Dividends & Buybacks ·
Univest declares $0.23 quarterly dividend, reports Q3 net income of $21.6 million
UVSPUNIVEST FINANCIAL Corp
Univest Financial Corporation declared a quarterly cash dividend of $0.23 per share, payable on November 25, 2026 to shareholders of record as of November 11, 2026. The company also reported third quarter 2026 net income of $21.6 million, or $0.78 diluted earnings per share, a decline from $25.6 million and $0.89 per share in the prior year period. The decrease was primarily driven by an increase in provision for credit losses associated with elevated charge-offs, including a $14.4 million write-down on a commercial loan relationship. Net interest income rose 10.5% to $67.8 million, while noninterest expense increased 6.6% to $54.0 million. Univest Financial Corporation operates as a bank holding company providing financial solutions through its subsidiary, Univest Bank and Trust Co.