Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 1

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 1
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ed interest payable and other liabilities53,775 64,930 Total liabilities7,022,323 7,241,116 SHAREHOLDERS’ EQUITYCommon stock, $5 par value: 48,000,000 shares authorized at June 30, 2025 and December 31, 2024; 31,556,799 shares issued at June 30, 2025 and December 31, 2024; 28,810,805 and 29,045,877 shares outstanding at June 30, 2025 and December 31, 2024, respectively157,784 157,784 Additional paid-in capital301,640 302,829 Retained earnings555,403 525,780 Accumulated other comprehensive loss, net of tax benefit(34,969)(43,992)Treasury stock, at cost; 2,745,994 and 2,510,922 shares at June 30, 2025 and December 31, 2024, respectively(63,125)(55,100)Total shareholders’ equity916,733 887,301 Total liabilities and shareholders’ equity$7,939,056 $8,128,417 

Note: See accompanying notes to the unaudited condensed consolidated financial statements.

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Table of Contents

     UNIVEST FINANCIAL CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

(Unaudited)

Three Months EndedSix Months Ended June 30,June 30,(Dollars in thousands, except per share data)2025202420252024Interest incomeInterest and fees on loans and leases$99,702 $94,276 $197,048 $186,893 Interest and dividends on investment securities:Taxable3,962 3,741 7,981 7,388 Exempt from federal income taxes— 7 4 19 Interest on deposits with other banks1,371 1,108 2,731 2,717 Interest and dividends on other earning assets671 700 1,358 1,424 Total interest income105,706 99,832 209,122 198,441 Interest expenseInterest on deposits41,755 43,505 83,734 85,478 Interest on short-term borrowings1 242 15 247 Interest on long-term debt and subordinated notes4,