Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 59

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 59
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165 Data processing5,157 727 288 2,600 8,772 Professional fees1,176 510 29 1,679 3,394 Marketing and advertising494 58 22 277 851 Deposit insurance premiums2,225 — — — 2,225 Intangible expense96 — 165 — 261 Other segment items (2)10,906 1,074 386 1,672 14,038 Intersegment expense (revenue) (3)13,085 259 234 (13,578)— Income (loss) before income taxes$52,701 $3,775 $3,404 $(7,307)$52,573 Income tax expense (benefit)10,444 764 756 (1,764)10,200 Net income (loss)$42,257 $3,011 $2,648 $(5,543)$42,373 Net capital expenditures$2,350 $9 $30 $598 $2,987 

43

Six Months EndedJune 30, 2024(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedInterest income$198,386 $37 $— $18 $198,441 Interest expense91,384 — — 4,563 95,947 Net interest income (expense)107,002 37 — (4,545)102,494 Noninterest income19,973 14,105 12,474 23 46,575 Total revenue126,975 14,142 12,474 (4,522)149,069 Provision for credit losses2,139 — — — 2,139 Less: (1)Salaries, benefits and commissions37,132 8,689 6,821 8,883 61,525 Net occupancy4,742 159 318 332 5,551 Equipment2,006 20 46 127 2,199 Data processing6,580 729 259 1,088 8,656 Professional fees1,527 270 32 1,325 3,154 Marketing and advertising433 106 16 576 1,131 Deposit insurance premiums2,233 — —