Company: UVSP
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000102212-25-000006
Chunk: 97

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 97
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 and other postretirement benefit plans(243)(250)(252)(Increase) decrease in other assets(6,198)(4,526)7,561 Increase (decrease) in other liabilities8,999 2,975 (4,256)Net cash provided by operating activities53,785 12,002 25,224 Cash flow from investing activities:Investments in subsidiaries— — (10,000)Proceeds from sales of securities409 — 1 Other, net(199)(478)(272)Net cash provided by (used in) investing activities210 (478)(10,271)Cash flows from financing activities:Proceeds from issuance of subordinated notes— — 49,051 Payment for shares withheld to cover taxes on vesting of restricted stock units(873)(1,232)(903)Purchases of treasury stock(18,882)(462)(11,381)Stock issued under dividend reinvestment and employee stock purchase plans2,384 2,565 2,541 Proceeds from exercise of stock options3,195 115 698 Cash dividends paid(24,842)(25,050)(24,607)Net cash (used in) provided by financing activities(39,018)(24,064)15,399 Net increase (decrease) in cash and due from financial institutions14,977 (12,540)30,352 Cash and cash equivalents at beginning of year117,666 130,206 99,854 Cash and cash equivalents at end of period$132,643 $117,666 $130,206 Supplemental disclosures of cash flow information:Cash paid during the year for:Interest$8,625 $8,625 $5,000 Income tax, net of refunds received18,012 15,266 10,989