NASDAQ$UVSP

Univest Financial Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Net income increased compared to the same quarter last year.

Univest Financial Corporation reported a net income of $18.9 million, or $0.65 diluted earnings per share, for the quarter ended December 31, 2024, compared to a net income of $16.3 million, or $0.55 diluted earnings per share, for the quarter ended December 31, 2023.

  • Net income for Q4 2024 was $18.9 million, or $0.65 diluted earnings per share.
  • Gross loans and leases increased $95.8 million, or 1.4% from September 30, 2024.
  • Total deposits decreased $94.9 million, or 1.4% from September 30, 2024.
  • Net interest income for Q4 2024 increased $2.7 million, or 5.1%, from Q4 2023.

Headline financials

Total Revenue

$76.8M

Previous: $71.4M+7.6%
EPS (adj)

$0.65

Previous: $0.55+18.2%
Efficiency Ratio

65.5%

No prior period
ROA

0.9%

No prior period
ROE

8.6%

No prior period
ROATCE

10.8%

No prior period
Net Interest Margin

2.9%

No prior period
Dividends to Net Income

32.2%

No prior period
Equity to Assets

10.9%

No prior period
TCE to Tangible Assets

8.9%

No prior period
Book Value/Share

$30.55

No prior period
Tangible BV/Share

$24.43

No prior period
NPAs to Total Assets

0.4%

No prior period
ACL to Loans

1.3%

No prior period
Capital Expenditures

-$637K

No prior period
Net Income

$18.9M

Previous: $16.3M+16.5%
Operating Income

$23.8M

Previous: $20.4M+16.5%

Revenue & EPS history

Univest · Revenue · Quarterly

$76.8M

Q4 2024+7.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Univest · $18.7M total across 8 segments · Q3 2023

  • Insurance Fees
    $4.85M
  • Investment Advisory
    $4.84M
  • Other Service Fees
    $3.02M
  • Trust Fee Income
    $1.91M
  • Deposit Service Charges
    $1.82M
  • Mortgage Banking Gains
    $1.22M
  • BOLI Income
    $806K
  • Other Income
    $228K

Forward guidance

Univest will host a conference call to discuss fourth quarter 2024 results on Thursday, January 23, 2025 at 9:00 a.m. EST.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+2.9%

Avg return

30 days after

57%

37 / 65 earnings

Positive

+6.6%

Q1 2010

Best reaction

-6.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.1%+0.3%+4.6%
Q4 2025-2.1%+5.6%+0.4%
Q3 2025-0.4%+1.7%+5.0%
Q1 2025+3.3%+4.7%+3.3%
Q4 2024-0.3%+1.5%-1.0%
Q3 2024+3.4%+4.7%+15.3%
Q2 2024+1.1%+1.8%+2.1%
Q1 2024+2.8%+6.7%+12.0%
Q4 2023+2.0%+4.6%-5.3%
Q3 2023+2.2%-1.8%+11.9%
Q2 2023+0.5%-1.1%-9.3%
Q1 2023-3.4%-6.3%-12.3%
Q4 2022+3.0%+3.0%+9.7%
Q3 2022+5.1%+5.8%+5.4%
Q2 2022-6.0%-6.4%-3.1%
Q1 2022+0.8%+1.0%+3.7%
Q4 2021-4.6%-2.5%-4.7%
Q3 2021-0.4%+3.4%-1.7%
Q2 2021+2.3%-0.4%+3.3%
Q1 2021+1.7%+7.2%+6.9%
Q4 2020-1.1%-0.3%+10.1%
Q3 2020+2.9%+5.6%+27.2%
Q2 2020+2.8%-1.9%+2.1%
Q1 2020-0.4%+8.7%+0.4%
Q4 2019-3.3%-5.7%-4.9%
Q3 2019+2.2%+2.5%+1.0%
Q2 2019+4.1%+5.0%-2.4%
Q1 2019-1.3%+4.4%+1.5%
Q4 2018+5.5%+5.3%+15.7%
Q3 2018+3.3%+6.1%+6.8%
Q2 2018+1.8%-0.4%+3.4%
Q1 2018+1.9%+0.2%+3.3%
Q4 2017+0.7%-0.9%-0.9%
Q3 2017-3.5%-9.3%-9.4%
Q2 2017+0.0%+0.7%-3.1%
Q1 2017+5.9%+3.1%-2.8%
Q4 2016+0.7%-2.6%-2.9%
Q3 2016-1.3%-0.4%+18.0%
Q2 2016-3.5%-3.0%+3.1%
Q1 2016-2.2%
Q4 2015+0.3%
Q3 2015+1.8%
Q2 2015+1.0%
Q1 2015+0.4%
Q4 2014+1.8%
Q3 2014+1.7%
Q2 2014-1.7%
Q1 2014-2.0%
Q4 2013-3.2%
Q3 2013+5.0%
Q2 2013-0.1%
Q1 2013+1.0%
Q4 2012-3.8%
Q3 2012-1.9%
Q2 2012-1.4%
Q1 2011+0.7%
Q1 2012+2.4%
Q4 2009-1.2%
Q4 2010-1.2%
Q4 2011-1.2%
Q3 2010-4.7%
Q3 2011-4.7%
Q2 2011+1.4%
Q2 2010+1.4%
Q1 2010+6.6%

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