Company: UVSP
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001628280-25-036392
Chunk: 7

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 7
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 to cover taxes108,328 — (3,656)— — 2,074 (1,582)Exercise of stock options13,000 — 34 — — 289 323 Purchases of treasury stock(394,517)— — — — (11,440)(11,440)Balance at June 30, 202528,810,805 $157,784 $301,640 $555,403 $(34,969)$(63,125)$916,733 

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(Dollars in thousands, except per share data)CommonSharesOutstandingCommonStockAdditionalPaid-inCapitalRetainedEarningsAccumulatedOtherComprehensive(Loss) IncomeTreasuryStockTotalSix Months Ended June 30, 2024Balance at December 31, 202329,511,721 $157,784 $301,066 $474,691 $(50,646)$(43,687)$839,208 Net income — — — 38,412 — — 38,412 Other comprehensive loss, net of income tax benefit— — — — (3,478)— (3,478)Cash dividends declared ($0.42 per share)— — — (12,332)— — (12,332)Stock-based compensation— — 2,348 (289)— — 2,059 Stock issued under dividend reinvestment and employee stock purchase plans59,227 — 12 — — 1,256 1,268 Vesting of restricted stock units, net of shares withheld to cover taxes107,377 — (3,212)— — 2,355 (857)Exercise of stock options19,788 — (48)— — 421 373 Purchases of treasury stock(507,473)— — — — (10,516)(10,516)Balance at June 30, 202429,190,640 $157,784 $300,166 $500,482 $(54,124)$(50,171)$854,137 

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

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UNIVEST FINANCIAL CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)  Six Months Ended