Univest Financial Corporation Reports Third Quarter Results

Quarterly net charge-offs reached $17.6 million, while net interest income increased 10.5% year over year.

Rhea-AI Summary

Univest Financial (UVSP) reported third-quarter 2026 net income of $21.6 million, down from a year earlier as credit-loss provisions increased. Diluted earnings per share were $0.78 versus $0.89, while net income compared with $25.6 million. The provision for credit losses rose to $9.0 million from $517 thousand, and net loan and lease charge-offs reached $17.6 million.

Net interest income increased 10.5% year over year to $67.8 million. Tax-equivalent net interest margin was 3.42%, versus 3.49% in the second quarter and 3.17% a year earlier. Deposits increased $421.5 million from June 30, while gross loans and leases declined $27.5 million. Noninterest income rose 1.6% year over year to $22.3 million; noninterest expense increased 6.6% to $54.0 million. Univest declared a $0.23 quarterly dividend, payable November 25, 2026, to shareholders of record November 11.

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Positive

• Moderate pointNet interest income of $67.8 million increased 10.5% year over year and 2.3% sequentially.
• Moderate pointDeposits increased $421.5 million sequentially, $267.2 million from year-end and $136.4 million year over year.
• Moderate pointNonperforming assets of $51.4 million declined from $63.0 million sequentially and $52.1 million a year earlier.
• Minor pointInvestment advisory commissions and fees increased $762 thousand, or 13.4%, year over year in the third quarter.
• Minor pointOther service fees increased $479 thousand, or 19.8%, year over year, primarily from mortgage servicing fees.

Negative

• Moderate pointThird-quarter net income fell to $21.6 million from $25.6 million; diluted EPS declined to $0.78 from $0.89.
• Moderate pointCredit-loss provision of $9.0 million compared with $2.7 million sequentially and $517 thousand a year earlier.
• Moderate pointNet loan and lease charge-offs of $17.6 million compared with $1.9 million sequentially and $480 thousand a year earlier. 1.5% of market cap
• Minor pointA $28.3 million commercial loan relationship incurred a $14.4 million charge-off during the quarter.
• Minor pointA separate $6.9 million commercial relationship incurred a $2.7 million charge-off; its remaining balance was subsequently repaid.

8 minor points

• Minor pointGross loans fell 0.4% sequentially, but rose 1.4% from year-end and 3.4% year over year.
• Minor pointTax-equivalent margin of 3.42% fell from 3.49% sequentially but exceeded 3.17% a year earlier.
• Minor pointExcess liquidity reduced third-quarter margin approximately 13 basis points, versus approximately four sequentially and approximately 16 a year earlier.
• Minor pointSalaries, benefits and commissions increased $2.6 million, or 8.2%, year over year in the third quarter.
• Minor pointMarketing and advertising expense increased $463 thousand, or 143.3%, partly reflecting reclassified sponsorship activities.
• Minor pointData processing expense increased $340 thousand, or 8.0%, year over year, primarily from annual cost increases.
• Minor pointBank-owned life insurance income fell $920 thousand, or 48.2%; third-quarter 2025 included $967 thousand in death benefits.
• Minor pointEffective tax rate rose to 20.2% from 20.0% a year earlier, when death benefits favorably affected taxes.

News Explained

A $14.4 million charge-off hit a $28.3 million loan relationship; its remaining carrying value was supported by a letter of intent to sell the business.

During the quarter ended September 30, 2026, Univest repurchased 301,127 common shares at an average cost of $42.96 per share, including brokerage fees and excise tax.

At September 30, 2026, 1,193,133 shares remained available under the plan; that is remaining capacity, not completed repurchases.

A $28.3 million commercial loan relationship incurred $14.4 million in charge-offs, and its remaining carrying value was supported by a letter of intent to sell the business.

Nonperforming assets were $51.4 million at September 30, 2026, compared with $63.0 million at June 30, 2026 and $52.1 million at September 30, 2025.

Key Figures

Net income: $21.6 million Diluted EPS: $0.78 Net interest income: $67.8 million +5 more

Net income

$21.6 million

Q3 2026; compared with $25.6 million in Q3 2025

Diluted EPS

$0.78

Q3 2026; compared with $0.89 in Q3 2025

Net interest income

$67.8 million

Q3 2026; up 10.5% from Q3 2025

Net interest margin

3.42%

Tax-equivalent basis, Q3 2026; 3.17% in Q3 2025 and 3.49% in Q2 2026

Net loan and lease charge-offs

$17.6 million

Q3 2026; compared with $1.9 million in Q2 2026 and $480 thousand in Q3 2025

Provision for credit losses

$9.0 million

Q3 2026; compared with $2.7 million in Q2 2026 and $517 thousand in Q3 2025

Quarterly cash dividend

$0.23 per share

Declared October 28, 2026; payable November 25, 2026

Shares repurchased

301,127 shares; $42.50 average price per share

Q3 2026; $42.96 average cost including brokerage fees and excise tax

Previous Earnings Reports

2 past events · Latest: Jul 22

Same Type 2 events

1. Jul 22

   Quarterly earnings

   24h Move

   +0.9%

   Reported Q2 net income of $23.0 million and diluted EPS of $0.82, both higher year over year.

2. Apr 22

   Quarterly earnings

   24h Move

   +2.1%

   Reported Q1 net income of $27.1 million and diluted EPS of $0.96, up year over year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net interest margin, tax-equivalent, nonaccrual, charge-offs, +1 more

5 terms

net interest margin financial

"Net interest margin, on a tax-equivalent basis, was 3.42%"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

tax-equivalent financial

"Net interest margin, on a tax-equivalent basis"

Tax-equivalent expresses the pre-tax return a taxable investment must offer to match the after-tax return of a tax-advantaged investment, like municipal bonds. It lets investors compare different investments on an equal footing—think of converting two prices into the same currency so you can tell which is truly cheaper—so taxes don’t distort decisions about which yield is better for your portfolio.

nonaccrual financial

"an existing nonaccrual commercial loan relationship totaling $28.3 million"

A nonaccrual asset is a loan or investment that a lender stops counting as earning interest because the borrower is not making scheduled payments or the lender doubts future payments. Think of it like putting a subscription on hold when you stop receiving payments; it reduces reported income and signals a higher risk that the lender may not get repaid, which can affect a bank's profits and the value of its loan portfolio.

