secwatch.observer — SEC 8-K summary
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Issuer:     UNIVEST FINANCIAL Corp (UVSP)
CIK:        0000102212
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0000102212-25-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Univest reports Q1 net income $22.4M ($0.77 EPS), dividend raised 4.8% to $0.22
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102212/000010221225000014/0000102212-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102212/000010221225000014/uvsp-20250423.htm
  HTML page:      https://secwatch.observer/filing/0000102212-25-000014

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