Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 60

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 1
Chunk 60
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)7,226 52 123 (7,401)— Income (loss) before income taxes$21,645 $2,333 $1,106 $(1,696)$23,388 Income tax expense (benefit)4,591 398 259 (438)4,810 Net income (loss)$17,054 $1,935 $847 $(1,258)$18,578 Net capital expenditures$544 $— $6 $60 $610 Nine Months EndedSeptember 30, 2025(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedInterest income$318,723 $47 $— $— $318,770 Interest expense134,002 — — 7,122 141,124 Net interest income (expense)184,721 47 — (7,122)177,646 Noninterest income24,620 23,460 17,652 107 65,839 Total revenue209,341 23,507 17,652 (7,015)243,485 Provision for credit losses8,522 — — — 8,522 Less: (1)Salaries, benefits and commissions55,657 13,293 10,966 14,098 94,014 Net occupancy6,591 373 496 807 8,267 Equipment2,800 29 73 339 3,241 Data processing7,651 1,103 432 3,849 13,035 Professional fees1,809 755 39 2,667 5,270 Marketing and advertising667 86 22 399 1,174 Deposit insurance premiums3,420 — — — 3,420 Intangible expense119 — 248 — 367 Other segment items (2)16,894 1,589 536 2,522 21,541 Intersegment expense (revenue) (3)20,014 388 358 (20,760)— Income (loss) before income taxes$85,197 $5,891 $4,482 $(10,936)$84,634 Income tax expense (benefit)16,932 1,192 993 (2,495)16,622