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Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking services in the United States. It operates through three segments: Banking; Wealth Management; and Insurance. The Banking segment offers financial services to individuals, businesses, municipalities, and non-profit organizations, including deposit taking, loan origination and servicing, mortgage banking, other general banking services, and equipment lease financing. The Wealth Management segment provides investment advisory, financial planning and trust, and brokerage services for private families and individuals, municipal pension plans, retirement plans, trusts, and guardianships. The Insurance segment offers full-service insurance brokerage agency comprising commercial property and casualty insurance, employee benefit solutions, personal insurance lines, and human resources consulting services. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $328M | - | $91M | $97M | 9.6% | 9.6% | 19.5% |
| 2024 | $299M | - | $76M | $72M | 8.6% | 0.8% | 6.8% |
| 2023 | $297M | - | $71M | $83M | 8.5% | 0.2% | -9.0% |
| 2022 | $296M | - | $78M | $104M | 10.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 296.18 | 296.82 | 299.23 | 328.06 |
| Pretax Income | 97.21 | 88.69 | 95.30 | 113.35 |
| Tax Provision | 19.09 | 17.59 | 19.37 | 22.59 |
| Net Income | 78.12 | 71.10 | 75.93 | 90.76 |
| Net Income Common Stockholders | 78.12 | 71.10 | 75.93 | 90.76 |
| Interest Expense | 33.90 | 151.73 | 201.19 | 190.29 |
| Interest Income | 252.19 | 371.73 | 412.36 | 430.49 |
| Selling General And Administration | 121.34 | 127.19 | 130.35 | 133.20 |
| Normalized Income | 78.27 | 72.32 | 75.93 | 90.76 |
| Basic EPS | 2.66 | 2.42 | 2.60 | 3.16 |
| Diluted EPS | 2.64 | 2.41 | 2.58 | 3.13 |
| Tax Effect Of Unusual Items | -0.04 | -0.30 | 0 | 0 |
| Tax Rate For Calcs | 0.20 | 0.20 | 0.20 | 0.20 |
| Total Unusual Items | -0.18 | -1.52 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | -0.18 | -1.52 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 78.12 | 71.10 | 75.93 | 90.76 |
| Reconciled Depreciation | 3.77 | 4.65 | 7.47 | 6.02 |
| Net Interest Income | 218.30 | 220 | 211.17 | 240.19 |
| Net Income From Continuing And Discontinued Operation | 78.12 | 71.10 | 75.93 | 90.76 |
| Diluted Average Shares | 29.59 | 29.50 | 29.43 | 28.98 |
| Basic Average Shares | 29.39 | 29.43 | 29.22 | 28.73 |
| Diluted NI Availto Com Stockholders | 78.12 | 71.10 | 75.93 | 90.76 |
| Otherunder Preferred Stock Dividend | 0 | 0 | 0 | 0 |
| Net Income Including Noncontrolling Interests | 78.12 | 71.10 | 75.93 | 90.76 |
| Net Income Continuous Operations | 78.12 | 71.10 | 75.93 | 90.76 |
| Special Income Charges | -0.18 | -1.52 | 0 | 0 |
| Restructuring And Mergern Acquisition | 0.18 | 1.52 | 0 | 0 |
| Gain On Sale Of Security | 0.03 | 0 | 0.02 | 0 |
| Selling And Marketing Expense | 2.46 | 2.18 | 2.17 | 1.65 |
| General And Administrative Expense | 118.88 | 125.01 | 128.18 | 131.55 |
| Other Gand A | 0 | 0 | 0 | 0 |
| Insurance And Claims | 3.08 | 4.83 | 4.43 | 4.53 |
| Salaries And Wages | 115.81 | 120.19 | 123.75 | 127.02 |
| Operating Revenue | 296.18 | 296.82 | 299.23 | 328.06 |
| Occupancy And Equipment | 14.10 | 14.82 | 15.48 | 15.44 |
| Professional Expense And Contract Services Expense | 9.33 | 7.14 | 6.40 | 7.22 |
| Other Non Interest Expense | 41.82 | 46.69 | 45.76 | 47.18 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Univest Financial Corporationthis co. | UVSP | $1.0B | 11.34↓ discount | 1.12 | 9.6% | - |
| Universal Insurance Holdings, Inc. | UVE | $1.1B | 5.80 | 1.99 | 33.2% | 2.18 |
| OceanFirst Financial Corp. | OCFC | $1.1B | 16.00 | 0.65 | 4.3% | - |
| Old Second Bancorp, Inc. | OSBC | $1.1B | 12.28 | 1.20 | 9.0% | - |
| Burford Capital Limited | BUR |
| $1.1B |
| 17.32 |
| 0.43 |
| 2.0% |
| - |
| Northeast Bank | NBN | $1.1B | 11.96 | 1.87 | 16.9% | - |
| Strive Asset Management, LLC | ASST | $1.0B | - | 1.11 | -92.5% | -4.30 |
| HBT Financial, Inc. | HBT | $1.0B | 12.83 | 1.43 | 12.5% | - |
| Capitol Federal Financial, Inc. | CFFN | $997M | 14.39 | 0.93 | 6.5% | - |
| Peer Median | - | 12.83 | 1.15 | 7.7% | -1.06 | |