Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 151

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 151
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 in thousands)BankingWealth ManagementInsuranceOtherConsolidatedOther segment disclosures:Cash and cash equivalents$74,289 $51,968 $34,108 $— $160,365 Loans and leases, including loans held for sale, net of allowance for credit losses6,731,970 — — — 6,731,970 Goodwill138,476 15,434 21,600 — 175,510 Other segment assets841,531 2,606 2,844 24,230 871,211 Total segment assets$7,786,266 $70,008 $58,552 $24,230 $7,939,056 

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At December 31, 2024(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedOther segment disclosures:Cash and cash equivalents$247,023 $50,149 $31,672 $— $328,844 Loans and leases, including loans held for sale, net of allowance for credit losses6,756,145 — — — 6,756,145 Goodwill138,476 15,434 21,600 — 175,510 Other segment assets839,359 3,485 2,828 22,246 867,918 Total segment assets$7,981,003 $69,068 $56,100 $22,246 $8,128,417 

Note 14. Contingencies

The Corporation is periodically subject to various pending and threatened legal actions, which involve claims for monetary relief. Based upon information presently available to the Corporation, it is the Corporation's opinion that any legal and financial responsibility arising from such claims will not have a material adverse effect on the Corporation's results of operations, financial position or cash flows.

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Item 2.     Management’s Discussion and Analysis of Financial Condition and Results of Operations

(All dollar amounts presented in tables are in thousands, except per share data. “BP” equates to “basis points”; "NM" equates to “not meaningful”; “—” equates to “zero” or “doesn’t round to a reportable number”; and “N/A” equates to “not applicable.” Certain prior period amounts have been reclassified to conform to the current-year presentation.)

Forward-Looking Statements

The information contained