charge-offs financial

"Net loan and lease charge-offs were $17.6 million"

Charge-offs occur when a lender decides a loan or debt is unlikely to be repaid and removes it from its active assets, treating the amount as a loss on its books while the borrower may still legally owe the money. For investors, rising charge-offs are like seeing more bad checks in a household budget: they signal worsening credit quality, reduce a lender’s profits and capital cushions, and can foreshadow tighter lending and higher loan-loss provisions.

loan-to-deposit ratio financial

"which is intended to improve our loan-to-deposit ratio"

Loan-to-deposit ratio measures how much a bank has lent out compared with the money customers have deposited, expressed as a percentage. Think of it like the share of a household’s savings that has been loaned to others: a higher ratio can boost earnings but reduce cash on hand and increase risk, while a lower ratio means more liquidity but potentially lower returns—key for investors assessing a bank’s balance of profit and safety.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SOUDERTON, Pa., Oct. 28, 2026 (GLOBE NEWSWIRE) -- Univest Financial Corporation (“Univest” or the "Corporation") (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. (the "Bank") and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended September 30, 2026 of $21.6 million, or $0.78 diluted earnings per share, compared to net income of $25.6 million, or $0.89 diluted earnings per share, for the quarter ended September 30, 2025, primarily due to an increase in provision for credit losses during the quarter associated with elevated charge-offs.

Loans
Gross loans and leases decreased $27.5 million, or 0.4% (1.6% annualized), from June 30, 2026. The decrease was primarily driven by a $35.3 million payoff of a shared national credit relationship and a $14.4 million charge-off associated with a $28.3 million commercial loan relationship. Gross loans and leases increased $99.6 million, or 1.4% (1.9% annualized), from December 31, 2025, and $229.0 million, or 3.4%, from September 30, 2025, primarily driven by growth in construction and commercial real estate loans. The growth from December 31, 2025 and September 30, 2025 was partially offset by a decline in residential mortgage loans, which is consistent with our strategy to focus balance sheet growth on full-relationship customers, which is intended to improve our loan-to-deposit ratio.

Deposits
Total deposits increased $421.5 million, or 6.1% (24.4% annualized), from June 30, 2026, and $267.2 million, or 3.8% (5.1% annualized), from December 31, 2025. The growth in both periods was primarily due to seasonal increases in public funds deposits and increases in commercial deposits, partially offset by decreases in consumer and brokered deposits. Total deposits increased $136.4 million, or 1.9%, from September 30, 2025, primarily due to increases in commercial, consumer and public funds deposits, partially offset by a decrease in brokered deposits.

Net Interest Income and Margin
Net interest income of $67.8 million for the third quarter of 2026 increased $6.4 million, or 10.5%, from the third quarter of 2025 and $1.5 million, or 2.3%, from the second quarter of 2026. The increase in net interest income for the third quarter of 2026 compared to the third quarter of 2025 was driven by higher average balances of loans, coupled with a reduction in our cost of funds, as lower rates paid on interest‑bearing liabilities more than offset the impact of higher average balances of these liabilities. The increase in net interest income for the third quarter of 2026 compared to the second quarter of 2026 was primarily driven by higher average balances on loans and interest-earning deposits with other banks, combined with modest increases in the yields earned on these assets. This was partially offset by an increase in our cost of funds due to the current interest rate environment, and an increase in the average balance of interest-bearing liabilities.

Net interest margin, on a tax-equivalent basis, was 3.42% for the third quarter of 2026, compared to 3.49% for the second quarter of 2026 and 3.17% for the third quarter of 2025. Excess liquidity reduced net interest margin by approximately 13 basis points for the quarter ended September 30, 2026 compared to approximately four basis points for the quarter ended June 30, 2026 and approximately 16 basis points for the quarter ended September 30, 2025. Excluding the impact of excess liquidity, the net interest margin, on a tax-equivalent basis, would have been 3.55% for the quarter ended September 30, 2026 compared to 3.53% for the second quarter of 2026 and 3.33% for the quarter ended September 30, 2025.

Noninterest Income
Noninterest income for the quarter ended September 30, 2026 was $22.3 million, an increase of $346 thousand, or 1.6%, from the comparable period in the prior year.

Investment advisory commission and fee income increased $762 thousand, or 13.4%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year, driven by appreciation in assets under management and new customer relationships.

Other service fee income increased $479 thousand, or 19.8%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year, primarily due to a $393 thousand increase in mortgage servicing fees. The three months ended September 30, 2026 included a $1 thousand reduction in valuation allowance recorded on mortgage servicing rights, compared to a $308 thousand increase in valuation allowance recorded in the third quarter of 2025, each of which were primarily driven by changes in interest rates during the quarter and the impact this had on prepayment speed assumptions.

BOLI income decreased $920 thousand, or 48.2%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year. The financial results for the three months ended September 30, 2025 included $967 thousand in BOLI death benefit proceeds.

Noninterest Expense
Noninterest expense for the quarter ended September 30, 2026 was $54.0 million, an increase of $3.3 million, or 6.6%, from the comparable period in the prior year.

Salaries, benefits and commissions increased $2.6 million, or 8.2%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year, driven by higher salary expense of $1.4 million due to annual merit increases and higher staffing levels, increased commission expense of $258 thousand, and an increase of $390 thousand in medical claims expenses.

Marketing and advertising expense increased $463 thousand, or 143.3%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year. This increase was primarily driven by the inclusion of certain sponsorship activities that were historically reported in Other Expense and the Corporation's entry into a sponsorship agreement with a local university, enhancing community engagement and visibility.

Data processing increased $340 thousand, or 8.0%, for the quarter ended September 30, 2026 compared to the comparable period in the prior year primarily due to annual cost increases.

Tax Provision
The effective income tax rate was 20.2% for the quarter ended September 30, 2026, compared to an effective tax rate of 20.0% for the quarter ended September 30, 2025. The effective tax rate for the three months ended September 30, 2025 was favorably impacted by BOLI death benefit proceeds. Excluding the BOLI death benefit proceeds, the effective tax rate was 20.7% for the three months ended September 30, 2025.

