Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 149

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 149
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alth ManagementInsuranceOtherConsolidatedInterest income$209,091 $31 $— $— $209,122 Interest expense88,237 — — 4,563 92,800 Net interest income (expense)120,854 31 — (4,563)116,322 Noninterest income16,165 15,500 12,176 75 43,916 Total revenue137,019 15,531 12,176 (4,488)160,238 Provision for credit losses8,005 — — — 8,005 Less: (1)Salaries, benefits and commissions36,828 8,858 7,263 9,413 62,362 Net occupancy4,470 250 333 539 5,592 Equipment1,876 20 52 217 2,165 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