earnings
confidence high
sentiment positive
materiality 0.75
Univest Q2 net income $23.0M ($0.82 EPS), up 18.8% YoY; NIM expands to 3.49%
UNIVEST FINANCIAL Corp
- Net income $23.0M ($0.82 diluted EPS) vs $20.0M ($0.69) in Q2 2025, an 18.8% EPS increase.
- Net interest margin (tax-equivalent) 3.49%, up from 3.33% in Q1 2026 and 3.20% in Q2 2025.
- Loans grew 1.5% from March 31, 2026 (6.0% annualized); deposits up 1.8% (7.2% annualized).
- Nonperforming assets rose to $63.0M from $41.2M at March 31, 2026, driven by a $28.6M commercial loan placed on nonaccrual.
- Declared $0.23 quarterly dividend, payable Aug 19; repurchased 425,539 shares at avg $38.71 in Q2.