, while opportunities exist in funding optimization and organic growth.
Revised guidance signals a more conservative outlook, emphasizing the need for strategic adjustments in a changing environment.

Univest Financial Corp. reports solid Q3 earnings, eyes strategic growth

Univest Corporation of PA's Q3 2023 performance reflects a balanced approach to managing funding costs and loan pricing. The company is strategically focusing on full relationship customers and maintaining a strong provision for credit losses.

Univest (UVSP) posts strong Q4 earnings, eyes growth opportunities in 2024

Univest Corporation of PA (UVSP) delivered a strong performance in Q4 2023, focusing on deposit mix, loan stabilization, and strategic financial management.
The company's outlook for 2024 is positive, with expectations of loan growth, stable NIM, and noninterest income expansion, supported by prudent financial planning.
While facing challenges from competitive markets and potential rate cuts, Univest remains well-positioned to capitalize on growth opportunities and navigate evolving trends.
Management's transparency, strategic insights, and optimism for 2024 underscore Univest's commitment to sustainable growth and profitability.

Univest Financial Corp reports robust Q1 earnings amidst margin challenges

Univest Corporation of PA (UVSP) posted solid Q1 2024 results with strong net income and stable interest margins.
While facing challenges in loan growth and expense management, the company capitalized on opportunities in noninterest income and shareholder value enhancement.
With a focus on prudent risk management and strategic initiatives, Univest remains poised to navigate evolving market conditions and drive sustainable growth.
Investors can find assurance in Univest's performance resilience and strategic outlook amidst a dynamic financial landscape.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

SOUDERTON, Pa., April 07, 2022 (GLOBE NEWSWIRE) -- Univest Bank and Trust Co., subsidiary of Univest Financial Corporation (NASDAQ: UVSP), announced the appointment of Patrick McCormick as Executive Vice President and Chief Credit Officer. McCormick brings nearly 20 years of credit experience in the financial services industry to his role. He will be responsible for overseeing credit policy and managing credit risk for the bank's loan portfolio. McCormick replaces Duane Brobst who is retiring from the Chief Credit Officer role after more than 30 years with Univest.

Univest Bank and Trust Co. Appoints Patrick McCormick as Chief Credit Officer

Horizon

Peoples Bancorp

When screening the market for stocks that are trading at or below their fair prices, one tool investors can use is the earnings power value.

This Trio of Regional Banks Looks Fairly Priced

Univest Financial Corporation (UVSP) CEO Jeffrey Schweitzer on Q4 2021 Results - Earnings Call Transcript

Univest (UVSP) delivered earnings and revenue surprises of -6.35% and 2.17%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Univest (UVSP) Misses Q4 Earnings and Revenue Estimates

(Loan Growth of 9.4% for last twelve months (excluding PPP loans 1 ))

Univest Financial Corporation Reports Fourth Quarter and 2021 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.

Earnings Preview: Univest (UVSP) Q4 Earnings Expected to Decline

SOUDERTON, Pa., Jan. 07, 2022 (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 and year end 2021 earnings on Thursday, January 27, 2022 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, January 26, 2022.

Univest Financial Corporation to Hold Fourth Quarter and Year End 2021 Earnings Call

SOUDERTON, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Univest Financial Corporation (NASDAQ: UVSP) and its insurance subsidiary, Univest Insurance, LLC, today announced the acquisition of the Paul I. Sheaffer Insurance Agency, a full-service firm providing insurance solutions to businesses and individuals in Central Pennsylvania.

Univest Financial Corporation Expands Insurance Subsidiary Through Acquisition of Paul I. Sheaffer Insurance Agency

Univest Financial Corporation (UVSP) CEO Jeffrey Schweitzer on Q3 2021 Results - Earnings Call Transcript

Univest (UVSP) delivered earnings and revenue surprises of 22.41% and 5.55%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Univest (UVSP) Q3 Earnings and Revenues Beat Estimates

SOUDERTON, Pa., Oct. 07, 2021 (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 2021 earnings on Thursday, October 28, 2021 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, October 27, 2021.

Univest Financial Corporation to Hold Third Quarter 2021 Earnings Call

Univest Financial Corporation (UVSP) CEO Jeffrey Schweitzer on Q2 2021 Results - Earnings Call Transcript

SOUDERTON, Pa., July 08, 2021 (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 2021 earnings on Thursday, July 29, 2021 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, July 28, 2021.

Univest Financial Corporation to Hold Second Quarter 2021 Earnings Call

Atlas Air Worldwide

Piper Sandler Cos

Rocky Brands

Schnitzer Steel Industries

Driehaus strategy is perfect for investors who have the propensity to take high levels of risk. Using this particular strategy, investors can buy momentum stocks.

5 Momentum Picks Screened on Driehaus Strategy

Financial Institutions

Mercantile Bank

Orrstown Financial

Top Ranked Income Stocks to Buy for June 11th

Flushing Financial

Northfield Bancorp

Synovus Financial

Top Ranked Income Stocks to Buy for May 13th

Univest Financial Corporation (UVSP) CEO Jeffrey Schweitzer on Q1 2021 Results - Earnings Call Transcript

Univest (UVSP) delivered earnings and revenue surprises of 85.00% and 4.92%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Univest (UVSP) Q1 Earnings and Revenues Beat Estimates

Univest (UVSP) Earnings Expected to Grow: Should You Buy?

SOUDERTON, Pa., April 08, 2021 (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 2021 earnings on Thursday, April 29, 2021 at 9:00 a.m. Earnings are scheduled to be released after the close of the market on Wednesday, April 28, 2021.

Univest Financial Corporation to Hold First Quarter 2021 Earnings Call

BCB Bancorp

Cadence Bank

Waterstone Financial

Top Ranked Income Stocks to Buy for March 18th

Alexander's

Summit Financial Group

West Bancorp

Top Ranked Income Stocks to Buy for February 23rd

Univest Financial Corporation (UVSP) CEO Jeff Schweitzer on Q4 2020 Results - Earnings Call Transcript

Shares of Univest Finl (NASDAQ:UVSP) were unchanged in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 67.27% over the past year to $0.92, which beat the estimate of $0.52.

Recap: Univest Finl Q4 Earnings

(Loan Growth (excluding PPP loans1) for 2020 of 9.9%)

News for Univest Corporation of PA Stock (UVSP)