---
schema_version: "secwatch.filing_event.v1"
accession: "0000102212-21-000027"
form_type: "8-K"
ticker: "UVSP"
cik: "0000102212"
company_name: "UNIVEST FINANCIAL Corp"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:41:00.162944+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Univest Q2 net income $20.9M ($0.71 EPS) vs $2.1M a year ago; loan growth ex-PPP 14% YoY

## Summary
- Net income of $20.9M ($0.71 diluted EPS) for Q2 2021, up from $2.1M ($0.07) in Q2 2020, aided by $4.8M PPP loan income and $893K BOLI death benefit.
- Reversal of provision for credit losses of $59K vs $23.7M provision in Q2 2020 due to favorable CECL assumption changes.
- Gross loans and leases excluding PPP grew 14.0% YoY (15.4% annualized QoQ); total deposits up 9.2% YoY.
- Declared quarterly cash dividend of $0.20 per share, payable Aug 25 to holders of record Aug 11.
- Director K. Leon Moyer retires Aug 1; Joseph P. Beebe appointed Class III director effective same date.

## SEC filing metadata
- accession: 0000102212-21-000027
- form_type: 8-K
- ticker: UVSP
- cik: 0000102212
- company_name: UNIVEST FINANCIAL Corp
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102212/000010221221000027/0000102212-21-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102212/000010221221000027/uvsp-20210728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102212-21-000027
- JSON: https://secwatch.observer/filing/0000102212-21-000027.json
- Plain text: https://secwatch.observer/filing/0000102212-21-000027.txt

## Key facts
- Executive change
  K. Leon Moyer retired as Director at UNIVEST FINANCIAL Corp.
  - Action: retired
  - Role: Director
  source text: On August 1, 2021, K. Leon Moyer will retire from the Board of Directors of the Corporation and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221221000027/0000102212-21-000027-index.htm
- Executive change
  Joseph P. Beebe was appointed as Class III Director at UNIVEST FINANCIAL Corp.
  - Action: appointed
  - Role: Class III Director
  source text: On July 28, 2021, the Board of Directors of the Corporation appointed Joseph P. Beebe, who is presently serving as an Alternate Director of the Corporation, as a Class III director, effective August 1, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221221000027/0000102212-21-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.