Asset Quality and Provision for Credit Losses
Nonperforming assets totaled $51.4 million at September 30, 2026, $63.0 million at June 30, 2026, and $52.1 million at September 30, 2025. During the quarter, an existing nonaccrual commercial loan relationship totaling $28.3 million incurred charge-offs of $14.4 million. This relationship had a specific reserve of $9.8 million, and the remaining carrying value was supported by a letter of intent to sell the business.

Net loan and lease charge-offs were $17.6 million for the three months ended September 30, 2026 compared to $1.9 million and $480 thousand for the three months ended June 30, 2026 and September 30, 2025, respectively. The increase in charge-offs for the quarter compared to the prior periods was primarily due to the previously discussed $14.4 million charge-off. Additionally, a separate $6.9 million commercial loan relationship incurred a $2.7 million charge-off and the remaining balance was subsequently paid in full in the third quarter.

The provision for credit losses was $9.0 million for the three months ended September 30, 2026 compared to $2.7 million and $517 thousand for the three months ended June 30, 2026 and September 30, 2025, respectively, primarily due to net charge-off activity during the quarter.

Dividend and Share Repurchases
On October 28, 2026, Univest declared a quarterly cash dividend of $0.23 per share to be paid on November 25, 2026 to shareholders of record as of November 11, 2026. During the quarter ended September 30, 2026, the Corporation repurchased 301,127 shares of common stock at an average price of $42.50 per share. Including brokerage fees and excise tax, the average cost per share was $42.96. As of September 30, 2026, 1,193,133 shares are available for repurchase under the Corporation's share repurchase plan.

Conference Call
Univest will host a conference call to discuss third quarter 2026 results on Thursday, October 29, 2026 at 9:00 a.m. EDT. Participants may preregister at https://registrations.events/direct/Q4I37740VIPBmQSGdfZvAKstK. The general public can access the call by dialing 1-800-715-9871; referencing Conference ID 37740 or "Univest Financial Corporation Third Quarter 2026 Earnings Call" to the operator. A replay of the conference call will be available through November 5, 2026 using the following link: https://registrations.events/direct/Q4I37740VIPBmQSGdfZvAKstK.

About Univest Financial Corporation
Univest Financial Corporation (UVSP), including its wholly-owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $8.6 billion in assets and $6.2 billion in assets under management and supervision through its Wealth Management lines of business at September 30, 2026. 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 primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices and online at www.univest.net.  

This press release and the reports Univest files with the Securities and Exchange Commission often contain "forward-looking statements" relating to trends or factors affecting the financial services industry and, specifically, the financial condition and results of operations, business, prospects and strategies of Univest.

These forward-looking statements involve certain risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. There are a number of important factors that could cause Univest's future financial condition, results of operations, business, prospects or strategies to differ materially from those expressed or implied by the forward-looking statements. These factors include, but are not limited to: (1) competition and demand for financial services in our market area; (2) inflation and/or changes in interest rates, which may adversely impact our margins and yields, reduce the fair value of our financial instruments, reduce our loan originations and/or lead to higher operating costs and higher costs we pay to retain and attract deposits; (3) changes in asset quality, prepayment speeds, loan sale volumes, charge-offs and/or credit loss provisions; (4) fluctuations in real estate values and both residential and commercial real estate market conditions; (5) changes in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio; (6) our ability to access cost-effective funding; (7) changes in economic conditions nationally and in our market, including potential recessionary conditions and the levels of unemployment in our market area; (8) changes in the economic assumptions or methodology used to calculate our allowance for credit losses; (9) legislative, regulatory, accounting or tax changes; (10) monetary and fiscal policies of the U.S. government, including the policies of the Board of Governors of the Federal Reserve System; (11) the effectiveness of our risk management processes and procedures; (12) the ability to maintain and increase market share and control expenses; (13) the imposition of tariffs or other domestic or international governmental policies, trade restrictions and retaliatory measures impacting our borrowers and the broader economy; (14) the impact of a potential government shutdown, debt ceiling impasses or fiscal uncertainty; (15) the failure to maintain current technologies and to successfully implement future information technology enhancements and the operational risks associated with the adoption of artificial intelligence and other emerging technologies; (16) risks associated with cybersecurity threats, data breaches, ransomware attacks, or other failures in our operational or security systems and infrastructure, including the risks arising from our dependence on third-party service providers and vendors; (17) changes in the securities markets; (18) the current or anticipated impact of military conflict, terrorism or other geopolitical events; (19) the ability to attract, develop and retain qualified personnel in a competitive labor market; (20) our ability to enter into new markets successfully and capitalize on growth opportunities; (21) changes in investor sentiment or consumer spending or savings behavior; and/or (22) risk factors mentioned in the reports and registration statements Univest files with the Securities and Exchange Commission.

In addition, we set forth certain risks in our reports filed with the U.S. Securities and Exchange Commission, including, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025, our Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that we will file hereafter, which could cause actual results to differ from those projected. We undertake no obligation to update such forward-looking statements except as required by law.

