---
schema_version: "secwatch.filing_event.v1"
accession: "0000102212-22-000002"
form_type: "8-K"
ticker: "UVSP"
cik: "0000102212"
company_name: "UNIVEST FINANCIAL Corp"
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T14:36:47.368538+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Univest reports 2021 net income $91.8M ($3.11) vs $46.9M; loan growth 9.4% ex-PPP; names COO

## Summary
- Net income for 2021: $91.8M ($3.11 diluted EPS) vs $46.9M ($1.60) in 2020.
- Q4 2021 net income $17.4M ($0.59) vs $25.9M ($0.88) in Q4 2020.
- Pre-tax pre-provision income for 2021 was $104.2M, up 6.7% from prior year.
- Loan growth (excl PPP) of 9.4% for last twelve months; acquired Paul I. Sheaffer Insurance Agency on Dec 1, 2021.
- Appointed Michael S. Keim as COO; Chief Credit Officer Duane J. Brobst retiring effective April 15, 2022.

## SEC filing metadata
- accession: 0000102212-22-000002
- form_type: 8-K
- ticker: UVSP
- cik: 0000102212
- company_name: UNIVEST FINANCIAL Corp
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102212/000010221222000002/0000102212-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102212/000010221222000002/uvsp-20220124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102212-22-000002
- JSON: https://secwatch.observer/filing/0000102212-22-000002.json
- Plain text: https://secwatch.observer/filing/0000102212-22-000002.txt

## Key facts
- Executive change
  Duane J. Brobst retired as Senior Executive Vice President and Chief Credit Officer at UNIVEST FINANCIAL Corp.
  - Action: retired
  - Role: Senior Executive Vice President and Chief Credit Officer
  source text: On January 24, 2022, Duane J. Brobst, Senior Executive Vice President and Chief Credit Officer of the Corporation and the Bank announced his retirement, effective April 15, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221222000002/0000102212-22-000002-index.htm
- Executive change
  Michael S. Keim was appointed as Chief Operating Officer at UNIVEST FINANCIAL Corp.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On January 26, 2022, the Board of Directors of the Corporation appointed Michael S. Keim as Chief Operating Officer of the Corporation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221222000002/0000102212-22-000002-index.htm

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