secwatch.observer — SEC 8-K summary
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Issuer:     UNIVEST FINANCIAL Corp (UVSP)
CIK:        0000102212
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000102212-24-000046
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102212/000010221224000046/0000102212-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102212/000010221224000046/uvsp-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000102212-24-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer