Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 2

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 1
Chunk 2
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705 5,063 13,756 15,285 Total interest expense48,324 53,234 141,124 149,181 Net interest income61,324 53,204 177,646 155,698 Provision for credit losses517 1,414 8,522 3,553 Net interest income after provision for credit losses60,807 51,790 169,124 152,145 Noninterest incomeTrust fee income2,230 2,110 6,537 6,226 Service charges on deposit accounts2,302 2,037 6,754 5,890 Investment advisory commission and fee income5,671 5,319 16,744 15,751 Insurance commission and fee income5,468 5,238 17,618 17,606 Other service fee income2,416 1,815 8,270 11,274 Bank owned life insurance income1,908 921 4,879 2,849 Net gain on sales of investment securities— 18 — 18 Net gain on mortgage banking activities848 1,296 2,476 3,945 Other income1,080 1,396 2,561 3,166 Total noninterest income21,923 20,150 65,839 66,725 Noninterest expenseSalaries, benefits and commissions31,652 30,702 94,014 92,227 Net occupancy2,675 2,723 8,267 8,274 Equipment1,076 1,107 3,241 3,306 Data processing4,263 4,154 13,035 12,810 Professional fees1,876 1,579 5,270 4,733 Marketing and advertising323 490 1,174 1,621 Deposit insurance premiums1,195 1,097 3,420 3,330 Intangible expenses106 164 367 539 Other expense7,503 6,536 21,541 20,494 Total noninterest expense50,669 48,552 150,329 147,334 Income before income taxes32,061 23,388 84,634 71,536 Income tax expense6,422 4,810 16,622 14,546