Univest Financial Corporation
Consolidated Selected Financial Data (Unaudited)
September 30, 2026
(Dollars in thousands)
Balance Sheet (Period End)		09/30/26				06/30/26				03/31/26				12/31/25				09/30/25
ASSETS
Cash and due from banks		$	64,468			$	79,490			$	69,645			$	63,579			$	70,843
Interest-earning deposits with other banks			560,614				115,835				152,712				490,133				745,896
Cash and cash equivalents			625,082				195,325				222,357				553,712				816,739
Investment securities held-to-maturity			114,665				116,207				119,490				123,024				126,040
Investment securities available for sale, net of allowance for credit losses			374,564				378,586				379,028				371,251				368,393
Investments in equity securities			2,418				2,705				2,898				2,014				2,413
Federal Home Loan Bank, Federal Reserve Bank and other stock, at cost			36,252				32,798				35,511				37,808				39,617
Loans held for sale			11,540				13,237				14,371				15,288				6,330
Loans and leases held for investment			7,014,437				7,041,957				6,940,212				6,914,804				6,785,482
Less: Allowance for credit losses, loans and leases			(80,950	)			(89,967	)			(88,900	)			(88,165	)			(86,527	)
Net loans and leases held for investment			6,933,487				6,951,990				6,851,312				6,826,639				6,698,955
Premises and equipment, net			44,244				44,373				44,774				45,554				46,245
Operating lease right-of-use assets			24,588				24,267				25,032				25,795				26,536
Goodwill			175,510				175,510				175,510				175,510				175,510
Other intangibles, net of accumulated amortization			7,891				7,850				7,583				7,328				7,537
Bank owned life insurance			143,117				142,130				142,141				140,001				139,044
Accrued interest and other assets			113,048				118,014				121,575				112,973				120,257
Total assets		$	8,606,406			$	8,202,992			$	8,141,582			$	8,436,897			$	8,573,616
LIABILITIES
Noninterest-bearing deposits		$	1,405,877			$	1,463,965			$	1,475,851			$	1,431,974			$	1,390,565
Interest-bearing deposits:			5,948,643				5,469,043				5,337,912				5,655,339				5,827,578
Total deposits			7,354,520				6,933,008				6,813,763				7,087,313				7,218,143
Short-term borrowings			186				18,826				26,156				24,411				11,951
Long-term debt			125,000				125,000				175,000				200,000				200,000
Subordinated notes			99,084				98,994				98,908				98,867				129,597
Operating lease liabilities			27,106				26,863				27,699				28,531				29,310
Accrued expenses and other liabilities			51,352				46,048				48,106				54,457				51,396
Total liabilities			7,657,248				7,248,739				7,189,632				7,493,579				7,640,397
SHAREHOLDERS' EQUITY
Common stock, $5 par value: 48,000,000 shares authorized and 31,556,799 shares issued			157,784				157,784				157,784				157,784				157,784
Additional paid-in capital			303,852				302,549				301,154				304,021				302,696
Retained earnings			643,560				628,327				611,771				591,202				574,715
Accumulated other comprehensive loss, net of tax benefit			(36,155	)			(26,728	)			(25,951	)			(25,467	)			(31,636	)
Treasury stock, at cost			(119,883	)			(107,679	)			(92,808	)			(84,222	)			(70,340	)
Total shareholders’ equity			949,158				954,253				951,950				943,318				933,219
Total liabilities and shareholders’ equity		$	8,606,406			$	8,202,992			$	8,141,582			$	8,436,897			$	8,573,616
		For the three months ended,																				For the nine months ended,
Balance Sheet (Average)		09/30/26				06/30/26				03/31/26				12/31/25				09/30/25				09/30/26			09/30/25
Assets		$	8,394,497			$	8,132,913			$	8,250,766			$	8,528,465			$	8,191,010			$	8,259,919		$	8,051,278
Investment securities, net of allowance for credit losses			497,334				502,065				499,078				497,201				492,197				499,486			496,468
Loans and leases, gross			7,065,392				7,008,079				6,939,600				6,848,654				6,790,827				7,004,818			6,831,183
Deposits			7,122,942				6,843,709				6,891,928				7,165,437				6,836,043				6,953,705			6,696,449
Shareholders' equity			959,570				951,863				949,509				936,417				923,454				953,685			909,698

Univest Financial Corporation
Consolidated Summary of Loans by Type and Asset Quality Data (Unaudited)
September 30, 2026
(Dollars in thousands)
Summary of Major Loan and Lease Categories (Period End)		09/30/26				06/30/26				03/31/26				12/31/25				09/30/25
Commercial, financial and agricultural		$	1,012,290			$	1,081,624			$	1,038,947			$	1,027,434			$	996,612
Real estate-commercial			3,707,402				3,684,721				3,656,779				3,621,536				3,517,803
Real estate-construction			355,346				329,558				299,962				306,793				309,365
Real estate-residential secured for business purpose			575,125				576,326				556,040				554,178				545,191
Real estate-residential secured for personal purpose			901,823				911,116				942,054				959,610				974,395
Real estate-home equity secured for personal purpose			208,666				205,502				201,244				200,394				197,503
Loans to individuals			12,239				12,342				12,319				12,793				13,447
Lease financings			241,546				240,768				232,867				232,066				231,166
Total loans and leases held for investment, net of deferred income			7,014,437				7,041,957				6,940,212				6,914,804				6,785,482
Less: Allowance for credit losses, loans and leases			(80,950	)			(89,967	)			(88,900	)			(88,165	)			(86,527	)
Net loans and leases held for investment		$	6,933,487			$	6,951,990			$	6,851,312			$	6,826,639			$	6,698,955
Asset Quality Data (Period End)		09/30/26				06/30/26				03/31/26				12/31/25				09/30/25
Nonaccrual loans and leases		$	31,175			$	43,897			$	13,289			$	13,743			$	27,330
Accruing loans and leases 90 days or more past due			849				160				3,750				89				829
Total nonperforming loans and leases			32,024				44,057				17,039				13,832				28,159
Other real estate owned			19,301				18,914				24,073				23,926				23,926
Repossessed assets			50				10				124				65				40
Total nonperforming assets		$	51,375			$	62,981			$	41,236			$	37,823			$	52,125
Nonaccrual loans and leases / Loans and leases held for investment			0.44	%			0.62	%			0.19	%			0.20	%			0.40	%
Nonperforming loans and leases / Loans and leases held for investment			0.46	%			0.63	%			0.25	%			0.20	%			0.41	%
Nonperforming assets / Total assets			0.60	%			0.77	%			0.51	%			0.45	%			0.61	%
Allowance for credit losses, loans and leases		$	80,950			$	89,967			$	88,900			$	88,165			$	86,527
Allowance for credit losses, loans and leases / Loans and leases held for investment			1.15	%			1.28	%			1.28	%			1.28	%			1.28	%
Allowance for credit losses, loans and leases / Nonaccrual loans and leases			259.66	%			204.95	%			668.97	%			641.53	%			316.60	%
Allowance for credit losses, loans and leases / Nonperforming loans and leases			252.78	%			204.21	%			521.74	%			637.40	%			307.28	%
		For the three months ended,																				For the nine months ended,
		09/30/26				06/30/26				03/31/26				12/31/25				09/30/25				09/30/26				09/30/25
Net loan and lease charge-offs		$	17,565			$	1,932			$	1,263			$	1,145			$	480			$	20,760			$	9,973
Net loan and lease charge-offs (annualized)/Average loans and leases			0.99	%			0.11	%			0.07	%			0.07	%			0.03	%			0.40	%			0.20	%

