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KBRA affirms Univest Financial (NASDAQ: UVSP) credit ratings

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Univest Financial Corporation reported that Kroll Bond Rating Agency (KBRA) affirmed the credit ratings of both the Corporation and Univest Bank and Trust Co. with a Stable Outlook as of April 1, 2026.

For the Corporation, KBRA affirmed a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, and a short-term debt rating of K2. For the Bank, KBRA affirmed a deposit rating of A-, senior unsecured debt rating of A-, subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Corp senior unsecured rating BBB+ KBRA rating for Univest Financial Corporation senior unsecured debt
Corp subordinated rating BBB KBRA rating for Univest Financial Corporation subordinated debt
Corp short-term rating K2 KBRA short-term debt rating for Univest Financial Corporation
Bank deposit rating A- KBRA deposit rating for Univest Bank and Trust Co.
Bank senior unsecured rating A- KBRA senior unsecured debt rating for Univest Bank and Trust Co.
Bank subordinated rating BBB+ KBRA subordinated debt rating for Univest Bank and Trust Co.
Bank short-term ratings K2 KBRA short-term deposit and debt ratings for Univest Bank and Trust Co.
senior unsecured debt rating financial
"KBRA affirmed the Corporation's senior unsecured debt rating of BBB+"
subordinated debt rating financial
"subordinated debt rating of BBB, and short-term debt rating of K2"
deposit rating financial
"KBRA affirmed the Bank's deposit rating of A-"
short-term deposit and debt ratings financial
"short-term deposit and debt ratings of K2"
Stable Outlook financial
"affirmed its long-term credit ratings ... with a Stable Outlook"
A stable outlook is a credit-rating agency’s view that a company’s credit rating is unlikely to change over the medium term, indicating expected steadiness in its financial condition and ability to meet obligations. For investors it matters because a stable outlook signals lower likelihood of sudden changes to borrowing costs, dividend capacity or default risk—like a calm weather forecast, it helps set expectations about near-term risk and return.
Understanding 8-K Material Events →
0000102212false00001022122026-04-012026-04-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 _______________________ 
FORM 8-K 
_______________________ 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 1, 2026
 _______________________ 
UNIVEST FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
_______________________ 
  
Pennsylvania 0-7617 23-1886144
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
14 North Main Street, Souderton, Pennsylvania 18964
(Address of principal executive office)(Zip Code)
Registrant’s telephone number, including area code (215) 721-2400
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): 
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b))
☐Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c))
 

Securities registered pursuant to Section 12(b) of the Act:
Title of classTrading SymbolName of exchange on which registered
Common Stock, $5 par valueUVSPThe NASDAQ Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐



Item 8.01Other Events.

On April 1, 2026, Kroll Bond Rating Agency ("KBRA") affirmed its long-term credit ratings for Univest Financial Corporation (the "Corporation) and Univest Bank and Trust Co. (the "Bank") with a Stable Outlook. Specifically, KBRA affirmed the Corporation's senior unsecured debt rating of BBB+, subordinated debt rating of BBB, and short-term debt rating of K2. With regard to the Bank, KBRA affirmed the Bank's deposit rating of A-, senior unsecured debt rating of A-, subordinated debt rating of BBB+, and short-term deposit and debt ratings of K2.

Item 9.01Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits
Exhibit No.  Description of Document
104The cover page from the Corporation's Form 8-K, formatted in Inline XBRL

 




SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Univest Financial Corporation
By:/s/ Brian J. Richardson
Name:Brian J. Richardson
Title:Senior Executive Vice President,
Chief Financial Officer
Date: April 2, 2026
 





Source: View Original Filing on SEC EDGAR

FAQ

What credit ratings did KBRA affirm for Univest Financial Corporation (UVSP)?

KBRA affirmed Univest Financial Corporation’s senior unsecured debt rating at BBB+, its subordinated debt rating at BBB, and its short-term debt rating at K2. These ratings were reaffirmed with a Stable Outlook on April 1, 2026.

How did KBRA rate Univest Bank and Trust Co., the banking subsidiary of UVSP?

KBRA affirmed Univest Bank and Trust Co.’s deposit rating at A-, its senior unsecured debt rating at A-, its subordinated debt rating at BBB+, and its short-term deposit and debt ratings at K2, all with a Stable Outlook.

What overall outlook did KBRA assign to Univest Financial Corporation and its bank?

KBRA assigned a Stable Outlook to both Univest Financial Corporation and Univest Bank and Trust Co. This means the agency currently expects the affirmed ratings to remain steady, absent significant changes in the companies’ credit profiles.

Which rating agency reviewed Univest Financial Corporation (UVSP) on April 1, 2026?

The ratings were reviewed by Kroll Bond Rating Agency (KBRA). On April 1, 2026, KBRA affirmed multiple long-term and short-term credit ratings for Univest Financial Corporation and Univest Bank and Trust Co., maintaining a Stable Outlook on each rating.

Did the KBRA action involve changes or only affirmation of UVSP’s ratings?

KBRA’s action involved an affirmation of existing credit ratings for Univest Financial Corporation and Univest Bank and Trust Co., all with a Stable Outlook. The disclosed information indicates ratings were maintained at current levels rather than changed.

Filing Exhibits & Attachments

3 documents

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