UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp reported a strong second quarter for 2026, with net income increasing by 14.89% to $22.95 million and basic earnings per share rising by 20.29% to $0.83. Net interest income grew by 11.26% to $66.25 million, while the provision for credit losses significantly decreased by 53.08%. The company also increased its cash dividends declared for the first six months of 2026 to $0.45 per share and substantially increased treasury stock purchases.

Univest Financial Corporation released an investor presentation detailing its operating and growth strategies, alongside YTD Q2 2026 financial performance. The company reported $50.0 million in earnings, or $1.79 per share, with a strong Core PTPP-NCO of $67.4 million and a reported ROATE of 13.09%. Key metrics also included 3.6% annualized loan growth and a Net Interest Margin of 3.41%, reflecting solid financial health and strategic execution.

Univest Financial Corporation reported net income of $23.0 million, or $0.82 diluted earnings per share, for the second quarter of 2026. This represents an 18.8% increase in diluted EPS compared to the same period in the prior year. The results included a $5.2 million pre-tax charge for an other real estate owned (OREO) valuation adjustment, partially offset by $708 thousand in bank owned life insurance (BOLI) death benefit proceeds. While loans, deposits, and net interest margin showed growth, nonperforming assets increased significantly to $63.0 million due to a commercial loan being placed on nonaccrual status. The company also declared a quarterly cash dividend of $0.23 per share and repurchased 425,539 shares.

Univest Financial Corporation reported net income of $23.0 million, or $0.82 diluted EPS, for Q2 2026, an increase from $20.0 million, or $0.69 diluted EPS, in Q2 2025. The results included a $5.2 million pre-tax charge for an OREO valuation adjustment and $708 thousand in BOLI death benefit proceeds. The company saw growth in gross loans and leases by 3.5% and total deposits by 5.3% year-over-year, while net interest income and margin also improved. Univest also declared a quarterly cash dividend of $0.23 per share and repurchased 425,539 shares during the quarter.

Univest Financial Corporation announced it will host a conference call to discuss its second quarter 2026 earnings on Thursday, July 23, 2026, at 9:00 a.m. ET. The company's earnings are scheduled to be released after the close of the market on Wednesday, July 22, 2026. Participants can pre-register for the call or dial in using the provided details.

UNIVEST FINANCIAL Corp reported a strong first quarter for 2026, with net income increasing by 21% to $27.1 million and diluted EPS rising by 25% to $0.96. This improvement was driven by a significant increase in net interest income and a decrease in the provision for credit losses. The company also declared a higher cash dividend of $0.22 per share. While total assets and deposits saw a slight decrease from year-end 2025, and nonperforming loans increased, the core profitability metrics were robust.

Univest Financial Corporation announced net income of $27.1 million for the first quarter ended March 31, 2026. This translates to diluted earnings per share of $0.96, marking a significant 24.7% increase compared to the first quarter of 2025. Additionally, the company reported a 4.5% increase in its dividend.

Univest Financial Corporation reported a significant increase in net income and diluted earnings per share for the first quarter of 2026. Net income rose to $27.1 million, with diluted EPS increasing by 24.7% to $0.96. The company also declared a 4.5% increase in its quarterly cash dividend to $0.23 per share. While total deposits saw a seasonal decrease from the prior quarter, gross loans and leases experienced modest growth, and net interest income improved by 11.6% year-over-year.