Company: UVSP
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000102212-25-000019
Chunk: 51

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 51
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 occupancy2,288 122 179 264 2,853 Equipment987 10 25 100 1,122 Data processing2,572 353 144 1,295 4,364 Professional fees576 323 14 884 1,797 Marketing and advertising159 28 12 154 353 Deposit insurance premiums1,151 — — — 1,151 Intangible expense47 — 83 — 130 Other segment items (2)5,189 530 216 797 6,732 Intersegment expense (revenue) (3)6,874 128 117 (7,119)— Income (loss) before income taxes$26,084 $1,999 $2,440 $(2,966)$27,557 Income tax expense (benefit)5,077 406 543 (864)5,162 Net income (loss)$21,007 $1,593 $1,897 $(2,102)$22,395 Net capital expenditures$1,490 $7 $6 $362 $1,865 

38

Three Months EndedMarch 31, 2024(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedInterest income$98,582 $18 $— $9 $98,609 Interest expense44,861 — — 2,281 47,142 Net interest income (expense)53,721 18 — (2,272)51,467 Noninterest income10,959 7,353 7,288 (5)25,595 Total revenue64,680 7,371 7,288 (2,277)77,062 Provision for credit losses1,432 — — — 1,432 Less: (1)Salaries, benefits and commissions19,165 4,142 3,452 4,579 31,338 Net occupancy2,489 80 161 142 2,872 Equipment1,020 9 23 59 1,111 Data processing3,471 353 126 545 4,495 Professional fees690 159 23 816 1,688 Marketing and advertising113 32 11 260 416 Deposit insurance