Education
About Us
Working with TipRanks
Follow Us
Univest Corporation Of Pennsylvania (UVSP)
NASDAQ:UVSP
Top Page
Univest Of Pennsylvania
(NASDAQ:UVSP)
70Neutral
Univest Of Pennsylvania (UVSP) vs. S&P 500 (SPY)
Market Cap
$853.12M
Dividend Yield2.82%
Average Volume (3M)139.73K
Price to Earnings (P/E)11.1
Beta (1Y)1.03
Revenue Growth7.17%
EPS Growth12.20%
CountryUS
Employees892
SectorFinancial
Sector Strength87
IndustryBanks - Regional
Share Statistics
EPS (TTM)2.67
Shares Outstanding28,880,154
10 Day Avg. Volume130,514
30 Day Avg. Volume139,730
Financial Highlights & Ratios
PEG Ratio0.91
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.30
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.69
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$32.00Price Target Upside8.33% Upside
Rating ConsensusHold
Number of Analyst Covering2
Univest Of Pennsylvania Business Overview & Revenue Model
Company DescriptionUnivest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 37 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
How the Company Makes MoneyUnivest makes money through a diversified revenue model that includes interest income from loans and deposits, fees from banking services, investment management fees, and commissions from insurance products. The company's key revenue streams include interest income generated from its portfolio of commercial and consumer loans, as well as income from securities investments. Additionally, Univest earns non-interest income through service fees attached to its deposit accounts, mortgage banking activities, and transaction processing. The wealth management and insurance divisions contribute further by offering investment advisory services and a range of insurance products, respectively. Strategic partnerships with local businesses and community organizations enhance Univest's market presence and customer base, contributing to its overall financial performance.
Univest Of Pennsylvania Financial Statement Overview
Summary
Univest Of Pennsylvania exhibits robust revenue growth and strong operational efficiency, evident from its high gross and EBIT margins. The company has managed its leverage effectively, reducing its debt-to-equity ratio over time. However, inconsistencies in net profit margins and cash flow metrics suggest areas for improvement. Overall, Univest demonstrates financial stability with potential for enhanced profitability and cash flow management.Income Statement
Univest Of Pennsylvania has demonstrated a consistent upward trajectory in revenue growth, with a notable increase from $234.65M in 2019 to $412.36M in 2024. The gross profit margin stands strong at 100% due to the nature of its business. However, net profit margins have shown variability, with recent figures displaying a decrease from prior years. The EBIT margin is solid at 97.9% in 2024, indicating efficient core operations, but the absence of EBITDA for recent years suggests limitations in assessing operational cash flow.75
Positive
Balance Sheet
The balance sheet reflects a stable equity base with a growth in stockholders' equity from $672.65M in 2019 to $887.30M in 2024. The debt-to-equity ratio has improved, indicating better leverage management, declining from 0.49 in 2019 to 0.30 in 2024. Return on equity has fluctuated, highlighting potential challenges in generating profits relative to equity. The equity ratio of 10.92% in 2024 suggests a conservative capital structure, though lower than optimal for growth acceleration.68
Positive
Cash Flow
Cash flow management appears strong with consistent positive free cash flow. However, free cash flow growth has been inconsistent, and operating cash flow relative to net income reveals potential inefficiencies in cash conversion, as seen in 2024 with a ratio of 0.99. Despite these challenges, Univest has maintained positive free cash flow, indicating an ability to fund operations and investments without heavy reliance on external financing.65
Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 412.36M | 286.05M | 296.18M | 271.61M | 252.69M | Gross Profit |
| 412.36M | 286.05M | 296.18M | 271.61M | 252.69M | EBIT |
| 403.78M | 0.00 | 133.26M | 114.33M | 56.90M | EBITDA |
| 0.00 | 1.35M | -2.28M | 119.97M | -2.23M | Net Income Common Stockholders |
| 75.93M | 71.10M | 78.12M | 91.80M | 46.92M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 210.11M | 249.80M | 503.06M | 1.21B | 438.50M | Total Assets |
| 8.13B | 7.78B | 7.22B | 7.12B | 6.34B | Total Debt |
| 267.67M | 493.61M | 473.55M | 227.33M | 331.20M | Net Debt |
| 191.67M | 243.81M | 320.75M | -662.82M | 111.35M | Total Liabilities |
| 7.24B | 6.94B | 6.45B | 6.35B | 5.64B | Stockholders Equity |
| 887.30M | 839.21M | 776.50M | 773.79M | 692.47M |
| Cash Flow | Free Cash Flow | |||
| 75.11M | 83.02M | 104.23M | 96.46M | 47.43M | Operating Cash Flow |
| 75.11M | 89.74M | 109.45M | 102.34M | 51.18M | Investing Cash Flow |
| -259.74M | -454.44M | -897.61M | -126.78M | -867.39M | Financing Cash Flow |
| 263.68M | 461.69M | 50.81M | 694.73M | 910.94M |
Univest Of Pennsylvania Technical Analysis
Positive
29.54
Price Trends
28.44
Positive
29.30
Positive
28.54
Positive
Market Momentum
0.33
Negative
60.55
Neutral
95.16
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UVSP, the sentiment is Positive. The current price of 29.54 is above the 20-day moving average (MA) of 27.45, above the 50-day MA of 28.44, and above the 200-day MA of 28.54, indicating a bullish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 60.55 is Neutral, neither overbought nor oversold. The STOCH value of 95.16 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UVSP.