Univest Financial Corporation
Consolidated Selected Financial Data (Unaudited)
September 30, 2026
(Dollars in thousands, except per share data)
		For the three months ended,																For the nine months ended,
For the period:		09/30/26			06/30/26				03/31/26			12/31/25			09/30/25			09/30/26				09/30/25
Interest income		$	112,891		$	108,129			$	106,351		$	111,716		$	109,648		$	327,371			$	318,770
Interest expense			45,130			41,881				42,986			49,167			48,324			129,997				141,124
Net interest income			67,761			66,248				63,365			62,549			61,324			197,374				177,646
Provision for credit losses			8,997			2,672				1,303			3,145			517			12,972				8,522
Net interest income after provision for credit losses			58,764			63,576				62,062			59,404			60,807			184,402				169,124
Noninterest income:
Trust fee income			2,279			2,283				2,236			2,316			2,230			6,798				6,537
Service charges on deposit accounts			2,373			2,363				2,279			2,237			2,302			7,015				6,754
Investment advisory commission and fee income			6,433			6,043				6,154			6,055			5,671			18,630				16,744
Insurance commission and fee income			5,433			5,351				7,423			4,825			5,468			18,207				17,618
Other service fee income			2,895			3,319				3,041			2,668			2,416			9,255				8,270
Bank owned life insurance income			988			1,698				1,332			970			1,908			4,018				4,879
Net gain on investment securities transactions			-			11				-			-			-			11				-
Net gain on mortgage banking activities			1,164			1,346				791			886			848			3,301				2,476
Net (loss) gain on sales and write-downs of other real estate owned			-			(5,249	)			-			-			-			(5,249	)			-
Other income			704			941				832			2,065			1,080			2,477				2,561
Total noninterest income			22,269			18,106				24,088			22,022			21,923			64,463				65,839
Noninterest expense:
Salaries, benefits and commissions			34,245			33,208				33,459			33,009			31,652			100,912				94,014
Net occupancy			2,817			2,938				2,998			2,882			2,675			8,753				8,267
Equipment			1,004			1,122				1,079			1,052			1,076			3,205				3,241
Data processing			4,603			4,627				4,480			4,390			4,263			13,710				13,035
Professional fees			1,793			2,029				1,677			1,947			1,876			5,499				5,270
Marketing and advertising			786			988				634			479			323			2,408				1,174
Deposit insurance premiums			1,252			1,118				1,170			1,106			1,195			3,540				3,420
Intangible expenses			69			92				93			102			106			254				367
Restructuring charges			-			-				427			-			-			427				-
Other expense			7,433			7,002				6,652			7,743			7,503			21,087				21,541
Total noninterest expense			54,002			53,124				52,669			52,710			50,669			159,795				150,329
Income before taxes			27,031			28,558				33,481			28,716			32,061			89,070				84,634
Income tax expense			5,463			5,605				6,389			5,971			6,422			17,457				16,622
Net income		$	21,568		$	22,953			$	27,092		$	22,745		$	25,639		$	71,613			$	68,012
Net income per share:
Basic		$	0.78		$	0.83			$	0.97		$	0.80		$	0.89		$	2.58			$	2.36
Diluted		$	0.78		$	0.82			$	0.96		$	0.79		$	0.89		$	2.56			$	2.34
Dividends declared per share		$	0.23		$	0.23			$	0.22		$	0.22		$	0.22		$	0.68			$	0.65
Weighted average shares outstanding			27,485,325			27,741,836				28,032,897			28,376,191			28,716,582			27,751,347				28,856,903
Period end shares outstanding			27,306,376			27,585,768				27,949,173			28,156,917			28,576,346			27,306,376				28,576,346

Univest Financial Corporation
Consolidated Selected Financial Data (Unaudited)
September 30, 2026
					For the three months ended,																				For the nine months ended,
Profitability Ratios (annualized)					09/30/26				06/30/26				03/31/26				12/31/25				09/30/25				09/30/26				09/30/25
Return on average assets						1.02	%			1.13	%			1.33	%			1.06	%			1.24	%			1.16	%			1.13	%
Return on average assets, excluding restructuring						1.02	%			1.13	%			1.35	%			1.06	%			1.24	%			1.16	%			1.13	%
charges (1)
Return on average shareholders' equity						8.92	%			9.67	%			11.57	%			9.64	%			11.02	%			10.04	%			10.00	%
Return on average shareholders' equity, excluding						8.92	%			9.67	%			11.72	%			9.64	%			11.02	%			10.09	%			10.00	%
restructuring charges (1)
Return on average tangible common equity (1)(3)						10.97	%			11.93	%			14.27	%			11.93	%			13.68	%			12.37	%			12.47	%
Return on average tangible common equity, excluding						10.97	%			11.93	%			14.45	%			11.93	%			13.68	%			12.43	%			12.47	%
restructuring charges (1)(3)
Net interest margin (FTE)						3.42	%			3.49	%			3.33	%			3.10	%			3.17	%			3.41	%			3.15	%
Efficiency ratio (2)						59.5	%			62.3	%			59.7	%			61.8	%			60.2	%			60.4	%			61.1	%
Capitalization Ratios
Dividends declared to net income						29.4	%			27.9	%			22.8	%			27.5	%			24.7	%			26.4	%			27.6	%
Shareholders' equity to assets (Period End)						11.03	%			11.63	%			11.69	%			11.18	%			10.88	%			11.03	%			10.88	%
Tangible common equity to tangible assets (1)						9.16	%			9.68	%			9.72	%			9.27	%			9.00	%			9.16	%			9.00	%
Common equity book value per share					$	34.76			$	34.59			$	34.06			$	33.50			$	32.66			$	34.76			$	32.66
Tangible common equity book value per share (1)					$	28.27			$	28.16			$	27.71			$	27.20			$	26.45			$	28.27			$	26.45
Regulatory Capital Ratios (Period End)
Tier 1 leverage ratio						9.86	%			10.13	%			9.95	%			9.51	%			9.85	%			9.86	%			9.85	%
Common equity tier 1 risk-based capital ratio						11.25	%			11.19	%			11.32	%			11.22	%			11.40	%			11.25	%			11.40	%
Tier 1 risk-based capital ratio						11.25	%			11.19	%			11.32	%			11.22	%			11.40	%			11.25	%			11.40	%
Total risk-based capital ratio						13.79	%			13.81	%			13.95	%			13.86	%			14.28	%			13.79	%			14.28	%
(1) Non-GAAP metric. A reconciliation of this and other non-GAAP to GAAP performance measures is included below.
(2) Noninterest expense to net interest income before loan loss provision plus noninterest income adjusted for tax equivalent income.
(3) Net income before amortization of intangibles to average tangible common equity.

