Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 166

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 8
Chunk 166
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Noninterest Income

The following table presents noninterest income for the three and nine months ended September 30, 2025 and 2024:

Three Months EndedNine Months Ended September 30,ChangeSeptember 30,Change(Dollars in thousands)20252024AmountPercent20252024AmountPercentTrust fee income$2,230 $2,110 $120 5.7%$6,537 $6,226 $311 5.0%Service charges on deposit accounts2,302 2,037 265 13.0 6,754 5,890 864 14.7 Investment advisory commission and fee income5,671 5,319 352 6.6 16,744 15,751 993 6.3 Insurance commission and fee income5,468 5,238 230 4.4 17,618 17,606 12 0.1 Other service fee income2,416 1,815 601 33.1 8,270 11,274 (3,004)(26.6)Bank owned life insurance income1,908 921 987 107.2 4,879 2,849 2,030 71.3 Net gain on sales of investment securities— 18 (18)N/M— 18 (18)N/MNet gain on mortgage banking activities848 1,296 (448)(34.6)2,476 3,945 (1,469)(37.2)Other income1,080 1,396 (316)(22.6)2,561 3,166 (605)(19.1)Total noninterest income$21,923 $20,150 $1,773 8.8%$65,839 $66,725 $(886)(1.3%)

Three and nine months ended September 30, 2025 versus 2024 

Noninterest income for the three months ended September 30, 2025 was $21.9 million, an increase of $1.8 million, or 8.8%, from the three months ended September 30, 2024. Noninterest income for the nine months ended September 30, 2025 was $65.8 million, a decrease of $