earnings
confidence high
sentiment positive
materiality 0.65
Univest reports Q1 net income $22.4M ($0.77 EPS), dividend raised 4.8% to $0.22
UNIVEST FINANCIAL Corp
2025-Q1 EPS reported
$0.77
revenue$79,196,000
- Net income $22.4M ($0.77 diluted EPS) vs $20.3M ($0.69) a year ago; NIM expanded to 3.09% from 2.88%.
- Dividend increased 4.8% to $0.22 per share, payable May 21, 2025 to holders of record May 7, 2025.
- Net interest income $56.8M, up 10.3% YoY; loans up $6.5M from Dec 2024, deposits down $100.8M.
- Noninterest income decreased $3.2M vs Q1 2024; prior year included $3.4M gain on sale of MSRs.
- Nonperforming assets $34M vs $40M a year ago; provision $2.3M; allowance at 1.28% of loans.