Univest Financial Corporation
Average Balances and Interest Rates (Unaudited)
	For the Three Months Ended,
Tax Equivalent Basis	September 30, 2026							June 30, 2026
	Average			Income/		Average		Average			Income/		Average
(Dollars in thousands)	Balance			Expense		Rate		Balance			Expense		Rate
Assets:
Interest-earning deposits with other banks	$	325,543		$	3,085	3.76	%	$	120,511		$	1,118	3.72	%
Other debt and equity securities		497,334			4,308	3.44			502,065			4,203	3.36
Federal Home Loan Bank, Federal Reserve Bank and other stock		34,132			670	7.79			33,537			625	7.47
Total interest-earning deposits, investments and other interest-earning assets		857,009			8,063	3.73			656,113			5,946	3.63
Commercial, financial, and agricultural loans		1,009,614			16,360	6.43			989,950			16,293	6.60
Real estate—commercial and construction loans		3,938,430			59,935	6.04			3,892,900			57,589	5.93
Real estate—residential loans		1,694,808			22,131	5.18			1,711,210			22,002	5.16
Loans to individuals		12,375			255	8.18			12,511			270	8.66
Tax-exempt loans and leases		229,597			3,347	5.78			224,883			3,235	5.77
Lease financings		180,568			3,312	7.28			176,625			3,294	7.48
Gross loans and leases		7,065,392			105,340	5.92			7,008,079			102,683	5.88
Total interest-earning assets		7,922,401			113,403	5.68			7,664,192			108,629	5.69
Cash and due from banks		64,256							58,713
Allowance for credit losses, loans and leases		(90,545	)						(89,488	)
Premises and equipment, net		44,389							44,926
Operating lease right-of-use assets		24,795							24,640
Other assets		429,201							429,930
Total assets	$	8,394,497						$	8,132,913
Liabilities:
Interest-bearing checking deposits	$	1,439,318		$	9,465	2.61	%	$	1,255,397		$	7,603	2.43	%
Money market savings		2,103,895			17,756	3.35			1,998,397			16,604	3.33
Regular savings		725,102			1,143	0.63			748,657			1,203	0.64
Time deposits		1,434,985			13,742	3.80			1,411,889			13,357	3.79
Total time and interest-bearing deposits		5,703,300			42,106	2.93			5,414,340			38,767	2.87
Short-term borrowings		10,539			1	0.04			33,437			30	0.36
Long-term debt		125,000			1,276	4.05			131,868			1,337	4.07
Subordinated notes		99,036			1,747	7.00			98,944			1,747	7.08
Total borrowings		234,575			3,024	5.11			264,249			3,114	4.73
Total interest-bearing liabilities		5,937,875			45,130	3.02			5,678,589			41,881	2.96
Noninterest-bearing deposits		1,419,642							1,429,369
Operating lease liabilities		27,352							27,271
Accrued expenses and other liabilities		50,058							45,821
Total liabilities		7,434,927							7,181,050
Total interest-bearing liabilities and noninterest-bearing deposits ("Cost of Funds")		7,357,517				2.43			7,107,958				2.36
Shareholders' Equity:
Common stock		157,784							157,784
Additional paid-in capital		303,039							301,620
Retained earnings and other equity		498,747							492,459
Total shareholders' equity		959,570							951,863
Total liabilities and shareholders' equity	$	8,394,497						$	8,132,913
Net interest income				$	68,273						$	66,748
Net interest spread						2.66							2.73
Effect of net interest-free funding sources						0.76							0.76
Net interest margin						3.42	%						3.49	%
Ratio of average interest-earning assets to average interest-bearing liabilities		133.42	%						134.97	%
Notes:
For rate calculation purposes, average loan and lease categories include deferred fees and costs and purchase accounting adjustments.
Net interest income includes net deferred costs amortization of $820 thousand and $801 thousand for the three months ended September 30, 2026 and June 30, 2026, respectively.
Nonaccrual loans and leases have been included in the average loan and lease balances. Loans held for sale have been included in the average loan balances. Tax-equivalent amounts for the three months ended September 30, 2026 and June 30, 2026 have been calculated using the Corporation’s federal applicable rate of 21.0%.

