---
schema_version: "secwatch.filing_event.v1"
accession: "0000102212-24-000033"
form_type: "8-K"
ticker: "UVSP"
cik: "0000102212"
company_name: "UNIVEST FINANCIAL Corp"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:15:31.711550+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Univest Q1 net income falls 3.3% YoY to $20.3M; EPS $0.69 vs $0.71

## Summary
- Net income $20.3M ($0.69 diluted EPS) vs $21.0M ($0.71) in Q1 2023.
- Net interest income $51.5M, down 13.2% YoY; NIM 2.88% vs 3.58% a year ago.
- Noninterest income $25.6M, up 30.1% YoY, boosted by $3.4M net gain on sale of mortgage servicing rights.
- Loans grew 0.2% from Dec 2023, 5.4% YoY; deposits up 0.5% and 9.8% respectively.
- Declared $0.21 quarterly dividend; repurchased 315,507 shares at avg $20.25.

## SEC filing metadata
- accession: 0000102212-24-000033
- form_type: 8-K
- ticker: UVSP
- cik: 0000102212
- company_name: UNIVEST FINANCIAL Corp
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102212/000010221224000033/0000102212-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102212/000010221224000033/uvsp-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102212-24-000033
- JSON: https://secwatch.observer/filing/0000102212-24-000033.json
- Plain text: https://secwatch.observer/filing/0000102212-24-000033.txt

## Key facts
- Earnings Releases
  UNIVEST FINANCIAL Corp reported the quarter ended March 31, 2024 results: net income $20.3 million, EPS $0.69 diluted earnings per share.
  - Period: the quarter ended March 31, 2024
  - Net income: $20.3 million
  - EPS: $0.69 diluted earnings per share
  - Result: reported results
  source text: announced net income for the quarter ended March 31, 2024 was $20.3 million, or $0.69 diluted earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/102212/000010221224000033/0000102212-24-000033-index.htm

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