Recent Updates — UVSP
Univest Financial Corporation reported second quarter 2026 net income of $23.0 million, or $0.82 diluted earnings per share, an 18.8% increase over the $0.69 diluted EPS from the second quarter of 2025. Results included a $5.2 million pre-tax valuation adjustment charge on an other real estate owned (OREO) property and $708 thousand in bank owned life insurance (BOLI) death benefit proceeds. Net interest income rose 11.3% year-over-year to $66.2 million, with a tax-equivalent net interest margin of 3.49%. Total deposits increased 5.3% year-over-year to $6.93 billion. Nonperforming assets rose to $63.0 million from $50.6 million a year prior, driven by a $28.6 million commercial loan placed on nonaccrual status. The company operates in the financial services industry, providing banking, insurance, and wealth management solutions.