Univest Financial Corporation
Average Balances and Interest Rates (Unaudited)
				For the Three Months Ended September 30,
Tax Equivalent Basis				2026							2025
	Average			Income/		Average		Average			Income/		Average
(Dollars in thousands)	Balance			Expense		Rate		Balance			Expense		Rate
Assets:
Interest-earning deposits with other banks	$	325,543		$	3,085	3.76	%	$	395,944		$	4,363	4.37	%
Other debt and equity securities		497,334			4,308	3.44			492,197			3,923	3.16
Federal Home Loan Bank, Federal Reserve Bank and other stock		34,132			670	7.79			37,159			736	7.86
Total interest-earning deposits, investments and other interest-earning assets		857,009			8,063	3.73			925,300			9,022	3.87
Commercial, financial, and agricultural loans		1,009,614			16,360	6.43			949,676			17,223	7.20
Real estate—commercial and construction loans		3,938,430			59,935	6.04			3,705,154			55,469	5.94
Real estate—residential loans		1,694,808			22,131	5.18			1,719,844			21,846	5.04
Loans to individuals		12,375			255	8.18			13,497			308	9.05
Tax-exempt loans and leases		229,597			3,347	5.78			229,253			3,033	5.25
Lease financings		180,568			3,312	7.28			173,403			3,159	7.23
Gross loans and leases		7,065,392			105,340	5.92			6,790,827			101,038	5.90
Total interest-earning assets		7,922,401			113,403	5.68			7,716,127			110,060	5.66
Cash and due from banks		64,256							60,950
Allowance for credit losses, loans and leases		(90,545	)						(88,202	)
Premises and equipment, net		44,389							46,980
Operating lease right-of-use assets		24,795							26,901
Other assets		429,201							428,254
Total assets	$	8,394,497						$	8,191,010
Liabilities:
Interest-bearing checking deposits	$	1,439,318		$	9,465	2.61	%	$	1,293,781		$	8,685	2.66	%
Money market savings		2,103,895			17,756	3.35			1,915,501			18,765	3.89
Regular savings		725,102			1,143	0.63			724,927			1,068	0.58
Time deposits		1,434,985			13,742	3.80			1,482,837			15,100	4.04
Total time and interest-bearing deposits		5,703,300			42,106	2.93			5,417,046			43,618	3.19
Short-term borrowings		10,539			1	0.04			10,639			1	0.04
Long-term debt		125,000			1,276	4.05			200,000			2,145	4.26
Subordinated notes		99,036			1,747	7.00			139,127			2,560	7.30
Total borrowings		234,575			3,024	5.11			349,766			4,706	5.34
Total interest-bearing liabilities		5,937,875			45,130	3.02			5,766,812			48,324	3.32
Noninterest-bearing deposits		1,419,642							1,418,997
Operating lease liabilities		27,352							29,702
Accrued expenses and other liabilities		50,058							52,045
Total liabilities		7,434,927							7,267,556
Total interest-bearing liabilities and noninterest-bearing deposits ("Cost of Funds")		7,357,517				2.43			7,185,809				2.67
Shareholders' Equity:
Common stock		157,784							157,784
Additional paid-in capital		303,039							302,063
Retained earnings and other equity		498,747							463,607
Total shareholders' equity		959,570							923,454
Total liabilities and shareholders' equity	$	8,394,497						$	8,191,010
Net interest income				$	68,273						$	61,736
Net interest spread						2.66							2.34
Effect of net interest-free funding sources						0.76							0.83
Net interest margin						3.42	%						3.17	%
Ratio of average interest-earning assets to average interest-bearing liabilities		133.42	%						133.80	%
Notes:
For rate calculation purposes, average loan and lease categories include deferred fees and costs and purchase accounting adjustments.
Net interest income includes net deferred costs amortization of $820 thousand and $687 thousand for the three months ended September 30, 2026 and 2025, respectively.
Nonaccrual loans and leases have been included in the average loan and lease balances. Loans held for sale have been included in the average loan balances. Tax-equivalent amounts for the three months ended September 30, 2026 and 2025 have been calculated using the Corporation’s federal applicable rate of 21.0%.

Univest Financial Corporation
Average Balances and Interest Rates (Unaudited)
				For the Nine Months Ended September 30,
Tax Equivalent Basis					2026							2025
	Average			Income/		Average		Average			Income/		Average
(Dollars in thousands)	Balance			Expense		Rate		Balance			Expense		Rate
Assets:
Interest-earning deposits with other banks	$	251,019		$	7,013	3.74	%	$	216,788		$	7,094	4.38	%
Obligations of state and political subdivisions*		-			-	-			290			4	1.84
Other debt and equity securities		499,486			12,564	3.36			496,178			11,904	3.21
Federal Home Loan Bank, Federal Reserve Bank and other stock		34,973			1,999	7.64			37,142			2,094	7.54
Total interest-earning deposits, investments and other interest-earning assets		785,478			21,576	3.67			750,398			21,096	3.76
Commercial, financial, and agricultural loans		986,595			47,984	6.50			981,956			51,929	7.07
Real estate—commercial and construction loans		3,897,778			173,320	5.95			3,700,553			162,310	5.86
Real estate—residential loans		1,705,363			65,659	5.15			1,725,423			65,160	5.05
Loans to individuals		12,427			798	8.59			16,148			1,038	8.59
Tax-exempt loans and leases		225,906			9,698	5.74			229,411			8,860	5.16
Lease financings		176,749			9,818	7.43			177,692			9,591	7.22
Gross loans and leases		7,004,818			307,277	5.86			6,831,183			298,888	5.85
Total interest-earning assets		7,790,296			328,853	5.64			7,581,581			319,984	5.64
Cash and due from banks		60,339							57,674
Allowance for credit losses, loans and leases		(89,628	)						(88,052	)
Premises and equipment, net		44,888							47,044
Operating lease right-of-use assets		24,948							27,200
Other assets		429,076							425,831
Total assets	$	8,259,919						$	8,051,278
Liabilities:
Interest-bearing checking deposits	$	1,325,676		$	24,790	2.50	%	$	1,244,497		$	23,560	2.53	%
Money market savings		2,049,414			51,278	3.35			1,836,983			53,745	3.91
Regular savings		746,204			3,718	0.67			709,493			2,580	0.49
Time deposits		1,412,174			40,229	3.81			1,500,137			47,467	4.23
Total time and interest-bearing deposits		5,533,468			120,015	2.90			5,291,110			127,352	3.22
Short-term borrowings		23,130			34	0.20			7,614			16	0.28
Long-term debt		152,473			4,706	4.13			205,952			6,634	4.31
Subordinated notes		98,959			5,242	7.08			145,926			7,122	6.53
Total borrowings		274,562			9,982	4.86			359,492			13,772	5.12
Total interest-bearing liabilities		5,808,030			129,997	2.99			5,650,602			141,124	3.34
Noninterest-bearing deposits		1,420,237							1,405,339
Operating lease liabilities		27,577							30,056
Accrued expenses and other liabilities		50,390							55,583
Total liabilities		7,306,234							7,141,580
Total interest-bearing liabilities and noninterest-bearing deposits ("Cost of Funds")		7,228,267				2.40			7,055,941				2.67
Shareholders' Equity:
Common stock		157,784							157,784
Additional paid-in capital		302,690							301,908
Retained earnings and other equity		493,211							450,006
Total shareholders' equity		953,685							909,698
Total liabilities and shareholders' equity	$	8,259,919						$	8,051,278
Net interest income				$	198,856						$	178,860
Net interest spread						2.65							2.30
Effect of net interest-free funding sources						0.76							0.85
Net interest margin						3.41	%						3.15	%
Ratio of average interest-earning assets to average interest-bearing liabilities		134.13	%						134.17	%
* Obligations of states and political subdivisions are tax-exempt earning assets.
Notes:
For rate calculation purposes, average loan and lease categories include deferred fees and costs and purchase accounting adjustments.
Net interest income includes net deferred costs amortization of $2.4 million and $1.9 million for the nine months ended September 30, 2026 and 2025, respectively.
Nonaccrual loans and leases have been included in the average loan and lease balances. Loans held for sale have been included in the average loan balances. Tax-equivalent amounts for the nine months ended September 30, 2026 and 2025 have been calculated using the Corporation’s federal applicable rate of 21.0%.

