Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 57

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 57
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$— $— $105,706 Interest expense43,883 — — 2,282 46,165 Net interest income (expense)61,808 15 — (2,282)59,541 Noninterest income8,524 7,667 5,270 40 21,501 Total revenue70,332 7,682 5,270 (2,242)81,042 Provision for credit losses5,694 — — — 5,694 Less: (1)Salaries, benefits and commissions18,379 4,502 3,587 5,068 31,536 Net occupancy2,182 128 154 275 2,739 Equipment889 10 27 117 1,043 Data processing2,585 374 144 1,305 4,408 Professional fees600 187 15 795 1,597 Marketing and advertising335 30 10 123 498 Deposit insurance premiums1,074 — — — 1,074 Intangible expense49 — 82 — 131 Other segment items (2)5,717 544 170 875 7,306 Intersegment expense (revenue) (3)6,211 131 117 (6,459)— Income (loss) before income taxes$26,617 $1,776 $964 $(4,341)$25,016 Income tax expense (benefit)5,368 358 213 (901)5,038 Net income (loss)$21,249 $1,418 $751 $(3,440)$19,978 Net capital expenditures$860 $2 $24 $236 $1,122 

42

Three Months EndedJune 30, 2024(Dollars in thousands)BankingWealth ManagementInsuranceOtherConsolidatedInterest income$99,804 $19 $— $9 $99,832 Interest expense46,523 — — 2,282 48,805 Net interest income (expense)53,281 19 — (2,273)51,027 Noninterest income9,014 6,752 5,186 28 20,980 Total revenue62,295 6,771