Univest Financial Corporation (UVSP), including its wholly-owned subsidiary Univest Bank and Trust Co., Member FDIC, has approximately $6.3 billion in assets and $4.1 billion in assets under management and supervision through its Wealth Management lines of business at December 31, 2020. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations primarily in the Mid-Atlantic Region. Univest delivers these services through a network of more than 50 offices in southeastern Pennsylvania extending to the Lehigh Valley and York, as well as in New Jersey and Maryland.
Company profile
Ticker
UVSP
Exchange
Website
CEO
Jeffrey Schweitzer
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
UNIVEST CORP OF PENNSYLVANIA
SEC CIK
Corporate docs
Subsidiaries
a.Girard Advisory Services, LLC • b.Girard Benefits Group, LLC • c.Girard Investment Services, LLC • d.Girard Pension Services, LLC • e.Univest Capital, Inc. • f.Univest Insurance, LLC ...
IRS number
231886144
UVSP stock data
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
17 Mar 23
DEF 14A
Definitive proxy
17 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Regulation FD Disclosure
14 Feb 23
8-K
Results of Operations and Financial Condition
26 Jan 23
8-K
Other Events
8 Dec 22
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
15 Nov 22
8-K
Univest Financial Corporation Announces Pricing of $50.0 Million Subordinated Notes Offering
8 Nov 22
424B5
Prospectus supplement for primary offering
8 Nov 22
FWP
Free writing prospectus
7 Nov 22
Transcripts
UVSP
Earnings call transcript
2022 Q4
26 Jan 23
UVSP
Earnings call transcript
2022 Q3
30 Oct 22
UVSP
Earnings call transcript
2022 Q2
29 Jul 22
UVSP
Earnings call transcript
2022 Q1
30 Apr 22
UVSP
Earnings call transcript
2021 Q4
27 Jan 22
UVSP
Earnings call transcript
2021 Q3
30 Oct 21
UVSP
Earnings call transcript
2021 Q2
1 Aug 21
UVSP
Earnings call transcript
2021 Q1
2 May 21
UVSP
Earnings call transcript
2020 Q4
28 Jan 21
UVSP
Earnings call transcript
2020 Q3
31 Oct 20
Latest ownership filings
4
JEFFREY M SCHWEITZER
17 Mar 23
4
Megan D Santana
17 Mar 23
4
Brian J Richardson
17 Mar 23
4
Patrick C McCormick
17 Mar 23
4
Michael S Keim
17 Mar 23
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
10 Feb 23
13F-HR
Quarterly holdings report by institutional manager
9 Feb 23
SC 13G/A
FMR LLC
9 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
4
Todd S Benning
6 Feb 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 152.80 mm | 152.80 mm | 152.80 mm | 152.80 mm | 152.80 mm | 152.80 mm |
| Cash burn (monthly) | (no burn) | 61.45 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 179.76 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | -26.96 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | -0.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
47.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 134 |
| Opened positions | 9 |
| Closed positions | 13 |
| Increased positions | 55 |
| Reduced positions | 42 |
| 13F shares | Current |
|---|---|
| Total value | 497.57 bn |
| Total shares | 21.49 mm |
| Total puts | 0.00 |
| Total calls | 300.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.14 mm | $82.03 bn |
| FMR | 2.29 mm | $59.84 bn |
| Dimensional Fund Advisors | 2.18 mm | $57.08 mm |
| Pzena Investment Management | 1.64 mm | $42.89 bn |
| Vanguard | 1.52 mm | $39.63 bn |
| Manufacturers Life Insurance Company, The | 1.31 mm | $34.24 bn |
| STT State Street | 770.21 k | $20.13 bn |
| Renaissance Technologies | 709.17 k | $18.52 bn |
| Geode Capital Management | 547.18 k | $14.29 bn |
| UVSP Univest Financial | 510.11 k | $13.33 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Keim Michael S | Common Stock | Payment of exercise | Dispose F | No | No | 24.88 | 3,331 | 82.88 k | 48,657.077 |
| 15 Mar 23 | Keim Michael S | Common Stock | Other | Acquire J | No | No | 0 | 86 | 0.00 | 51,988.077 |
| 15 Mar 23 | Keim Michael S | Common Stock | Option exercise | Acquire M | No | No | 0 | 8,614 | 0.00 | 51,902.077 |
| 15 Mar 23 | Keim Michael S | Common Stock | Option exercise | Acquire M | No | No | 0 | 887 | 0.00 | 43,288.077 |
| 15 Mar 23 | Keim Michael S | Common Stock | Option exercise | Acquire M | No | No | 0 | 827 | 0.00 | 42,401.077 |
| 15 Mar 23 | Keim Michael S | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,231 | 0.00 | 41,574.077 |
| 15 Mar 23 | Keim Michael S | RSU Common | Grant | Acquire A | No | No | 0 | 8,046 | 0.00 | 8,046 |
| 15 Mar 23 | Keim Michael S | RSU Common | Grant | Acquire A | No | No | 0 | 3,450 | 0.00 | 3,450 |
| 15 Mar 23 | Keim Michael S | RSU Common | Option exercise | Dispose M | No | No | 0 | 8,614 | 0.00 | 0 |
| 15 Mar 23 | Keim Michael S | RSU Common | Option exercise | Dispose M | No | No | 0 | 887 | 0.00 | 1,774 |