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Univest Financial Corp - UVSP STOCK NEWS

Welcome to our dedicated news page for Univest Financial (Ticker: UVSP), a resource for investors and traders seeking the latest updates and insights on Univest Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Univest Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Univest Financial's position in the market.

Rhea-AI Summary
Univest Financial Corporation announced a decrease in net income for the quarter ended December 31, 2023, compared to the same period in 2022. Gross loans and leases decreased, while deposits increased. Net interest income and margin decreased, noninterest income and expense increased, and the effective income tax rate also increased. Asset quality and provision for credit losses were reported, and a quarterly cash dividend was declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
earnings
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Rhea-AI Summary
Univest Financial Corporation (UVSP) announced it will host a conference call to discuss its fourth quarter 2023 earnings on January 25, 2024. Earnings are scheduled to be released after the close of the market on January 24, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
earnings
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Rhea-AI Summary
Univest Financial Corporation reported net income of $17.0 million for Q3 2023, compared to $20.8 million in Q3 2022. Gross loans and leases increased by $112.7 million. Total deposits increased by $451.8 million. Net interest income decreased by 1.4%. Noninterest income increased by 4.1%. Noninterest expense increased by 5.0%. Nonperforming assets were $40.1 million. Univest declared a quarterly cash dividend of $0.21 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
earnings
Rhea-AI Summary
Univest Financial Corporation to host conference call for Q3 2023 earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.53%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.58%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
earnings
Univest Financial Corp

Nasdaq:UVSP

UVSP Rankings

UVSP Stock Data

609.47M
28.53M
1.77%
76.62%
0.76%
Commercial Banking
Finance and Insurance
Link
US
Souderton

About UVSP

univest corporation of pennsylvania is a vital, growing company with deep ties to its local communities. our rich history is enhanced by our desire to remain close to our customers, so we can deliver excellent service and solutions to meet their financial needs. univest's financial solutions for your life and business include banking, insurance, investments, trust, wealth management, leasing, and mortgage banking. univest corporation of pennsylvania (uvsp), including its wholly-owned subsidiary, univest bank and trust co., member fdic, has approximately $4.4 billion in assets and $3.5 billion in assets under management and supervision through its wealth management lines of business as of september 30, 2017. headquartered in souderton, pa. and founded in 1876, the corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the mid-atlantic region. univest delivers these services through a network