Univest Of Pennsylvania Risk Analysis
Univest Of Pennsylvania disclosed 40 risk factors in its most recent earnings report. Univest Of Pennsylvania reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Univest Of Pennsylvania Peers Comparison
Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $864.16M | 8.35 | 15.41% | 1.74% | 10.80% | 10.48% | |
74 Outperform | $857.24M | 9.69 | 11.03% | 5.02% | 9.36% | 8.13% | |
70 Outperform | $837.69M | 15.91 | 10.71% | 3.89% | 181.68% | 28.77% | |
70 Neutral | $853.12M | 11.06 | 8.93% | 2.82% | 7.17% | 12.20% | |
69 Neutral | $712.79M | 16.92 | 5.95% | 4.12% | 9.12% | 11.62% | |
67 Neutral | $801.73M | 10.12 | 9.62% | 2.79% | 17.70% | 3.88% | |
63 Neutral | $12.46B | 9.55 | 8.14% | 17103.96% | 12.70% | -4.66% |
* Financial Sector Average
Performance Comparison
UVSP
Univest Of Pennsylvania
29.54
7.99
37.08%
HFWA
Heritage Financial
22.82
4.76
26.36%
SBSI
Southside Bancshares
28.19
1.86
7.06%
FMBH
First Mid-Illinois Bancshares
33.43
1.95
6.19%
AMAL
Amalgamated Bank
28.16
3.39
13.69%
BHRB
Burke & Herbert Bank & Company
55.91
6.07
12.18%
Univest Of Pennsylvania Earnings Call Summary
Earnings Call Date:Apr 23, 2025
(Q1-2025)
| % Change Since: 3.83%|
Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment Neutral
The earnings call for Univest Financial Corporation presented a mixed outlook. Key achievements included a strong start to the fiscal year, improved net interest margin, and an increase in dividends, reflecting a positive operational performance. However, challenges were noted in the form of decreased non-interest income and deposit levels, and a provision for credit losses, which could indicate future challenges. Despite these issues, the company remains optimistic about navigating the uncertain economic environment.Q1-2025 Updates
Positive Updates
Solid Start to Fiscal Year 2025
Univest Financial Corporation reported net income of $22.4 million for the first quarter, or $0.77 per share, indicating a strong start to the fiscal year despite economic uncertainties.
Improved Net Interest Margin
The net interest margin improved to 3.09% during the quarter from 2.88% in the previous quarter, reflecting better loan pricing discipline.
Increase in Quarterly Dividend
The Board of Directors announced a $0.01 increase in the quarterly dividend to $0.22 per share.
Continued Share Repurchases
Univest repurchased 221,760 shares of stock during the quarter and plans to continue share buybacks.
Strong Credit Quality
Credit quality remained strong with non-performing assets to total assets at 43 basis points and net charge-offs low at 10 basis points annualized.
Negative Updates
Decrease in Non-Interest Income
Non-interest income decreased by $3.2 million or 12.4% compared to the first quarter of 2024, primarily due to non-recurring gains in the prior year.
Deposit Decrease
Deposits decreased by $100.8 million during the quarter, attributed predominantly to the seasonal decline of public funds deposits.
Provision for Credit Losses
A provision for credit losses of $2.3 million was recorded during the quarter, indicating potential future concerns in credit quality.
Decreased Contingent Income in Insurance
Contingent income in the insurance line decreased by $700,000 compared to the first quarter of 2024.
Company Guidance
During the Univest Financial Corporation's first quarter 2025 earnings call, several key metrics and guidance points were highlighted. The company reported net income of $22.4 million, or $0.77 per share, despite economic uncertainties. Loan growth was modest, with net growth of $6.5 million, impacted by larger payoffs, while deposits decreased by $100.8 million due to a seasonal decline in public funds. The net interest margin (NIM) improved to 3.09%, up from 2.88% in the previous quarter, with core NIM excluding excess liquidity at 3.12%. Non-performing assets to total assets increased slightly to 43 basis points, and net charge-offs remained low at 10 basis points annualized. The company recorded a provision for credit losses of $2.3 million, maintaining a coverage ratio of 1.28%. Non-interest income decreased by 12.4% compared to the prior year, while noninterest expense decreased by 1.5%. The board announced a $0.01 increase in the quarterly dividend to $0.22 per share, and 221,760 shares were repurchased. Guidance for 2025 remains consistent, with fee income growth expected in the 4% to 6% range. The company targets a loan-to-deposit ratio of 95% to 105% over time, and potential stock buybacks will be considered based on excess capital and regulatory capital projections.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.