UVSP

Univest Financial Corp

Univest Financial Corp achieved higher net income and diluted EPS, expanded its net interest margin, and saw growth in gross loans and noninterest income, while also increasing its dividend and repurchasing shares.

Univest Financial Corp faced deposit declines, increased nonperforming assets including commercial real estate loans, and higher noninterest expenses driven by salaries and marketing, indicating operational cost and asset quality pressures.