Univest Q2 net income $18.1M ($0.62 EPS) vs $16.8M ($0.57) YoY; appoints two directors

UNIVEST FINANCIAL Corp

2024-Q2 EPS reported $1.30 revenue$149,069,000

Net income $18.1M, diluted EPS $0.62; adjusted EPS $0.61 unchanged YoY.
Loans +$105.8M (1.6%) from Q1; deposits +$90.0M (1.4%).
Net interest margin (tax-equiv) 2.84% vs 3.14% YoY.
Appointed Domenick Cama as Alternate Director (Class I eff. Oct 1) and Anne Vazquez as Class III director.
Declared $0.21 dividend, repurchased 190,808 shares at avg $20.93.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Domenick A. Cama

Alternate Director

UVSP · UNIVEST FINANCIAL Corp

Effective: 2024-08-01
Filed: July 25, 2024, 7:59 PM ET

On July 24, 2024, the Board of Directors of the Corporation appointed Domenick A. Cama to serve as an Alternate Director of the Corporation, effective August 1, 2024,

Role change

Anne Vazquez

Class III Director

UVSP · UNIVEST FINANCIAL Corp

Effective: 2024-10-01
Filed: July 25, 2024, 7:59 PM ET

On July 24, 2024, the Board of Directors of the Corporation appointed Anne Vazquez, who is presently serving as an Alternate Director of the Corporation, as a Class III director, effective October 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Domenick A. Cama was appointed as Alternate Director at UNIVEST FINANCIAL Corp.

Action: appointed
Role: Alternate Director

Exact text from the filing

On July 24, 2024, the Board of Directors of the Corporation appointed Domenick A. Cama to serve as an Alternate Director of the Corporation, effective August 1, 2024,

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Anne Vazquez was appointed as Class III Director at UNIVEST FINANCIAL Corp.

Action: appointed
Role: Class III Director

Exact text from the filing

On July 24, 2024, the Board of Directors of the Corporation appointed Anne Vazquez, who is presently serving as an Alternate Director of the Corporation, as a Class III director, effective October 1, 2024.

View on SEC.gov

UNIVEST FINANCIAL Corp filing history →

Source: SEC EDGAR

accession 0000102212-24-000046

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