---
schema_version: "secwatch.filing_event.v1"
accession: "0000102212-23-000032"
form_type: "8-K"
ticker: "UVSP"
cik: "0000102212"
company_name: "UNIVEST FINANCIAL Corp"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T07:43:59.937138+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Univest Q1 net income $21.0M ($0.71 EPS), up from $20.3M ($0.68) YoY

## Summary
- Net income $21.0M ($0.71 diluted EPS) vs $20.3M ($0.68) in Q1 2022.
- Gross loans +$116.6M (1.9%) from Dec 2022; total deposits -$78.9M (1.3%).
- Net interest margin (tax-equiv) 3.58%, up from 2.89% YoY, down from 3.76% Q4 2022.
- Noninterest expense $49.5M (+9.1% YoY); provision for credit losses $3.4M vs reversal of $3.5M.
- Declared $0.21 quarterly dividend, payable May 24, 2023, record May 10.

## SEC filing metadata
- accession: 0000102212-23-000032
- form_type: 8-K
- ticker: UVSP
- cik: 0000102212
- company_name: UNIVEST FINANCIAL Corp
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102212/000010221223000032/0000102212-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102212/000010221223000032/uvsp-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102212-23-000032
- JSON: https://secwatch.observer/filing/0000102212-23-000032.json
- Plain text: https://secwatch.observer/filing/0000102212-23-000032.txt

## Key facts
- Earnings Releases
  UNIVEST FINANCIAL Corp reported the quarter ended March 31, 2023 results: net income $21.0 million, EPS $0.71 diluted earnings per share.
  - Period: the quarter ended March 31, 2023
  - Net income: $21.0 million
  - EPS: $0.71 diluted earnings per share
  - Result: reported results
  source text: Univest Financial Corporation (“Univest” or the "Corporation") ( NASDAQ: UVSP ), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended March 31, 2023 was $21.0 million, or $0.71 diluted earnings per share, compared to net income of $20.3 million, or $0.68 diluted earnings per share, for the quarter ended March 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221223000032/0000102212-23-000032-index.htm

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