Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 148

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 148
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,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 5,186 (2,245)72,007 Provision for credit losses707 — — — 707 Less: (1)Salaries, benefits and commissions17,967 4,547 3,369 4,304 30,187 Net occupancy2,253 79 157 190 2,679 Equipment986 11 23 68 1,088 Data processing3,109 376 133 543 4,161 Professional fees837 111 9 509 1,466 Marketing and advertising320 74 5 316 715 Deposit insurance premiums1,098 — — — 1,098 Intangible expense79 — 109 — 188 Other segment items (2)5,138 694 183 1,111 7,126 Intersegment expense (revenue) (3)5,715 52 123 (5,890)— Income (loss) before income taxes$24,086 $827 $1,075 $(3,396)$22,592 Income tax expense (benefit)4,734 298 236 (783)4,485 Net income (loss)$19,352 $529 $839 $(2,613)$18,107 Net capital expenditures$685 $5 $58 $59 $807 Six Months EndedJune 30, 2025(Dollars in thousands)BankingWe