Company: UVSP
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000102212-25-000028
Chunk: 200

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-10-24
Form: 10-Q
Item: Item 2
Chunk 200
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 noninterest expense 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)20252024AmountPercent20252024AmountPercentSalaries, benefits and commissions$31,652 $30,702 $950 3.1%$94,014 $92,227 $1,787 1.9%Net occupancy2,675 2,723 (48)(1.8)8,267 8,274 (7)(0.1)Equipment1,076 1,107 (31)(2.8)3,241 3,306 (65)(2.0)Data processing4,263 4,154 109 2.6 13,035 12,810 225 1.8 Professional fees1,876 1,579 297 18.8 5,270 4,733 537 11.3 Marketing and advertising323 490 (167)(34.1)1,174 1,621 (447)(27.6)Deposit insurance premiums1,195 1,097 98 8.9 3,420 3,330 90 2.7Intangible expenses106 164 (58)(35.4)367 539 (172)(31.9)Other expense7,503 6,536 967 14.8 21,541 20,494 1,047 5.1 Total noninterest expense$50,669 $48,552 $2,117 4.4%$150,329 $147,334 $2,995 2.0%

Three and nine months ended September 30, 2025 versus 2024 

Noninterest expense for the three months ended September 30, 2025 was $50.7 million, an increase of $2.1 million, or 4.4%, from the three months ended September 30, 2024. Noninterest expense for the nine months ended September 30, 2025 was $150.3 million, an increase of $3.0 million, or 2.0%, from the nine months ended September 30, 2024.

Salaries, benefits and commissions increased $950 thousand, or 3.1%,