Univest Financial Corporation
Loan Portfolio Overview (Unaudited)
September 30, 2026
(Dollars in thousands)
Industry Description	Total Outstanding Balance			% of Commercial Loan Portfolio
Animal Production		455,329		8.1	%
CRE - Retail		423,233		7.5
CRE - Multi-family		418,772		7.4
Hotels & Motels (Accommodation)		288,748		5.1
CRE - 1-4 Family Residential Investment		265,299		4.7
CRE - Office		251,633		4.5
Specialty Trade Contractors		246,422		4.4
CRE - Industrial / Warehouse		219,729		3.9
Nursing and Residential Care Facilities		178,694		3.2
Homebuilding (tract developers, remodelers)		160,851		2.8
Crop Production		148,545		2.6
Merchant Wholesalers, Durable Goods		129,070		2.3
CRE - Mixed-Use - Commercial		124,216		2.2
Repair and Maintenance		123,773		2.2
Motor Vehicle and Parts Dealers		116,703		2.1
CRE - Mixed-Use - Residential		110,303		2.0
Administrative and Support Services		105,154		1.9
Nondepository Credit Intermediation and Related Activities (except 5221)		102,468		1.8
Wood Product Manufacturing		101,088		1.8
Food Services and Drinking Places		95,014		1.7
Merchant Wholesalers, Nondurable Goods		90,023		1.6
Education		87,618		1.6
Amusement, Gambling, and Recreation Industries		86,918		1.5
Professional, Scientific, and Technical Services		80,968		1.4
Fabricated Metal Product Manufacturing		77,431		1.4
Food Manufacturing		71,518		1.3
Religious Organizations, Advocacy Groups		64,848		1.1
Personal and Laundry Services		64,679		1.1
Machinery Manufacturing		62,697		1.1
Nonresidential Building Contractors		55,532		1.0
Industries with >$50 million in outstandings	$	4,807,276		85.1	%
Industries with <$50 million in outstandings	$	842,887		14.9	%
Total Commercial Loans	$	5,650,163		100.0	%
Consumer Loans and Lease Financings	Total Outstanding Balance
Real Estate-Residential Secured for Personal Purpose		901,823
Real Estate-Home Equity Secured for Personal Purpose		208,666
Loans to Individuals		12,239
Lease Financings		241,546
Total - Consumer Loans and Lease Financings	$	1,364,274
Total	$	7,014,437

Univest Financial Corporation
Non-GAAP Reconciliation
September 30, 2026
Non-GAAP to GAAP Reconciliation
Management uses non-GAAP measures in its analysis of the Corporation's performance. These measures should not be considered a substitute for GAAP basis measures nor should they be viewed as a substitute for operating results determined in accordance with GAAP. Management believes the presentation of the non-GAAP financial measures, which exclude the impact of the specified items, provides useful supplemental information that is essential to a proper understanding of the financial results of the Corporation. See the table below for additional information on non-GAAP measures used throughout this earnings release.
				As of or for the three months ended,																				As of or for the six months ended,
(Dollars in thousands)				09/30/26				06/30/26				03/31/26				12/31/25				09/30/25				09/30/26				09/30/25
Restructuring charges (a)				$	-			$	-			$	427			$	-			$	-			$	427			$	68,012
Tax effect of restructuring charges					-				-				(90	)			-				-				(90	)			290
Restructuring charges, net of tax				$	-			$	-			$	337			$	-			$	-			$	337			$	68,302
Net income				$	21,568			$	22,953			$	27,092			$	22,745			$	25,639			$	71,613			$	68,012
Amortization of intangibles, net of tax					55				73				73				81				84				201				290
Net income before amortization of intangibles				$	21,623			$	23,026			$	27,165			$	22,826			$	25,723			$	71,814			$	68,302
Shareholders' equity				$	949,158			$	954,253			$	951,950			$	943,318			$	933,219			$	949,158			$	933,219
Goodwill					(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)
Other intangibles (b)					(1,792	)			(1,923	)			(1,960	)			(1,919	)			(1,966	)			(1,792	)			(1,966	)
Tangible common equity				$	771,856			$	776,820			$	774,480			$	765,889			$	755,743			$	771,856			$	755,743
Total assets				$	8,606,406			$	8,202,992			$	8,141,582			$	8,436,897			$	8,573,616			$	8,606,406			$	8,573,616
Goodwill					(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)
Other intangibles (b)					(1,792	)			(1,923	)			(1,960	)			(1,919	)			(1,966	)			(1,792	)			(1,966	)
Tangible assets				$	8,429,104			$	8,025,559			$	7,964,112			$	8,259,468			$	8,396,140			$	8,429,104			$	8,396,140
Average shareholders' equity				$	959,570			$	951,863			$	949,509			$	936,417			$	923,454			$	953,685			$	909,698
Average goodwill					(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)			(175,510	)
Average other intangibles (b)					(1,884	)			(1,938	)			(1,922	)			(1,935	)			(1,983	)			(1,914	)			(2,114	)
Average tangible common equity				$	782,176			$	774,415			$	772,077			$	758,972			$	745,961			$	776,261			$	732,074
(a) Associated with planned closure of two underutilized facilities; a financial center and a limited purpose banking office
(b) Amount does not include mortgage servicing rights

(UVSP - ER)

CONTACT:
Brian J. Richardson
UNIVEST FINANCIAL CORPORATION
Chief Financial Officer
215-721-2446, richardsonb@univest.net

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Univest's third-quarter 2026 earnings?

Univest earned $21.6 million, or $0.78 per diluted share, compared with $25.6 million, or $0.89 per diluted share, in third-quarter 2025. The decline primarily reflected a higher provision for credit losses associated with elevated charge-offs.

What supported Univest's remaining commercial loan value after the $14.4 million charge-off?

A letter of intent to sell the business supported the remaining carrying value of the $28.3 million nonaccrual commercial loan relationship. That relationship had a $9.8 million specific reserve and incurred a $14.4 million charge-off during the quarter.

How many shares did Univest repurchase in the third quarter of 2026?

Univest repurchased 301,127 common shares at an average price of $42.50 per share. Including brokerage fees and excise tax, average cost was $42.96 per share. At September 30, 2026, 1,193,133 shares remained available under its repurchase plan.